Market News

The Japanese heavy commercial vehicle giant Isuzu Motor may soon open an assembly factory in the nation if the current demand is maintained. This would be in addition to the ongoing East African Community initiative to support the automotive sector in the area. According to Sandra Njagi, Head o . . .

Europe is chugging along slowly but surely in the transition from noisy, polluting combustion engine motorcycles to quiet, efficient electrics. Asia has already made impressive progress, and North America is, well, making an attempt. But Africa could be poised to leap past everyone as several countr . . .

The Government Procurement Services Agency (GPSA) has started the cycle pointed toward making all administration vehicles utilize packed flammable gas (CNG) to reduce oil based commodities expenses. The GPSA Acting Head of Correspondence and Advertising, Mr Peter Mayila, expressed as of late in . . .

In the wealth of natural gas residues in Tanzania, people in general is encouraged to change over their petroleum or diesel-filled vehicles to natural gas to save cost and decrease fossil fuel byproducts, africanews reports. With an underlying venture of 65 million bucks, the Tanzanian governme . . .

Yamaha Motor Co stated today that its group subsidiary CourieMate Co has inked a partnership agreement with Tokyo-based Wassha Co, a startup establishing enterprises in Africa, to commercialise a last-mile delivery service in Tanzania. Based on this arrangement, the two businesses are conducting rea . . .