Ampersand, a Rwandan company, has received a $9 million loan from DFC to help it grow operations in Rwanda and Kenya

Ampersand, a Rwandan start-up, has announced that it has received a $9 million financing facility from the United States International Development Finance Corporation (DFC) to expand its activities  Read More..

Posted on : 02 Nov,2021

African automotive technology firm, has received $13.1 million in seed funding to help it scale its technology

Autochek, an African automotive firm, has raised a $13.1 million seed round over a year after receiving a $3.4 million pre-seed round in November 2020. Since its introduction in August last year,  Read More..

Posted on : 02 Nov,2021

Automotive market in Eastern Africa is attracting investment

Although the impacts of COVID-19 continue to stifle the performance of Africa's key economic sectors, East Africa's automotive industry appears to be drawing some corporate investment, enhancing  Read More..

Posted on : 01 Oct,2021

African metals gets a robust boost on electric vehicles expansion

As electric vehicles become more common in Nairobi Kenya, with Toyota the most recent company to announce big investments in electric vehicles and components, mineral-rich African countries are  Read More..

Posted on : 29 Sep,2021

Kenya's Electric mobility expanding fast

Recently, numerous companies, including the Kenyan government, have expressed strong interest in the EV market. Electric vehicles have gained widespread acceptance in both the European and American  Read More..

Posted on : 24 Sep,2021

Ugandan auto firm targets to start manufacturing buses this year

Ugandan state auto firm Kiira Motors Corporation earlier mentioned that it will begin producing buses by July and aims to put out 1,030 units this year, as it moves forward to arrive in the market  Read More..

Posted on : 31 Aug,2021

Tanzania Automotive Sector Attracting Investment and is finally above pre-pandemic levels by 1.2%

Tanzania amid robust demand for automotive vehicles, numerous domestic and foreign manufacturers are planning to enlarge their production bases in Tanzania. Government of Tanzania also prioritizes  Read More..

Posted on : 30 Aug,2021

Plentywaka And Autocheck Have Teamed Up To Make Vehicle Inspection And Maintenance Easier

As part of its ongoing efforts to revolutionise Nigeria's public transportation sector, Plentywaka, Nigeria's largest shared mobility platform and a Techstars-backed startup, has partnered with  Read More..

Posted on : 05 Aug,2021

Kenya Boosts The Automotive Sector By Increasing Vehicle Exports

According to an official, Kenya plans to enhance motor vehicle exports to the East African Community (EAC) bloc in order to bolster the automotive sector.   Due to limited domestic demand for  Read More..

Posted on : 05 Aug,2021

The Automotive Sector in Africa is Booming, Incorporating Wide Range of Trades and Skills

As well as having a thriving port, this part of South Africa is also home to Isuzu, known for its iconic pick-up trucks. Billy Tom, CEO and Managing Director, Isuzu Motors South Africa, describes how  Read More..

Posted on : 21 Jun,2021