Nigeria has potential to become hub of Africa’s automotive industry – report

A new report on the automotive industry in Nigeria released by PricewaterhouseCoopers (PwC) says that Nigeria has the potential to become the hub of Africa’s automotive industry. The report  Read More..

Posted on : 09 Nov,2015

Indonesia to host initiatives for capacity building in Asia-Africa

 Jakarta (ANTARA News) - The government of Indonesia, through the Ministry of Foreign Affairs, will undertake several capacity building initiatives to strengthen development cooperation among  Read More..

Posted on : 06 Nov,2015

Hinduja bets big on Africa; to invest $1 bn in automotive, oil, chemicals, trading & infrastructure sectors

 MUMBAI: Hinduja Group has identified Africa as its next big frontier for growth and has committed to pump in $1 billion across sectors over the next five years.  Calling for a unified  Read More..

Posted on : 05 Nov,2015

Construction of Peugeot car manufacturing plant in Algeria nears completion

 The construction of Peugeot car manufacturing plant in Algeria is almost complete and is set to be commissioned,  minister for Industry and Mines Abdessalem Bouchouareb has  Read More..

Posted on : 03 Nov,2015

East Africa: Change in Policy in Rwanda Boosts Car Imports

The number of vehicles imported into the country is picking up, boosted by a combination of the lifting of the 10-year ban on right-hand-drive vehicles and reduced taxes on cargo trucks and  Read More..

Posted on : 02 Nov,2015

Decline of new cars being purchased in South Africa

As first reported by the National Association of Automobile Manufacturers of SA (NAAMSA), new car sales have dipped 13% compared to September last year. This is a serious concern for the automotive  Read More..

Posted on : 02 Nov,2015

Luxury Carmaker Daimler To Open Branch In Southern Africa For Commercial Vehicles

Daimler, the second-largest truck manufacturer in the world, plans to open six new regional centers around the world for commercial vehicles including one in Southern Africa, according to a report in  Read More..

Posted on : 02 Nov,2015

PWC: Nigeria's Auto Industry to Produce 4m Cars Annually by 2050

PricewaterhouseCoopers (PWC) on Thursday predicted that the Nigerian auto industry is expected to produce about four million cars annually by 2050, noting that given the nation’s growth  Read More..

Posted on : 02 Nov,2015

New Korando focused on 'SA buyers' needs'

Cape Town - SsangYong has launched an updated Korando in South Africa. At the same time, Mahindra SA, which distributes SsangYong vehicles locally, has streamlined the model offering, focusing on  Read More..

Posted on : 02 Nov,2015

Transnet Earnings Gain on Higher Iron-Ore, Container Volumes

 Transnet SOC Ltd., South Africa’s state-owned ports and rail operator, said first-half earnings rose 9 percent as higher iron ore and container volumes offset weaker coal  Read More..

Posted on : 29 Oct,2015