Al-Futtaim Acquires Major Shares In Kenyan Automobile Business

Dubai’s Al-Futtaim Group now holds majority shares in Kenyan automobile retailer, CMC Holdings Limited after 91 percent shareholders accepted its 7.6 billion shilling ($87.91 million) offer for  Read More..

Posted on : 30 Nov,-0001

Scania starts operations in East Africa

Scania has now started operations in East Africa with a centre in Nairobi, Kenya. In Kenya, an independent distributor has previously represented Scania.   “This is a long term  Read More..

Posted on : 14 Jun,2017

Nigeria to welcome back foreign car plants

Over 10 automobile companies have shown interest in setting up car assembly plants in Nigeria since the African country introduced a new auto industry policy, Nigeria’s National Automotive  Read More..

Posted on : 30 Nov,-0001

German automotive firm eyes East Africa market

German automotive firm Bosch on Thursday announced it has entered the East African market. The firm’s MD of Southern Africa Steffen Hoffman told journalists in Nairobi that it will invest  Read More..

Posted on : 30 Nov,-0001

Daimler India begins exports of FUSO trucks to Tanzania

Initial targets lie at around 1,000 trucks this year for exports alone. With this move, the combined target of MFTBC and DICV is to double annual sales to 290,000 units by 2020. The first two  Read More..

Posted on : 30 Nov,-0001

17th Auto expo Africa 2014 to be held in Nairobi

The three-day automobile extravaganza – AUTO EXPO AFRICA – KENYA 2014 – which is being organized jointly by Expo group and Expo link Exhibitions & Publications Limited (Kenya)  Read More..

Posted on : 30 Nov,-0001

Expo for car lovers set for April

Car lovers will throng Kenyatta International Conference Centre in April for East Africa’s biggest motor vehicles exhibition. The Autoexpo Africa 2014 to be held from April 27 to April 29  Read More..

Posted on : 30 Nov,-0001

French Auto Dealer To Assemble Trucks And Pickups In Nigeria

CFAO Auto Group, French-based automobile distribution multinational, have indicated interest in delivering locally assembled automobiles in Nigeria, following a similar path with number of  Read More..

Posted on : 30 Nov,-0001