Hyundai Motors abandoned the EA market a decade ago, but is now looking to return. The company’s Regional Marketing Director Sam Lee says that while “Hyundai has been absent from East African roads for over a decade”, they now “consider the region as a significant market and will be making strategic investments to make Hyundai cars the leading models in the region.”   Hyundai will reportedly be making a.... Read more »

Posted on : Friday , 6th November 2015

 Nairobi-based Mobius Motors recently announced and started pre-selling its Mobius II model, which will offer drivers a highly robust vehicle capable of tackling Africa’s rough rural terrain and will, importantly, be the most affordable SUV on the market, selling for around US$11,000 (other new models usually sell for about US$23,000). It achieves this price by offering a simplified design, with non-essentials such as air-con,.... Read more »

Posted on : Friday , 6th November 2015

Aisin, world renowned original auto equipment manufacturers, OM, has introduced its range of products into the Nigerian market with a mission to rid the nation's auto market of fake vehicle spare parts, and promote safe driving culture in the country.   Aisin is a world leading auto spare parts supplier to renowned automobile manufacturing companies across the world, especially the Japanese including Toyota, Honda, Mitsubishi among.... Read more »

Posted on : Thursday , 5th November 2015

 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 announced.   Speaking in French capital Paris, Abdessalem said that once completed the shareholders pact will be signed.   “It is nearly finalized as there are only two points to address,” the minister said in reply to a question by.... Read more »

Posted on : Friday , 30th October 2015

 Plans for the construction of infrastructure in Egypt is in top gear after the Transport Minister Saad el Gioushi and head of the Arab Organization for Industrialization (AOI) Abdel Aziz Seif met with the president over the weekend to discuss the same.   According to the Presidential spokesman Alaa Youssef the minister for transport during the meeting reviewed various challenges facing the sector and called for urgent plan to.... Read more »

Posted on : Tuesday , 27th October 2015

 Having unveiled its newly developed hybrid electric sedan, the Kiira EV SMACK, Kiira Motors Corporation (KMC) is currently seeking to raise USD350mn worth of investment to establish a new vehicle assembly plant in Jinja Industrial and Business Park in Uganda. If the necessary investment funds can be secured, the automaker has stated that production will begin in mid-2018 with a planned capacity at the plant of 300 units per month (3,600.... Read more »

Posted on : Monday , 26th October 2015

 The signing held at National Service (JKT) Headquarters was witnessed by Prime Minister Mizengo Pinda and former Polish president Lech Walesa, who is also a Nobel Laureate.   Premier Pinda said the deal was the outcome of his last year's visit to Poland where the east Europen country committed to provide 110 million US dollars for supply of tractors and cereal storage facilities.   "Our visit to Poland was to seek.... Read more »

Posted on : Monday , 26th October 2015

 Kenya, the economic, commercial, and logistical hub of the entire East African region and the most developed economy in Eastern Africa, is growing rapidly. The economy grew by 5.3% in the year 2012 and is projected to reach 10% growth by 2017 as the government takes steps to enhance Kenya’s economic competitiveness. The Automotive industry in Kenya is primarily involved in the retail and distribution of motor vehicles.   There.... Read more »

Posted on : Saturday , 24th October 2015

 Tanzania has begun the construction of what it says will be the largest port in East Africa at a cost of about $11bn. Backed by China Merchants Holdings International and Oman’s State Government Reserve Fund, the project is expected to be a game changer in Tanzania’s quest to industrialize.   Officials in Tanzania believe that the construction of largest port in East Africa will not only boost the economy of the tourist.... Read more »

Posted on : Monday , 19th October 2015

 Multi-donor agency Trade Mark East Africa (TMEA), has hinted that the newly constructed Mombasa port terminal which cost US$ 30.9bn will be  operational in June, 2016.   Dr. Chris Kiptoo, the TradeMark East Africa (TMEA) Kenya director said that the agency will hand over the facility to the Kenya Ports Authority (KPA) by mid next year.   The terminal which has a capability of increasing container space by 450,000.... Read more »

Posted on : Thursday , 15th October 2015

Zanzibar — Mahindra company from India is planning to open a tractor assembling plant here, Zanzibar President, Dr Ali Mohamed Shein, revealed here yesterday. Dr Shein said negotiations with the Indian company were currently going on. He also disclosed that his government would also purchase 100 tractors from the company to improve agriculture in the Isles.   "Mahindra is one of the biggest companies globally and its expected.... Read more »

Posted on : Tuesday , 13th October 2015

Regional auto assembly plants can now fully enter the Tanzanian market after the lapse of an East African Community October deadline for Dar to lift a 30 per cent excise duty on locally assembled vehicles.   Previously, Tanzania had complained of some partner states breaching the rules of origin by allowing vehicle assembly firms to resell imports without any significant value addition. This led to the standoff that saw Dar tax these.... Read more »

Posted on : Monday , 12th October 2015