The African Export-Import Bank (Afreximbank) and the African Association of Automotive Manufacturers (AAAM) have entered into a Memorandum of Understanding (MoU) to finance and promote the automotive industry in Africa."The strategic partnership with AAAM will facilitate the implementation of the Bank's automotive programme aimed at catalysing the development of the automotive industry in Africa as the continent begins trade within the African.... Read more »

Posted on : Monday , 22nd February 2021

In August last year, just as the global auto industry began to spot green recovery after the worst coronavirus carnage, German carmaker Volkswagen unveiled its first vehicle assembled in Ghana, the Tiguan SUV, in the existence of Ghanaian President Nana Addo Dankwa Akufo-Addo.The event marked the official opening of the VW's first vehicle assembly plant in the West African country and the fifth in sub-Saharan Africa; the other locations are in.... Read more »

Posted on : Monday , 8th February 2021

Isuzu East Africa is back on the Tanzanian market with the introduction of a dealership run by its new distributor—Al Mansour Auto EA (Tanzania) Limited.The Japanese vehicle manufacturer, initially represented in Tanzania by Quality Motors Limited, are lacking from the market for three years."We are thrilled to re-establish our occurrence in Tanzania through our dealer Al Mansour Auto Limited," Rita Kavashe, Chief Executive Officer of Isuzu,.... Read more »

Posted on : Thursday , 21st January 2021

Leading online auto market Cheki Kenya has launched a 100% auto finance service in partnership with major banks across the country to help ease the financial burden of car purchases in Kenya.Cheki Finance's 100 percent car loan service provides quick loans to buy locally and imported used vehicles and brand new cars listed on the site.An average of 8000 listings appear on the site on a monthly basis with a traffic volume of 1 million visits per.... Read more »

Posted on : Tuesday , 12th January 2021

The African two-wheeler market is projected to grow at a CAGR of 12% by 2025, on the back of an inadequate public transport system, growing urbanisation and increasing imports of two-wheelers across the region.In addition, the increasing penetration of Chinese and Indian low-cost two-wheelers in the African two-wheeler market by two-wheeler importers gives customers more options, which are expected to have a positive impact on the market during.... Read more »

Posted on : Tuesday , 5th January 2021

NTSA Director General (DG) George Njao said the 'Usalama Barabarani' programme is sponsored by the European Union and is planned to run for a period of three years.Njao said the aim of the programme is to improve road safety in order to minimise the number of deaths caused by accidents.  "There is a need to strengthen road safety programmes and County Transport and Safety Committees (CTSCs) to reduce carnage," he said.The Director General.... Read more »

Posted on : Thursday , 26th November 2020

When a re-spray is required for cars, or SUVs that are treasured possessions, the owners want an excellent result to achieve a top-class finish. Some of these discerning drivers have become aware of the fine results obtained by the DT Dobie Body Shop for Mercedes Benz and Volkswagen owners.In the past, this facility was confined to operating on Mercedes and Volkswagens, excluding other bands. In response to requests from the proud owners of.... Read more »

Posted on : Thursday , 26th November 2020

Indian automaker Mahindra & Mahindra has started assembling two of its small commercial trucks in Kenya, becoming the latest global carmaker to start operations in East Africa's richest economy.Mahindra's entry follows that of French carmaker Peugeot SA and Germany's Volkswagen AG, both of which announced resumption of local assembly in 2017 and 2016 respectively, after decades-long absences.The interest in the local new vehicle market by.... Read more »

Posted on : Monday , 26th October 2020

PROTON Holdings Bhd steps into Kenyan market by sending the first batch of cars to the republic.The cars, totalling 30 units of Proton Saga, were shipped as completely knocked down (CKD) kits and will be assembled by Simba Corp, a diversified conglomerate with a long history of sales and assembly experience in the automotive industry.Proton deputy CEO Datuk Radzaif Mohamed said “While strengthening Proton’s domestic position is critical to.... Read more »

Posted on : Monday , 26th October 2020

Prime Minister Abiy Ahmed's leadership said to take unprecedented measures in formulating conducive business climate for automotive industry thereby enhancing the capacity of domestic car assembling firms and putting the import substitution strategy in a good shape.Speaking to The Ethiopian Herald, Founding CEO and Managing-Director of a local automotive firm, Marathon Motor Engineering, Melkamu Assefa said that Premier Abiy has taken viable.... Read more »

Posted on : Wednesday , 7th October 2020

Sales of new motor vehicles have incorporated recovering from the economic fallout of the Covid-19 pandemic following the reopening of the economy starting July.Travel restrictions and the panic induced by the disease saw orders plummet to a low of 568 units in May.Sales have, however, increased steadily to reach 1,044 units in August and nearly matched the peak of 1,049 units in February.Data from the Kenya Motor Industry Association (KMI).... Read more »

Posted on : Thursday , 1st October 2020

In a welcome boost to Kenya’s industrialization and job formation pillar under the “Big Four” agenda, the carmaker released shipments totaling 30 units of CKD (Completely Knocked Down) kits.The vehicles will be massed by Simba Corporation (SimbaCorp), a diversified Kenyan conglomerate with a long history in the car sales and assembly industry. The consignment was flagged off by Kenya’s High Commissioner to Malaysia, Francis Ndegwa.... Read more »

Posted on : Monday , 7th September 2020