ABDAS – Africa information and Business Directory
Africa information and Business Directory
NAIROBI, Kenya–Ascent Rift Valley Fund (ARVF), being a foremost SME Private Equity Fund investor has signed an investment deal that will see it acquire a bulk Auto stake in Springs …
Ascent Rift Valley Fund acquires major stake in Auto Springs East Africa. Read More
The CEO of Opel Michael Lohscheller mentioned in an interview that Opel will export cars to Tunisia and Morocco from its European plants. He was quoted as saying “We see …
Opel will export cars to Tunisia and Morocco Read MoreAt a meeting, Volkswagen’s South Africa chief Thomas Schaefer told President Uhuru Kenyatta that “the firm was exploring producing a second model in Kenya, possibly a hatchback – small SUV …
Volkswagen to Double Production in Thika, Kenya Read More
The Nissan Almera sedan won the 2017 ‘Car of the Year (CoY)’Award by Nigeria Automotive Industry (NAI), overtaking keen rivals Toyota Corolla, Ford Focus, Peugeot 301 and Kia Optima. Nissan …
Nissan Almera wins 2017 ‘Car of the Year Award’ by NAI Read More
Auto major Mahindra & Mahindra Ltd, a part of the USD 19 billion Mahindra Group, has opened its new office in the capital of Egypt, Cairo, and its first in …
Mahindra & Mahindra Ltd Inaugurates its New Office in Cairo Read More
A new start for Opel in South Africa: From January 1, 2018, onwards, the German carmaker will sell its vehicles with the assistance of Unitrans Automotive, a famous name in …
New Beginning for Opel in South Africa Read More
PSA Group has signed a joint venture with three Algerian partners to manufacture cars in the North African country. The manufacturing plant will start production next year and be fully …
PSA Expands to North Africa with Plant in Algeria Read More
Chinese vehicle manufacturer Beijing Automotive Group’s (BAIC’s) choice to invest in a vehicle assembly plant, in the Coega Industrial Development Zone (IDZ), could help drive further investment by Chinese firms …
BAIC’s investment into South African vehicle assembly project to boost mutual investment Read More
The Mobius II is set to hit the road by next year. Bookings have been opened by the company. This model aims to be an upgrade of the inaugural car …
Mobius Motors to launch Mobius II in the African market Read More
Uber in Kenya collaborates with AAK to promote safe driving Uber has proposed a series of Safety information sessions for partner drivers across Middle-East and Africa, collaborating with Road Safety …
Uber in Kenya Collaborates with AAK to Promote Safe Driving Read More