ABDAS – Africa information and Business Directory
Africa information and Business Directory
This loan is a part of 11 million US dollars finance that the firm received from the different investors, which includes NY based PAN African Investment Co. Mobius is planning …
Mobius Attracts 5 Million Investment from the USA Read More
Michelin Tyres have entered into a partnership with industrial products distributor CFAO. This joint venture will see the duo import and distribute top-of-the-line tyres in Kenya and Uganda. Michelin holds …
Michelin Turns Focus to Kenyan Market with New Joint Venture Read More
Automobile manufacturers Foton have decided to invest approximately $2.5 million (Sh257.25 million) to restore their market share in the East African region, with the emphasis on Kenya and its ever-expanding …
Foton Set to Invest Sh257.2 million in Kenyan Automobile Market Read More
A Memorandum of Understanding was recently signed between with an anonymous distributer and World moto Inc, a leader in advanced and state of the art solutions for motorcycle taxi gadgets. …
Rwanda would soon introduce meters for Taxi-Moto Read More
NAIROBI, KENYA: The Japanese auto export firm ‘Be Forward’ was relaunched yesterday, making its existence as a competitive Auto trade company in Kenya. “The government, in particular, its law enforcement …
Relaunch of Japanese auto export firm in Kenya Read MoreNAIROBI, 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