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Africa’s cost of borrowing eases

Africa’s cost of borrowing eases

June 28, 2017

AFRICAN Export-Import Bank (Afreximbank) has successfully closed a US$750 million note under its Euro Medium Term Note programme, which will ease the cost of borrowing for Zambia and other African …

Africa’s cost of borrowing eases Read More
Canadian LGC Capital Partners With South African AfriAg to Produce and Export Medical and Recreational Cannabis Across the World

Canadian LGC Capital Partners With South African AfriAg to Produce and Export Medical and Recreational Cannabis Across the World

June 28, 2017

MONTREAL and JOHANNESBURG, South Africa, June 26, 2017 /CNW Telbec/ – LGC Capital Ltd. (TSXV: QBA) (“LGC”) is pleased to announce that it has entered into a strategic alliance with …

Canadian LGC Capital Partners With South African AfriAg to Produce and Export Medical and Recreational Cannabis Across the World Read More
Renault Celebrates Export of 1 Million Cars Made in Morocco

Renault Celebrates Export of 1 Million Cars Made in Morocco

June 27, 2017

The automotive industry in Morocco has become the leading export sector, thanks notably to the investments of French automaker Renault Group that celebrated the export of 1 million vehicle made …

Renault Celebrates Export of 1 Million Cars Made in Morocco Read More
Perodua expects to sustain 2016 export growth performance this year

Perodua expects to sustain 2016 export growth performance this year

June 27, 2017

Perusahaan Otomobil Kedua Sdn Bhd (Perodua) expects to sustain its export growth performance this year as seen in 2016, said its president and chief executive officer Datuk Aminar Rashid Salleh. …

Perodua expects to sustain 2016 export growth performance this year Read More
New car sales in Africa may be on the up

New car sales in Africa may be on the up

June 27, 2017

Sales of new motor vehicles across Africa may be bottoming out after years of decline, Mike Whitfield, president of the National Association of Automobile Manufacturers of SA, said at the …

New car sales in Africa may be on the up Read More
New study makes case for regional automotive industry

New study makes case for regional automotive industry

June 27, 2017

EIGHTY-FIVE per cent of the vehicles in the region are imported or bought used and only about 15 per cent brand new, with an average fleet age ranging from 15 …

New study makes case for regional automotive industry Read More
Ford on the road to developing cars with a personal touch

Ford on the road to developing cars with a personal touch

June 27, 2017

Car experts predict that in future cars may know how we feel — sometimes without us having to say a word. Nearly 90 percent of all new cars are expected …

Ford on the road to developing cars with a personal touch Read More
Subaru’s globally acclaimed EyeSight tech to be launched in SA

Subaru’s globally acclaimed EyeSight tech to be launched in SA

June 27, 2017

Subaru EyeSight®, the award-winning driver-assistance technology developed over the past 20 years by Subaru engineers, will be introduced to South African consumers in July 2017, when the all-new Subaru XV …

Subaru’s globally acclaimed EyeSight tech to be launched in SA Read More
Kenya: Car manufacturing makes a return

Kenya: Car manufacturing makes a return

June 27, 2017

At present, there is little automotive manufacturing on the continent anywhere between South Africa and North Africa, with the exception of Nigeria. Such assembly plants are a decent halfway house …

Kenya: Car manufacturing makes a return Read More
Nigeria’s Cars45 closes $5M round to digitize Africa’s used autos markets

Nigeria’s Cars45 closes $5M round to digitize Africa’s used autos markets

June 27, 2017

Africa’s startup boom is moving into the used-vehicle space. Nigeria based Cars45.com raised a $5 million Series A round from the Frontier Cars Group, a holding company whose backers include …

Nigeria’s Cars45 closes $5M round to digitize Africa’s used autos markets Read More

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