Nigeria’s Booming Auto Market

With a population of close to 180 million and a GDP of US$493 billion in 2015, Nigeria is the most populous country with the largest economy in Africa. Despite the current economic challenges facing the country due to low oil prices and a weakened currency, Nigeria still reveals robust economic growth of 2-4% in the medium term. Owing to the lack of domestic vehicle production, Nigeria is highly dependent on imports to meet its domestic...

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Export Used Cars To Africa: Importers in Africa of used Cars Do Thriving Business

Second-hand cars have been finding their way to African markets for many years. The market for used cars in Africa is poised for further growth as Africa is by far the least motorized region on the planet with only 44 registered vehicles per 1,000 inhabitants. The global average, on the other had, stands at 180 vehicles per 1,000 inhabitants  – which reflects the tremendous growth potential in the market for used cars in the African...

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Ghana's Automotive market

The automobile sector of Ghana has been a driver of growth of the country as it is one of the most visible sectors to receive foreign investment. Ghana is a multicultural and ethnically diverse West African nation and is the 9th largest African economy. On the Ibrahim Index of African Governance, Ghana ranks as the 7th best economy in Africa, which implies a relative safety of foreign investment in the region. Also, Ghana ranks relatively...

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Michelin ties up with CFAO to boost tyre sales in East Africa

Michelin Tyres is targeting Africa to further consolidate its sales and distribution network in East Africa and has partnered with CFAO, a renowned distributor of industrial products with outlets and distribution networks all across Africa. The joint venture between Michelin Tyres and  CFAO will oversee the import and distribution of high-quality tyres in Kenya and Uganda.  A new company has been formed specially for this...

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Nairobi to Have Flying Taxis

Last year Uber promised flying taxis in several cities in a few years. But the company will be relying on variety of partners to provide the actual vehicles and systems required to have a working flying taxi service in a city. The cars will be efficient in fuel use, safe and no noise compared to helicopters. McFly, the company that intends to introduce the service in Kenya will use an initial production cost worth $120,000 per vehicle....

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Tanzania to ban sub standard lubricant imports

Tanzania is adopting tough measures to check the the inflow of substandard lubricants into the country. Tanzania is an important market for lubricants in Africa. This was announced in the backdrop of the announcement by the Government Chemist Laboratory Agency (GCLA) that over 50 per cent of imported lubricants in the country are of inferior quality. Industry, Trade and Investment Minister Charles Mwijage said the new measures will...

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A-MAP launches promotional campaign in Ethiopia to promote ASIMCO auto parts

In an effort to further increase the popularity and reach of ASIMCO auto parts in Ethiopia, Al Muqarram Auto Parts (A-MAP) has launched aggressive promotional campaign in Ethiopia. An extensive advertising and marketing campaign to promote ASIMCO automotive spare parts in the Ethiopian market has been launched by A-MAP. As a result, ASIMCO shop boards and posters are now visible across Ethiopia in auto service centers as well as spare parts...

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Eveready Batteries: A-MAP Gains Distribution Rights in UAE

Al Muqarram Auto Parts (A-MAP) has expanded its product range by obtaining the distribution rights of Eveready Batteries in the UAE. Eveready batteries are made to the highest quality standards in the Johnson Controls factory in Europe. These batteries are designed to deliver long battery life performance through optimized grid design using the most modern European manufacturing technologies. With over 15 years experience, A-MAP is a global...

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