Market News | AUTOEXPO Ethiopia 2018

Market News

  • Turkish Exporters Target Africa

    Posted on :Wednesday , 23rd November 2016

     At a time when struggling Turkish exporters are looking for ways to diversify their target markets, Africa is poised to become the new frontier market for Turkish firms as they position themselves to become major stakeholders in the region’s rapidly growing industries.

    Africa has recorded an annual growth rate of 5 percent over the last d. . .

  • PSA Makes Europe Player in Ethiopian Auto Industry

    Posted on :Wednesday , 12th October 2016

     French automaker PSA Group turns to Ethiopia to launch assembly of Peugeot 2008, 301 and 208 models.

     
    PSA opened the new $1.2 million assembly plant in partnership with Mesfin Industrial Engineering, a local business that built the factory in Tigray in the northern region of the East African country. It is expected initially to assemble 1,200 vehicles yearly fo. . .

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