Market News

  • Qatar Airways to Start direct Flights to Mombasa

    Posted on :Wednesday , 12th September 2018

    Qatar Airlines will launch direct flights to Mombasa, Kenya’s second biggest city. Expected to happen in December, the move will increase the competition for local carriers.

     
    After Nairobi, this is the second destination in Kenya to receive the service. The airlines will undertake a four times weekly flight from Doha to Mombasa. Airbus A320 will be used for thi. . .

  • Kenyan Capital Gets EkoRent's First Electric Cab Service

    Posted on :Monday , 27th August 2018

    EkoRent Africa, an electric mobility company has launched a full electric vehicle service called Nopia Ride in Nairob,i Kenya earlier this month.  "We have now launched our zero-emission electric transportation service pilot in Nairobi. We aim to increase our fleet size to around couple of hundred vehicles by the end of the year," the company says calling on Kenyans to register e. . .

  • 4 More Car Manufacturers Target East Africa for Local Auto Assembly

    Posted on :Tuesday , 17th July 2018

    Car Manufacturers are targeting East Africa to setup assembly line within the region of the continent.Simba Corp, a Kenyan company is in discussion with 4 automakers for setting up their assembly units in the country. While Chief Executive Officer of Simba Corp Adil Popat confirmed discussion with Renault of France about their assembling unit, the other car manufacturer showing interested is Ma. . .

  • Michelin and CFAO Collaborate for New Joint Venture

    Posted on :Thursday , 14th June 2018

    The French tire manufacturer, Michelin and global distribution specialist, CFAO have announced their joint venture for the import and distribution of premium quality tires in Kenya and Uganda. The agreement says CFAO holds 51% and Michelin holds 49%. No other financial terms and conditions were disclosed

  • Kenyan Glass Giant Impala Glass Sets Stage at 21st Autoexpo Africa - Kenya 2018

    Posted on :Saturday , 5th May 2018

    'Roll down your mirrors and see the venue in Nairobi', is now a frequent line said by Impala Glass  Industries, who are all set to participate in the 21st AUTOEXPO AFRICA - KENYA 2018, starting from the 17th till the 19th of May 2018 at the Kenyatta International Convention Center (KICC), Nairobi. The local magnet, whose home ground is Nairobi, has grown into the largest producer &. . .

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