SA based electric car maker sets up shop in Nairobi

Posted on :Friday , 26th November 2021

Agilitee Africa, a South African-based electric car manufacturer, has opened a branch in Nairobi as it aims to grow into the East African market.

Mandla Lamba, the business's Chief Executive Officer, stated that the company intends to spend Sh111.2 million in its Nairobi-based subsidiary, Agilitee East Africa.

"We will formally begin operations in Kenya in . . .

Kenya's automotive industry is poised to expand throughout the continent

Posted on :Friday , 29th October 2021

The automotive sector in Kenya has seen a significant increase in local automobile sales as a result of President Uhuru Kenyatta's decree given in 2019 pushing all government departments to buy locally produced cars in an effort to further the objective of the 'Buy Kenya Build Kenya' campaign.

Under President Kenyatta's Big 4 Economic Agenda, the government put aside cash last year to pu. . .

Kenya aims to double domestic car assembly by 2025.

Posted on :Friday , 22nd October 2021

Kenya is relying on its national automotive strategy to support the sector, with plans to increase output over the next four years and reduce reliance on used imported automobiles.

The strategy, which was proposed in 2019 and was approved by the Cabinet, aims to increase the number of cars made domestically while also creating more employment in vehicle assembly.

According to Indu. . .

Changes in global trade dynamics shift automotive supply chain hubs to Africa

Posted on :Wednesday , 29th September 2021

The global trade dynamics are shifting as a result of a variety of short-term and long-term variables. The rising viability of new Arctic marine routes, the growth of new states into automotive manufacturing centres, changes in geopolitical equations, supply chain resilience, and shifting talent pools are just a few of the global variables that might influence future supply chain hubs.

S. . .

Leading Auto financing company acquires ROAM Africa's online car platforms

Posted on :Friday , 24th September 2021

Autochek, the automotive technology business that facilitates vehicle finance across Africa, and ROAM Africa (Ringier One Africa Media) have agreed for Autochek to purchase the automotive markets Cheki Kenya and Cheki Uganda as Autochek grows deeper into the African market.

East Africa's expanding industry is positioned as a vital car finance centre, with credit penetration in Kenya at 2. . .