Market News

Emirates, the world’s largest carrier by international traffic, says it would expand its operation in Africa by more than 40 percent in the next decade. This is in line with the airline’s 10 years growth plan which includes investment expansion as well as the provision of critical links . . .

Hyundai Motors Nigeria Limited has started phased delivery of low priced made-in-Nigeria cars assembled at the company's plant in Lagos to its provisional dealers nationwideThis is coming barely three months after Stallion Group owners of the multivehicle plant roll-out made-in-Nigeria Nissan range . . .

Matchedje Motor, a sole national automotive company that on Thursday last week launched campaign to sell its first 100 all-terrain vehicles priced at US$19,600, is planning a second-phase expansion of its vehicle manufacturing factory to produce 100,000 vehicles annually.   The company, which . . .

According to the automaker’s president for MEA, Mr Jim Benintende, the region presents the final frontier for global growth in the auto industry. He added that the company is committed to offering products that will resonate with the expanded customer base. “Ford is bringing a full fami . . .

China’s top auto dealer and a listed member of Fortune 500 Company, Geely holding Group has indicated an interest in penetrating the Tanzanian automobile market with the overall intention of deepening its African footprint. “Africa is the best market that our company have interest in in . . .