Market News

 A US$100.51m cargo airport in Nigeria will be constructed in Nasarawa State,  governor Tanko Al-makura, has said. The governor was speaking during the signing of the financial contract agreement between the state government and Tongyi Group Engineering, a Chinese firm tasked with the cons . . .

 French transport solutions provider Alstom has signed two contracts with Egypt's National Authority for Tunnels (NAT) to supply signalling and telecommunications systems and develop infrastructure for the third phase of Cairo Metro Line 3 alstom egypt cairometroOfficials from NAT and Alstom s . . .

 Ford Motor Company is planning to introduce 30 new vehicles in the Middle East and Africa by 2020 as part of its regional expansion strategy CBYCarImagesThe Middle East and Africa is a diverse region for Ford vehicles.  The company revealed that eight vehicles will first be released, al . . .

 Isuzu’s Nigerian dealer Koncept Autocentre Limited has stated that it will commence the assembly of Isuzu vehicles from Q2 2016 Isuzu has finalised the vehicles that will be produced at the Nigeria plant.  Koncept Autocentre director Victor Eborajolo said that the new assembly pla . . .

 The Bishoftu Automotive Industry announced that it is planning to build new 27 automotive engineering zones throughout the country in the coming years.   Bishoftu Automotive Industry General Manager Gebremedhin Zeselassie said that apart from its ongoing activities, the industry is plan . . .