Market News | Autoexpo Tanzania 2022

Market News

  • French minister unveils electric vehicles in Tanzania

    Posted on :Wednesday , 24th November 2021

    Franck Riester, France's Minister of Foreign Trade and Economic Attractiveness, formally presented the ecologically friendly electric automobiles developed by E-Motion Africa.

     

    E-Motion Africa was founded in 2019 with the goal of delivering an unique and easy solution to Tanzania's decarbonization dilemma by converting the diesel engine of safari vehicles into an electric moto. . .

  • Kenya, Tanzania Industrialists Kick Off Meeting on Market Access

    Posted on :Friday , 16th July 2021

    The East African Community (EAC) common external tariff (EAC CET) upper band rate, harmonisation of domestic taxes, harmonisation of product standards, review of the EAC Rules of Origin, and activation of the dispute settlement mechanism, according to the Kenya Association of Manufacturers (KAM) and the Confederation of Tanzania Industries (CTI).

    Mucai Kunyiha, KAM chairman, stated that . . .

  • AAAM & Afreximbank have signed An Agreement to Increase Automotive Investment in Africa

    Posted on :Tuesday , 6th April 2021

    A Memorandum of Understanding (MoU) was signed by the African Export-Import Bank (Afreximbank) and the African Association of Automotive Manufacturers (AAAM) for the financing and promotion of Africa's automotive industry.

    In early February, Afreximbank President Benedict Oramah and AAAM President Mike Whitfield signed a Memorandum of Understanding, paving the groundwork for a collaborat. . .

  • Tanzania Auto Market Up as Tata Unveils New Brand

    Posted on :Thursday , 25th February 2021

    Tata Motors, an Indian car manufacturer, has introduced a new brand car on the local market, a sign of a fast-growing vehicle market and an opportunity for users to contribute to the preservation of the environment.

    The available statistics show that the car market in Tanzania increased by 5.3 per cent last year in the midst of the coronavirus pandemic compared to the previous year.
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  • The German Auto Industry Doubles Down On Africa

    Posted on :Monday , 8th February 2021

    In August last year, just as the global auto industry began to spot green recovery after the worst coronavirus carnage, German carmaker Volkswagen unveiled its first vehicle assembled in Ghana, the Tiguan SUV, in the existence of Ghanaian President Nana Addo Dankwa Akufo-Addo.

    The event marked the official opening of the VW's first vehicle assembly plant in the West African country and t. . .

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