Market News
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AAM intensifies efforts on auto sector development in Africa
Posted on :Thursday , 3rd November 2016
Following a visit to Nigeria to advocate for a robust automotive sector, the African Association of Automotive Manufacturers, that includes Ford Motor Co., Nissan Motor Co., Toyota Motor Corp., General Motors, BMW AG and Volkswagen AG, the carmakers led other executives to Kenya to rise an auto-manufacturing attention.
While most the requests the association m. . .Tanzania: Ashok Leyland to Supply Vehicles Worth U.S.$170 Million to Dar
Posted on :Tuesday , 25th October 2016
Ashok Leyland, an Indian based company has won an order valued 170m/US dollars from the government of Tanzania for purchase of Leyland's vehicles.
According to the statement released by Ashok Leyland's Head of Marketing and Corporate Communication, Mr Rajesh Mani the company will also supply generator- sets, spares and equipment for development of workshops, trainin. . .Tanzania: Govt Prepares to Establish Tyre Manufacturing Plant
Posted on :Monday , 24th October 2016
Dodoma — The government has appointed a team of consultants to study and propose approaches for establishment of a tyre manufacturing plant in the country.
The Permanent Secretary in the Ministry of Industry, Trade and Marketing, Dr Adelhem Meru, revealed this yesterday before the Parliamentary Committee on Industry Trade and Environment when presenting . . .Ashok Leyland wins $170 million order from Tanzanian government to supply vehicles
Posted on :Friday , 21st October 2016
Chennai-based commercial vehicle maker Ashok Leyland said on Thirsday that it has won an order worth $170 million from the Tanzanian government to supply vehicles and related items. The company informed about the order minutes before trading hours; the share price of Ashok Leyland closed 1.72 percent higher at Rs 85.65 on the BSE.
The order will be financed by the EXIM Bank of I. . .High visibility in the heart of Africa
Posted on :Thursday , 20th October 2016
Vice President M. Hamid Ansari’s tour of West Africa in end September, his second in five months, took him to Nigeria and Mali. His previous tour of North Africa covered Morocco and Tunisia. The latest tour may not have excited the national media, but it is imbued with significance for three reasons.
First, it marked the end of over a year – from M. . .Please Select an Option
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