Market News
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Tanzania: New Locomotives for TAZARA
Posted on :Wednesday , 18th November 2015
Dar es Salaam — The Tanzania-Zambia Railway Authority (TAZARA) has received four new diesel-electric mainline locomotives and 18 passenger coaches valued at $22.4 million.
"We remain eternally grateful to the government and the people of China for their constant and positive association with TAZARA, which they helped build some forty years ago and have co. . .Ethiopia: Industry to Open 27 Automotive Industrial Zones
Posted on :Wednesday , 18th November 2015
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 planning to open 27 automotive engineering zones that will be assembling and manufactur. . .Construction of phase II of Mombasa port terminal in Kenya to begin
Posted on :Wednesday , 11th November 2015
The construction of phase II of Mombasa port terminal in Kenya will start early 2017, Kenya Ports Authority managing director Gichiri Ndua has said. When complete, the second container terminal will provide and additional capacity of 470,000 and 550,000 TEUs.
Mr Ndua added that the construction project of phase II of Mombasa port terminal in Kenya . . .Completion of light rail construction project in Africa set for 2016
Posted on :Monday , 9th November 2015
The completion of a light rail construction project in Nigeria has been set for December 2016, Lagos State Governor Akinwunmi Ambode has announced. The governor said that once complete the light rail construction project in Nigeria will start operation immediately.
The aim of the project is to ease the traffic situation in Lagos state that has been a tho. . .Automobile Companies paving way to big business in East Africa
Posted on :Saturday , 7th November 2015
Muscling its way into the market is China’s Beiqi Foton Motor, which last year delivered over 10,000 vehicles to Africa and in March established a sales division in Kenya. It is busy finishing construction of a US$50-million assembly plant in Nairobi that it claims will have capacity for delivering 10,000 vehicles a year to the region.
Foton designs and . . .Please Select an Option
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