Market News
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Tanzania plans to revive tyre maker
Posted on :Tuesday , 27th January 2015
The government has once again expressed its commitment to reviving the Arusha-based General Tyre East African Limited (GTEA) factory before the end of this year.
Janeth Mbene, the deputy Minister for Industry and Trade was last week here to brief on the government’s plans on reviving the tyre-making plant.“As g. . .Innoson Unveils First \'Made-in-Nigeria\' Cars
Posted on :Thursday , 11th December 2014
When Nigeria, on October 3, 2013, announced the introduction of a new automotive policy aimed at discouraging the importation of wholly assembled automobile and encouraging local manufacturing, it seemed like a tall dream. But building on recent local assembly successes, by Hyundai and Nissan, was last week’s unveiling of a new brand of cars by indigenous company, Innoson Motors.
Delphi Automotive Opens Third Factory in Morocco
Posted on :Thursday , 11th December 2014
Auto parts maker, Delphi Automotive Plc, has opened its third production unit in Kenitra, Morocco. The facility will provide jobs for another 1,700 people, bring the company’s total workforce to about 9000 people.It also confirms the attractiveness of Morocco’s automotive sector to European manufacturers.“Morocco offers a competit. . .Ashok Leyland bags $79.2 million project in Tanzania, Zimbabwe
Posted on :Thursday , 4th December 2014
Hinduja Group flagship firm Ashok Leyland has announced bagging of two large integrated transport projects in Tanzania and Zimbabwe worth a total of $79.2 million.
As part of the project, the company will supply trucks, buses, light commercial vehicles, spares and allied support services, includes training and developmental consultancy, Ashok Leyland said in a. . .Africa Lubricants Market worth 4,871.0 KT by 2019
Posted on :Wednesday , 26th November 2014
The report " Africa Lubricants Market by Type (Mineral Oil, Synthetic Oil, Bio-based Oil, and Greases), by Application (Passenger Vehicles, Commercial Vehicles, Aviation and Marine and Industrial Machinery and Equipment) - Global Trends & Forecasts to 2019", defines and segments the Africa lubricants market with anal. . .
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