Market News
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Tshwane, capital of South Africa is all set to become a leading automotive investment destination in Africa
Posted on :Friday , 5th April 2019
The Automotive Industry Development Centre (AIDC) has begin the first step of a R50 billion mega-development which will see Rosslyn, north east of Pretoria, become the new automotive manufacturing capital of South Africa, and a leading automotive investment destination in Africa.
South Africa’s capital, City of Tshwane, is set to become the automotive capital of Africa wit. . .U.S AMBITIOUS TO STRENGTHEN THE FOOTHOLD FOR TRADE AND INVESTMENT IN AFRICA
Posted on :Friday , 22nd March 2019
The FDI promotion and Technology Transfer Affairs Directorate General of the MoFA took part in the U.S.-Africa Trade and Investment Forum organised by the Corporate Council on Africa (CCA) and the U.S. Mission to the African Union in Addis Ababa On February 12, 2019.
In order to examine ways to advance private sector-led economic growth in Africa, the event brought . . .EAST AFRICA: BEST INVESTMENT DESTINATION IN 2019
Posted on :Friday , 8th February 2019
Report from Rand Merchant Bank (RMB) has forecasted that Kenya, Rwanda, Ethiopia and Tanzania will be among Africa’s most attractive investment destinations in 2019.
East Africa being a performing region in last few years has recorded more than an average growth in the number of Foreign Direct Investment (FDI).Justifying to the report, Ethio. . .East Africa Vehicle Assembly Planning To Boost Automotive Industry
Posted on :Friday , 4th January 2019
Establishment of the Regional Automotive Industry Platform of East Africa has enhanced East African states to move towards integrated automotive market.
They instinct it will be productive for global automotive manufacturers to invest in the region in both assembly and component manufacture.The new platform (Raipea) aims to help the region save more than $2 billion in car import costs an. . .EAC works to Excel in Low Cost Car Assembly & manufacturing Plants in East Africa
Posted on :Friday , 28th September 2018
The East African Community is paving way for more local assembly points and manufacturing plants of affordable vehicles in the region.
This comes day after an Extra Ordinary Sectoral Council on Trade, Industry, Finance and Investment met last week to have conversations on industrialization matters in the community which has become a major agenda for the EAC Heads of State Summ. . .Please Select an Option
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