Market News

M-KOPA has announced that it has financed more than 10,000 electric motorcycles in Kenya and is now extending its pay-as-you-go financing model to electric tuk-tuks. According to the company, customer data indicates that electric motorcycle riders save an average of Ksh530 per day compared with thos . . .

Association Vehicle Assemblers Limited (AVA) is set to begin assembling the ninth-generation Toyota Hilux in Kenya following the successful completion of a quality confirmation meeting. The introduction of the new Hilux pickup was announced by AVA, marking a significant development for Kenya’s veh . . .

Tanzania is increasingly exploring alternative energy solutions as it seeks to reduce its dependence on imported fossil fuels. Among the options gaining attention is electric mobility, which has the potential to support a gradual transition away from conventional petroleum-powered transportation.&nb . . .

Chinese automakers are strengthening their footprint in Tanzania as higher taxes on older imported vehicles begin reshaping one of East Africa's fastest-growing automotive markets. For many years, Tanzania's vehicle market has been dominated by used cars imported from Japan, thanks to their aff . . .

A Chinese-made electric reach stacker was officially handed over in Dar es Salaam on Monday, marking its first entry into the Tanzanian market and the operational launch of this new-energy logistics equipment in the country. The equipment has been purchased by Azam Inland Container Depot, a sub . . .