Africa is keeping investors on their toes with forecasts far from being true to their word. The inherent volatility and instability of African markets
Ryan Bax 1 Dec 2016
Nigeria and South Africa rely heavily on imported raw materials for automotive lubricants. However, the volatility of oil prices and the devaluating currencies
As a result of partnerships entered into between Uber Nigeria and First Bank of Nigeria Limited, Uber Nigeria is making low-interest, used-vehicle loans available to its top-rated driver-partners
The explosion of motorcycles in Africa is projected to escalate to new levels as two-wheelers become the main means of transport for the majority of the continent's population
Njiraini Muchira 27 Sep 2016
Mike Whitfield, the president of Naamsa and managing director of the Nissan Group of Africa, painted an encouraging picture of the future
The development and promotion of a cohesive automotive strategy for the African continent is gaining new impetus due to the strategic vision
BMW SA will have ready-made export markets for its forthcoming, home-made X3 sports utility vehicle (SUV) if it can develop a "structured" approach
David Furlonger 6 Jul 2016
Globe Motors Nigeria, says it has concluded plans to roll out its $150m auto assembly plant
Abdullateef Aliyu 14 Jun 2016
We know that efficient public transport remains a bugbear in many Africa countries
Lauren Hartzenberg 27 May 2016
Uber wants to add more than 15,000 new job opportunities for partner-drivers in SA over the next two years as well as lift sharing and other new services
Hilary Joffe 17 May 2016
With the correct policies, Nigeria, Kenya and Ethiopia all have the potential to challenge SA's dominance of vehicle manufacturing in sub-Saharan Africa, a report by business consultancy Deloitte shows
David Furlonger 22 Apr 2016
Ford is investing an additional $4.5 billion in electrified vehicle solutions by 2020 as well as changing how the company develops vehicle experiences for customers.
Theodore Opara 4 Jan 2016
WesBank, the provider of secured finance to the retail and corporate markets, and the National Automotive Council (NAC) of Nigeria have signed a memorandum of understanding whereby WesBank will offer its services to clients. The agreement aims to stimulate the sale of locally assembled vehicles in Nigeria.
South Africa's largest minibus financier, SA Taxi, is looking for opportunities to expand its minibus lending business into other African countries and could direct R100m to its domestic finance project.
Sanlam says it has R3bn in discretionary capital that is earmarked for growth opportunities mainly in Africa and South-East Asia.
Phakamisa Ndzamela 6 Jun 2014
As Ford's only manufacturing operation in the Middle East and Africa‚ Ford Southern Africa is in pole position to benefit from the group's decision to intensify marketing and production in sub-Saharan Africa‚ says Stephen Odell‚ president of Ford's European‚ Middle East and African operations.
David Furlonger 11 Apr 2014