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Tags archive: Automotive Industry

Home /Tag: Automotive Industry
Aviation, Transport & Logistics

Japanese Yazaki and Sumitomo to build four plants in Morocco, creating 8300 jobs

January 13, 2021 0

MOROCCO - Japanese Corporations Yazaki, which makes car components, and Sumitomo Electric Industries are planning to build four plants in Morocco for a US$103 million…

Govt. & Development Organisations

Accident cars no longer allowed in Ghana as from October this year

August 7, 2020 0

GHANA – The parliament of Ghana has finally passed the automotive bill prohibiting the importation of any vehicle that has a history of accident into…

LATEST NEWS

Ghana’s President Akufo-Addo unveils first locally assembled Volkswagen car

August 5, 2020 0

GHANA – Ghana’s President H.E. Nana Addo Dankwa Akufo-Addo has presided over the launching ceremony of the locally assembled Volkswagen car which was held in…

LATEST NEWS

Nigeria’s automotive industry achieves a new feat as locally made Kia, DFM cars get launched

March 15, 2020 0

NIGERIA - Dana Motors has launched locally assembled all new Kia and DFM 2020 car models at at the Abuja auto parade organised by the…

LATEST NEWS

Nigeria’s automotive industry attracts US$1bn investments, creates 50,000 jobs

March 10, 2020 0

NIGERIA – Nigeria’s automotive sector has attracted investments worth US$1bn since the commencement of the National Automotive Industry Development Plan in 2013. This was confirmed…

LATEST NEWS

Chinese vehicle manufacturer Sinotruk commences operations in Ghana assembly plants

March 5, 2020 0

GHANA - Chinese vehicle manufacturing company Sinotruk, has begun assembling its plants under the Automotive Development Policy by government. According to Ghana’s Information Minister, Kojo…

Investments, Financials & Economy

Varroc Morocco secures US$16m from EBRD to expand operations

February 26, 2020 0

MOROCCO – The European Bank for Reconstruction and Development (EBRD) has granted €15 million (about US$16.33 million) loan to Varroc Lighting Systems Morocco. This funding…

LATEST NEWS

GM restructures international operations to cut costs, shuts Australia, NZ operations

February 18, 2020 0

UNITED STATES - American multinational corporation, General Motors Company has said it would wind down its Australian and New Zealand operations and sell a Thai…

Aviation, Transport & Logistics

Government to ban importation of accident and overaged vehicles into Ghana

February 12, 2020 0

Ghana - Government has initiated processes to pass the Customs Amendments Bill into law to regulate the importation of vehicles into Ghana. Mr Osei Kyei-Mensah-Bonsu,…

DealStreet Africa

ENGIE awarded contract to set up solar power plant at Nexans Maroc’s automotive manufacturing plant

February 7, 2020 0

MOROCCO – Nexans Maroc, a leader in aeronautical wiring, has signed a contract with ENGIE Services Maroc for the construction of a photovoltaic solar power…

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