African Business News

VW Brings Car Assembly Back to Nigeria to Tap Growth in Africa

Volkswagen AG resumed building vehicles in Nigeria for the first time in 25 years in a bid to foster sales growth in Africa.

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Nigeria: CFAO Launches All New Mitsubishi L200 Pickup

CFAO Motors Nigeria Limited, leading distributor of Mitsubishi brand in Nigeria, has launched the all-new Mitsubishi L200 one-ton pickup truck into Nigeria market. The unveiling of the all new L200 pickup took place at theAbuja Sheraton Hotel, last Tuesday.

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Africa’s first high speed train delivered

The first of 12 Alstom Duplex high speed trainsets for national railway ONCF was unloaded at the Port of Tanger on June 29. It had been shipped from the Port of La Pallice near La Rochelle in France onboardVille de Bordeaux, a roll-on roll-off vessel custom-built to carry Airbus A380 aircraft sections.

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Auto maker Mahindra aims for double-digit Africa growth, plans Kenya hub

India's largest utility and tractor producer, Mahindra and Mahindra, has set up an Africa-focused business unit as it looks to maintain double-digit growth levels in the continent, the company said on Tuesday.

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