African Business News

MIDDLE EAST AND NORTH AFRICA CAR SALES SET TO REACH 3.37 MILLION IN 2020 BRINGING TOTAL NUMBER OF CARS-IN-USE TO 33.9 MILLION

Car sales in the Middle East and North Africa (MENA) are set to reach 3.37 million units in 2020 new research has revealed, as rapid urbanisation, increased industrialisation, and growing middle class populations drive demand for easier mobility across the region.

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China continues to flex infrastructure muscle in Africa

China Railway Construction Corporation Ltd (CRCC) has signed two construction deals in Africa worth a total of $5.5 billion. These projects will help promote expansion of the country’s presence across the continent while making its firms more competitive globally, and more critically tighten China’s grip on Africa’s infrastructure economy.

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TIRE GROUP INTERNATIONAL, LLC has signed up yet again for AUTOEXPO AFRICA 2015

Tire Group International, LLC is a company which specializes in the trade of tires and tubes on a worldwide basis conducting business in over 70 countries. It is headquartered in Miami, Florida with associate offices in Venezuela, Peru, Ecuador, Brazil, Dominican Republic, Mexico, and 2 offices in China (one Quality Control and the other a Logistics Office).

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Leading Korean car maker, Kia Motors Nigeria, has unveiled a new assembly plant in Nigeria

Leading Korean car maker, Kia Motors Nigeria, has unveiled a new assembly plant in Lagos, Nigeria’s commercial capital, in a bid to strengthen its presence in the local automobile industry. The United Vehicle Assembly Limited (UVAL) plant will produce 25,000 vehicles every year.

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