African Business News

How Indian vehicle manufacturers are winning in Africa

While it is still relatively small, Africa’s automotive market is growing, supported by rising incomes, improving urban infrastructure and the ability of Asian manufacturers to supply cost-effective vehicles, says a recent Standard Bank report authored by its analysts Simon

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Blade Manufacturer LM Wind Power To Expand Into South Africa

Wind turbine blade maker LM Wind Power has announced intentions to expand its manufacturing base to the African continent.

In 2011, LM Wind Power signed a cooperation agreement with Industrial Development Corp. to jointly work to establish local manufacturing of blades

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Bajaj Auto sixth among top-10 motorbike sellers in Africa

India's motorbike manufacturer Bajaj Auto has been ranked sixth out of the ten top motorbike sellers in Africa, the company has said.

The company sold more than 600,000 units across Africa last year, creating a lot of appeal with its brand "Boxer", a statement here by the

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UBA To Invest $2 Billion In Africa's Power Projects

CEO of United Bank for Africa (UBA), Phillips Oduoza, has revealed that the bank plans to invest an additional $2 billion into power projects across the continent over the next three years, aside the $700 million it has invested in Nigeria's power sector this year.

We have been

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Latest African news, articles, business information and special reports from across the African continent.