Source: Green Energy Africa Summit |

Zimi Charge to Present its Mobile Charging Stations at Green Energy Africa Summit 2022

Energy Investment Village gives real opportunities to start-ups

The Green Energy Africa Summit (GEAS) (https://GreenEnergyAfricaSummit.com) will give start-up companies an opportunity to connect with industry leaders and government officials through its Energy Investment Village, which features a selection of the most compelling local clean-tech projects. The companies will have the chance to pitch to energy leaders holding potential investments worth…

Dongfeng Motor Corporation
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    • NEVER BACK DOWN: Luxury Off-Road Brand M- Terrain Officially Released
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Source: Dongfeng Motor Corporation |

NEVER BACK DOWN: Luxury Off-Road Brand M- Terrain Officially Released

M- Terrain will build a luxury electric off-road benchmark and create an oriental off-road culture based on this architecture

Dongfeng Motor Corporation (hereinafter referred to as Dongfeng Motor) (http://www.DongFeng-global.com/) officially released the M- Terrain in Wuhan, and released the brand's exclusive "M" logo system and the brand proposition of NEVER BACK DOWN. M- Terrain intelligent off-road architecture M TECH is the world premiere, leading the trend of luxury electric…

Verdant Capital
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    • Verdant Capital’s investment will help provide thousands of motorbike taxi (boda boda) drivers in Uganda with greater economic empowerment and asset ownership opportunities
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Source: Verdant Capital |

Verdant Capital Hybrid Fund Completes its first investment, in Watu Credit Uganda Limited

The investment of USD 7 million will help Watu expand its footprint of two-wheeler financing throughout the country

Verdant Capital (www.Verdant-Cap.com) is pleased to announce that its Verdant Capital Hybrid Fund (the “Fund”) has made its first investment, in Watu Credit Uganda Limited (“Watu”). The investment of USD 7 million will help Watu expand its footprint of two-wheeler financing throughout the country. This represents an important milestone for…

Automechanika Dubai
Source: Automechanika Dubai |

New Whitepaper Outlines Growth for Ghana, Ivory Coast Auto Aftermarkets

The paper outlined that while Ghana and Ivory Coast are both smaller markets than the likes of African heavyweights Egypt, Nigeria, and South Africa, they hold enormous potential

‘Enormous potential’ for aftermarket suppliers of two African countries’ as importation of vehicles, spare parts ‘skyrocket’; Report by German consultancy Africon indicates high demand from USA, Europe, or UAE – host of Automechanika Dubai  (www.AutomechanikaDubai.com) 2022 Download document:  https://bit.ly/3AmaO3M A new whitepaper authored by Africon, the German consultancy firm that supports…

Source: Presidency of the Republic of Kenya |

Government to Set up a National Automotive Council, Says President Kenyatta

President Kenyatta reiterated the Government’s commitment to creating an enabling environment for the growth of the country’s automotive industry

President Uhuru Kenyatta today said the Government will set up a national automotive council to facilitate implementation of the National Automotive Policy that is geared towards boosting the local assembling of motor vehicles. Speaking when he launched the locally assembled Euro 4 Mitsubishi L200 pickup at State House, Nairobi, President…

Falken Tyres South Africa
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Source: Falken Tyres South Africa |

Falken Tyres goes the Extra Mile for Drivers to have Peace of Mind on the Road with the new Mileage Warranty

The Japanese brand says its new Mileage Warranty aims to protect drivers against premature tread wear, guaranteeing a specified mileage for tyre use before they wear out

Falken Tyres South Africa (www.FalkenTyreSAfrica.com) has announced the launch of their Mileage Warranty which is available on purchase of the WILDPEAK AT3WA (Original Equipment on the Mercedes G Wagon) and the ZIEX ZE914EC. The FALKEN MILEAGE WARRANTY is issued by Stamford Tyres Africa PTY LTD (www.Stamford.co.za) on Falken branded products…

China Dongfeng Motor Industry Imp. & Exp. Co. Ltd
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    • The first overseas VOYAH Showroom is located in the center of Oslo, Norway, with VOYAH FREE unveiled in Norway as well
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Source: China Dongfeng Motor Industry Imp. & Exp. Co. Ltd |

VOYAH FREE opened in Europe, and VOYAH Showroom kicked off

VOYAH, a high-end new energy brand launched by Dongfeng Motor Group, is committed to the perfect integration of driving performance and intelligent technology

"Performance-grade intelligent electric SUV- VOYAH FREE" opened in Europe when it was selling well in the Chinese market for nearly a year. On June 11th, 2022, VOYAH Showroom, located at Klingenberggt, 7 in the center of Oslo, Norway, opened. Over 100 people, including guests, media and customer representatives, gathered to witness…

Islamic Corporation for the Development of the Private Sector (ICD)
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    • Islamic Corporation for the Development of the Private Sector (ICD) and Partner Provide Financing to Indonesia Multifinance Company for SME Sectors
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Source: Islamic Corporation for the Development of the Private Sector (ICD) |

Islamic Corporation for the Development of the Private Sector (ICD) and Partner Provide Financing to Indonesia Multifinance Company for SME Sectors

The financing raised via Murabaha financing structure, shall meet MFIN’s funding requirements for the financing of new two-wheeled motor vehicles

The Islamic Corporation for the Development of the Private Sector (“ICD”) (www.ICD-ps.org), the private sector arm of the Islamic Development Bank (“IsDB”) Group, signed a Shari’ah compliant Line of Financing agreement with PT Mandala Multifinance Tbk (“MFIN”) for an amount of USD 30 million (total facility of up to USD…

Source: United Nations Educational, Scientific and Cultural Organization (UNESCO) |

UNESCO Approves Establishment of International Centre of Excellence in Engineering Innovation, Manufacturing and Technology Transfer in Ghana under its auspices

The centre will now extend its role by providing cutting-edge engineering services not only within Ghana but across the entire subregion

On 22 November, UNESCO’s 193 Member States approved the establishment of a Centre of Excellence in Engineering Innovation, Manufacturing and Technology Transfer in Ghana, during UNESCO’s 41st General Conference in Paris, France. The centre’s name reflects both its new international role and its reputation for excellence in training and in…

Source: Embassy of Morocco in South Africa |

Morocco Becomes Africa’s new Automotive Manufacturing Hub

Morocco’s Automotive industry is growing exponentially each year with car sales exceeding 160,000 units in 2021

Morocco is currently Africa’s first passenger car manufacturer. Morocco has surpassed South Africa as the biggest exporter of passenger cars on the continent with $7 billion (MAD 65.1 billion) exports made in the car industry at the end of 2018. Morocco’s Automotive industry is growing exponentially each year with car sales exceeding 160,000 units in…