Afreximbank, AAAM renew MoU to boost local automotive manufacturing
Ms Biene, President of AAAM, said ” Afreximbank has been a phenomenal partner in our quest to drive growth and industrialisation of the automotive industry on the continent.
Africa automotive industry
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Morocco Is the New Automotive Manufacturing Powerhouse
• Morocco automotive industry/ Morocco world news “In 2023, Moroccan factories produced approximately 470,000 vehicles destined for Europe — surpassing China’s export volume to the continent, according to a Team France Export report. Europe represents Morocco’s primary market, with 80% of new vehicle exports crossing the Mediterranean.” Ouarzazate — French newspaper “Le Dauphiné libéré” has…
Here are Top 6 Automobile Manufacturers in Africa
▪︎Innocent Chukwuma, Chairman of Innoson Vehicles Manufacturing Limited, Nigeria (BusinessDay.ng)Here are some of the auto companies in Africa that are bridging the capacity gap in the continent: 1.Innoson Motors Innoson Vehicle Manufacturing Co. Ltd (IVM) is owned by Innocent Chukwuma, a Nigerian entrepreneur. It was established in 1987 as a motorcycle manufacturing company but has…