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Gulf African Bank inks vehicle financing deal with TransAfrica Motors

Islamic lender Gulf African Bank (GAB) has inked a deal with TransAfrica Motors to finance customers buying Chinese First Automotive Works (FAW) trucks from...

Kenya’s car brand Mobius eyes TZ and Uganda

Kenya’s only home-grown automaker, Mobius Motors, plans to ramp up production of its second generation model with an eye on the regional market including...

Japanese Sumitomo moves production to Morocco due to Russia-Ukraine war

Japanese Sumitomo Electric Industries has decided to move its production of automotive wire harnesses to Morocco and Romania due to the Russian-Ukraine war and...
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