The Automotive opportunities presented by the African Continental Free Trade Area (AfCFTA)

On 17 June, the African Association of Automotive Manufacturers (AAAM) and the African Continental Free Trade Area (AfCFTA) Secretariat are hosting a webinar to explore how the AfCFTA is helping to shape the automotive policies for Africa which, in turn, drives industrialisation. Also to be discussed during the free virtual event is why the Rules of Origin are key in driving investment and confidence in Africa. “We believe that all automotive industry role players, including policy advisors, business leaders and […]

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Hamburg’s German African Energy Forum to jumpstart Africa’s Economic Transformation

The 14th German African Energy Forum is set to provide key market insights, trends and opportunities over the next decade The African energy sector continues to solidify partnerships with German investors and technology with the aim of leading energy businesses from Germany, Europe and across the African continent. From upstream to downstream, Africa’s energy sector must accelerate its transition to net-zero, continue to adopt new technologies and start to embrace digitization and decentralization over the next decade. The 14th German […]

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One month until Extreme E’s Ocean X Prix in Senegal

Today marks one month until Extreme E’s second event – the Ocean X Prix – which will take place at Lac Rose in Dakar, Senegal on 29-30 May. Extreme E marks the return of off-road racing to one of its original roots, famous for the gruelling Paris-Dakar Rally which debuted in 1978 but which hasn’t finished in the Senegalese capital since 2007. Alejandro Agag, CEO and Founder of Extreme E, said: “So here we are, just one month until our […]

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AAAM hosts Vehicle Component Suppliers in Ghana

The African Association of Automotive Manufacturers (AAAM) hosted an exploratory visit by automotive component manufacturers to Ghana in the first week of March. The objective was to introduce potential investors to the Ghanaian automotive market. The initial visit was focused on aftermarket opportunities, which in time will also support OE assembly as the volumes grow, as currently almost all components are imported. Executives from Maxe (a division of KAP Automotive), Supreme Springs (a division of Metair) and Hudson Rubber were […]

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AAAM and the German Cooperation partner to develop an Ethiopian Automotive Industry Development Policy and a Center of Excellence Pilot Programme

The African Association of Automotive Manufacturers (AAAM) has been appointed by the Special Initiative on Training and Job Creation to develop an Automotive policy for the Ethiopian government that will encourage global Original Equipment Manufacturers (OEMs) and component manufacturers to invest in Ethiopia. In addition, an automotive training programme for existing assemblers and workshop owners will be developed and piloted along with the development of a foundational concept note for the creation of a Centre of Excellence to train local […]

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PURE ETCR secures African broadcast deal with StarTimes Group

Coverage of all PURE ETCR events across 2021 season Broadcast deal brings all-electric motorsport to fans in Africa Ground-breaking new series to begin in June PURE ETCR, the world’s first all-electric, multi-brand touring car championship will be broadcast into more than 13 million homes across Africa in 2021 thanks to a major new agreement with StarTimes Group. StarTimes Group is the leading digital television operator in Africa, serving the continent’s population with subsidiaries in 37 countries. With 13 million subscribers […]

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AAAM and Afreximbank sign an MoU to drive Automotive Investment in Africa

The African Export-Import Bank (Afreximbank) and the African Association of Automotive Manufacturers (AAAM) have entered into a Memorandum of Understanding (MoU) for the financing and promotion of the automotive industry in Africa. Prof. Benedict Oramah, President of Afreximbank and Mike Whitfield, President of AAAM and Managing Director of Nissan Africa, signed the MoU in early February, formalizing the basis for a partnership aimed at boosting regional automotive value chains and financing for the automotive industry while supporting the development of […]

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