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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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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Ford Invests $1 Billion (R15.8) to Modernize, Expand South African Manufacturing for All-New Ranger

• New advanced technologies and systems will modernize and grow the Ford Silverton Assembly Plant to support expanded production of the all-new Ranger pickup truck, starting in 2022 • Ford will hire an additional 1,200 team members to support expanded production, bringing its workforce in South Africa to 5,500 employees. The investment also will create an estimated 10,000 new jobs across Ford’s local supplier network • A US$686 million (R10.3 billion) investment in technology, upgrades and new facilities at the […]

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