AAAM/VDA Lead a Study tour to Morocco

Due to many factors including its proximity to Europe, highly skilled human capital, political stability, and free trade agreements with the USA, EU, and other countries, the Kingdom of Morocco has attracted many global automotive players over the last few years. For the year 2021, estimated passenger vehicle production was reported at 403,007 vehicles with some 175, 360 units sold locally whilst 358, 745 were exported. Renault and Stellantis are the main OEMs with CKD manufacturing facilities in the country, […]

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Rethinking the Foundations of Export Diversification in Africa

Soaring food and energy prices are hitting African countries especially hard as they struggle with the impact of the COVID-19 pandemic, climate change and the war in Ukraine. To cope with current crises and insulate itself against future shocks, Africa must diversify its economies. The continent of 1.4 billion people is among the least diversified regions in the world with regard to exports. Download the full report Download the executive summary Commodities account for more than 60% of total merchandise […]

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EU-African trade gets new opportunities

The Ukraine war will also lead to a reorganisation of supply chains in the mechanical and plant engineering sector, strengthening closer economic ties between Europe and Africa. VDMA, Europes’s most important Mechanical Engineering Industry Association has established training centres in Botswana, Nigeria and Kenya, where prospective skilled workers are trained on modern machinery and equipment as part of the initiative “Skilled Workers For Africa”. “After the Ukraine war, many companies from the mechanical and plant engineering sector will try to […]

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Focus will be on local businesses, products and services at upcoming Automechanika Johannesburg

Wide-ranging participation by large numbers of overseas exhibitors from a host of countries has been a feature of Automechanika Johannesburg since the first of these trade shows for the automotive aftermarket was staged at Expo Centre, Nasrec, in 2009. This all changes in favour of local exhibitors at Automechanika Johannesburg 2022, which takes place at the same venue from June 7-10. “Although the only international exhibitors currently signed up to come to Automechanika Johannesburg this year are from Germany, the […]

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WHO Director-General’s opening remarks at announcement “spokes” of mRNA technology transfer hub

Your Excellency President Macron,Excellency President Macky Sall,Excellency President Abdel Fattah Al-Sisi,Excellency President Kenyatta,Excellency President Buhari,Excellency President Saied,Excellency President Michel,Excellency President von der Leyen,Excellencies, dear colleagues, and friends,Good morning, bonjour, it’s an honour to be here with you. It’s incredible to think that just over two years since COVID-19 began spreading, there are now multiple safe and effective vaccines against it, and more than 10 billion doses have been administered globally. The tragedy, of course, is that billions of people are […]

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Historic Memorandum of Understanding signed between 12 Private Sector Automotive Associations in Africa and Europe to develop the Automotive industry in Africa

A memorandum of understanding was signed virtually between 12 Automotive Associations within the ambit of the EU – Africa Business Forum 2022 on 16 February with the aim of driving the development of the Automotive Industry in Africa. The Automotive sector whilst key for the industrialisation of Africa is often associated with several challenges including, persistent market fragmentation, lack of regulatory alignment between African countries and the two continents, industrial and trade policies not conducive to local and foreign investment, […]

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BioNTech introduces first modular mRNA manufacturing facility to promote scalable vaccine production in Africa

Developing turnkey solution to enable mRNA-based vaccine production in modular and scalable sites installed by BioNTech Presidents of Ghana, Rwanda, Senegal, the Director-General of the World Health Organization, the Director of the Africa CDC and the Federal Minister of Economic Cooperation and Development of Germany met in Marburg to jointly discuss the infrastructure, regulatory and technological requirements to establish end-to-end manufacturing network for mRNA-based vaccines in Africa First manufacturing facility to become a node in a decentralized and robust African […]

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VDMA: Strengthen relations with Africa!

V Commenting on the sixth Summit between the EU and the African Union on 17 and 18 February 2022, Ulrich Ackermann, Head of the Foreign Trade Department at VDMA, says: “It is important that this Summit lays the foundation for a deeper and comprehensive partnership between the EU and the African Union, especially in the areas of trade, infrastructure and climate change. Africa is our neighbouring continent with more than 1.3 billion people, making it an important partner region. It […]

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