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Fixit45 Raises $1.9 Million Funding, Moves to Unlock Kenyan, Ugandan Automotive Markets

Fixit45, a prominent player in the autotech aftermarket sector, has achieved a significant milestone by successfully raising $1.9 million in in equity and working capital at recent pre-seed funding round. The investment round was spearheaded by Launch Africa Ventures, Africa’s most active VC firm, along with prominent investors Soumobroto Ganguly ...

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Cleaner Fuels are Key to the future of Sustainable Mobility in Africa

The future of mobility is green and electric, of this  there should be no doubt. As the first automotive manufacturer to commit to the Paris Agreement, Volkswagen Group knows and understands this well. The Group has set ambitious targets and has invested significantly to become a global leader in e-mobility. In Sub-Saharan Africa (SSA), ...

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Stellantis Middle East and Africa Flaunts Strong 2022 Results, Pushes ‘Dare Forward 2030’ Strategic Plan at Full Speed

Stellantis Middle East and Africa (MEA) flaunts its key Full Year 2022 results and showed its progress in implementing the Company’s Dare Forward 2030 ambitious strategic plan for the coming decade, a plan that will drive the Company to leadership in market share, customer experience and energy transition. In September ...

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Tata International Celebrates Six Decades of Operations, Marks 45 Years in Africa

First company to introduce a five-year best-in-class standard warranty on its entire commercial vehicle range in Africa The year 2022 marked a milestone in the journey of Tata International as the company reached 60 years since its inception and 45 years on African soil. Tata International Africa (TIA) has become ...

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AAAM Appoints Bernhard Manson-Kullin as Project Manager for Component Manufacturing

The African Association of Automotive Manufacturers (AAAM) has appointed Bernhard Manson-Kullin as a Project Manager responsible for Component Manufacturing . His appointment takes effect from October 1, 2022. The primary objective of this role, according to AAAM,  is to develop and grow component manufacturing in Africa through the value chain and to ...

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Volkswagen Moves to Bolster Dominance in A0 Segment With New Polo Sedan

The only sedan in the Volkswagen model range, the new Polo Sedan, is now available for sale at Volkswagen dealerships.  The Volkswagen Polo Sedan, which is manufactured in Pune, India, has sold 44 267 units in the local market since its launch in 2011. The new Polo Sedan is set ...

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Tripesa Secures Funding to Digitise Tourism MSMEs, Aid Recovery Post Covid

B2B Travel tech startup, Tripesa,  closes a pre-seed round backed by Eric Osiakwan, Future Africa, Consonance Investment Managers and LTNT Investments to digitise tourism MSMEs in Africa. B2B travel tech startup Tripesa has closed a pre seed round with participation from Eric Osiakwan, Future Africa, Consonance Investment Managers and LTNT ...

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Meet FLORENCE Sempebwa-Makada, Managing Director,  Motorcare – Nissan Uganda

FLORENCE Sempebwa-Makada’s mother was one of 13 children at a time when girls had predetermined futures – that didn’t involve careers or higher education. When Florence and her sister were born, two girls among six brothers, Mrs Sempebwa-Makaba was determined they would have the life she could never have. “My ...

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Winners Emerge in 2022 Pan−African (Re)insurance Journalism Awards

The 7th edition of the awards sees a return to in-person format with a ceremony bursting with ‘firsts’  Continental Reinsurance Plc, Friday night,  announced the winners of the 7th pan-African (re)insurance journalism awards at an in-person event in Lagos, after two years of virtual events, One of the many firsts of the ...

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$10 billion Lake Albert Resources Development Project Launched in Uganda, Tanzania

The Lake Albert Development Project has been launched at a ceremony in Kampala, the  Ugandan capital. Present at the ceremony were the Ugandan President, Yoweri Museveni; Tanzanian Vice President, Philip Mpango; Chairman and CEO of TotalEnergies, Patrick Pouyanné; representatives of the China National Offshore Oil Corporation (CNOOC), the Uganda National ...

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