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Supporting African Car Manufacturers

AFRICANGLOBE - African firms are hoping for a slice of the continent’s largely underdeveloped market for new cars, taking on global car giants like Japan’s Toyota and Germany’s Volkswagen. Africa’s 1 billion inhabitants account for only 1 percent of the world’s new passenger car sales according to industry data. And, South Africans bought over 85 percent of those vehicles.

Mobius Motors: An African Car Company?

AFRICANGLOBE - Africa needs wheels. Mobius Motors, a four-year-old start-up based in Nairobi, Kenya, thinks it has a homegrown solution. It's working on the Mobius Two, a utility vehicle set to go on sale in Kenya for about $11,500. Eventually, the company hopes to sell cars all over Africa.