SBI Motor Japan has officially established its first office in Dar es Salaam, Tanzania and started taking applications for new partnerships in the East African region
Logistics
Autonomous vehicle to be a US$50bn opportunity by 2040, says Lux Research
According to a report, the AV market for personally owned vehicles is significantly larger, leading to a greater opportunity for Level 4 vehicles. (Image source: Adobe Stock)
Autonomous vehicle market is expected to be a US$50bn opportunity by 2040, and all vehicles will have Level 2 autonomy by 2039, according to Lux Research’s report: Autonomous Vehicle Market Forecast: Demystifying the $50 Billion Opportunity
NCBA Bank Kenya funds Tata vehicles throughout Kenya

Lennox Mugambi, Ag. group director of asset finance and business solutions at NCBA Bank and Kamal Rohira, auto business head at Tata Africa Holdings. (Image Source: NCBA Bank)
NCBA Bank Kenya PLC has signed a partnership deal with Tata Africa Holdings to allow customers to acquire a range of commercial Tata vehicles with up to 95% financing for up to 60 months
JCB appoints new dealer in South African market

Bell Equipment Sales South Africa (BESSA) will become the distributor for the full range of JCB construction equipment from 1 May 2021. (Image source: JCB)
JCB has appointed Bell Equipment Sales South Africa (BESSA) to be its distributor in the key South African market for the full range of JCB construction equipment from 1 May 2021
Bell expands collaboration in autonomous control project
Bell Equipment, the global Articulated Dump Trucks (ADT) specialist, has expanded in the fields of autonomous vehicle operation where the company is set to enable interoperability between different control systems and the trucks it produces