Rwanda’s commercial airline RwandAir has been granted an additional US$160mn facility from the Preferential Trade Area Bank (PTA) for the purchase of new aircraft
Logistics
Volvo Trucks’ five new features for enhanced productivity
Volvo Trucks has launched new features in their trucks, including the Volvo Dynamic Steering for dual front axles as well as increased front axle loads, for better mobility during construction-related activities
Honda Motor Company begins making cars in Nigeria
Japan’s Honda Motor Company has begun manufacturing cars in Nigeria, said the new chief executive Takachiro Hachigo
Mahindra launches Genio Plus in South Africa
Mahindra South Africa has introduced a new version of its popular Genio single-cab pick-up, the Genio Plus
Increased FDI prompts DHL’s investment in Africa
DHL has planned investments to the tune of millions of dollars in various parts of Africa to tap the opportunities arising with increased FDI and macroeconomic growth in the continent