Tag: Egypt auto industry

Mobica plans $20 million Egypt auto investment as local rules reshape supply chains
BusinessTechnology

Mobica targets $20 million investment as Egypt’s auto manufacturing expands

Egypt’s effort to build a stronger domestic auto industry is moving beyond policy statements as new private investment begins to flow into local supply chains. The government has been working to reduce reliance on imported vehicle parts while encouraging manufacturers to produce more components inside the country.  The shift is becoming more visible as companies start to adjust their long-term…

Oluwatosin Alao Oluwatosin Alao
Egypt, Nissan discuss expanding car production and boosting exports across Africa and local supply chains
BusinessTechnology

Egypt, Nissan discuss scaling production for Africa markets

Egypt is intensifying efforts to position itself as a regional automotive manufacturing hub, holding fresh talks with Nissan Motor Corporation on expanding local production and boosting vehicle exports to Africa. The discussions reflect a wider plan to strengthen domestic industry and create more jobs.  Officials say the government is working to reduce reliance on imports while encouraging global manufacturers to…

Oluwatosin Alao Oluwatosin Alao