We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

The dream is clear: develop a pan-African motor industry to service a new-vehicle market that will grow by 400% over the next 15 years. Multinational vehicle and components companies say they are prepared to invest billions of dollars to promote regional manufacturing hubs to service the world’s last great untapped continental market.

But there’s a hitch. Many African countries, including some of the most populous, lack credible banking systems that allow any but the wealthiest to finance the purchase of high-value goods. ..

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.

Commenting is subject to our house rules.