The explosion of motorcycles in Africa is projected to escalate to new levels as two-wheelers become the main means of transport for the majority of the continent's population. A new report by US-based consultancy firm TechSci Research shows that motorcycle manufacturers and assemblers are seeking to increase their presence on the continent, where the business is projected to more than double from $4 billion to $9 billion over the next five years.
Njiraini Muchira 1 day ago
WASHINGTON D.C., USA - Jay Ireland, President and CEO of GE Africa, was named as chair of the second President's Advisory Council on Doing Business in Africa (PAC-DBIA) by US Secretary of Commerce, Penny Pritzker.
1 day ago
Berlin, Germany: Is it a plane, is it a train? No, say supporters of Hyperloop, a futuristic mode of transport floated by Silicon Valley billionaire Elon Musk that promises high-tech, high-speed and cheap travel over long distances. It may sound like the stuff of science fiction, but developers insist their dream of passengers seated in pods shooting through a tube above the ground will become a reality by 2020 -- and change travel as we know it.
2 days ago
ForwardKeys' analysis of international air travel to East Africa this year (January to August), revealed a strong growth of 11.2% compared with the same period last year. With the growth of Africa as a whole at 5.6% and countries like Algeria, Egypt, Morocco and Tunisia seeing little growth or even a decline, this is an exceptional performance.
22 Sep 2016