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Kenya-based Simba Corporation has announced a Sh1 billion ($7.7 million) investment to establish a dedicated electric vehicle (EV) assembly line at its Mombasa facility through its subsidiary, Associated Vehicle Assemblers (AVA). The move reflects the company's long-term commitment to expanding local EV production while supporting Kenya's ambition to become a regional hub for electric mobility.


Simba Corp Invests $7.7 Million in Kenya EV Assembly Line to Expand Local Production.

Posted on :02 Jul,2026

Kenya-based Simba Corporation has announced a Sh1 billion ($7.7 million) investment to establish a dedicated electric vehicle (EV) assembly line at its Mombasa facility through its subsidiary, Associated Vehicle Assemblers (AVA). The move reflects the company's long-term commitment to expanding local EV production while supporting Kenya's ambition  Read More..


Tanzania’s Vehicle Imports Surge to Sh352 Billion in Q1 2026 as Demand for Fuel-Efficient Cars Grows.

Posted on :04 Jun,2026

Tanzania recorded a significant increase in vehicle imports during the first quarter of 2026, reflecting rising demand for private transportation and fuel-efficient vehicles amid increasing fuel prices and anticipated tax adjustments.   According to the Bank of Tanzania’s (BoT) Statistical Bulletin for the quarter ending March 2026,  Read More..

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