Uganda backs electric vehicle project it says can lead Africa | Fin24
 
  • Last minute

    Theresa May has planned a last minute Brussels dash to save the Brexit summit.

  • Waiting to let go

    PIC boss Dan Matjila has offered to step down, but only in April 2019.

  • Eskom capacity

    Eskom faces structural problems - its ability to supply power is at its lowest in years.

Loading...

Uganda backs electric vehicle project it says can lead Africa

Apr 12 2018 11:37
Fred Ojambo, Bloomberg

Kampala - Uganda’s cabinet has approved a plan to commercially produce electric vehicles its company has been designing, a project it describes as putting it at the forefront of African innovation in the industry.

The Kiira Electronic Vehicle Project seeks to spark investment by businesses in the manufacture of vehicle parts, increase demand for natural resources and create more than 2 000 direct jobs, a statement said.

Uganda, East Africa’s third-biggest economy, is pursuing the project through Kiira Motors, a partnership between the government and Makerere University in the capital, Kampala.

The company designed Africa’s first electric car in 2011, its first hybrid car in 2014 and a solar bus in 2016, according to its website.

* Sign up to Fin24's top news in your inbox: SUBSCRIBE TO FIN24 NEWSLETTER

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest. 24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

uganda  |  africa economy  |  ict  |  electric cars
NEXT ON FIN24X

 
 
 
 

Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Why do you think Tom Moyane want to cross-examine Pravin Gordhan at State Capture Inquiry?

Previous results · Suggest a vote

Loading...