Uganda backs electric vehicle project it says can lead Africa | Fin24
 
  • Budget Blowback

    Can Cyril Ramaphosa take the heat when the toyi-toyi starts? asks Ferial Haffajee.

  • Support Package

    Eskom will get R69bn in support over 3 years with strict conditions, the finance minister has said.

  • Fin24’s newsletter

    Sign up to receive Fin24's top news in your inbox every morning.

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

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

Do you think government can solve the Eskom crisis?

Previous results · Suggest a vote

Loading...