Episode description
Welcome to the show, David Coffey, president of the African Association of Automotive Manufacturers (AAAM).
Key tenets of the AAM:
African Automotive Eco-System:
- Work with African governments to unlock economic potential and promote the Automotive sector across the continent. Develop a network of stakeholders committed to achieving the potential of the African Automotive industry.
Regional Plays:
- Growth in key regions with an alignment and understanding of what different countries could do best within the Automotive industry. Initial target markets for assembly: Nigeria, Ghana, Egypt, Kenya, Morocco, Ethiopia, and South Africa; supported by the development of regional value chains for the manufacture and supply of components.
New Automotive Opportunities:
- Cater for relevant and robust Automotive technology and appropriate modernization levels/ growth, while considering country maturity and in-country conditions and resources.
In this episode, you'll discover:
-Progress made in the African economy in recent years...00:45
-What does the future of the automotive industry look like?....02:45
-The pace of development of the auto industry in Africa with the ASFTA...06:10
-Where automotive companies should position themselves in the local ecosphere...10:00
-The significance of the West Africa Auto Show...11:45
-How to get involved with the African automotive industry...14:50
-And much more...