German auto giant VW announces multi-pronged entry into Ethiopia - News Summed Up

German auto giant VW announces multi-pronged entry into Ethiopia


Volkswagen brand continues its engagement in emerging countries in Sub-Saharan Africa. Over the last ten years, the GDP growth rate in Ethiopia was above 8 percent – one of the highest worldwide. In Ghana, Volkswagen will establish a vehicle assembly facility and conduct a feasibility study for an integrated mobility solutions concept. In Africa, Volkswagen also has vehicle assembly operations in Algeria, Kenya and Rwanda. The Sub-Saharan Africa region plays an increasingly important role.


Source: Ethiopian News January 28, 2019 16:08 UTC



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