According to Reports Reaching Oyogist.com, lead Japanese automotive company, Nissan has said it will set up a new regional business unit for Africa.
With this move, the company seeks to boost its manufacturing capacity and further emerge as one of the world’s biggest car markets.
Nissan said in a statement on Wednesday that, “Beyond internal operating enhancements, this also positions Nissan to focus on the massive opportunity that Africa presents to the organization globally.”
Meanwhile Carmakers worldwide would definitely take advantage of the African Continental Free Trade Area which would reduce tariffs and ease the flow of goods between its member states.
