ADVERTISEMENT

Ghana’s domestic car manufacturing company says it has 13k orders from 3 African countries

According to the Chief Executive Officer (CEO) of Kantanka Automobile, Kwadwo Safo Jnr the company has earmarked million for the project.

___8842271___2018___9___12___2___kantanka

Ghanaian owned car manufacturing company, Kantanka Automobile, has said that it has secured 13,000 orders from three African countries to help grow the local industry.

ADVERTISEMENT

According to the Chief Executive Officer (CEO) of Kantanka Automobile, Kwadwo Safo Jnr all the orders they have received are from West African countries. But an article on the company's website failed to mention the specific countries that made the orders.

Kantanka has hence earmarked million for the project.

Mr Safo Jnr said that this is the highest order since the company started production.

ADVERTISEMENT

He said that he was hopeful they will break into other African countries in order to become a known name when it comes to vehicle manufacturing in Africa.

Kantanka Automobile, had its first production models built under its own badge hit the streets in 2016.

The company was founded by Apostle Dr Ing. Kwadwo Safo Kantanka, the Founder and Leader of Kristo Asafo Mission of Ghana.

It was subsequently incorporated as a limited liability company in 2001 with the main objective to research into the manufacturing of automotive components and their combination with other parts outsourced from component suppliers to form a completely built unit.

Kantanka vehicles are assembled in Ghana from CKD (Complete Knock Down) kits supplied by partnered firms, through Chongqing Big Science & Technology.

FOLLOW BUSINESS INSIDER AFRICA

Unblock notifications in browser settings.
ADVERTISEMENT

Recommended articles

The US asserts that it is a better option for Africa than Russia and China

The US asserts that it is a better option for Africa than Russia and China

Malak El Masry speaks on championing entrepreneurship and art in Africa

Malak El Masry speaks on championing entrepreneurship and art in Africa

Junta led Burkina Faso suspends more foreign media over killings coverage

Junta led Burkina Faso suspends more foreign media over killings coverage

10 African countries with the strongest merchant marine fleet

10 African countries with the strongest merchant marine fleet

Who are Africa's biggest Esports teams?

Who are Africa's biggest Esports teams?

Top 10 strongest South African brands in 2024

Top 10 strongest South African brands in 2024

The untapped potential of forex markets

The untapped potential of forex markets

African Hidden Champions Soirée highlights Africa's business leaders with support from AFG, DEG, AfDB, and BII

African Hidden Champions Soirée highlights Africa's business leaders with support from AFG, DEG, AfDB, and BII

DalaPay forecasting new trends in African payment systems for 2024

DalaPay forecasting new trends in African payment systems for 2024

ADVERTISEMENT