With Namibia having implemented its largest-ever fuel increase and the domestic fuel prices gradually edging towards the unimaginable N$20 per litre mark, many consumers are considering alternate fuel sources such as electric vehicles.
A memorandum of understanding (MoU) was signed virtually yesterday between 12 Automotive Associations within the ambit of the EU–Africa Business Forum 2022 with the aim of driving the development of the automotive industry in Africa.