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A Kenyan Car?
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murchr
#21 Posted : Thursday, May 15, 2014 7:36:47 AM
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Joined: 2/26/2012
Posts: 15,980
The start-up auto firm that promised to build Africa’s cheapest car in Thika has received undisclosed capital from US billionaire Ronald Lauder.
Mr Lauder, whose worth is estimated at $3.8 billion (Sh330 billion) by Forbes magazine, will offer Mobius an undisclosed convertible debt to help it assemble the first 50 units this year and establish a distribution network.

http://www.businessdaily...74/-/ipectk/-/index.html
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Impunity
#22 Posted : Thursday, May 15, 2014 10:11:11 AM
Rank: Elder


Joined: 3/2/2009
Posts: 26,325
Location: Masada
murchr wrote:
The start-up auto firm that promised to build Africa’s cheapest car in Thika has received undisclosed capital from US billionaire Ronald Lauder.
Mr Lauder, whose worth is estimated at $3.8 billion (Sh330 billion) by Forbes magazine, will offer Mobius an undisclosed convertible debt to help it assemble the first 50 units this year and establish a distribution network.

http://www.businessdaily...4/-/ipectk/-/index.html



I hope they will change the shura of that car!
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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OffersAfrica
#23 Posted : Thursday, May 15, 2014 9:39:00 PM
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Joined: 12/23/2013
Posts: 46
That is interesting. Will Kenyans' love for imported cars change after this car hits the market though?
Check OffersAfrica.com and look for promos, offers & Discounts from reputable businesses before you shop and Save Instantly!
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