Connect with us

Business

Mauritius 2nd most attractive auto market in Sub-saharan Africa, says report

Published

on

Mauritius is the second most attractive market for automobile sales in Sub-Saharan Africa (SSA), the updated Autos Sales Risk/Reward Index by Fitch Solutions, research arm of ratings agency, Fitch has revealed.

The island scored 48.9%, but was enough to make it the most attractive automobile market in East Africa.

According to the report, the Sub-Saharan Africa region continues to underperform the global average amid significant risks still present in the area.

Also, the county’s levels of vehicle ownership rates signal further room for vehicle sales growth going forward.

COUNTRYRR1
South Africa50.9                                  1st
Mauritius48.9                                  2nd
Botswana43.4                                  3rd
Kenya33.3                                  4th
Ghana32.3                                  5th
Tanzania31.5                                  6th
Nigeria31.0                                   7th
Namibia29.3                                  8th
Mozambique28.5                                  9th
Gabon28.5                                  10th

Bookmark(0)

No account yet? Register

Spread the News
The information and opinions expressed in our published works are those of authors/sources believed to be reliable. NewsMoris makes no representations as to accuracy, completeness, suitability, or validity of any information expressed.
Click to comment

Leave a Reply

Your email address will not be published.

The information and opinions expressed in our published works are those of authors/sources believed to be reliable. NewsMoris makes no representations as to accuracy, completeness, suitability, or validity of any information expressed.

Can you support?

Dear Reader,

NewsMoris is a media service that is dependent on support from its readers in the form of subscriptions.

As a startup that was born in and faring through challenging times like these, we need your support now more than ever.

Subscribing for as little as USD10/month is the best way you can support our efforts.

Thank you.