Having secured $50 million in funding thanks to the Pan-African Investment Company, Mobius can finally put the latest evolution of its low-cost SUV into production. Things have changed some in the two ...
NAIROBI, Aug 15 (Reuters) - Kenya's Mobius Motors, which makes low-priced SUVs designed for Africa's sometimes poor quality roads, has accepted a takeover bid from an unidentified buyer, it said on ...
NAIROBI, Aug 6 (Reuters) - Kenya's Mobius Motors, which started making rugged, low-priced SUVs designed for Africa's roads a decade ago, has decided to stop operating due to financial challenges, a ...
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