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HYUNDAI OPENS ASSEMBLY PLANT IN ETHIOPIA

The Hyundai Motor company has opened its first assembly plant in Africa, Ethiopia precisely.

The South Korean Multinational automobile manufacturing company with a production capacity of 10,000 vehicles a year opens in Addis Ababa, the country’s capital. This business move is being co-managed by former Olympian, Haile Gebrselassie, who is also in partnership with the company.

This development amongst many others have served as a source of hope in Africa, we hope it also encourages more multinationals to invest in the continent.