In the presence of Frank-Walter Steinmeier, President of the Federal Republic of Germany, a Memorandum of Understanding (MoU) was signed by Thomas Schaefer, Head of the Volkswagen Sub-Saharan Africa Region, and the Commissioner of the Ethiopian Investment Commission (EIC), Abebe Abebayehu, today, January 28, 2019.

In Ethiopia, Volkswagen will focus on four key pillars: the establishment of a vehicle assembly facility, localization of automotive components, introduction of mobility concepts such as app-based car sharing and ride hailing as well as the opening of a training center.

The development has furthered the Volkswagen footprint in sub Saharan Africa, as Nigeria, Ghana and South Africa have already signed an MoU with the brand.

Meanwhile, Volkswagen also has vehicle assembly operations in Algeria, Kenya and Rwanda.