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Used cars, certified aftermarket parts seen as opportunities in Ghana

Tuesday, March 7, 2017 - 09:00
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Popular new nameplates are the Toyota Corolla, Toyota Camry, Toyota Hilux, Toyota Land Cruiser, Mitsubishi L200, Nissan Navara and the Hyundai Sonata. In addition, India’s Mahindra manufactures vehicles in Ghana for the domestic market along with export sales.

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Ghana’s solo truly domestic automaker is Kantanka, which began production in November 2015. Currently the line of both electric and internal combustion models is mostly destined for governmental use.

“They are still trying to enter the market to produce more for the general public,” says Sackey, adding that “there are people that can afford new cars, but the majority go in for second-hand vehicles due to affordability.”

Established by noted religious leader Apostle Dr. Kwadwo Safo, Kantanka’s goal is to “ensure that Ghana, Africa and the world-at-large have access to our indigenous brand of vehicles made with extreme caution and attention to detail,” says company executive Kwadwo Safo Jr., speaking to the Joy News radio network when inaugurating production.

Kantanka “is commencing the next step in its quest to achieve our vision, which is to see Ghana and Africa participating in the global automotive industry as a manufacturer rather than consumer and after-sales service provider,” he added.

Ghanaian drivers are attracted to electric vehicles, however they are mainly restricted to light duty urban errands. A current lack of current is another issue, one that has an impact on the entire nation’s economy. With a population of 27.7 million, 7.3 million of Ghana’s citizens – fully half of all its rural residents – live without any electricity, a problem that the government is trying to remedy despite limited economic resources that curtail inroads into infrastructural improvements.

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