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GWM signs MoU with Senegalese firm

MoU with local firm for an assembly plant

Dani Cole September 12 2024

Senegalese President Bassirou Diomaye Faye (second to the left) meets GWM representatives

The China-Africa Cooperation Forum Summit, which was recently held in Beijing, has announced that Chinese automaker GWM has signed a Memorandum of Understanding (MoU) with Senegalese distributor CCBM to build a KD factory in Senegal.

Senegalese President Bassirou Diomaye Faye and Minister of Transport Serigne Gueye Diop met with representatives from GWM to discuss Senegal’s national automotive industry development strategy.

The MoU lays the foundation for GWM’s localisation strategy in the country, with the move supported by President Faye.

The China-Africa Cooperation Forum, founded in 2000, is based on equality and mutual benefit between China and African countries.

The 2024 Forum Summit, themed “Working Together to Advance Modernisation and Build a High-level China-Africa Community of Shared Future,” aims to strengthen friendships, discuss cooperation, and explore future opportunities.

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