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SBI Motor opens office in Africa, begins new partnerships

Janet Ogundepo by Janet Ogundepo
March 24, 2021
in Markets & Companies
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BSMO Company Limited and SBI Africa Company Limited have established the SBI Motor Tanzania office in Dar es Salaam, the first official SBI Motor office in Africa.

The group will be working with Afritel Systems Limited, which handles customs clearance and land transportation arrangements in Tanzania.

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SBI Africa, in alliance with BSMO, has been focusing on used car exports as its core business in Africa. Thanks to this partnership, the group has already started selling cars in more than 50 countries worldwide and has achieved rapid growth, since the beginning of the alliance last month.

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To scale the business in the region, local staff is set up ready to provide thorough support to all customers. The group is planning to recruit distributors across East Africa, as the business plans to increase the number of exports up to 10,000 units per month in the near future.

Moreover, the group has also partnered with Saint Parts Company Limited to provide a free repair service for cars purchased from the SBI Motor website.

This new service would provide support for customers who may need to inspect their vehicles in Tanzania as a result of the recent change in import rules which disallows car inspection in Japan prior to export.

The BSMO and SBI Africa partnership is actively looking for new partnerships in the region as SBI Motor continues to increase its presence in Africa and beyond.

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Janet Ogundepo

Janet Ogundepo

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