According Reuters, The Renault-Nissan Alliance and West African conglomerate Stallion Group have signed a preliminary agreement to start vehicle assembly in Nigeria and potentially create a major Nissan manufacturing hub for Africa.
The memorandum of understanding would see Stallion, which is Nissan’s exclusive distributor in the country, increase capacity at its existing plant in Lagos, Renault-Nissan said in a statement on Wednesday.
Stallion currently produces commercial vehicles at the facility, but the plant’s annual capacity would be expanded to 45,000 units to assemble a range of cars, light duty trucks, pickups and vans, the alliance said.