Kenyan SUV manufacturer Mobius Motors has resumed operations following a takeover by a Middle East-based firm. The investment ...

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Troubled automobile firm Mobius Motors Kenya has been fully acquired by Middle East-based investment and technology firm Silver Box in a transaction set to revitalise the sinking car brand.

Mobius Motors issued a statement last year detailing its intentions to cease operations after appointing a new liquidator. But with the new ownership agreement between the two companies, there is ...