AUTOFORUM - Informed and innovative

IAMaga Champions African Automotive Growth at NEXUS Summit

Dec 02, 2024 Nexus, ITG, Motus, WAG, Bosch


IAMaga, a group representing African members of Nexus Automotive International, is taking strides to leverage Nexus' extensive network of over 100 member companies across Africa. With a mission to deliver aftermarket support services, IAMaga aims to propel Nexus (N!) members to new heights. Their expertise lies in fostering unique initiatives that strengthen collaboration between members and supplier communities.


On 18 November 2024, Johannesburg, South Africa, hosted the “NEXUS Africa Connecting Day” and the “One Africa Business Summit by IAMaga.” The event brought together over 70 delegates, including NEXUS/IAMaga suppliers and members from across the continent. Nexus expressed satisfaction with the strong representation from South and East Africa, underscoring the growing regional engagement.


The summit kicked off with a two-hour conference that provided valuable insights into Africa’s economy, along with the challenges and opportunities within the automotive aftermarket sector. A significant highlight was the introduction of two new suppliers, Spanjaard and SKF, to the IAMaga group. Notably, Spanjaard became the first African supplier to join the community, a milestone marking IAMaga’s commitment to local supplier integration. With plans to onboard approximately seven more suppliers in the near future, IAMaga is actively expanding its network. Delegates participated in a packed schedule of one-on-one meetings, efficiently organised over two days.


Launch of the Africa Feeder Project


A key milestone of the event was the launch of the transformative “Africa Feeder Project.” This initiative featured a highly interactive workshop focusing on four pivotal goals:

  • Combatting counterfeit goods through advanced labelling solutions.
  • Streamlining supply chains and reducing trade barriers.
  • Exploring the mutualisation of freight rates and certifications.
  • Leveraging data to drive market growth.


The workshop also included a compelling session on anti-counterfeiting, conducted in collaboration with Cypheme, a leading AI-based anti-counterfeit service provider. The session introduced a pilot project for Algeria and Morocco, highlighting critical agreements:

  • Suppliers will adapt locally compliant labels incorporating anti-counterfeit fingerprint technology.
  • Cypheme will develop enhanced multi-functional labels.
  • Scanning capabilities will be introduced through a localised Proof of Concept (POC) to validate efficacy, paving the way for broader implementation.


Martin Henriksen, CEO of IAMaga, commented: “This summit reinforced the commitment of NEXUS and IAMaga to lead Africa’s market transformation. By offering innovative solutions, strategic initiatives, and fostering a connected community, we are unlocking extensive business opportunities for members and suppliers while promoting sustainable growth.” He further emphasised the organisation’s vision to provide the African automotive industry with a clear roadmap to tackle its unique challenges.

 

Back