Braking company developing Africa presence

According to a report by the African Development Bank in the ‘Macroeconomic Performance and Outlook of Africa’ publication, 11 African countries featured in the world’s 20 fastest growing economies in 2023, which is why braking systems manufacturer and supplier of safety-critical subsystems for rail and commercial vehicles Knorr-Bremse sees significant growth potential on the continent. Considering the increasing likelihood of opportunities, the German company has plans to expand further into Africa.