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May 08, 2014, 14:47 ET
Mobius Motors (PRNewsFoto/Pan-African Investment Company)

Mobius Motors prepares to launch their first production vehicle in Kenya with a convertible debt financing led by Richard Parsons and Ronald Lauder's Pan-African Investment Company.

 Mobius Motors, the creator of the first cars specifically designed and manufactured for the African market, announced today that it has raised...