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.

NAIROBI, Kenya, May 8, 2014 /PRNewswire/ -- Mobius Motors, the creator of the first cars specifically designed and manufactured for the African market, announced today that it has raised a new investment round of convertible debt led by Pan-African Investment Company (PIC). As part...