Ten months after it expanded into North Africa, Autochek has made its second acquisition. The mobility company has acquired a majority stake in Egypt’s AutoTager to strengthen pan-African footprint. About ten months after Autochek expanded into North Africa through the acquisition of Morroco's KIFAL Auto, the mobility company has acquired majority stake in AutoTager, an Egyptian automotive technology company that makes it easier to find and buy cars. This move intends to deepen Autochek's presence in North Africa. Meanwhile, its Autochek's seventh acquisition since its launch in 2020—the company previously acquired Cheki Nigeria, Cheki Ghana, Cheki Kenya, Cheki Uganda, CoinAfrique and KIFAL Auto.

Source: The North Africa Journal April 18, 2023 10:18 UTC