The acquisition represents Autochek’s entry into Egypt, which is Africa’s second-largest economy and the continent’s second-largest automotive market. This acquisition also represents the third for Autochek in less than a year and the sixth in under two years, reflecting its emergence as the leading Pan-African automotive technology company. This unrivalled footprint enables unparalleled insights into vehicle-related transactions and positions Autochek and its subsidiaries to deliver effective solutions for the needs of a wide range of stakeholders in Africa’s automotive ecosystem. Autochek has deep automotive expertise and brings a proven playbook and several all-weather strategies that have been tested and validated in multiple complex high-growth markets. About AutochekAutochek is an automotive technology development company that is building the infrastructure to make car ownership more accessible and affordable in Africa.

Source: The North Africa Journal April 18, 2023 18:43 UTC