Nigeria’s Autochek, an auto-tech company making car ownership more accessible and affordable across Africa, has announced the acquisition of a majority stake in Egypt’s AutoTager to deepen its presence in North Africa and support the company’s ongoing growth. Founded in 2020, Autochek aims to build digital solutions that will enhance and enable a seamless and safe automotive commerce experience across Africa. Autochek launched in September 2020 having acquired automotive marketplaces Cheki Nigeria and Cheki Ghana from ROAM Africa. In May, it acquired Moroccan counterpart KIFAL Auto to drive its expansion into the North Africa region. Autochek now has active operations in nine countries across East, West and North Africa, with a partner-led footprint of more than 2,000 dealers and workshop locations.

Source: The North Africa Journal April 19, 2023 06:05 UTC