Emmanuel Aku
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. “There are many parallels between Autochek and AutoTager, and we are looking forward to building on these parallels to deliver more growth and success in the months and years to come,” Olajide Adamolekun, Group CFO and cofounder of Autochek, said in a statement shared with Benjamindada.com.
Keypoints
- Enter AutoTager
- Minting car owners across Africa
This post was created with our nice and easy submission form. Create your post!
