Autochek, the African autotech company, has made another strategic move in its expansion across the continent.
The company recently announced the acquisition of a majority stake in Egypts AutoTager, a venturebacked startup that aims to make car buying and selling more accessible and hasslefree in the country.
Autochek, founded in 2020, aims to create a seamless and safe automotive commerce experience for African consumers.
He believes that Amrs experience will be invaluable as Autochek enters the Egyptian market and continues on its mission to improve the automotive finance value proposition on the continent.
Amr Rezk, in turn, expressed his excitement at partnering with Autochek to pursue several sizeable and unique opportunities in the automotive space.
With its partnerled footprint of more than 2,000 dealers and workshop locations, Autochek is wellpositioned to deliver on its mission to improve the automotive finance value proposition on the continent and catalyze more growth across the automotive ecosystem.
Autocheks cofounder and Group CFO, Olajide Adamolekun, expressed his delight at having Amr Rezk, AutoTagers founder, on board.
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