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African Startup Funding Tracker

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Nigeria’s Autochek Acquires Egypt’s Autotager
Nigeria’s Autochek Acquires Egypt’s Autotager

Autochek, the automotive technology company making car ownership more accessible and affordable across Africa, has announced the acquisition of a majority stake in AutoTager, an Egyptian automotive technology company that makes it easier to find and buy cars, to deepen its presence in North Africa and support the company’s ongoing growth. The acquisition represents the third for Autochek in less than a year and the sixth in under two years.

AutoTager is a venture backed startup that seeks to remove the friction from the car buying and selling process in Egypt, by enabling easier access to vetted vehicles and financing for consumers, and connecting dealers with serious buyers and technology solutions to improve their operations.