Car financing is a crucial component of the automotive industry in Africa. With a growing middle class and increased urbanization, more people are looking to buy cars to improve their mobility and quality of life. However, purchasing a vehicle can be expensive, and many people may need more financial resources to buy a car outright. …
Johan Van Der Merwe, CEO of Autochek Financial Services
“There was a great market opportunity to start KIFAL. The market is still growing even in a difficult economic context,” says KIFAL’s founder, Nizar Abdallaoui Maane. His company is all about boosting Morocco’s used-car market sustainably. To accelerate this market, KIFAL offers a range of services that includes mechanical expertise, vehicle quotations, administrative procedures, and …
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. AutoTager is a venture …
