AutoCheck Acquires Morocco-Based KIFAL Auto

1 month ago 130

Autochek, the automotive technology company making car ownership more accessible and affordable across Africa, has announced the acquisition of KIFAL Auto, Morocco’s leading automotive technology startup, to drive its expansion into North Africa. This acquisition represents one of the first major expansions of a West Africa-based startup into North Africa and it will facilitate effective Pan-African collaboration to drive innovation across the continent’s growing automotive market. 

KIFAL facilitates the purchase and sale of used cars, covering financing, warranties, insurance, and other services. Autochek has existing operations across West and East Africa (Nigeria, Ghana, Ivory Coast, Kenya, and Uganda), a partner-led retail footprint in over 1,500 dealer and workshop locations, and more than 70 banking partners including Access Bank, Ecobank, UBA, Bank of Africa and NCBA Bank.

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