Nigeria’s Autochek Acquires CoinAfrique To Scale Into Francophone Africa

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Automotive e-commerce company Autochek has expanded to new markets in Africa after acquiring CoinAfrique, a classified ad marketplace, nearly two months after the Nigerian startup acquired Moroccan auto marketplace KIFAL Auto, marking its foray into North Africa.

Autochek plans to tap CoinAfrique’s regional customer base in Francophone Africa to accelerate its car financing services. CoinAfrique, whose team will join Autochek and help them run operations in the region. Autochek has rolled out its operations in Ivory Coast and Senegal following the acquisition, with more markets set to be activated, including Benin and Togo, as the auto marketplace expands. 

The post Nigeria’s Autochek Acquires CoinAfrique To Scale Into Francophone Africa appeared first on WeeTracker.

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