Nigeria’s Autochek acquires Cheki Kenya and Uganda from ROAM Africa

Nigerian automotive tech startup Autochek has announced the acquisition of Cheki Kenya and Uganda from Ringier One Africa Media (ROAM) for an undisclosed amount.

The acquisition will enable Autochek’s expansion into East Africa

Note that Autocheck had also acquired both Nigeria and Ghana businesses from Cheki in 2020.

Cheki was launched in 2010 as an online car classified for dealers, importers, and private sellers in Kenya.

Cheki had its headquarter in Nairobi, and later expanded operations to Nigeria, Ghana, Tanzania, Uganda, Zambia, and Zimbabwe.

Cheki Kenya claims to have grown 80% year-on-year in the last two years.

Autochek CEO Etop Ikpe speaking on the development said that Cheki Kenya has always been the crown jewel for Autochek.

“Cheki Kenya has always been sort of the crown jewel.

“At the time, when we completed the Nigeria and Ghana acquisition, it wasn’t a conscious effort to make this happen, but it’s great that it happened,” said Etop.