A leader in the car marketplaces network of sub-Saharan Africa is now covering an audience of more than 800 million people. Africar Group is helping local individuals and professionals buy and sell their vehicles safely and quickly while also providing the tools they need to manage their inventories and leads online with a complete SaaS.
After raising an undisclosed 6 digits US dollars amount in 2018, from international investors, Africar Group has almost finished its expansion in Africa, with platforms in 40 different countries, is monetizing and improving its business model.
With 10 new platforms launched (Liberia, Mauritania, Comoros, Mauritius, Nigeria, Djibouti, Sudan, Republic of Congo, Central African Republic, and Angola), Africar Group is by far the largest operator of automotive marketplaces in Sub Saharan Africa. Its platforms are available in more than 15 different local languages, going far more than just English, French and Arabic, with local languages such as Swahili, Amharic, Somali, Wolof, Yoruba, Hausa, Kinyarwanda, Oromo, Igbo and more.
More than just offering a car classifieds or marketplaces model, Africar Group is now beta testing its new version with a full SaaS platform aimed to better service local cars, trucks, bikes and spare parts sellers, ranging from individuals to semi-professionals and professionals. Users are now able to manage their business online, including their inventory, as well as managing their leads, coming from various channels (websites, social media, messaging apps and offline marketing campaigns). It will offer many paying services such as SMS campaigns and more.
Visitors and potential buyers will be offered, in partnership with local companies, insurance and financing options as a complete package by Africar Group. The company is already considered one of the best-qualified leads for some insurance companies in Africa in terms of conversion rate. Using this, along with its SaaS solution, Africar Group is the online marketplace to buy or sell your car in the sub-Saharan African region.
SOURCE Africar Group
Edited by Victoria Haviland
Join us in Miami from the 20th to the 22nd of June for the Global Online Marketplaces Summit. Our summit theme is From Classifieds to Marketplaces – Capturing Value from the Transaction and we’ll hear from Global Leaders who are creating the Online Marketplaces of Tomorrow.