Largest and most advanced online automotive portal network in Sub Saharan Africa.
AfricarCar Group’s Current Markets
Population: ~900 million.
Direct addressable market: ~250 million.
Average GDP growth: ~4%.
Average GDP per capita: ~2,500 US$.
Median age: ~20 years.
Internet users: ~400 million.
Social media users: ~230 million.
✓ 45 Portals in 45 countries.
✓ Covering the whole of Sub Saharan Africa: West Africa, Central Africa, East Africa and Southern Africa.
✓ Multi language portals in English, French, Swahili, Arabic, Hausa, Portuguese, Spanish, Shona, Tswana, Amharic, Oromo, Wolof, Chinese, Yoruba and Somali.
✓ Number one automotive portal in 75% of the 45 markets.
✓ Local domain names, brands, content, currencies & local partners.
✓ Over 150+ online assets of both portals & social media platforms creates an extensive national and regional ecosystem with substantial reach.
✓ Strong regional and local partnerships.
✓ Servicing its 45+ platforms effectively and efficiently from centralised tech, and operation and regional teams.
✓ Strong tech focus using advanced automation tools, AI, latest SaaS tools and integrated microservices.
✓ Company well positioned to build the most and best automotive data in the region.
✓ Integrated Dealership Management Systems for African automotive dealerships.
✓ Company in growth stage to capture the growing online opportunity in this close to 1 billion people strong emerging market.
✓ High population growth region with increasing levels of internet connectivity, smartphone usage and social media penetration.
✓ Regional HQ’s in Botswana and Sydney.
✓ 100% ECV ownership.
✓ Started 2017.
✓ Open to invest in or partner with local or regional players in the automotive industry.