Car Loans Marketplace Advances Africa Sales

Leading auto loan services platform Autochek Africa has announced the launch of a dedicated brand-new cars section on its website and mobile app, allowing customers in East and West Africa to access a variety of digital financing options to purchase new cars and trucks from reputable manufacturers.

The offering will provide repayment tenures of up to 60 months and attractive interest rates from leading regional players, such as Ecobank and Kenya’s NCBA Bank, with up to 90% financing, the company said in a Wednesday (Dec. 8) press release.

Commenting on the launch, Autochek Africa’s COO Timi Tope Ologunoye said, “We are excited to partner with financiers and the automotive industry to provide this facility. It is in response to customer feedback to democratize the purchase of brand-new cars through great and affordable financing options.” 

Learn more: TrueCar Teams With AutoFi on Streamlining Auto Financing 

Ologunoye added that financing for new

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Carnomaly to Bridge the Gap Between the Automotive Marketplace and the DeFi World By DailyCoin

Carnomaly to Bridge the Gap Between the Automotive Marketplace and the DeFi World

Amidst mainstream adoption, it is almost impossible to build a blockchain project without including a decentralized finance (DeFi) component. The reason for this can be attributed to various factors, one of which is the fact that most blockchain initiatives are community-driven.

As a result, most blockchain initiatives require the implementation of a native token which, in the possession of a community member, guarantees voting rights. In other words, community members who own a share of a project’s native tokens can participate in the decision-making process, as well as enjoy unlimited access to a suite of DeFi tools.

The same can also be said in the case of Carnomaly, a blockchain-based protocol that facilitates the sales and management of vehicles in the most secure, decentralized, and transparent way possible. If you would like to learn more about the

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Ford launches new digital marketplace for used vehicles

Ford Motor Co. has launched Ford Blue Advantage, a new digital marketplace that will allow its dealers to list and sell certified used vehicles on a single platform — a response to customers looking for a digital shopping experience and an attempt to reclaim market share from upstart digital retailers that have eaten into dealers’ slice of the used-car pie.

The website,, allows shoppers to filter for features they are looking for in a vehicle, as well as by options such as home delivery, at-home test driving and video walk-arounds. And in response to feedback from customers about price transparency, the site’s listings include dealer-guaranteed selling prices.

Ford partnered with Cox Automotive’s Autotrader to power the platform and incorporate the relevant algorithm and search technology used by the popular third-party car listings brand. Ford Blue Advantage also features the Kelley Blue Book Price Advisor to inform customers of

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