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Business

Uber’s Exit From Nigeria and Uganda Tests the Economics of Ride-Hailing

Sam Wakoba
Business

Mastercard and Diamond Trust Bank  partner to accelerate digital payments in East...

Milcah Lukhanyu
Business

GLOBTFX： Announces Surpassing 10 Million Users in South America and Africa,...

Lauren James
Business

DTB appoints former Citibank executive to drive its consumer business in...

James Musoba
Business

Stanbic Bank becomes first bank to unveil the World Elite Mastercard...

Sam Wakoba
Business

I&M Bank hires Backbase to bolster its digital customer acquisition and...

Sam Wakoba
Business

Tesla posts profitable Q3 earning report but misses expectations

Dennis Mathu
Business

M-KOPA’s Smartphone Assembly Plant Surpasses 1.5 Million Units in Kenya

Sam Wakoba
Business

M-PESA Global, Safaricom’s Money Transfer Service Launches in Ethiopia

Sam Wakoba
Business

M-PESA Paybills to Serve as Virtual ETRs to Broaden Kenya’s Tax...

James Musoba
Business

Kenya Launches Digital Nomad Work Permit

James Musoba
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Uber’s Exit From Nigeria and Uganda Tests the Economics of Ride-Hailing

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Sam Wakoba

Uber’s Exit From Nigeria and Uganda Tests the Economics of Ride-Hailing

Uber last week announced it had withdrawn from Nigeria and Uganda with immediate effect creating an illusion that it was giving more room to its competitors such as Yango, inDrive, Bolt, Little among other local operators, but the economics of multi-homing, thin margins and the rise of electric and...
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