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Business

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

Sam Wakoba
Business

Airtel Africa made a $330m loss due to the devaluation of...

James Musoba
Business

Vivendi’s Canal+ makes bid to acquire MultiChoice, the owner of DStv,...

James Musoba
Business

Kenya’s Enda Athletic acquired by NVH Studios, a global fashion, and...

Sam Wakoba
Apps

PayPal set to layoff 2,500 employees globally

Milcah Lukhanyu
Business

Safaricom M-Pesa users in Ethiopia reach 3.1m

Milcah Lukhanyu
Business

Bboxx shifts HQ from London to Kigali | Plans to invest...

James Musoba
Business

Uber Year in Review of Kenya’s mobility and delivery trends

Val Lukhanyu
Business

Sony invests into SA gaming startup Carry1st | To Explore PlayStation...

James Musoba
Business

Kiya.ai, India’s fintech firm partners with Arab Financial Services| Expands into...

James Musoba
Business

IFC Invests in Africa50 Fund to Support Sustainable Infrastructure Development in...

James Musoba

Featured

Business

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

Sam Wakoba
CEO Weekends

CEO Weekends: Joseph Ongachi of JentaHub on Connecting African Professionals to...

Sam Wakoba
AI

TryMassive AI Launches to Help Kenyan Businesses Get More Customers Through...

Ronald Bwire
Startups

Glovo Kenya Partners with eBee Mobilities to Attract Female Couriers

James Musoba
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Uber last week announced it had withdrawn from Nigeria and Uganda with immediate effect creating an illusion that it was giving more room to its competitors such as Yango, inDrive, Bolt, Little among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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