Uber Aiming for Expansion in Fast-Growing West African Markets

Global ride-hailing firm Uber Technologies Inc is in talks with regulators over plans to expand into two West African countries and provide a boat service in Nigerian megacity Lagos, a company executive said on Thursday. Uber, which said it has 36,000 active drivers in sub-Saharan Africa, operates in a number of countries in East and South Africa but is largely absent from West Africa, aside from Nigeria and Ghana. The firm has identified the region as a target for potential expansion, said Chief Business Officer Brooks Entwistle. He said the company was in talks with regulators in Ivory Coast and Senegal regarding the possible launch of services. Uber faces stiff competition in African cities from Estonian ride-hailing firm Bolt, which until early 2019 was called Taxify. Bolt has grabbed business largely by taking a smaller cut from drivers using its app.SOURCE:  CNBC AFRICA

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