• Contact
Wednesday, February 1, 2023
  • Login
The African Business - News About African business
  • Home
  • EconomyNew
    Nigeria extends deadline to swap old currency notes by 10 days

    Nigeria extends deadline to swap old currency notes by 10 days

    Shocking IMF report reveals Angola and Ethiopia to surpass Kenya as top economies in Sub-Saharan Africa

    Shocking IMF report reveals Angola and Ethiopia to surpass Kenya as top economies in Sub-Saharan Africa

    Ethiopia and the World Bank sign financing agreements worth $745 million

    Ethiopia and the World Bank sign financing agreements worth $745 million

    Trending Tags

  • Business
    World’s Richest Rankings: Aliko Dangote maintain his position as Africa’s richest man

    World’s Richest Rankings: Aliko Dangote maintain his position as Africa’s richest man

    Global tech billionaires eye Zambia’s electric vehicle battery mines

    Global tech billionaires eye Zambia’s electric vehicle battery mines

    Africa will have 57 million pay TV subscribers by 2028, report

    Africa will have 57 million pay TV subscribers by 2028, report

    Africa startups defy funding slump as debt financing fuels growth

    Africa startups defy funding slump as debt financing fuels growth

    Port of Maputo achieves new handling record, sees soaring chrome throughput

    Port of Maputo achieves new handling record, sees soaring chrome throughput

    Court told Anglo turned blind eye to Zambian lead poisoning

    Court told Anglo turned blind eye to Zambian lead poisoning

    Ethiopian Airlines set to fly to Atlanta

    Ethiopian Airlines set to fly to Atlanta

    Angola: Poor Management of the Petroleum Sector with Effects on Declining Production

    Angola Sonangol plans to list on Angolan stock exchange by 2027

    Nigeria artists conquer the NFT marketplace in Africa

    Nigeria artists conquer the NFT marketplace in Africa

  • Finance
    Nigeria launches payments card program to rival Visa and Mastercard

    Nigeria launches payments card program to rival Visa and Mastercard

    Mastercard and ZoodPay join forces to launch the first virtual installment card across EEMEA

    Mastercard and ZoodPay join forces to launch the first virtual installment card across EEMEA

    MoneyGram joins forces with BOTIM to launch international money transfer to over 200 countries

    MoneyGram joins forces with BOTIM to launch international money transfer to over 200 countries

    There was a 25% increase in finance app installs across Africa between 2021 and 2022

    There was a 25% increase in finance app installs across Africa between 2021 and 2022

    Yellow Card expands payment feature across Africa

    Yellow Card expands payment feature across Africa

    Government starts payment of $674,5 trillion matured securities

    Government starts payment of $674,5M matured securities

    South African rand steady with investor focus on Fed minutes

    South African rand steady with investor focus on Fed minutes

    South Africa recently declared bitcoin and other cryptocurrencies to be financial products

    South Africa recently declared bitcoin and other cryptocurrencies to be financial products

    Angola banks entry into local Bourse gives credibility to economy

    Angola banks entry into local Bourse gives credibility to economy

  • Opinion
  • Lifestyle
  • Sports
  • Green Economy
No Result
View All Result
  • Home
  • EconomyNew
    Nigeria extends deadline to swap old currency notes by 10 days

    Nigeria extends deadline to swap old currency notes by 10 days

    Shocking IMF report reveals Angola and Ethiopia to surpass Kenya as top economies in Sub-Saharan Africa

    Shocking IMF report reveals Angola and Ethiopia to surpass Kenya as top economies in Sub-Saharan Africa

    Ethiopia and the World Bank sign financing agreements worth $745 million

    Ethiopia and the World Bank sign financing agreements worth $745 million

    Trending Tags

  • Business
    World’s Richest Rankings: Aliko Dangote maintain his position as Africa’s richest man

    World’s Richest Rankings: Aliko Dangote maintain his position as Africa’s richest man

    Global tech billionaires eye Zambia’s electric vehicle battery mines

    Global tech billionaires eye Zambia’s electric vehicle battery mines

    Africa will have 57 million pay TV subscribers by 2028, report

    Africa will have 57 million pay TV subscribers by 2028, report

    Africa startups defy funding slump as debt financing fuels growth

    Africa startups defy funding slump as debt financing fuels growth

    Port of Maputo achieves new handling record, sees soaring chrome throughput

    Port of Maputo achieves new handling record, sees soaring chrome throughput

    Court told Anglo turned blind eye to Zambian lead poisoning

    Court told Anglo turned blind eye to Zambian lead poisoning

    Ethiopian Airlines set to fly to Atlanta

    Ethiopian Airlines set to fly to Atlanta

    Angola: Poor Management of the Petroleum Sector with Effects on Declining Production

    Angola Sonangol plans to list on Angolan stock exchange by 2027

    Nigeria artists conquer the NFT marketplace in Africa

    Nigeria artists conquer the NFT marketplace in Africa

  • Finance
    Nigeria launches payments card program to rival Visa and Mastercard

    Nigeria launches payments card program to rival Visa and Mastercard

    Mastercard and ZoodPay join forces to launch the first virtual installment card across EEMEA

    Mastercard and ZoodPay join forces to launch the first virtual installment card across EEMEA

    MoneyGram joins forces with BOTIM to launch international money transfer to over 200 countries

    MoneyGram joins forces with BOTIM to launch international money transfer to over 200 countries

    There was a 25% increase in finance app installs across Africa between 2021 and 2022

    There was a 25% increase in finance app installs across Africa between 2021 and 2022

    Yellow Card expands payment feature across Africa

    Yellow Card expands payment feature across Africa

    Government starts payment of $674,5 trillion matured securities

    Government starts payment of $674,5M matured securities

    South African rand steady with investor focus on Fed minutes

    South African rand steady with investor focus on Fed minutes

    South Africa recently declared bitcoin and other cryptocurrencies to be financial products

    South Africa recently declared bitcoin and other cryptocurrencies to be financial products

    Angola banks entry into local Bourse gives credibility to economy

    Angola banks entry into local Bourse gives credibility to economy

  • Opinion
  • Lifestyle
  • Sports
  • Green Economy
No Result
View All Result
The African Business - News About African business
No Result
View All Result
Home Business

Uber-rival Bolt opens Africa Head office in Nairobi

TAB by TAB
05/07/2022
in Business
0
Uber-rival Bolt opens Africa Head office in Nairobi
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

Uber-rival Bolt opens Africa Head office in Nairobi

Popular ride-hailing firm Bolt has unveiled a new Africa head office in Nairobi, Kenya, amid rapidly growing demand.

Related posts

World’s Richest Rankings: Aliko Dangote maintain his position as Africa’s richest man

World’s Richest Rankings: Aliko Dangote maintain his position as Africa’s richest man

31/01/2023
2
Global tech billionaires eye Zambia’s electric vehicle battery mines

Global tech billionaires eye Zambia’s electric vehicle battery mines

30/01/2023
1

The head office located in Riverside Drive will serve as a regional hub for the firm’s operations in Africa and also host its top executives, including; the Regional Director and Interim VP for Rides, Regional Manager for Ride-hailing, East Africa, Regional Marketing Manager, Africa, Senior Head of Public Policy and Legal Director for Africa.

Since its big round in January 2022 ($709M), the ride-hailing global firm has been serving more consumers, adding more partners and establishing new business lines. Currently, Bolt has a growing workforce of over 500 individuals looking after its operations, growth and excellence in the region, creating earning opportunities for more than 400,000 drivers in more than 70 cities in Africa.

Bolt’s passenger numbers in Africa have surged since its big round in January 2022 ($709M), offering multiple services (including private hire drivers, electric scooter rentals and food delivery). By charging drivers only 15% commission (almost half of that taken by other ride-hailing operators), the ride-hailing company has accepted more than 400,000 drivers in more than 70 cities in Africa on its platform.

Commenting on the office’s opening, Bolt Regional Director and Interim VP for Rides, Paddy Partridge, noted that the investment is significant in strengthening the firm’s presence in Africa as a region considering the country’s strategic location and infrastructural infrastructure advancement.

“This investment is strategic for us, as it will enable us to run and coordinate operations seamlessly across Africa in an integrated manner.”

He added, “This is just the beginning, and we hope it enables us to develop a cohesive model for sustainable cities engagement that will help improve city services and urban transportation for the millions of people in the region.”

The Regional Director added that the office would provide the company access to the great COMESA regional markets they are keen on expanding to.

“Kenya’s strategic location in the region and the infrastructure has enabled us to grow tremendously in the East African market. We believe we can leverage this to achieve more across the entire continent still.”

Bolt currently operates in seven African countries (Kenya, Uganda, Tanzania, Nigeria, Ghana, South Africa and Tunisia) but did not have a centralised African office before now.

The Estonian mobility company joins the list of global tech firms, including Google and Microsoft, to set up hubs and labs in the Kenyan capital as they race to tap into the African market.

Uber-rival Bolt opens Africa Head office in Nairobi

Source: Africa Business Insider
Previous Post

Focus on Central Bank of Kenya’s new plan to combat loan sharks

Next Post

OPEC Fund provides $19m to support sustainable livelihoods in Lesotho

Next Post
OPEC Fund provides $19m to support sustainable livelihoods in Lesotho

OPEC Fund provides $19m to support sustainable livelihoods in Lesotho

RECOMMENDED NEWS

57 percent of Africans do not hold any kind of bank account, BPC fintech report

57 percent of Africans do not hold any kind of bank account, BPC fintech report

11 months ago
2
Kenya Airways expands West Africa’s connectivity with Africa World Airlines partnership

Kenya Airways expands West Africa’s connectivity with Africa World Airlines partnership

9 months ago
4
Cristiano Ronaldo Gets New Nickname From Man United Players As Relationship With Lisandro Martinez Blossoms

Cristiano Ronaldo Gets New Nickname From Man United Players As Relationship With Lisandro Martinez Blossoms

4 months ago
7
Obi Cubana, Mr Ibu, UAE envoy honoured at Nollywood New Yam Festival

Obi Cubana, Mr Ibu, UAE envoy honoured at Nollywood New Yam Festival

1 year ago
4

BROWSE BY CATEGORIES

  • Business
  • Economy
  • Finance
  • Green Economy
  • Lifestyle
  • Opinion
  • Sports
  • Uncategorized

Ads

Categories

  • Business
  • Economy
  • Finance
  • Green Economy
  • Lifestyle
  • Opinion
  • Sports
  • Uncategorized
The African Business – News About African business

We bring you the best Premium news about African Business.

Follow us on social media:

Recent News

  • World’s Richest Rankings: Aliko Dangote maintain his position as Africa’s richest man
  • Nigeria launches payments card program to rival Visa and Mastercard
  • Develop enabling legislation to fuel the cannabis sector to new highs and boost the economy

Category

  • Business
  • Economy
  • Finance
  • Green Economy
  • Lifestyle
  • Opinion
  • Sports
  • Uncategorized

Legal Information

Terms and Conditions
Privacy Policy
Complaints Book

  • Contact

© 2021 The African Business

No Result
View All Result
  • Home
  • Economy
  • Business
  • Finance
  • Opinion
  • Lifestyle
  • Sports
  • Green Economy

© 2021 The African Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In