Updated: Bolt slashes fare by 50%: Lagos drivers to shutdown app in protest
Bolt reportedly claims a set of drivers demanded the fare slash
South African e-hailing drivers threaten mass action over unjust impoundment of vehicles
There has been an explosion of unlicensed e-hailing operators across the country
‘Naira to dollar’, ‘loans’ are the most-searched financial terms in Nigeria as finance apps continue to grow popular
The increased search from naira to dollar and loans shows Nigerians are worried about their economic situation
Equity funding constitutes 58% of $1.03 bn invested in African fintech startups in 2024
Equity funding decline is a worry in Africa
Moove reprimands driver for accepting rides on inDrive, amid ride shortage on Uber
Moove drivers raised the alarm about the crunching lack of requests on Uber Go
Bolt denies plans to exit Nigeria – ‘We are not leaving or reducing our operations’
Bolt recently adopted a bidding and fixed pricing system in a bid to compete
Investors’ interest in African tech startups hit 4-year low in 2024
One reason for this decline in investor interest is because of the new focus on AI startups
Moove drivers lament dearth of rides on UberGo: “I deleted my app and reinstalled it, still no request”
Moove drivers are only allowed to operate on the Uber Go platform
Driver killings: AUATON condemns Uber and Bolt for failure to profile passengers
The Lagos police command arrested gangs of armed robbers who targeted Uber and Bolt drivers
Bolt hails Lagos police for arresting killers, urges drivers to shun off-app trips
Leading ride-hailing platform, Bolt has commended the Lagos State Police Command for apprehending armed robbery gangs who target…
