ABUJA — Ride-hailing rivals Bolt and inDrive are moving to strengthen their presence in Nigeria following Uber’s abrupt exit from the country after about 12 years of operations.
Uber announced its departure from the Nigerian market on September 2, citing “evolving business priorities and investment focus across the continent”.
The exit has opened a fresh opportunity for competing platforms to expand their customer and driver bases in one of Africa’s largest ride-hailing markets.
While Uber is withdrawing from a country with a population of more than 200 million, its major competitors have signalled that they intend to deepen their investments and operations.
inDrive described Nigeria as a key African market, saying its active user base in the country has continued to grow year-on-year.
