After completing over 3 million rides in Nigeria, SafeBoda is halting its operations in the country to focus on its most profitable market, Uganda.
Articles about Safeboda on Benjamindada.com
The new funds injection will go into expanding its 50-man team, boosting its technology and exploring new markets like Ghana and Egypt.
Since January 2020 when SafeBoda started operations in Nigeria, it has made with over 3 million rides made by over 10,000 riders and over 100,000 passengers.
Oluwagbenga Osowe has a storied career and has worked at top Nigerian tech companies like Andela, Opay, and Safeboda.
SafeBoda has paused operations in Nairobi, Kenya, effective from November 27, 2020. But is COVID-19 solely responsible for Safeboda pausing operations in Kenya as the company claims? What does SafeBoda's operational moratorium mean for bike-hailing startups in Africa?