THE AFRICA TIMES | NIGERIA — Uber has shut down its operations in Nigeria and Uganda with immediate effect. This move further reduces the ride-hailing company’s footprint in Africa amid growing operating costs, pressure from drivers, and intensifying competition.
Business Review and Decision
The US-based ride-hailing company stated it reached this decision after a comprehensive review of its business in the two markets. “This decision is limited strictly to these two markets and does not impact our operations across the rest of the continent,” Uber clarified in a statement.
The company also emphasized its ongoing commitment to sub-Saharan Africa, where it continues to observe strong growth and opportunity.
Historical Context and Innovations
Uber entered Nigeria in 2014 and Uganda in
