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Nigerian government commences N30,000 grants to Uber drivers, Keke NAPEP riders
The federal government has commenced the disbursement of N30,000 grants for transporters as a measure to support those affected by COVID-19 pandemic under its economic sustainability plan (ESP). This was disclosed in a statement signed by Laolu Akande, senior special assistant to the vice president on media and publicity, on Sunday. The funds are being disbursed under the federal government’s micro, small and medium enterprise (MSME) survival fund scheme for artisans and transporters. The transport support track opened on November 30, 2020, after the artisans’ support track launched on October 1, 2020. According to the statement, the artisans track is under federal government’s survival fund, while the transport track is a different scheme also under the same fund. Those to benefit from th...
Bolt Expands Ride-hailing Service in Kenya
Ride-hailing service, Bolt has announced that it is expanding into Kenya with a new offering – Bolt Lite. This new service aims to make rides more affordable to users in Nakuru and Kisumu. Bolt expects this more affordably priced category will “increase the number of rides and decrease the time drivers spend waiting for the next order,” writes Gadgets Africa. “We launched Bolt Lite in Nairobi in 2019 to give customers more options to choose from,” says Ola Akinnusi, Country Manager at Bolt. “With Bolt, we can meet their dynamic needs while we continue to provide affordable and convenient transportation services to everyone. We have seen tremendous support from both our customers and drivers. We are looking into meeting the increasing demand from Kisumu and Nakuru for the same service.” The...
Bolt to Introduce Food Delivery Service in Kenya
Ride-hailing service, Bolt has announced that it is looking at introducing a food delivery service in Kenya. “We’re already present in 30+ markets across Europe and Africa. Now, it’s time for us to bring the know-how around building a mobility platform to the food delivery industry,” says the company. This is said to be Bolt’s attempt to add additional revenue streams by targeting an industry that has seen impressive growth in 2020 as a result of the COVID-19 pandemic. Bolt Introduces New Protective Ride Option in Kenya Bolt has announced that will be taking extra precautions to ensure the safety of its drivers and passengers during the COVID-19 pandemic. /* custom css */ .tdi_3_5c9.td-a-rec-img{ text-align: left; }.tdi_3_5c9.td-a-rec-img img{ margin: 0 auto 0 0; } “We remain cognizant of ...
Bolt Introduces New ‘Low-Cost’ Service in South Africa
Ride-hailing platform Bolt has launched a new low-cost category called Bolt Go – which is aiming to be the cheapest ride-hailing service in South Africa, with fares approximately 20% less than regular Bolt rides. The addition of the new low-cost category hopes to significantly lower the barriers to entry into the South African ride-hailing industry by empowering owners and drivers of hatchback cars to access the Bolt platform and earn an income. “Smaller hatchback cars are less expensive to purchase, have lower maintenance costs, and are more fuel-efficient to operate than Bolt’s regular larger sedan cars,” says Gareth Taylor, country manager for Bolt South Africa. “These lower operational costs also enable Bolt Go fares to be significantly more affordable.” The new more affordable service...
Ride-Hailing Businesses Begin to Recover
Sourced from Forbes. Uber Technologies Inc.’s global rides business is down 70% from this time last year, a small improvement from its rock-bottom fall during the beginning of the coronavirus pandemic. Though slight, it is an indication that recovery is coming, albeit slowly. The decline in rides seems to be offset, if partially, by a boom in food delivery. Uber Eats’ gains have more than doubled, and they continue to accelerate, says Dara Khosrowshahi, Uber’s CEO, speaking at a virtual tech conference hosted by Bank of America. Bloomberg reports that the ride-hailing company intends to continue to look for opportunities in the food delivery market. Khosrowshahi declined to comment on Uber’s proposal to buy Grubhub Inc., which was first reported by Bloomberg last month. Since being so hars...
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