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Bolt Poised to Benefit from Uber’s Nigeria Exit
Uber’s sudden exit from Nigeria has created a major opening in the country’s ride-hailing market, and Bolt appears well positioned to benefit. After 12 years of operations, Uber ended its Nigerian ride-hailing business on September 2, 2026, leaving drivers and riders searching for alternatives. Among the platforms competing for this displaced market, Bolt could emerge…
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PromiseLand Launches ProTaxi in Nigeria’s E-Hailing Market
Nigeria’s e-hailing market is set to welcome a new local competitor as PromiseLand Innovations Limited prepares to officially launch ProTaxi on October 1, 2026. The homegrown ride-hailing platform is entering the market with a focus on affordable transportation, technology, safety and environmentally friendly mobility. ProTaxi is designed to connect passengers with verified drivers through a…
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Kili Ventures Backs Jenzy to Transform African B2B Payments
Kili Ventures has announced its fourth investment, backing Jenzy, an African fintech building infrastructure to make cross-border business payments more reliable across the continent. The investment comes as African businesses increasingly trade across borders but continue to face fragmented banking systems, limited foreign-exchange liquidity and payment delays. Kili Ventures says about one in four B2B…
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Uber-Delivery Hero Deal Clears Key Hurdle
Uber’s proposed $14.8 billion acquisition of Delivery Hero has moved closer to completion after the German food-delivery company’s management and supervisory boards backed the takeover and recommended that shareholders accept the offer. The development gives Uber an important boost as it attempts to build one of the world’s largest food-delivery businesses. The deal, announced in…
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Lagos’ Cashless Danfo Experiment Fails
Years before Lagos began formalising plans to move its iconic yellow danfo buses toward digital payments, a startup called GONA attempted to solve one of the city’s most persistent transport problems: cash. Launched in 2019 by Chinese technology entrepreneurs with experience at companies including Huawei Africa and DiDi, GONA introduced a mobile payment system that…
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Temu and Kwikpik Boost Nigeria’s Deliveries
Global e-commerce platform Temu is strengthening its delivery operations in Nigeria through a partnership with local logistics technology company Kwikpik, a move that highlights the growing importance of efficient last-mile delivery in the country’s rapidly expanding digital commerce market. The partnership makes Kwikpik part of Temu’s delivery network in Nigeria, where customers increasingly expect online…
