Uber News

Flutterwave raises over $10 million in series A financing

Flutterwave, an online payments company founded by Nigerian 26-year old, raises over $10 million in series A financing (Infographic)

Flutterwave, which provides modern payments infrastructure for banks and businesses to make and accept payments across Africa, announced on Monday that it has raised over $10 million in a Series A round of funding.

Lagos, Nigeria

Uber and its rivals are struggling to keep both drivers and riders happy in Lagos

It was only a year ago that Uber declared that its Lagos market was potentially bigger than its London market.

First Bank of Nigeria ATMs

How Nigeria's banks are innovating

Nigeria’s relatively significant exposure to the oil and gas sector increased pressures on balance sheets and operations.

Africa’s rising middle class – and why it matters. Credit: newafricanmagazine.com

Africa's rising middle class - and why it matters

According to the African Development Bank (AfDB), as far back as 2011 there were already 313 million people – or 34 per cent of the continent’s total population – that could be referred to as middle class.

Africa's banker of tomorrow

Armed with fintech and fueled by data: Africa's banker of tomorrow

Markets in Shanghai closed up today on news that the Chinese bullet train manufacturer Fujian Corp won the contract to connect Casablanca to Abidjan.

Kenya's Little Cab app is set to take on Uber in Uganda and Nigeria

Safaricom's Little Cab, Kenya's Uber rival, is launching in Nigeria and Uganda

Little Cab, the ride-hailing app backed by telecoms operator Safaricom, is slowly giving Uber a run for its money in Kenya.

Chauffeur driven: Uber in Lagos. Credit: FT

Uber gears up to ease stressful commutes in Nigeria

Car-hailing app Uber has frequently attracted controversy — whether over workers’ rights, management practices and its attitude to regulation.

The arrival of Uber and Little Cab may bring cheaper and more reliable transport by taxi but is unlikely to solve Nairobi’s congestion. Credit: theguardian.com/Tom Cockrem/Getty Images/Lonely Planet Images

Uber and Little Cab's battle to control the streets of Nairobi

Uber is in the middle of a bruising battle for dominance in east Africa’s largest economy: Kenya. The ride-hailing company started operating in the cities of Nairobi, Mombasa, Kisumu and Thika last year.

Ebi Atawodi, General Manager, Uber Lagos. Credit: marcopolis.net

Uber Partners First Bank to Offer Loans to Nigerian Drivers

Uber Technologies Inc. is partnering with FBN Holdings Plc’s First Bank Nigeria to provide loans to drivers.

Uber expands food delivery business UberEats into South Africa

Uber expands food delivery business UberEats into South Africa

Uber Technologies started its UberEats food delivery service in South Africa last Thursday before it expands in the rest of the country and into the continent.

Mark Zuckerberg's trips to Nigeria and Kenya track tech's growing interests on the continent

Mark Zuckerberg's trips to Nigeria and Kenya track tech's growing interests on the continent

After a surprise Nigeria visit to meet with techies in Lagos, Mark Zuckerberg took his Africa tour to Kenya this Thursday.

Iyinoluwa Aboyeji, Co-Founder, Andela. Credit: thescoopng.com

Andela Co-Founder Iyinoluwa Aboyeji is leaving to start payments company Flutterwave

Just eight weeks after raising $24 million in a funding round led by Mark Zuckerberg’s foundation, Andela, one of Nigeria’s best-known startups, is saying goodbye to its co-founder Iyinoluwa ‘E’ Aboyeji.

Opeyemi Awoyemi, Ayodeji Adewunmi and Olalekan Olude, Founders of jobs site Jobberman. Credit: Jobberman/theguardian.com

Here are Africa's top 10 tech pioneers

Africa’s digital transformation would be nothing without the tens of thousands of people who have invested, and continue to invest, energy into propelling it forward.

Bob Collymore (Right), CEO, Safaricom. Safaricom launched Uber rival Little Cabs earlier this month. Credit: techcrunch.com

In Kenya, Safaricom's Little Cabs app goes head to head with Uber

Even as a deal is imminent between Uber and its closest competitor Didi Chuxing in the immense Chinese market, competition in ride-sharing continues to intensify around the globe.

Ebi Atawodi, General Manager, Uber Lagos. Credit: marcopolis.net

Two Years after Its Launch Uber Nigeria Proves to Be a Success

My name is Ebi Atawodi and I am the General Manager of Uber in Nigeria. We launched Uber in Nigeria in 2014. We are just under two years old now which I think is quite a feat for a Nigerian business!

Here are 7 predictions for Africa's tech sector

Here are 7 predictions for Africa's tech sector

As Africa transitions from the margins to the mainstream of the global economy, technology is playing an increasingly significant role.

UberEverything will have to get round logistics difficulties in cities like Lagos. (AP Photo/Sunday Alamba)

Uber Africa will diversify beyond car rides this year with its UberEverything service

Having nearly perfected the business of moving people around on the continent, Uber is set to diversify the core of its business in sub Saharan Africa with the introduction of UberEverything.

Ebi Atawodi, General Manager, Uber Lagos

Uber, the sharing economy and the future of transportation in Lagos

CNN says Uber could be bigger in Lagos than it is in London. In its first 16 months, Uber provided 30% more rides in Lagos than it did during its first 16 months in London.

With Kenya's Safaricom, Uber will face a rival it won't be able to beat so easily

With Kenya's Safaricom, Uber will face a rival it won't be able to beat so easily

In Africa, local taxi companies and startups have been working hard to compete with Uber but the ride hailing company has managed to outmaneuver most of them.

Kenya's Safaricom to launch local rival to Uber.

Little Cabs: Kenya's Safaricom to launch local rival to Uber

Kenya’s biggest telecoms company Safaricom is joining up with a local software firm to launch a ride-hailing company to take on Uber as it seeks new sources of revenue, its CEO said.

Uber Nigeria

Nigeria leads the way promoting ridesharing in Africa: Ebi Atawodi, General Manager, Uber West Africa

At the start of the last century, just one in seven people worldwide lived in cities. Today, it’s half and the UN predicts that by 2050, another 2.5 billion people will be living in urban areas.

As it expands in Africa, Uber adapts to local markets and adopts cash payments

As it expands in Africa, Uber adapts to local markets and adopts cash payments

While Uber continues its push into Africa the company is making allowances to local markets and testing unique service models users wouldn’t see in other parts of the globe.

Taxify's driver app, putting the driver first. Credit: Taxify/qz.com

Uber's rivals in Africa think they can win with happier drivers, traffic jam deals and even price haggling

Wherever there is a car, a decent road and a reliable GPS connection, there is Uber.

Alon Lits, General Manager, Sub-Saharan Africa, Uber

Uber to launch in Ghana, Uganda and Tanzania within a month

Alon Lits, General Manager, Sub-Saharan Africa, Uber Ride-hailing company Uber said Thursday that it plans to start operating in the capitals of…

At the regional finals of the third annual Challenge Cup, hosted this year in Nairobi. Credit: Christopher M. Schroeder/recode.net

Startup Rising Africa

It’s hard to get more American than generalizing Africa as one big homogenous thing. It is, of course, a rich and diverse continent of more than 50 nations, where merely a piece of it — say from Kenya to Nigeria — is a greater distance than the entire United States.

Ebi Atawodi, General Manager, Uber Nigeria

How Uber is changing life in Nigeria (Video)

Few things affect life in Lagos like traffic. However, Ebi Atawodi, Uber‘s General Manager in Nigeria, thinks Uber is making a difference in people’s lives.

Uber launches in Abuja and Mombasa, offers 6 days free rides

Uber launches in Abuja and Mombasa

Mobile taxi company Uber is spreading its tentacles across the continent, with Abuja and Mombasa becoming the latest African cities where the company has introduced its service.

Alon Lits, Uber's general manager for sub-Saharan Africa, walks beside a vehicle which operates in the fleet of Uber taxis in Kenya's capital Nairobi March 9, 2016. U.S.-based Uber plans to expand in Tanzania, Uganda and Ghana this year and will focus on convincing traditional taxi drivers to work for the ride-hailing service, Lits, Uber's general manager for sub-Saharan Africa, said. REUTERS/Noor Khamis

Uber seeks to lure cabbies in Africa expansion plan

U.S.-based Uber plans to expand in Tanzania, Uganda and Ghana this year and will focus on convincing traditional taxi drivers to work for the ride-hailing service, Alon Lits, Uber’s general manager for sub-Saharan Africa, said.

Uber basks in phenomenal South Africa growth

Uber basks in phenomenal South Africa growth (Infographic)

On-demand driving service Uber has seen phenomenal growth since launching in South Africa in 2013.

Funke Opeke, CEO, MainOne Cable

Funke Opeke: Nigeria's cyber revolutionary

The only major road through Lekki is clogged, even on a Saturday afternoon. The expressway through the swampy peninsula that expands the city of Lagos in an easterly direction is riddled with street hawkers peddling red grapes, shoe racks and phone chargers to the cars caught in the hold up.

Uber Lagos partners with Nigerian payments company Paga

Uber Lagos partners with Nigerian payments company Paga

Committed to solving payments for businesses and individuals, Paga has announced a partnership with technology company, Uber.

Uber signs $14M car rental deal with South Africa's WesBank

Uber signs $14M car rental deal with South Africa's WesBank

Online taxi-hailing service Uber has agreed a 200 million rand ($14 million) deal with South African vehicle finance provider WesBank to rent cars to drivers who can’t afford to buy them, the companies said on Tuesday.

Airbnb

House sharing service Airbnb plans Africa expansion

Airbnb is hoping to spread its unique brand of hospitality throughout Africa. The San Francisco company, which allows people to rent rooms in their private homes to travelers over the Internet, held an event July 27 in Johannesburg, where Airbnb Chief Executive Officer Brian Chesky walked local reporters through the company’s ambitions in the world’s second-most populous continent.

Johannesburg mulls regulating Uber to appease taxi drivers

Johannesburg mulls regulating Uber to appease taxi drivers

South Africa’s most populous city is considering regulations for car-booking service Uber Technologies Inc. in the country’s richest province, addressing the concerns of the taxi industry.

Lagos Startup Week 2015

Seedstars World announces partnership with Lagos Startup Week and Uber to showcase the best Nigerian entrepreneurs

On July 31st, the Nigerian leg of Seedstars World will take place at the final event of Lagos Startup Week. This will showcase the best entrepreneurs from around Nigeria, elevate them to an international stage, and offer them the opportunity to receive investment of up to $1.5 million.

New MBAs Should Start Their Careers in Frontier Markets

New MBAs should start their careers in frontier markets like Nigeria, Kenya, says Harvard Business Review

“Where are the stores?” asked the Scandinavian executive. Strive Masiyiwa was interviewing him to be CEO of the Nigeria telecoms venture lead by Econet Group, which Strive founded and chairs.

Bankole Cardoso, MD, Easy Taxi Nigeria

We're not scared of Uber: Bankole Cardoso, MD, Easy Taxi Nigeria

Easy Taxi Nigeria does not consider itself to be in direct competition with Uber in spite of the global taxi app launching in Lagos last year, according to managing director (MD) Bankole Cardoso.

Uber Kenya

Uber eyes use of mobile money services in Africa

Uber is now operational in seven African cities: Cape Town, Johannesburg, Durban, and Pretoria in South Africa; Lagos in Nigeria; Cairo in Egypt; and Nairobi in Kenya.

Uber, Nairobi, Kenya

Uber launches in Nairobi, Kenya

Nairobi, the “Green City in the Sun” is East Africa’s economic powerhouse. Locals tear into meat in restaurants squeezed between car parks and casinos, or overlooking the misty green hills that fall into the Great Rift Valley on the edge of the city.

Uber, Cape Town, South Africa

Uber vehicles impounded in Cape Town, South Africa

Police in Cape Town, South Africa, impounded 33 Uber vehicles over the weekend in a dispute over what type of permits drivers should hold, an Uber executive said.

Delivery Science

10 African startups that rocked 2014

2014 has been another amazing year for startups in Africa.

Uber

Uber is coming to Kenya, following launches in South Africa, Nigeria, and Egypt

Uber, the rapidly growing taxi app, is preparing to launch in Kenya.