Uber quits major African markets

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News Source : RT

News Summary

  • US ride-hailing company Uber has shut down operations in Nigeria and Uganda.
  • The withdrawals took effect on Wednesday following what Uber described as a “thorough review” of its business.
  • The company launched in Lagos in 2014 and Kampala in 2016.
  • The move coincided with a global Uber restructuring involving around 3,300 job cuts, equivalent to roughly 10% of its workforce.
  • The latest exits limit Uber’s direct African presence to South Africa, Kenya, Ghana, Egypt, and Morocco.
US ridehailing company Uber has shut down operations in Nigeria and Uganda, ending a 12year presence in Africas most populous nation and a decade of service in the East African country.

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