in ,

SafeBoda to close down Kenya operations

Kenya ride hailing company SafeBoda announced the sudden exit of the Kenyan market

SafeBoda
Share

SafeBoda, the East African 2-wheeler ride-hailing company is finally exiting the Kenyan market. The decision was communicated on its Twitter platform arguably due to operational challenges since the Covid-19 pandemic hit.

SafeBoda argues that the Boda Boda business has borne the brunt of the pandemic. Generally, the transport sector is recovering but the company is yet to achieve sustainability. The e-mobility startup has been operating in Nairobi and has complemented the e-taxis with convenience and flexibility.

Among the Covid-19 protection measures are maintaining a one-meter social distance which only gets harder when riding a motorcycle. Many have continued to use the rides but the numbers are not enough to meet a sustainable bottom-line. Operations throughout Nigeria and Uganda will remain on. In Kenya, normal SafeBoda will officially cease to exist on the 27th of November.

Share

What do you think?

0 points
Upvote Downvote

Total votes: 0

Upvotes: 0

Upvotes percentage: 0.000000%

Downvotes: 0

Downvotes percentage: 0.000000%

Leave a Reply

Your email address will not be published. Required fields are marked *

iGDP

Kenya to earn Ksh 1.4 Trillion from the digital economy by 2025

Petroleum

AFDB grants $500,000 grant for capacity development of petroleum MSMEs in pipeline corridor