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Uber shuts operations in Nigeria and Uganda with immediate effect

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Uber shuts operations in Nigeria and Uganda with immediate effect
AI Summary

Uber has announced the immediate cessation of its ride-hailing operations in Nigeria and Uganda. The company cited a strategic business review as the primary reason for the exit, while maintaining that it remains committed to other markets in sub-Saharan Africa.

Why it matters

This withdrawal highlights the ongoing challenges global tech firms face in navigating volatile emerging markets, regulatory pressures, and intense local competition.

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Share Save Add as preferred on Google Makuochi Okafor BBC Africa, Lagos Getty Images On the African continent, Uber now only operates in Egypt, Ghana, Kenya and South Africa Uber has announced it is closing its operations in Nigeria - Africa's most populous country - and the East African nation of Uganda with immediate effect

The global ride-hailing giant said it had come to the "difficult decision" after a thorough review of its business. It began operating in Nigeria in 2014 and in Uganda two years later.

Uber taxi drivers in Nigeria have long complained that prices on the app are too low, given the rising cost of fuel, and that commission charges are too high. The company has also faced pressure from rival platforms.

The announcement came as Uber's chief executive, Dara Khosrowshahi, said the company was cutting its global workforce by 10%.

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