Another ride hailing service company in Nigeria -Solride

Another ride hailing service company in Nigeria -Solride

Just last week, we sampled opinions on “How safe ride hailing companies are?”

Solride has joined the list of ride hailing services in Nigeria. It has just been launched in Lagos, Nigeria with riders having access to options of different modes of transportation (salon cars, motorcycles, tricycles, and SUVs), ride scheduling, rental as well as detailed maps.

Solride according to a press release is set to offer a unique combination of different vehicles, delivering endless possibilities and revolutionizing the concept of transportation in Nigeria and sub-Saharan Africa.

Solride wants to attract drivers with its unique driver-controlled price mechanism algorithm that will see the drivers individually control price during regular, peak and off-peak business hours.

Instead of employing dynamic pricing, where prices generically increase or decrease based on demand, Solride empowers individual drivers to regulate prices themselves within a stipulated range.

Both riders and drivers are able to use digital channels integrated into the app to make payments where applicable. And riders also get to know upfront how much they have to pay for their trip without the fear of price change after the start of the trip.

In addition, the company plans to incentivize rides by rewarding drivers who drive safely. Drivers who receive good reviews of their rides will also get the opportunity to earn additional revenue from other business streams of the company as ad hoc shareholders.

Henry Adesegha, CEO of Solchos Kefani said the company stands out with some strong and unique innovation that connects directly to consumer needs given that people will be able to switch from one mode of transportation to another without the hassle of switching ride-hailing platforms.

He as well disclosed an intention to expand to other markets in Africa by the end of the first quarter of this year. “We’re aiming to blitzscale, grow exponentially and expand to different cities in Nigeria, Ghana, Kenya, Tanzania, Rwanda and Uganda by the first quarter of 2020.” 


Tosin Agboola

Reporter with Ouut Africa.

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