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safeboda

A collection of 6 posts

How the “NSA 2022” can restore Investors’ Confidence as Tech Startups pull out of Nigeria

Nigerian Startup Act

How the “NSA 2022” can restore Investors’ Confidence as Tech Startups pull out of Nigeria

The much-anticipated Nigerian Startup Act “NSA 2022” a federal piece of legislation introduced in March 2019 by the Nigerian Senate was finally signed into law by His Excellency, President Muhammadu Buhari, GCFR on October 19, 2022, to support the development of tech startups in Nigeria. The Act identifies the key

SafeBoda loses about 170 million customers in Nigeria

SafeBoda loses about 170 million customers in Nigeria

Maybe SafeBoda didn’t have a master plan after all as it has halted its operations in Nigeria. The e-hailing startup was originally founded in 2017 when it began operations in Uganda. It would rapidly spread out its wings to Kenya (an East African market with booming tech potential) until

Bike-Hailing Business Perils in Nigeria: Examining SafeBoda's Masterplan

Alastair Sussock

Bike-Hailing Business Perils in Nigeria: Examining SafeBoda's Masterplan

After the Lagos state government ban on motorcycles, residents are having to deal with fare hikes and staking their mental health. The ban has also led to the diversification of startups such as Maxng, and Gokada as well as failed business operations as in the case of OPay‘s ORide

Bike-Hailing Businesses Perils in Nigeria: Diversification as a Means to What End?

Bike-Hailing Businesses Perils in Nigeria: Diversification as a Means to What End?

To live in Lagos is to survive a living hell – or so it seems. Waking up by 4 am to escape the traffic or at least to get to work early amidst traffic, then having to join the evening rush hour with a population of not less than 15 million

Bike-hailing business perils in Nigeria

Bike-hailing business perils in Nigeria

According to a 2021 data by Statista, Nigeria is the largest economy in Africa with its Gross Domestic Product (GDP) at $441. 54 billion preceding South Africa and Egypt with GDP valued at $418.02 billion and $402.84 billion respectively. In the same vein, tech startups in Africa raised

SafeBoda launches new product to compete with existing ride-hailing companies

SafeBoda launches new product to compete with existing ride-hailing companies

SafeBoda has launched its new product, SafeCar, its ride-hailing service in Uganda and Nigeria. The product now serves as a competitor to existing taxi ride-hailing companies such as Uber, Little and Bolt in Nigeria and Uganda markets. Launched in 2017 in Uganda as its first market and first ride-hailing company