Asset financiers to the rescue as Bolt plans to sign-up 200,000 new drivers in Africa to meet growing demand for ride-hailing services
https://techcrunch.com/2022/01/28/asset-financiers-to-the-rescue-as-bolt-plans-to-sign-up-200000-new-drivers-in-africa-to-meet-growing-demand-for-ride-hailing-services/
Bolt, the Estonian mobility tech company that recently closed a huge round, is planning to onboard an additional 200,000 drivers in Africa this year, as it kicks-off expansion to more cities within its existing markets while keeping up with the growing demand for e-hailing services across the continent.
Bolt’s Africa regional director, Paddy Partridge, told TechCrunch that the ride-hailing firm has experienced a spike in on-demand transportation services, and that the current drivers – especially in Ghana and Nigeria where “there’s a real shortage of cars” – are not enough to meet this growth.