Uber exits Nigeria, Uganda: Why Africa's ride-hailing market is getting tougher
Uber has officially ended its operations in Nigeria and Uganda, marking a significant retreat from these markets.
This decision comes as a result of escalating operating expenses and fierce competition, which have negatively impacted ride-hailing fares and driver earnings.
Rising costs for fuel and vehicle upkeep weighed heavily on drivers' incomes.
Despite this setback, Uber continues to prioritize other sub-Saharan African markets where growth seems promising.
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