Wednesday , July 24 2019

Uber plans to launch boat taxis in Nigeria’s capital city

Bloomberg

Uber Technology is planning to launch its boat business in Lagos, Nigeria’s commercial capital and biggest city, to beat traffic congestion.
The ride-hailing service company is in talks with the Lagos state government and regulatory authorities to start Uber Boats services on its waterways, Uber’s Chief Business Officer Brooks Entwistle said in an interview.
“We know the traffic is a priority and we think we can help there,” Entwistle said. “We are having fruitful good discussions with the regulators right now, it is what we are doing this week, we are meeting with partners.”
The executive did not give a time line on when the service will begin.
Lagos, sub-Saharan Africa biggest city with an estimated population of 22 million, is known for its traffic congestion leaving commuters spending hours in their cars. Public transport services are scarce and unreliable.
Its vast waterways provide good transport options but they are hardly used.
Uber, which faces competition from Estonian-ride hailing firm Bolt, said it would seek partnership with local players for the service.
It currently has 1.3 million active riders and 36,000 drivers in Sub-Saharan Africa. The US-based company said its franchise in Africa is still at early stages.
“Our strategy is in every country we going into we want to find local partners to help us with our business,” Entwistle said. “Partnership is core to our business.”
San Francisco-based Uber launched a boat service in Egypt in 2017. The company has expanded the service to cities including Mumbai and along the Croatian coast.

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