Uber exits Nigeria, Uganda: Why Africa's ride-hailing market is getting tougher
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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. What's Your Reaction?
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