Tag Archives: American Businesses in Africa

Uber Considers Expanding into Senegal’s Capital

By Esha Sarai

But in a city full of taxis and drivers who don’t have smartphones, the San Francisco-based company will have to overcome a lot of challenges to be useful to Dakar residents and turn a profit. The city, like most African capitals, has an abundance of taxis. In most parts of the city, any time day or night, it’s easy to find a ride. But the city is rapidly expanding, and Uber says it has seen an opportunity to move in. Read more

Uber Targets Expansion In Fast-Growing West African Markets

By Alexis Akwagyiram

LAGOS (Reuters) – Global ride-hailing firm Uber Technologies Inc is in talks with regulators over plans to expand into two West African countries and provide a boat service in Nigerian megacity Lagos, a company executive has said .

In much of sub-Saharan Africa there are low levels of personal car ownership, rapidly expanding populations and a lack of efficient mass transport systems in fast-growing cities. Read more

12 African Leaders Set To Attend US-AFRICA Summit

By Olumide Oyekunle

12 African leaders, over 1000 American and African private sector executives. Who is going and who is not?

Organizers hope to bring more than 1,000 American and African private sector executives, international investors, senior government officials, and multilateral stakeholders. The aim will be to open up the African market to US Investors in the wake of recent Chinese resolute incursions. Read more

Microsoft to spend US$100 million on Kenya, Nigeria tech development hub

Microsoft Corp will invest US$100 million to open an Africa technology development centre with sites in Kenya and Nigeria over the next five years, the company said.

Global tech giants, including Alphabet Inc and Facebook, have been increasing investment on the continent in recent years to take advantage of growing economies with rising access rates to the internet by a youthful population. Read more

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