UBER EXITS NIGERIA, UGANDA IN GLOBAL RESTRUCTURE

The ride-hailing company will cease services in both African markets, marking a significant withdrawal from the region. The decision follows Uber's strategic evaluation of its international operations. Uber has operated in Nigeria since 2014, establishing itself as a major player in the continent's ride-sharing sector. The company also provided services in Uganda through its platform. The exits align with Uber's larger restructuring efforts, which have included workforce reductions and operational adjustments globally. The company has been rationalizing its presence in markets where profitability remains challenging. Drivers and users in both countries will need to transition away from the platform by the September deadline. Uber did not immediately detail transition plans or support mechanisms for affected stakeholders. The move reflects ongoing pressure on ride-hailing platforms to achieve profitability, with many companies reassessing their international footprints.