Bolt – Tech | Business | Economy https://techeconomy.ng Tech | Business | Economy Wed, 03 Jun 2026 12:56:20 +0000 en-GB hourly 1 https://wordpress.org/?v=7.0 https://techeconomy.ng/wp-content/uploads/2025/06/cropped-256Px-32x32.png Bolt – Tech | Business | Economy https://techeconomy.ng 32 32 Bolt Send: What You Can and Can’t Deliver Under the ₦50,000 Value Limit https://techeconomy.ng/bolt-send-guidelines-prohibited-items-nigeria/ https://techeconomy.ng/bolt-send-guidelines-prohibited-items-nigeria/#respond Wed, 03 Jun 2026 12:56:20 +0000 https://techeconomy.ng/?p=182787 Bolt has urged customers to familiarise themselves with Bolt Send guidelines and use the service responsibly to ensure safe, reliable and seamless package deliveries.

As more Nigerians turn to on-demand delivery services for personal and business needs, Bolt says understanding what can and cannot be sent through Bolt Send is essential to protecting customers, recipients and courier partners.

Bolt Send is designed specifically for package deliveries and is ideal for sending documents, clothing, small gifts, forgotten personal items and small business deliveries.

However, the company has observed instances where customers attempt to send items that fall outside the service’s terms and conditions, creating avoidable risks and delivery challenges.

According to Bolt, customers should not send items valued above ₦50,000, as packages delivered through Bolt Send are insured up to that amount.

The company also prohibits the transportation of illegal items, weapons, drugs, toxic substances, flammable materials, highly fragile goods and highly perishable items.

To ensure a smooth delivery experience, users are encouraged to properly package and seal items before pickup, ensure parcels weigh no more than 25kg, and have packages ready before a courier partner arrives. Accurate pickup and drop-off details should also be provided to avoid delays and delivery issues.

The company noted that by placing an order through Bolt Send, customers agree to the platform’s terms and conditions and share responsibility for ensuring that packages comply with the service guidelines.

Most deliveries on Bolt Send are completed successfully every day. Following these simple guidelines helps create a safer experience for everyone involved while ensuring the service remains reliable for users who depend on it,” Teddy Appah-Dankyi, Bolt’s Senior General Manager, West Africa commented.

Bolt warned that misuse of the service may result in account restrictions, removal from the platform, or reports to relevant authorities where necessary.

The company encouraged customers to review Bolt Send guidelines before placing an order and to contact customer support if they are unsure whether an item is eligible for delivery.

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Bolt Launches Children’s Day Campaign to Support Vulnerable Families in Nigeria https://techeconomy.ng/bolt-rides-that-care-childrens-day-nigeria/ https://techeconomy.ng/bolt-rides-that-care-childrens-day-nigeria/#respond Wed, 27 May 2026 07:44:44 +0000 https://techeconomy.ng/?p=182180 To mark Children’s Day, Bolt has launched its “Rides That Care” campaign in partnership with SOS Children’s Villages Nigeria, an initiative aimed at supporting vulnerable children and youth through trips taken on the Bolt platform.

Running from May 27 to May 31, part of earnings from rides completed during the campaign period will be donated to SOS Children’s Villages Nigeria to support programmes focused on child care, family strengthening and community support.

The campaign aims to make giving simple and accessible, allowing riders to contribute to the initiative through their everyday trips around the city.

SOS Children’s Villages Nigeria works to ensure children without parental care, or at risk of losing it, grow up with the support, protection and opportunities they need.

Commenting on the campaign, Teddy Appah-Dankyi, Bolt’s senior general manager, West Africa said: “Children’s Day is an important moment to reflect on the kind of support systems children and families need to thrive.

“Through the Rides That Care campaign, we wanted to create a simple way for everyday movement to contribute to something meaningful. We believe even small everyday actions, when multiplied across a community, can make a real difference in supporting vulnerable children and families.”

The campaign also reiterates Bolt’s commitment to supporting communities beyond mobility by leveraging its platform to create positive social impact.

Throughout the campaign period, riders will not be required to take any additional steps or make separate donations, as contributions will be made automatically through eligible rides completed on the platform.

In turning everyday trips into acts of support, the Bolt Children’s Day campaign aims to encourage collective participation in helping vulnerable children and families across Nigeria.

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Why Innovation is Now the Price of Staying in Business https://techeconomy.ng/why-innovation-is-now-the-price-of-staying-in-business/ https://techeconomy.ng/why-innovation-is-now-the-price-of-staying-in-business/#respond Mon, 11 May 2026 07:30:26 +0000 https://techeconomy.ng/?p=181346 There is a hard truth many African business owners are slowly accepting: doing business the old way is no longer just inefficient but dangerous. Markets shift overnight.

Customers are better informed than ever. Technology is dismantling entire industries before incumbents can react. And serious competitors are emerging from places nobody anticipated.

In this environment, survival no longer belongs to the biggest or the oldest. It belongs to those willing to innovate consistently, deliberately, and early.

Innovation Helps Businesses Solve Real Problems Faster

At its core, innovation is simply finding better ways to solve problems. Businesses that embrace it ask relentless questions: How can we serve customers faster? How can we cut waste?

How can we make our product easier to access? That problem-solving mindset creates advantages that competitors struggle to close.

Flutterwave offers a compelling example. Before fintech companies gained serious traction across Africa, cross-border payments were a genuine obstacle for businesses and individuals alike.

Flutterwave built a seamless solution around that pain point and grew into one of the continent’s most recognised technology companies as a result.

The lesson applies just as clearly to smaller businesses. A local fashion brand using WhatsApp automation, mobile payments, or same-day delivery is already innovating, and the results typically show in both customer satisfaction and revenue.

Customers Gravitate Naturally Toward Better Experiences

Customers may not always understand the technology behind a product, but they understand convenience. Innovation-driven businesses build experiences that remove friction from people’s lives, and once customers find that ease, they rarely retreat to the alternative.

Consider how ride-hailing platforms transformed urban transport across many African cities. Before services like Bolt and Uber scaled across the continent, getting reliable transportation often involved uncertainty and price haggling.

These platforms introduced real-time tracking, digital payments, transparent pricing, and safety features. The experience was simply better, and the market responded.

This is why traditional businesses face mounting pressure. Customers now benchmark every experience against the best experience they have had anywhere. If your service feels slow or outdated, they will notice, and they will leave.

Innovation Improves Efficiency and Reduces Costs

Many African businesses bleed money through inefficiency without ever identifying the source. Poor record-keeping, manual operations, outdated systems, and preventable delays quietly erode profits every quarter. Innovation addresses this directly.

A supermarket that implements inventory management software reduces losses from expired stock. A logistics company using route optimisation cuts fuel expenditure.

A farm deploying digital tools for weather monitoring and supply tracking improves yield without expanding its cost base. These are not dramatic technological leaps but practical improvements that compound over time.

This operational edge is one of the core reasons innovation-driven businesses tend to outperform competitors financially. They waste less, decide faster, and run leaner.

Innovative Businesses Attract Better Talent and Partnerships

Skilled professionals want to work where ideas are valued. Investors gravitate toward businesses that are adaptable and forward-thinking.

When a business builds a culture of innovation, it becomes a magnet for the people and partnerships that accelerate growth.

M-KOPA illustrates this well. By creating a flexible financing model that gives underserved Africans access to smartphones and clean energy products, M-KOPA unlocked a customer base that traditional financial systems had long ignored. That innovative approach attracted both talent and capital, and created durable competitive positioning in the process. Businesses that innovate signal to the market that they are building for the future, not managing the present.

Innovation is Not Only for Large Companies

One of the most persistent and damaging misconceptions is that innovation requires significant capital. It does not.

Some of the most effective innovations in Africa are simple: using social media to reach customers directly, accepting digital payments, automating support responses, offering subscription-based pricing, or using basic data to understand buying behaviour.

Innovation begins as a mindset long before it becomes a budget line. A small business owner who listens carefully to customers and improves consistently has a stronger competitive foundation than a larger company paralysed by legacy habits.

The Businesses That Will Lead Africa’s Future

Africa is entering a defining economic moment. A young population, growing internet penetration, expanding digital infrastructure, and surging entrepreneurial energy are creating conditions that reward agility and punish complacency.

The businesses that lead will not necessarily be the oldest or the loudest brands. They will be the ones that keep evolving, staying close to customer needs, responding quickly to change, operating efficiently, and creating experiences worth returning to. In today’s market, innovation is not a competitive advantage. It is the admission price.

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Bolt Launches Health Insurance for Drivers in Partnership with Bastion Health https://techeconomy.ng/bolt-driver-health-insurance-nigeria/ https://techeconomy.ng/bolt-driver-health-insurance-nigeria/#respond Wed, 18 Mar 2026 11:35:53 +0000 https://techeconomy.ng/?p=178044 Bolt has partnered with Bastion Health Limited to provide health insurance packages to its driver-partners across Nigeria. 

The initiative aims to give drivers access to affordable healthcare, a benefit many independent drivers normally lack.

The programme allows drivers to choose coverage for themselves and their dependents through a pooled plan, which offers discounted premiums and faster access to services.

Bolt says this will help drivers manage their health while continuing to earn.

Weyinmi Aghadiuno, head of Regulatory and Policy, Africa, said: “Driver wellbeing is critical to the long-term health of the mobility ecosystem. This partnership with Bastion Health is designed to make quality healthcare more accessible and affordable for drivers, helping them protect their health while continuing to earn on the platform.

By negotiating group benefits for drivers, we’re able to lower barriers to healthcare access and create meaningful support for our driver community.”

The plans combine flexibility and affordability, giving drivers options that traditional individual insurance plans usually do not. Bastion Health’s digital platform makes it easy for drivers to learn about, enrol in, and manage their coverage.

Bolt also noted the safety benefits of the programme. Healthier drivers are more alert on the road, which could lead to fewer accidents. The company said the initiative is part of a goal to support drivers with financial, safety, and well-being programmes.

Beyond the driver health insurance innovation, Bolt is continually seeking partnerships to bolster the gig economy, striving to address the needs of drivers while promoting the long-term sustainability of the ride-hailing ecosystem.

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Bolt, FRSC Train Over 100 Drivers and Couriers on Road Safety in Abuja https://techeconomy.ng/bolt-frsc-road-safety-training-abuja-drivers/ https://techeconomy.ng/bolt-frsc-road-safety-training-abuja-drivers/#respond Mon, 09 Mar 2026 09:21:29 +0000 https://techeconomy.ng/?p=177413 Ride-hailing platform Bolt has completed a road safety education programme for its driver-partners and couriers in Abuja, working with the Federal Road Safety Corps (FRSC).

The training was organised with the FRSC RS7.1 FCT Sector Command and focused on improving safety for drivers, riders and other road users.

More than 100 drivers and couriers attended the sessions, with FRSC officials leading discussions on responsible driving, traffic law compliance and defensive driving techniques. They also spoke about fatigue management and the dangers of drunk driving.

Participants received guidance on key traffic regulations, including speed limits, seatbelt use and safe overtaking. The sessions also addressed alcohol-impaired driving and the risks drivers face when they operate without adequate rest.

Bolt says the programme is part of its goal to strengthen awareness among professional drivers and reduce avoidable crashes on Nigerian roads.

Speaking on the collaboration, Bolt’s head of Regulatory and Policy, Africa, Weyinmi Aghadiuno said the company sees safety as central to how mobility platforms operate.

Safety is fundamental to how mobility platforms operate, and it goes beyond technology. Partnering with the FRSC allows us to equip our driver-partners and couriers with practical knowledge to navigate Nigerian roads safely every day. Our goal is to ensure that both drivers and riders feel confident using the platform while contributing to safer cities overall.”

During the engagement, organisers also referenced findings from Bolt’s Safety Perception Survey released last year. According to the survey, two-thirds of respondents believe ride-hailing services help reduce drunk driving by offering a reliable transport alternative.

FRSC officials say partnerships like this can improve road safety outcomes. The FCT Sector Commander, Corps Commander Felix N. Theman rsss, fnarc, welcomed the initiative and encouraged drivers to follow road regulations.

Road safety is a shared responsibility. Continuous education and compliance with traffic regulations are critical in preventing road crashes. We commend Bolt for working with the Corps to sensitise its drivers and couriers, and we encourage all road users to prioritise safe driving practices at all times.”

The programme included presentations, interactive sessions and open discussions. Drivers asked questions directly and received clarifications on traffic regulations and safe operating practices.

Bolt and FRSC say cooperation between regulators and private mobility platforms can help improve driver behaviour and safety awareness.

Bolt added that it will continue working with authorities and driver communities to support road safety initiatives across Nigeria.

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Bolt Surprises Loyal Riders with Premium Gifts at Start of 2026 https://techeconomy.ng/bolt-surprises-loyal-riders-2026/ https://techeconomy.ng/bolt-surprises-loyal-riders-2026/#respond Fri, 16 Jan 2026 12:38:29 +0000 https://techeconomy.ng/?p=174362 Bolt kicked off the new year by rewarding a select group of riders for their loyalty throughout 2025.

The ride-hailing company recently distributed high-value gifts, including AirPods Pro, an iPhone 17 Pro, and curated hampers, to riders who consistently used the app. 

Selection was based on usage frequency and regularity, rather than competitions or public nominations.

The initiative builds on Bolt’s 12 Rides of Cheer campaign, which ran briefly at the end of last year. During the campaign, riders who booked trips as usual were randomly rewarded with promo codes, hampers, and small surprises, with no entry requirements or sign-ups.

Bolt has said the campaign was not intended as a festive giveaway, but rather a recognition of everyday travel, airport transfers, short city trips, late-night rides, and routine errands that form the bulk of platform activity.

Some recipients were reportedly caught completely off guard, discovering premium rewards during routine bookings.

The company has been expanding loyalty-focused programmes beyond drivers to riders and plans to continue recognising regular users through both surprise campaigns and ongoing benefits.

Bolt recognising its riders stresses that consistent platform use can lead to rewards that go beyond simply getting from one place to another.

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Bolt Sees Steep Rise in Airport Rides as Holiday Travellers Flood Nigerian Cities for Detty December https://techeconomy.ng/bolt-airport-rides-detty-december/ https://techeconomy.ng/bolt-airport-rides-detty-december/#respond Mon, 08 Dec 2025 14:46:48 +0000 https://techeconomy.ng/?p=172348 Bolt has recorded a steep growth in airport rides as thousands of travellers return to Nigeria for Detty December festivities.

The company’s latest figures show that movement into cities in the country has grown far earlier than usual this year.

Data from the platform reveals that between November 20 and December 5, airport trips in Lagos climbed by 14.9%, while Abuja saw an even steeper rise of 17.56%. 

The spike shows the early rush of Nigerians coming home, tourists landing for concerts and festivals, and families gathering for the packed holiday calendar.

The company says December usually triggers strong traffic around airports, but this year’s activity has been noticeably brisk. 

To keep pace, Bolt has increased driver presence at key terminals, tightened pick-up coordination, and issued fresh safety reminders to riders and drivers. I’ve seen this pattern each year, but the build-up appears heavier and more intense now.

Weyinmi Aghadiuno, Bolt’s head of Regulatory & Policy for Africa, described the trend as a sign of the platform’s growing role during Nigeria’s busiest travel period. 

In her words: “We’re excited to see more people coming into Nigeria to enjoy Detty December, and our goal is to make their arrival as smooth as possible. Whether it’s riders heading from the airport to their hotels, events, or family homes, Bolt remains committed to providing reliable, convenient, and safe mobility throughout the festive season. 

“This season is all about connection, reuniting with loved ones and experiencing the best of Nigerian entertainment. Bolt is here to help people get to the heart of that experience, starting from the moment they land.”

With more arrivals expected in the coming weeks, the firm expects the rate to build. Bolt says it will continue to reinforce operations across all locations as the festive crowds reach their peak.

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Nigeria Becomes Bolt’s Second-Highest Market for Dash Cam Adoption with 1,596 Drivers https://techeconomy.ng/nigeria-bolt-dash-cam-adoption-drivers/ https://techeconomy.ng/nigeria-bolt-dash-cam-adoption-drivers/#respond Wed, 19 Nov 2025 17:18:00 +0000 https://techeconomy.ng/?p=171370 Nigeria has emerged as one of Bolt’s fastest-growing safety-technology markets, recording 1,596 drivers already using the company’s in-app dash cam feature barely months after its rollout in August 2025. 

The figure places the country second globally in adoption, ahead of several long-established European and Asian markets.

The dash cam feature turns a driver’s smartphone into a dual-facing recording tool, capturing activity inside and outside the vehicle. Bolt says the system was introduced to create stronger evidence trails, discourage unsafe behaviour, and address disputes quickly when incidents occur. 

All footage is stored securely in the cloud and is only accessed when needed for investigations, insurance reviews, or safety checks.

Adoption in Nigeria has increased partly because the initiative is powered by Bolt’s partnership with Driver Technologies, a U.S. firm known for mobile-based dash cam software. 

Through this arrangement, drivers receive cloud storage and premium safety functions at a discounted monthly rate after a one-month free trial, making the tech inexpensive and easy to scale across different Nigerian cities.

For many users, the feature adds another layer to existing safety tools already built into the Bolt platform, GPS tracking, driver identity checks, trip-sharing options, and real-time support channels. 

Bolt’s latest Safety Perception Survey shows that Nigerian riders and drivers generally see app-based mobility as safer than traditional transport and believe features like the dash cam significantly strengthen their sense of security during trips.

Speaking on the strong reception, Weyinmi Aghadiuno, Bolt’s head of Regulatory & Policy for Africa, said: “Safety is at the heart of everything we do at Bolt. Initiatives like the dash cam, coupled with our ongoing education and awareness efforts, are central to our mission of ensuring every trip is safe, transparent, and respectful. 

We’re encouraged to see Nigerian drivers leading the way in embracing this innovation, the strong uptake demonstrates our drivers’ commitment to providing safer rides and reinforces Nigeria’s leadership in adopting technology that protects both riders and drivers.”

With the growth rate, Bolt plans to extend the dash cam programme to more cities, including Lagos, Abuja, Port Harcourt and Ibadan. 

The company is also boosting engagement with regulators and safety groups to embed dash cam footage into incident-reporting and accountability frameworks. 

The expansion, Bolt says, will ensure a stronger safety culture across Nigeria’s urban mobility network.

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Customer Service Week: Bolt Celebrates the Unsung Heroes Who Keep Its Wheels Turning https://techeconomy.ng/bolt-customer-service-week-2025-celebration-nigeria/ https://techeconomy.ng/bolt-customer-service-week-2025-celebration-nigeria/#respond Tue, 07 Oct 2025 14:15:34 +0000 https://techeconomy.ng/?p=168854 Without drivers who brave the Lagos traffic and riders who put their trust in them daily, the so-called “ride-hailing revolution” would grind to a halt. This week, Bolt decided to pause and pay tribute to those very people, the men and women who keep its green logo in motion.

In the spirit of Customer Service Week, the mobility giant rolled out a series of activities and giveaways across Nigeria to appreciate its drivers and riders. Themed “Bolt Says Thanks” and “Our Daily Heroes,” the celebration is more about gratitude to those who make the platform function day after day.

For drivers, Bolt is dishing out commendable rewards. About 300 drivers across 10 cities are receiving ₦5,000 Chicken Republic meal vouchers, a small but heartfelt nod to their daily grind. 

In Lagos, 150 drivers will get something extra; a proper lunch at the Bolt Driver Engagement Centre on Thursday. The company promises a day of good food, laughter, and lucky dips, where the spin of a wheel could win a prize or two.

Riders, too, aren’t being left out. At Ikeja City Mall (ICM), Bolt is setting up an activation hub where customers can engage in games and walk away with prizes. For the digital crowd, the company is also hosting an Instagram Bingo game with a tempting reward; ₦1 million worth of ride credit for one lucky winner.

And that’s not all. Throughout the Customer Service Week, Bolt plans to hand out more surprises, including spa sessions, shopping vouchers, and even more meal vouchers, as tokens of appreciation for loyal users who have made Bolt their preferred choice in a fiercely competitive market.

Speaking on the initiative, Osi Oguah, General Manager, Bolt Nigeria, said: “At Bolt, we believe our drivers and riders are the real heroes who make what we do possible every single day. This week is about saying thank you to them for their dedication, loyalty, and the positive spirit they bring to our community. ‘Bolt Says Thanks’ is our way of celebrating their everyday efforts and showing that we truly appreciate them.”

For Bolt, the celebration is a statement of value, not just about giving gifts. In spotlighting the people behind the app, the company stresses a message usually lost in corporate noise: no algorithm can replace human effort.

As Customer Service Week unfolds, we see that while technology may boost the operations of Bolt, it’s the people behind the wheel and in the backseat who truly drive the brand forward.

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Kenya’s eBee Cuts Staff, Faces Tax Blow as Electric Bike Uptake Stalls https://techeconomy.ng/ebee-kenya-layoffs-tax-dispute-electric-bikes/ https://techeconomy.ng/ebee-kenya-layoffs-tax-dispute-electric-bikes/#comments Fri, 29 Aug 2025 15:44:11 +0000 https://techeconomy.ng/?p=166193 Kenyan electric mobility startup eBee has scaled back its operations after cutting nearly its entire workforce, exposing cracks in the country’s drive for two-wheeled electrification.

By early 2025, the company, with a goal to place one million e-bicycles on African roads by 2030, had dismissed most of its 50 employees across departments. 

Internal documents sent to staff in February cited “a substantial decline in revenue, extremely high cost of operations, an unsustainable employee wage bill, and restructuring of the business to adopt a leaner, more efficient structure.”

Barely 10 employees remained after the first round of layoffs, but they too left by mid-year. “We understand that this news is difficult, and we share in the sadness of having to take these steps,” the company wrote in its redundancy notice. 

Please know that we are doing everything we can to minimize the impact of these layoffs, and that the decision is driven solely by the need to ensure the company’s sustainability in the face of the current economic climate.”

This reveals a challenge in Kenya’s e-mobility market, where delivery riders and commuters are opting for electric motorbikes instead of bicycles. Riders point to cost and power. 

eBee’s eBX model, priced at KES 99,999 ($774) or about KES 9,500 ($74) per month on lease, remains far out of reach for the very workers it targeted, such as boda boda operators. Even with financing options, demand never picked up.

The company’s problems increased when the Tax Appeals Tribunal ruled against it in February 2025 in a dispute with the Kenya Revenue Authority (KRA). eBee had declared its imports as parts for local assembly, which would attract a 10% duty, but regulators disagreed. 

The tribunal ruled the shipments were fully built electric bicycles, subjecting them to a 25% import duty, 16% VAT, and an excise duty of KES 10,520 per unit. The decision left eBee with an additional tax bill of KES 2.78 million ($20,857).

The ruling stressed that the motor, not the battery, is the key defining part of an electric bicycle. eBee’s claim that sourcing batteries locally qualified its products as “assembled in Kenya” was dismissed. 

Industry watchers warn the case could set a precedent for other electric mobility firms, including BasiGo, Ampersand, and Spiro, which also rely on importing parts.

eBee, however, says it is not shutting down. In a written statement, the startup said it “remains operational and focused on serving customers and partners” while maintaining warranty and after-sales services. It also noted a “renewed strategy to strengthen commercial traction and ensure sustainable growth,” but gave no details on which locations were being merged or what form the strategy would take.

Founded in 2021 by Sten Van Der Ham, Jaap Maljers, Isidoor Maljers, and Joost Boeles, eBee built its brand on assembling and leasing e-bikes for courier companies such as Jumia, Glovo, and Bolt. 

The startup also expanded into Uganda and Rwanda through partnerships. Models like the Nyuki cargo bike, retailing at KES 119,999, were marketed for last-mile delivery.

But the timing worked against it. Kenya’s EV adoption remains weak. By mid-2025, only 671 electric vehicles were officially registered, nearly half of them motorcycles. A report by ALN Kenya has already called for clearer tax guidelines, incentives, and stronger public-private partnerships to prevent more startups from folding under regulatory and financial pressure.

Leadership changes have added more tension. In March, CEO and co-founder Sten Van Der Ham resigned, weeks after the company lost its tax dispute. His departure revealed the fragility of a business once seen as a pioneer in Africa’s clean mobility revolution.

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