Making Fortune From Electronic Cab Hailing Service

Despite the market volatility and economic instability, the electronic cab hailing services and micro mobility operator, has found a large market in Africa, mainly in Nigeria, where they create jobs and stabilise the economy through corporate ride employment.

Indeed, the electronic cab hailing service has continued to provide opportunities for riders in the emerging markets and sub-saharan African economy, while ensuring that more riders have access to it’s platform to earn more.

Bolt, and it’s rival Uber, another micro mobility competitor, have together combined more efforts to transform public transport system and improve the experiences of average Nigerian commuters, who come in contact with their services.

The electronic cab hailing sector has improved on the mobility sector, with transport infrastructure in Nigerian market by offering corporate rides which makes it a lucrative market for potential partners.

The e-ride platform is incentivising mobility in sub-saharan African markets, to further strengthen the mobility sector with earning opportunities.

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Capital Infrastructure

From market survey, findings showed that Bolt invested over €50million in Nigerian market for mobility infrastructure, media campaigns, digital tools, driving APP and tech devices. Bolt operates in 300 cities across 45 countries and most interestingly, the countries are in Europe and Africa.

Akin-Laguda, Bolt Manager said since we launched in Nigeria, we have invested more than €50 million in the country into everything from campaigns to technology and our people.

Providing Mobility For SME Businesses

Bolt has redefined mobility sector by easing free movement for SMEs and large private businesses and other corporate offices in Nigeria. This, however, is geared at supporting micro businesses in Nigeria with the efficiency to gain traction, visibility and fast coverage.

Earning Opportunities

The E-hailing sector provides riders with earning opportunities on every ride to boost their income level. The service has a detailed history overview for managers which help them to monitor trips and comes with expense reporting.

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Security

Speaking on the development, former Bolt country manager, Mr. Femi Akin Laguda, said the Implementation of the security update introduction on every platform, shows our resolve to continuously improve the security of our platforms. According to him, with this security features, our riders and drivers can be rest assured that an extra layer of security has been added.

Comprehensive Insurance

The Bolt hailing Industry, provides a comprehensive insurance plan and HMOs to cover drivers and riders on every trip. Also stating that this would further ensure employees on the Bolt platform maintain frequent health checks and a robust monthly health insurance scheme, which is one of the advantages of driving on the Bolt platform.

Vehicle Financing

Just like Bolt which launched a vehicle financing programme that will enable drivers to own a car with low equity payment, while allowing them to maintain flexibility as vehicle owners, recently, other e-hailing firms have semblance of this package.

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