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Uber’s rival, Bolt, has opened its first African headquarters in Nairobi, Kenya. The new office will serve as a regional hub for the top managers and staff running operations across the continent. Bolt, which Markus Villig founded in 2013, has more than 100 million customers in over 45 countries. The company operates in seven countries across Africa, including Kenya, Uganda, Tanzania, Nigeria, Ghana, South Africa, and Tunisia. The famous ride-hailing company decided to open its first regional hub in Africa due to rapidly growing demand. The head office will be

Bolt is planning to onboard an additional 200,000 drivers in Africa this year, as it kicks off an expansion to more cities within its existing markets while keeping up with the growing demand for e-hailing services across the continent. The news comes just days after it announced a fresh round of €628m (£52m) at a valuation of €7.4bn (£6.5bn). The round, led by Sequoia Capital and Fidelity Management and Research Company LLC, with participation from Whale Rock, Owl Rock, D1, G Squared, Tekne, Ghisallo, and others, brought the total raised

Bolt is set to roll out electric taxi options in South Africa four months after introducing e-bike food delivery services as part of its mission to expand across the continent rapidly. The move comes amid plans by Uber to test a carpooling and rideshare service in Nairobi, with ideas to also roll it out in Ghana and Nigeria. Bolt’s electric taxi option is part of the company’s “green category” initiative. The system lets riders only hail an electric or a hybrid vehicle – which is considered more environmentally friendly. The firm