Ride-sharing company Bolt opens African hub in Nairobi

Companies

Ride-sharing company Bolt opens African hub in Nairobi


Ride-sharing company Bolt has launched its African hub in Nairobi, joining a growing list of tech companies that have their sights set on Kenya to expand in the region.

The Estonia-based company has opened its Africa headquarters at Riverside Drive, which will house senior executives overseeing operations in the region.

Bolt currently operates in seven African countries including Kenya, Uganda, Tanzania, Nigeria, Ghana, South Africa and Tunisia.

The company did not have a centralized African office but operated offices in respective subsidiaries.

“Its strategic location in the region and the infrastructure available has allowed us to grow tremendously in the East African market and we believe we can leverage this to do even more across the continent. “said Bolt Regional Manager Paddy Partridge.

The company says it will use Nairobi’s strategic location on the mainland to expand into other Comesa markets as it increases its market share in the ride-sharing sector.

“This is just the beginning, and we hope it will allow us to develop a coherent model of sustainable cities engagement that will help improve municipal services and urban transport for the millions of people in the region,” said declared Mr. Partridge.

Bolt joins other tech companies that have set up hubs and labs in Nairobi in their race to tap into the African market.

US tech giant Microsoft earlier this year opened a 3 billion shillings ($27 million) office and labs for its main engineering hub, the African Development Center (ADC).

ALSO READ: Microsoft opens 3 billion shillings tech talent center in Kenya

Google is also investing in its first-ever Africa product development center in Nairobi as part of the tech company’s 115.5 billion shillings investment in the continent over the next five years.

ALSO READ: Google to open tech hub in Nairobi as part of 115.5 billion shillings investment in Africa

Other companies setting up shop in Kenya include Amazon Web Services, a subsidiary of Amazon, which is opening a data center and card payment company Visa.

Laura J. Boyer