UBER EXITS NIGERIA AND UGANDA BY SEPTEMBER 2

The ride-hailing giant confirmed the withdrawal after assessing its global portfolio. The exit marks a significant pullback from West Africa, where Uber had maintained a presence for nearly a decade in Nigeria—its largest African market. Uber's decision reflects broader challenges in African operations, including regulatory hurdles, intense local competition, and profitability concerns. The company has faced similar pressures across multiple emerging markets. Meanwhile, Uber is expanding its autonomous vehicle ambitions. The company launched London's first commercial robotaxi service using Wayve's autonomous driving technology. The initial fleet will operate with human safety drivers, featuring Wayve's lidar-free system that relies on camera-based vision. The contrasting moves underscore Uber's strategic shift: retreating from unprofitable ride-hailing markets while investing in next-generation mobility technology in developed economies.