#4: African Mobility Tech (Uber, Taxify & others) - How ridesharing is changing transportation across Africa
Afrobility: Africa Tech and BusinessPlay episode
Show notes
Overview: In this episode, we discuss ridesharing in Sub-Saharan Africa. We discuss transportation in major African cities, the entry, impact & business models of ridesharing platforms & end with our views on the future outlook of ridesharing platforms
Companies discussed: Uber, Bolt / Taxify & OPay (Opera Pay)
Business concepts discussed: Low end disruption, Bottom of the pyramid (BOP) solutions, customer segmentation, product localization & marketplace differentiation
Conversation highlights:
(00:30) - Transportation and Mobility context in sub-Saharan African cities
(04:35) - Uber’s history and entry into Africa via South Africa
(09:05) - Uber’s advantages in African markets
(11:00) - Uber’s adaptations to succeed in African markets
(16:00) - Uber’s pricing strategy in African cities
(21:40) - How drivers in African cities choose between different services
(22:55) - Ridesharing companies and government relations
(27:00) - Ridesharing competition in Nigeria
(33:00) - “Driver-friendly” vs “Rider-friendly” ridesharing services
(36:50) - Ridesharing business models in Nigeria
(39:15) - OPay (Opera Pay) competition
(40:15) - Bankole’s overall thoughts and outlook
(42:25) - Olumide’s overall thoughts and outlook
Olumide’s recommendations & small wins:
Case-Shiller U.S. National Home Price Index
Khan Academy bankruptcy video
China Tech Podcast
Bankole’s recommendations & small wins:
The future of work is not all that remote (by Byrne Hobart)
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