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News Products Bolt DR Congo

Bolt launches in DR Congo

The company seeks to capitalize on the booming ride-hailing market in Africa.

David Adubiina profile image
by David Adubiina
Updated
Bolt launches in DR Congo
Photo by Humphrey Muleba / Unsplash

Ride-hailing company Bolt (currently valued at $8 billion) is extending its launch to the Democratic Republic of Congo (DRC). This debut follows a string of entries into Botswana, Egypt, Zimbabwe, and Namibia in the first quarter of 2024. 

The company seeks to capitalize on the booming ride-hailing market in Africa. Bolt market valuation is projected to reach $2.98 billion by 2028 with over 200 million users.

To attract drivers, the company is offering a commission-free grace period of 6 months in their new launch cities which not only benefits riders with increased options but also empowers drivers with better-earning potential.

David Adubiina profile image
by David Adubiina
Updated

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