Okadas have dominated the Lagos transportation landscape for decades. Despite several attempts at proscribing them through legislation, it has, more than the ubiquitous danfo, always represented true ease of movement. Lagos is a city plagued by devilish traffic jams and it is not unusual to hear people saved from missing flights and important meetings by […]
They’re everywhere, green and hard to miss. You’ve probably used one of their services or perhaps you haven’t. Not just yet. But you’ve heard of them and seen their billboards around town. OPay landed quietly in Nigeria in 2018 as a payments solution but has since gained name recognition with its ubiquitous bike-hailing service. What […]
The Lagos State government is planning to introduce a N25 million license for bike hailing startups. With one road transport union mandating bike hailing riders to pay levies, the government license will stop this and allow startups to operate freely within the state.
Nigeria-based OPay has closed a new $50 million funding round, the largest for any Nigerian tech startup so far in 2019. The company will use the new funding to deepen its roots in the Nigerian market for all its digital businesses including ORide and OFood. It also has plans to expand to other African markets.