Swvl, a ride-sharing platform out of Egypt, is now expanding their services into Nigeria. The company recently announced that their platform will start up in Lagos in July with around 50 buses. This is the third country the company will be providing services in after starting in Egypt and moving into Kenya.
Swvl previously mentioned that they’re planning to expand to seven mega-cities by the end of 2019, many of which will be based on Southeast Asian. However, it seems like they’ve shifted their focus to Africa.
There have also been talks that Swvl is heading to Uganda, but nothing yet has been confirmed. Swvl is currently available in Cairo, Alexandria, and Nairobi, and it’s estimated that they’re doing really well in these cities.
The app was founded in 2017 by Mostafa Kandil, Ahmed Sabbah, and Mahmoud Nouh as a platform that connects commuters with private buses, allowing users to reserve their place and pay through the app.
Mostafa Kandil formerly worked as Careem’s market launcher, and he started the app to address the gap in the Egyptian mass-transit market. Cairo is home to one of the world’s fastest-growing populations, along with being one of the most densely populated cities in the world. Trips with Swvl cost 60-80% less than normal ride-hailing apps and doesn’t have surge or peak pricing.
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