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Inside Uber’s Sh14B boost to Kenya's economy

Inside Uber’s Sh14B boost to Kenya's economy

Ride-hailing giant Uber has made a substantial impact on Kenya's economy, contributing an estimated KSh 14.1 billion in 2023, according to the company's latest impact report. This significant economic boost comes as Uber celebrates nearly a decade of operations in the East African nation.

The report reveals that over 100,000 drivers and couriers earned their livelihood through the Uber platform in Kenya, highlighting the company's role in creating flexible employment opportunities. These earnings have become particularly crucial amid current economic challenges, providing an essential income stream for thousands of Kenyan families.

Through its dual services of ride-hailing and Uber Eats food delivery, the platform has revolutionized Kenya's transport and logistics sectors. The company's continued growth despite economic headwinds demonstrates the resilience of its business model and the increasing demand for digital transport solutions in Kenya.

"The platform has become more than just a ride-hailing service," notes the report, emphasizing Uber's transformation into a vital component of Kenya's digital economy. By creating opportunities for drivers and delivery partners, Uber has established itself as a significant contributor to job creation and economic empowerment in the country.

As Uber approaches its 10-year milestone in Kenya, the platform's impact extends beyond direct economic contributions. The company's presence has helped modernize the transport sector, improve service delivery standards, and create a new category of digital entrepreneurs in the country's growing gig economy.