Bolt to inject Sh13.4 billion in Kenyan operations

Bolt2

Bolt has dismissed at least 5,000 drivers in the past six months due to non-compliance and safety-related matters. FILE PHOTO | POOL

Bolt will invest Sh13.4 billion (100 million euros) in its Kenyan subsidiary to expand its services beyond the 16 towns it operates.

The allocation by the Estonian-based digital ride-hailing firm represents 20 percent of Sh66.8 billion (500 million euros) that it will invest in its operations in Africa over the next two years.

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