Taxify set to invest Sh17.8bn in upgrade of ride-sharing tech

CARDINE NJERI FROM TAXIFY SHOWS TAXI DRIVERS HOW TO OPERATE THE APP. PHOTO | ANTHONY OMUYA | NMG

European ride-hailing company, Taxify, announced it had completed an investment round of $175 million (about Sh17.8 billion) for its African operations.

The company, which has operations in South Africa and Kenya, will use the investment to further develop its ride-hailing technology and continue working on best ways to move in cities, particularly in Europe and Africa.

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