News Finances

Uber Ends Operations in Côte d’Ivoire After Six Years

Uber Ends Operations in Côte d’Ivoire After Six Years
Monday, 29 September 2025 13:06

• Uber ends operations in Côte d'Ivoire after six years
• Exit likely due to competition, pricing, and regulation challenges
• Rivals poised to expand in growing Ivorian ride-hailing market

Uber has ceased operations in Côte d'Ivoire, effective Thursday, Sept. 25, 2025. The U.S. ride-hailing company announced its withdrawal in a message to users, expressing "regrets" for any inconvenience but providing no specific reasons for the decision.

The departure ends Uber's six-year presence in the Ivorian urban mobility market, where it had been active since December 2019, appealing to urban consumers seeking secure and reliable transport solutions.

The withdrawal comes despite Uber having been officially authorized to operate in the Ivorian market, alongside rivals Yango and Heetch, by the Regulatory Authority for Domestic Transport and the Directorate General of Land Transport and Circulation in January 2025.

Possible Reasons for Retreat

Several factors may explain Uber's decision. Some analysts cite heightened competition, particularly from local and regional platforms like Indrive, Heetch, and Yango, as well as pressure from traditional taxis. Uber's pricing model, which was considered high by some customers, may have limited its expansion, especially when competing against lower-cost alternatives. Other analysts suggest the company faced difficulties adapting its model to the Ivorian context, which includes strict regulation.

Notably, Uber suspended activities in Morocco in February 2018, stating that "unfortunately, Since we launched in Morocco over two years ago, there has been a lack of clarity about new platforms like Uber and how they fit into the existing transport model."

Market Outlook

Uber's exit opens opportunities for its competitors. Russia's Yango, France's Heetch, local players like Indrive, and traditional taxi platforms are all expected to strengthen their positions and capture the displaced customer base. A study by the AutoMag platform published in early 2025 estimated that the Ivorian ride-hailing sector had between 5,000 and 6,000 active drivers in 2024.

According to a World Bank report published in February 2029, more than 10 million trips are made daily in Abidjan, and each household spends an average of 1,075 CFA francs. The report added that more than 4 billion CFA francs [$7.1 million] are spent daily (in terms of money and opportunity cost), or the equivalent of 1.2 trillion CFA francs annually. These figures suggest significant growth potential for the ride-hailing platforms remaining in Côte d'Ivoire.

Chamberline Moko

On the same topic
BRVM listed the bonds of the FCTC Sonabhy 8.1% 2025–2031, marking Burkina Faso’s first securitization fund admitted to the exchange. Sonabhy...
Benin raised $500 million through its first international sovereign sukuk. The state also reopened its 2038 eurobond for $350...
Cameroon plans 150 billion CFA franc bond on Bvmac in 2026 Issuance depends on market conditions after past cancellations Cameroon remains one of...
Burundi launched e-KORI digital platform for online tax filing, payments Project aims to boost domestic revenue, reduce reliance on foreign aid World...
Most Read
01

Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...

Togo accounts for 16.2% of cross-border bank financing in WAEMU
02

Microfinance deposits in Togo increased by CFA11.9 billion, a 2.7% rise in the second quarter of 2...

Microfinance: Deposits in Togo Rise 2.7% in Second Quarter of 2025
03

The BoxCommerce–Mastercard Partnership introduces prepaid cards, giving SMEs instant access to e...

South Africa’s BoxCommerce Partners with Mastercard on SME Fintech Solution
04

Nigeria licensed Amazon’s Project Kuiper to operate satellite services from 2026, setting up dir...

Amazon and Starlink Set Up Satellite Internet Rivalry in Africa
05

Gas-fired plants and renewables anchor Mauritania’s electricity expansion plan New thermal, solar...

Mauritania shapes power supply growth around gas and renewables
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.