Bolt releases version 3 of its Women in Tech internship program.

Bolt releases version 3 of its Women in Tech internship program.

For the third consecutive year, Bolt has launched its Women in Tech internship program. The ‘The Bolt Outternship’ internship program this year, which will run for three months starting in July 2023, aims to empower young women by giving them the opportunity to begin their careers in technology. Bolt started the #WomeninTech program in 2021…

Bolt Announces Plan to Invest €500 Million in Africa

Bolt Announces Plan to Invest €500 Million in Africa

The most popular mobile app in Africa, Bolt, has declared plans to spend €500 million there over the next two years. More than 300,000 additional drivers and couriers will have the opportunity to join the platform in 2023 thanks to the expansion of Bolt services throughout Africa. Bolt, which debuted in South Africa in 2016,…

Bolt receives $709 million at a $8.4 billion valuation to extend its smart app for transportation and food delivery

Bolt receives $709 million at a $8.4 billion valuation to extend its smart app for transportation and food delivery

Economies of scale are critical for on-demand businesses, and one of the promising startups in the field has secured a large round to expand its operations. Bolt, a startup and app that provides on-demand ride hailing, shared vehicles and scooters, as well as restaurant and grocery delivery, has raised €628 million at an estimated valuation…

Bolt to expand EV option in South Africa

Bolt to expand EV option in South Africa

Estonian on-demand transport firm Bolt is set to roll out electric taxi options in South Africa four months after introducing e-bike food delivery services in the country. Bolt’s plan follows the introduction of a ‘green category’ – which lets riders hail an electric or a hybrid vehicle. This comes as the company expands its services to environmentally…

Abuja Municipal Council introduces new license for Uber/Bolt drivers, to begin enforcement by October 1

Abuja Municipal Council introduces new license for Uber/Bolt drivers, to begin enforcement by October 1

It appears that the authorities of the Federal Capital Territory (FCT), Abuja are set to commence a regime of licensing ride-hailing drivers and ensuring compliance from October 1st, 2021. This follows a series of clampdowns targeted at operators in the city for about 3 months now and a subsequent outcry. This is according to documents and materials…