African Startups · Funding signal

Moove Exits Nigeria After Uber Departure, Gives Drivers $26 Million in Cars

Moove Exits Nigeria After Uber Departure, Gives Drivers $26 Million in Cars — the desk wire, 8 October 2026. Nigeria-founded mobility company Moove has ended its operations in the country, weeks after Uber’s departure disrupted the ride-hailing ecosystem that underpinned its local vehicle-financing business. Moove said Thursday it will transfer ownership of eligible vehicles worth more than ₦35 billion ($26 million) to customers as part of its exit, allowing drivers currently operating the vehicles […]

Updated 8 October 2026 · First published 8 October 2026

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