Yango, an international tech company, announced its entry into the Ethiopian market to begin a ride-hailing service in Addis Ababa.
Yango has forged a partnership with ShuuFare, a brand under an Ethiopian tech firm G2G IT Group, that will launch the service in the capital.
“We are thrilled to announce the partnership with G2G IT Group and bring Yango to Ethiopia,” said Adeniyi Adebayo, Head of Yango’s Africa Office.
“We believe that combining Yango technologies, rich expertise and international quality standards with ShuuFare’s extraordinary local expertise and understanding of the Ethiopian market, together we will provide an exceptional ride-hailing service to the people of Ethiopia,” Adeniyi added.
G2G IT Group will become a franchise holder that will run Yango service operations in the country.
“We believe that our shared vision and expertise will enable us to deliver a cutting-edge, reliable, and efficient ride-hailing service that will transform the industry,” G2G IT Group’s chief technology Officer Tedros Mehari, said.
Ethiopia will be the thirteenth African country where the Yango ride-hailing service will be available when ShuuFare becomes operational soon.
“We are committed to leveraging the power of technology to improve the lives of our customers and contribute to the growth of the Ethiopian economy,” Tedros said. “We are excited to bring this excellent service to our communities.”
Yango, powered by ShuuFare, operates as a cash-only service for now but plans to integrate the platform with local payment solutions such as Telebirr.
Apart from Africa, the Yango ride-hailing app also operates in many countries across Europe, Central Asia, South America, and the Middle East.
Read the article from the source website.