Farmcrowdy-owned investment platform, Crowdyvest has unveiled PlentyWaka, its business-style bus driving services in Lagos, rivalling with OBus and Uber. The recently launched ride-hailing bus opened their gates on Monday, September 16, 2019, with a start point of 25 buses.
Discussing on the ride-hailing service, Onyeka Akumah, Founder and CEO of Crowdyvest, expressed his excitement at the launch of PlentyWaka and its significant impact to the achievement of the United Nation’s Social Development Goals.
Akumah said, “Crowdyvest was launched to foster a broader avenue for economic growth and build a system that will span across Nigeria and the rest of Africa. With the launch of PlentyWaka, we are focusing on innovation and better infrastructure in transportation for everyday Lagosians.”
L-R: Pastor Debo Omotunde (Stakeholder), John Shaibu, VP of Customer Engagement, Enagwolor Johnny, Co-Managing Director, Afolabi Oluseyi, VP, Operations; Pastor Godman Akinlabi (Stakeholder); Onyeka Akumah Founder and CEO, Crowdyvest and Oluwakemi Adeitan, Human Resources Manager
PlentyWaka is a technology-driven bus boarding solution, designed to allow users to plan their rides from their desired pick-up spots to their desired destination and receive timely information about their rides thus offering every-day commuters ease, safety and comfort in their daily commute.
This development emerged some days ago that Uber is preparing to expand its imprint on public transportation in Lagos, by offering a bus system.
Uber staff have met with transportation officials from Lagos, and have at the same time, toured the terminals of the newly launched Lagos buses. According to Uber’s general manager for sub-Saharan Africa, Alon Lits, the company representatives have also met with transport officials to discuss plans for collaboration.
More so, recall that Opay some weeks back, launched OBus, its bus hailing service in Lagos.
Are bus-hailing services poised to thrive? First, it is pertinent to understand that majority of these bus-hailing services have launched in Lagos. This is no doubt because of the numerous opportunities in the transportation sector in the nation’s commercial hub.
The poor states of the popular yellow busses and unstable fares, especially during traffic congestion, has created investment opportunities for bus-hailing services in Lagos and other major cities.