ZayRide – The Mobile App that’s connecting Taxi Drivers and Riders in Addis Ababa

 In Ethiopia, Logistics, Stories, Tech
ZayRide, founded by Habtamu Tadesse, is an on-demand taxi service in Addis Ababa connecting riders and taxi drivers quickly and conveniently through an innovative mobile app available on iOS and Android. The mobile App makes booking a taxi in Addis Ababa easier than ever.
Here is an interview with Habtamu Tadesse, who’s part of the Africans Building Africa community

 

1. Tell us about yourself and your business.

My name is Habtamu Tadesse. Born in Ethiopia, grew up in the US. I have a BA in economics from University of Massachusetts. I’m the founder of ZayRide, an Ethiopian taxi hailing platform. We are working to make mobility in Africa convenient, affordable, and safe with our innovative application designed to work on African slow network.

 

2. How much did you need to start your business and how were you able to raise that capital?

I was able to raise my starting capital by selling my Ethiopian restaurant in the United states. We just closed our first round of investment last week.

 

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3. What are some of  the challenges you face in your business and how do you overcome those challenges?

The first challenge we had to address was that most of our drivers did not have a smart phone. We started a lease program to tackle this challenge.

 

4. Where do you see your business in 5 years from now and what steps are you taking today to reach that objective?

We see our platform operating in three more different countries in Africa. Our goal is to own African market since we know the market better as an Pan-African start-up.

 

5. What advice would you give to entrepreneurs wanting to start a business or invest in Africa?

One advise that I can give is that as an African we can not do nothing and wait until things get better. We have take the driver seat and do everything we can to address the different problems of our continent. If you see a problem do something about it.

 

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6. How is your business participating to the development of Africa? 

Our company is working in mobility and financial including. We believe these two areas are vital to sustainable growth of Africa. Mobility will increase productivity and financially excluded groups now can get access to finance.

 

Website: www.zayride.com

amadou
Amadou is a Social Entrepreneur, Business Coach, Public Speaker, and Promoter of African Entrepreneurship. Passionate about Africa and Entrepreneurship, Amadou’s mission is to work with African Entrepreneurs to bring out their stories and support them. As the Host of Africans Building Africa Podcast, Amadou loves to chat with African Entrepreneurs to deliver informative and inspiring content to Africans who would like to start a business or invest in Africa.
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