Bolt Nigeria Awards 10 Drivers with €25,000 Seed Funds 

Emma Okonji

Bolt, a ride-hailing company, has concluded its Den Initiative of the Bolt Accelerator Programme, were it awarded its top 10 drivers with the sum of  €25,000 ($26,712). 

The programme marked the culmination of an inspiring journey, with innovative ideas, and the promise of a brighter future for urban mobility.

Bolt’s Accelerator Programme, the first in Nigeria, initiated to empower its driver community beyond conventional ride-hailing services, aims to redefine their roles as entrepreneurs and amplify economic growth prospects across Nigeria.

The Bolt Den initiative, attracted an overwhelming response with 1,600 applications. The programme was strategically aligned with Bolt’s Africa City Vision, emphasising sustainable transport solutions. From the pool of applicants, 100 drivers progressed to the ideation phase, with the top 20 drivers showcasing the most promising and innovative business solutions advancing to the intensive business development boot camp phase in preparation for pitch day.