YEGO Global has launched operations in Kenya through its subsidiary – YEGO Mobility Kenya Limited to provide customized taxi-hailing services.
Speaking during the launch, CEO and Founder of YEGO Global Karanvir Singh said, “It is a very proud moment for YEGO Mobility to be the 1st licensed app by NTSA in Kenya. We are providing a customized solution for Kenya, one that has been purpose built to free the driver community from the digital slavery of the Gig economy."
The launch follows in-depth on-ground feasibility studies over the past two years and targets addressing pain points of the driver community and passengers.
Besides having the lowest commissions in the industry at 12%, YEGO drivers will be provided with personal accident insurance at no cost and medical insurance to qualifying Drivers.
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Fares will also be kept in line with the prevailing fuel prices and traffic situations, and drivers can withdraw their earnings on demand with the actual processing fees.
A drivers’ SACCO (savings and credit cooperative) is being set up and YEGO Mobility Kenya has committed to pay 10% of its dividend to the SACCO to secure the Drivers’ future.
YEGO Global has been operating in Rwanda since 2016 where it became the first licensee in Rwanda to provide a smart mobility solution using Intelligent Connected Fare Meters (ICFM).
YEGO has 100% market share of the taxicab and boda boda market in Kigali and will expand to cover the entire country. Being the sole licensee in Rwanda, YEGO is all set to drive the secure and smart digitization for the boda and taxicab industry.