Yango claims to have created over 6,000 jobs in Cameroon since 2021 and plans further expansion into cities, starting with Bafoussam. The company aims to enhance urban mobility and integrate digital financial solutions as it grows its user base, which currently exceeds 150,000. Following a prior suspension, Yango is now fully operational in the country, focusing on becoming a key player in the transport sector.
Yango, the ride-hailing service operated by the Russian firm Yandex, asserts that it has created over 6,000 direct and indirect jobs in Cameroon since its inception in 2021. Clovis Pilla, Yango’s Country Manager, emphasized the platform’s role as a significant contributor to the country’s economic and digital development, stating that “more than 150 Cameroonian transport companies work with us, creating even more job opportunities.”
Currently, Yango operates in Douala and Yaoundé, with an expansion into Bafoussam scheduled for March 5, 2025. This move represents Yango’s commitment to providing “efficient and affordable” transport solutions while simultaneously generating new job prospects in the region.
Yango’s Bafoussam launch marks the beginning of a larger expansion strategy. Having recently renewed its operating license for five additional years, the company plans to extend its presence to more cities, enhance service offerings, and integrate digital financial solutions, as noted by Pilla, though specific future locations remain undisclosed.
Since its launch nearly four years ago, Yango has attracted over 150,000 active monthly users in Cameroon. Despite facing challenges, including a suspension in February 2023 due to licensing issues, Yango resumed operations seven months later. The company is optimistic about its future in Cameroon, which it regards as having “strong potential” for growth. With operations spanning across 20 countries, Yango aims to establish itself as a pivotal entity in the local transport sector, enhancing urban mobility where public transport is frequently inadequate.
In conclusion, Yango’s establishment in Cameroon highlights its significant contribution to job creation and economic growth. The company’s expansion into Bafoussam illustrates its commitment to enhancing transport accessibility. Despite past challenges, Yango remains resolute in its vision for sustainable development in the country, aspiring to further meet the evolving needs of Cameroonian users.
Original Source: www.businessincameroon.com