One of Ghana’s largest food delivery applications, Glovo has announced that it’s exiting the Ghanaian market on May 10 2024.
Glovo has been in Ghana since 2021 and has invested millions of cedis towards expanding its services.
The delivery platform announced to all its partners through email their decision to leave and cited issues related to profits.
According to one of the emails cited by the Investment Times, Glovo explained that it will shift its focus towards consolidating its presence in the other 23 African markets including Morocco, Uganda, Kenya, Côte d’Ivoire, and Nigeria.
“We are reaching you to communicate that Glovo has made the decision to close our Ghana operations by May 10th at 10:00 pm. The decision to end our operations in the country is based on a reassessment of our investment priorities as we focus our resources on the other 23 countries where Glovo operates,” parts of the email said.
The Glovo team stated that “as your service provider company will also inform you, the app and the slots will remain active until May 10th, 10:00 pm… after that, the app will close and won’t be able to book any slots.”
