Audio By Carbonatix
Food delivery giant Glovo has announced its decision to cease operations in Ghana effective May 10, 2024.
Despite investing significantly over the past two years to expand its services in the country, the company has faced profitability challenges within the Ghanaian market.
The news was communicated to Glovo's network of restaurant partners via email. In the message, Glovo cited the difficulty in achieving profitability as the primary reason for its decision to exit the Ghanaian market.

Glovo revealed that it plans to redirect its focus towards strengthening its presence in other African markets.
Specifically, it aims to consolidate its operations in countries like Morocco, Uganda, Kenya, Côte d’Ivoire, and Nigeria, where it sees more promising prospects for growth.
This decision comes as Glovo reassesses its investment priorities and strategic direction, opting to reallocate resources to regions where it can achieve better results.
Despite the closure of its operations in Ghana, Glovo expressed gratitude to its partners and customers for their support throughout its time in the country.
“We are reaching you to communicate that Glovo has decided 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.”
“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.”
Latest Stories
-
Either defer new royalty regime or abolish Growth and Sustainability Levy – Chamber of Mines to government
18 minutes -
The Suit is a shroud ; the fugu is our resurrection
28 minutes -
NDC appoints Inusah Fuseini as Ayariga steps down from Ayawaso East primary probe committee
43 minutes -
T-bills auction: Government exceeds target by 246%; interest rates fall sharply to 9.9%
48 minutes -
Lands Minister arrives in South Africa for annual African mining investment conference
58 minutes -
Frank Quaye Writes: Nullify Ayawaso East primary to protect NDC’s integrity and goodwill
1 hour -
Medeama survive Samartex test to reach FA Cup last eight
1 hour -
Vote- buying, party reform, and the unfinished business of internal democracy in the NDC
1 hour -
Mahama Ayariga withdraws from NDC Ayawaso East probe as Majority Caucus demands cancellation of primary
2 hours -
Majority caucus calls for cancellation of Ayawaso East primary over vote-buying allegations
2 hours -
Jachie-Pramso SHS appeals for support as headmaster hails discipline
2 hours -
NDC committee given February 10 deadline to submit Ayawaso East vote-buying report
4 hours -
Abossey Okai spare parts dealers threaten one-week strike over new VAT regime
4 hours -
Sentencing is not a lottery -Lawyer defends Agradaa’s sentence reduction
4 hours -
Ghanaian highlife maestro Ebo Taylor dies at 90
4 hours
