Swvl Suspends Operations in Kenya, Lays Off a Third of its Workforce.

Ride hailing service Swvl announced it will pause services in Kenya citing the global economic downturn. Swvl was operating in Kenya with three different solutions, Swvl Daily, which is tailored for intra-city rides in Nairobi. Swvl Travel, which is tailored for City to-City rides. Swvl Business which is tailored for Business-to-Business rides. The Egyptian firm…