Food delivery platform Glovo will cease operations in Ghana on May 10, 2024, despite a previous €3.5 million ($3.7 million) investment for expansion, citing profitability issues.

Following this, Glovo will focus on other African markets, including Morocco, Uganda, Kenya, Côte d'Ivoire, and Nigeria.

Despite Co-founder Sacha Michaud's positive outlook on Ghana's market in 2021, challenges such as high taxes and inflation have led to this decision. Yet, the online food delivery market in Ghana is projected to generate US$224.60 million in revenue in 2024.