On 6 February 2018, it emerged that OLX, an African e-commerce platform, has shut down all its offices in Africa except the one in South Africa. The company, which is owned by Multinational media group and investor Naspers, has thus shut down operations in Nigeria, Ghana, and Kenya, according to a report by Nigerian Communications Week.
OLX is a global classifieds platform, which has a physical presence in nearly 40 countries.
According to a report by Innovation Village, the staff working within the offices were informed about the closure on 6 February 2018 and are expected to fully move out by the end of March 2018. OLX will reportedly still be present in these countries but will be run remotely, the Nigerian and Kenyan websites of OLX are still up and running.