Preparing Nigeria for Africa’s $75b eCommerce revolution
Africa is on the rise. From entertainment to agriculture, Africa is boldly expressing its identity and productivity in a brave new world.
Konga claims 800% growth
Composite electronic commerce platform, Konga, has set sights on the path of profitability after achieving an increase in turnover by over 800 per cent, and a huge reduction in losses over the past 18 months of acquisition.
Konga diversifies, eyes acquisition of pharmacy chain
After a successful launch of Konga Travel, a revolutionary omni-channel travel booking agency, the management of Konga, Africa’s e-Commerce giant has confirmed plans to launch an integrated but cost-effective health project across Nigeria to better serve the served, unserved and under-served with genuine drugs promptly through the acquisition of a pharmacy chain. Negotiations are believed…
Jumia becomes first African firm to list shares on New York Stock Exchange
Konga targets London Exchange, NYSE by 2020 PAN-African e-commerce platform, Jumia Technologies has officially announced its listing on the New York Stock Exchange. The listing on the NYSE happened yesterday in New York, USA, with shares beginning trading at $14.50 under ticker symbol JMIA. By the listing, Jumia became the first startup from Africa to list…
Konga eyes other English-speaking West African countries
Konga, Nigeria’s foremost retail giant, could soon enter into other English-speaking West African countries as it moves to stamp its authority in e-Commerce space. Nick Imudia, co-chief executive officer, Konga Group, who dropped the hint recently, said that Konga is more than just an e-Commerce company and has grown more than 750 per cent since…
Jumia, Konga seek $4.7 billion, $3.2 billion from IPOs
Jumia and Konga, two major players in the eCommerce market are creating visible excitement in the space with eye-catching listing of their shares on the international market.
Don wants tech startups to emulate Konga model
A former Vice-Chancellor of the University of Lagos, Prof. Oye Ibidapo-Obe, has advised tech startups to emulate the new Konga. He gave this charge at the weekend in Lagos, during an engagement with budding entrepreneurs, business owners and other Ph.D. students in Lagos. According to Ibidapo-Obe, Konga has sprung a surprise in the last six…
How firms can leverage on technology to improve customer’s satisfaction, sales by Ilias
Aliyu Ilias is the Director, Nigeria Customer Service Awards Limited and Author of Understanding Customer Experience in Africa. In this interview with Emeka Nwachukwu, the customer relationship expert reveals how firms and businesses could increase sales and profitability by leveraging on the available digital space. He further shared information about the Nigeria Customer Experience Management…
Konga to invest N2.9b in K-Xpress for e-commerce logistics
Electronic Commerce firm, Konga is set to invest N3.5 billion in K-Xpress, its logistic arm, for better service delivery.
Dangote is most valuable brand in 50 top brands
Dangote, a wholly Nigerian brand, has been voted the overall valuable brand in the 2018 Top 50 Brands. It replaces MTN Nigeria at the top with 87.4 points against 80.8 point for MTN. Dangote had, in previous editions, held the position of most valuable Nigerian brand but having emerged the most valuable brand overall, that…