Total 4 Posts

MTN Group denies rumors that it will sell its stake in one of Afrika's largest e-commerce companies

Earlier this week, rumors and reports started circulating that MTN Group, one of Afrika's largest telecommunications companies, was looking to sell its 40% shareholding in JUMIA, a Rocket Internet founded e-commerce company. However, MTN has since come out to deny these reports. JUMIA, which has presence in several countries in

Jumia has finally released their all-in-one app publicly

Jumia has released the final version of their Jumia One app publicly. Previously, in September 2017, iAfrikan reported on leaked screenshots and videos of what was to be Jumia's all-in-one consumer e-commerce app. The Jumia One app will allow the e-commerce company's customers in Nigeria to shop online, pay bills

Zinox Technologies confirms full acquisition of Konga, says figure of $10 million is false

On 3 February 2018, Nigeria's Zinox Group announced, through THISDAY, that it had acquired e-commerce company, Konga. Konga was founded by Sim Shagaya in 2012 and has gone on to become one of Nigeria's large e-commerce companies. According to Zinox, the deal has been months in the making as they

Konga Will Now Offer Distributed Banking Services In Nigeria

Konga, through its KongaPay service, will now be offering a distributed banking service to its customers in Nigeria. This will be possible thanks to KongaPay's partnership with the United Kingdom's RedCloud Technologies. Using what is known as a 'Banking as a Platform' model, KongaPay will use RedCloud's technology to enable