second major acquisition that will happen this 2018.
Zinternet owning 100% of Zinternet’s
assets, including its mobile money license. Now,
Konga has been acquired by The Zinox Group, an integrated ICT
solutions and equipment manufacturer, also the parent company of Yudala.
which includes Konga.com, Nigeria’s largest online mall; KongaPay, a
CBN-licensed mobile money platform with over 100,000 subscribers as well as
KOS-Express, a digitally-driven logistics company.
employment opportunities for over 5,000 Nigerians, both at home and in the
Diaspora within a short period.
company for $10m – $15m and the acquisition has passed all regulatory approvals
by the Securities and Exchange Commission.