At last, Zinox clears air on Jumia acquisition; market expansion
While there may been some substance to the rumoured acquisition of pan-African e-commerce brand, Jumia by Sub-Saharan Africa’s leading tech conglomerate, the Zinox Group and to possibly merge it with…
How Three-year-old Titan Trust Bank seeks to acquire 104-year-old Union Bank
December 24, 2021 Titan Trust Bank which seeks to acquire 104 years old Union Bank of Nigeria Plc was registered on December 11, 2018, according to details from the Corporate…
Access Bank acquires 100% equity of Zambian Bank
Access Bank Plc has announced plans for acquisition of 100 per cent of Cavmont Bank Limited, a Zambia-based financial institution. The bank disclosed this in a regulatory filing to the…
Covid-19: Total quits plan to acquire Occidental Petroleum assets in Ghana
Total (TOTF.PA) has called off plans to acquire Occidental Petroleum’s assets in Ghana, the French energy company said on Monday citing unfriendly market environment occasioned by Covid-19 pandemic. “Given the…
Zinox Konga acquisition: Possibilities and Opportunities
RAY UMUKORO The biggest news in the ICT ecosystem these past days was the ambitious acquisition of Konga by Zinox Group. Konga, trading under the e-commerce platform Konga.com is one…
ZINOX GROUP ACQUIRES KONGA, TO EMPLOY 5000 NIGERIANS
The Zinox Group has reportedly concluded the acquisition of e-commerce powerhouse, Konga, after successfully rounding off months of long-drawn negotiations with major investors, Naspers and AB Kinnevik in a landmark…