Konga News

Shola Adekoya. CEO, Konga

Why Konga could be Africa's answer to Amazon: Shola Adekoya, CEO, Konga

Konga.com was founded in July 2012 and started purely as an online retailer selling baby and beauty products.

The race to fix Nigeria's payments problem just received a big boost

The race to fix Nigeria's payments problem just received a big boost

Making online transactions is a process taken for granted as one of the natural offshoots of deeper internet penetration.

Fashion-conscious Lagosians switch to online shopping

Fashion-conscious Lagosians switch to online shopping

Three years ago, MallforAfrica joined the raft of Nigerian tech start-ups attracting private equity and venture capital backing.

Paga agent: Mobile money is catching on. Credit: qz.com

Nigerians are finally using mobile money services

It took a while to catch on but Nigerians are finally using mobile money. Over the past decade, financial institutions and telecoms operators, sometimes in collaboration, as well as standalone firms have tried to deploy mobile money services in Africa’s largest economy with mixed success.

Why online marketplaces are not helping e-commerce grow in Nigeria: Oyihoma Saleh, CEO, Kosava Deals

Why online marketplaces are not helping e-commerce grow in Nigeria: Oyihoma Saleh, CEO, Kosava Deals

Nigerians are certainly warming to the idea of shopping online —  especially through mobile  — and this is widely expected given how suited the concept is for addressing the needs of an underserved population with a fast-growing middle class.

Here are 7 predictions for Africa's tech sector

Here are 7 predictions for Africa's tech sector

As Africa transitions from the margins to the mainstream of the global economy, technology is playing an increasingly significant role.

UberEverything will have to get round logistics difficulties in cities like Lagos. (AP Photo/Sunday Alamba)

Uber Africa will diversify beyond car rides this year with its UberEverything service

Having nearly perfected the business of moving people around on the continent, Uber is set to diversify the core of its business in sub Saharan Africa with the introduction of UberEverything.

As it expands in Africa, Uber adapts to local markets and adopts cash payments

As it expands in Africa, Uber adapts to local markets and adopts cash payments

While Uber continues its push into Africa the company is making allowances to local markets and testing unique service models users wouldn’t see in other parts of the globe.

Philip Akesson, Country Manager, Travelstart Nigeria

Travelstart appoints Philip Akesson as Nigeria Country Manager

Travelstart has just announced the hiring of Philip Akesson as Nigeria Country Manager, effective June 1st, 2016. Akesson will be based in Travelstart Nigeria’s office in Ikeja, Lagos.

Why Nigerian entrepreneurs should solve other problems apart from ecommerce: Dotun Olowoporoku, Founder, Starta Africa

Why Nigerian entrepreneurs should solve other problems apart from ecommerce: Dotun Olowoporoku, Founder, Starta Africa

Nigeria is almost a victim of it’s size. It’s almost too easy to have big ambition.

Nigerian e-commerce site DealDey gets acquired by Swiss media group Ringier (Infographic)

Nigerian e-commerce site DealDey gets acquired by Swiss media group Ringier (Infographic)

The African subsidiary of Swiss media and e-commerce company Ringier has acquired Nigerian online shopping startup DealDey for an undisclosed amount.

Funke Opeke, CEO, MainOne Cable

Funke Opeke: Nigeria's cyber revolutionary

The only major road through Lekki is clogged, even on a Saturday afternoon. The expressway through the swampy peninsula that expands the city of Lagos in an easterly direction is riddled with street hawkers peddling red grapes, shoe racks and phone chargers to the cars caught in the hold up.

Sim Shagaya, Chairman, Konga

The 4th industrial revolution and e-commerce: Sim Shagaya, Chairman, Konga

As has recently been reported in the news, I have taken up the new position of Chairman of the Board for Konga.com.

Sim Shagaya, Chairman & former CEO, Konga

Konga Founder Sim Shagaya steps down as CEO

Nigerian tech entrepreneur Sim Shagaya has announced he is stepping down as the CEO of Konga. Konga is one of Africa’s leading ecommerce companies.

South Africa's MTN is the most admired brand in Africa

MTN, Samsung and Coca-Cola top list of most admired brands in Africa

Brand Africa has announced that MTN is the overall best brand in Africa and reclaimed the #1 spot as the Most Admired Brand in Africa at a gala launch of the 4th Annual Brand Africa 100: Africa’s Best Brands at Sandton Convention Center.

Here are nine tech companies building Nigeria's future

Here are nine tech companies building Nigeria's future

Over the course of the last 5 years, Nigeria has seen the rise of many tech companies working to address Nigerian problems with unique solutions. Although a number have failed in this quest, a good number have diversified or pivoted their solutions to sustain business.

US President Barack Obama (L) and M-KOPA Solar representative. M-KOPA, headquartered in Nairobi, Kenya, is the global leader of “pay-as-you-go” energy for off-grid customers.

The African tech startup scene has been transformed in just four years

Last month DEMO Africa took place in Lagos, Nigeria, with 30 tech startups pitching to an audience of investors.

A view of the Yaba district in Lagos, home to Nigeria's dominant start-up scene (Reuters/Akintunde Akinleye)

Why Nigeria's newest startups are sprouting up outside the megacity of Lagos

Even though Nigeria is Africa’s largest economy, Lagos, its commercial capital, still has a disproportionately strong hold over all business sectors.

Ashish Thakkar, Founder, Mara Group

Ugandan millionaire Ashish Thakkar's Mara Group raising $100M to launch pan-African e-commerce platform

Dubai-based Mara Group is launching an Africa-wide online marketplace that it hopes will become the leading e-commerce business in Africa within less than four years.

Seed funding for African tech startups is really taking off

Venture capital funding for African tech startups is really taking off - here's why

It is well established that VC investing globally is on the rise, but there is increasing evidence that more of this money is landing in Africa too, as the continent is now deemed a less risky place for investors to put their cash.

Change of pace: growing numbers of young Africans have flourishing businesses — Bloomberg/FT

New generation of African entrepreneurs lead the way

As ever-increasing numbers of cars clog the streets of African cities, trade flourishes along congested highways.

Lagos, Nigeria

Meet Some Of The Lagos Luminaries Shaping Nigeria's Tech Scene

President Barack Obama may be the most famous citizen of the United States traveling around Africa this week, but he’s not the only one.

The Co-Creation Hub Nigeria (CcHUBNigeria) in Yaba, Lagos, Nigeria. Credit: techpoint.ng

Yabacon Valley: Nigeria tech startup enclave springs up in Lagos suburb

At first glance, Yaba is like many other parts of Nigeria’s sprawling commercial capital: a cacophony of car horns and shouting street vendors mingling with exhaust fumes.

Change of pace: growing numbers of young Africans have flourishing businesses — Bloomberg/FT

African Entrepreneurs - A new generation leads the way: Financial Times (Report)

Start-ups are thriving and helping to change perceptions of business in Africa. As ever-increasing numbers of cars clog the streets of African cities, trade flourishes along congested highways.

Ercin Eksin (Left) and Tunde Kehinde, Co-Founders and Managing Directors, Africa Courier Express (ACE). Credit: techpoint.ng

Starting Jumia helped us build Nigeria's largest delivery network, say Africa Courier Express Co-Founders Tunde Kehinde & Ercin Eksin

Tunde Kehinde and Ercin Eksin are the Founders and Managing Directors of African Courier Express, ACE. The duo were among the pioneers of e-commerce in Nigeria …

Mobile connectivity and technology in Africa: Ahead of the global game.

Mobile connectivity and technology in Africa: Ahead of the global game?

Mobile internet adoption in Africa is taking place at almost double the global rate, a trend that has sparked debate among development and tech enthusiasts as to whether this marks a radical shift in the way the internet of the future will be used and accessed.

Traditional Nigerian dances have been joined by new music and attitudes

I've seen Nigeria's old power at work. I know change is coming: Ken Saro-Wiwa, Jr., Partner, Dragon Africa

When President Muhammadu Buhari was sworn in as Nigeria’s 15th head of state last month, it was, as the saying goes, the beginning of an end and the end of a beginning.

Tayo Oviosu, CEO, Paga

21 Nigerian tech CEOs at the top of their game

Here are 21 of the country’s tech entrepreneurs who are at the top of their game and are making serious waves in the tech space.

Lola Olusola, Founder, Ella.ng

I don't see Konga and Jumia as competition, I see them as enablers: Lola Olusola, Founder of Ella.ng

Women nowadays are becoming more and more noticed for their exceptional success in the tangentially male dominated corporate world of global business and technology.

Chris Folayan, a co-founder of MallforAfrica. Credit Thomas Patterson for The New York Times

Order from Amazon & Macy's in Nigeria: MallforAfrica now delivers over 120 global online retailers to Nigeria

Last year, when Tunde Adebayo needed three inflatable bouncy castles for KidzPlay, his event-planning business in Lagos, Nigeria, he turned to an online shopping service called MallforAfrica.

Dealdey raises $5M in series B funding from Swedish investment company Kinnevik. Credit: techcabal.com

DealDey raises $5M in series B funding from Swedish investment company Kinnevik

DealDey, a Nigerian ecommerce website that aggregates discounted goods and services, has raised $5 million in follow-on funding. DealDey’s second round of funding comes from its original investor, Kinnevik.

E-Commerce in Africa finds growing outlet

Browse, click, pay: E-Commerce in Africa finds growing outlet

Young Ghanaian entrepreneur Nana Tamakloe could hardly have a simpler business plan. When people order clothes from his website, he buys the items from stalls and shops in Accra, ships them with DHL and gets paid online.

Ashish Thakkar, Founder, Mara Group

E-commerce will be a 'game changer' for Africa: Ashish Thakkar, Founder, Mara Group

E-commerce in Africa is going to be a “game changer”, according to Ashish J. Thakkar, founder of the Mara Group.

Konga vs Jumia

Konga vs. Jumia: A tale of two online shopping giants

They both claim to be the largest ecommerce platform in Nigeria and Africa — even though they won’t make their sales figures publicly available so it could be made easier for those who are interested in comparing their services to do so.

Sim Shagaya, Founder & CEO of Konga and DealDey

Building Konga, Africa's Alibaba: Sim Shagaya (Part One)

Chatting with Simdul Shagaya is like an intense, super-charged colloquy on doing business….in Africa.

African venture capital activity shows impressive spike in 2014

African venture capital activity shows impressive spike in 2014

It’s been a good year for Africa’s startups. In terms of investment activity at least, data from one of the world’s most comprehensive startup databases, CrunchBase, shows that there’s been a huge increase within the last year, highlighting confidence.

Konga, an e-commerce site, is a Nigerian tech pioneer

Nigeria, not Kenya, is about to become Africa's next big technology hub

There’s too much money in Nairobi. That’s one way to explain why some venture capitalists are setting their sights elsewhere.

Konga

#BlackFriday: Nigeria's Konga.com announces 1,440% year on year increase in revenue

One of Nigeria’s ecommerce platforms Konga.com has announced it recorded 1440% year on year increase in online revenue during its Black Friday sales tagged Yakata which started on Thursday and ended by midnight on Black Friday giving shoppers more time to shop.

Lola Olusola, Founder of Ella.ng

Ella has better eyes for fashion than Jumia and Konga: Lola Olusola, Founder of Ella.ng

Lola Olusola, Founder of Ella.ng a 440.ng startup that focuses on female fashion has said the one-year old platform is better positioned to cater for the fashion needs of Nigerian middle class businesswomen than e-commerce giants Konga and Jumia.

Konga is Nigeria's largest online mall

Online retailers pushing for e-commerce growth in West Africa

As Internet usage surges, an increasing number of online retailers in West Africa are springing up, giving mobile phone users a variety of options to buy and sell new and used items.

Baskets

Gingerbox.com.ng launches fruits delivery service in Lagos

Gingerbox.com.ng has been launched in Nigeria to deliver fruits and nuts to offices.

Konga

Nigeria's largest ecommerce site Konga appoints 7thingsmedia to drive traffic growth

Nigeria’s largest online shopping portal, Konga, has selected digital media agency 7thingsmedia to drive traffic and revenue growth through display, paid and organic search campaigns.