The Zinox Group, Nigeria's first conglomerate of integrated ICT solutions and Original Equipment Manufacturer, has completed the acquisition of Konga, an electronic trading giant, from foreign investors Naspers and AB Kinnevik. The development, which has surprised many, is viewed by industry observers as an unprecedented move that will strengthen the e-commerce sector and create employment opportunities for more Nigerians. Zinox will become the owner of Konga.com, the e-commerce platform; KOS-Express, the logistics branch of the company and KongaPay, the company's integrated mobile money payment channel with over 100,000 subscribers. Led by a serial digital entrepreneur, Leo Stan Ekeh, the Zinox Group has grown from a position of strength to one of the biggest names in the African technology scene. Headquartered in Lagos, Nigeria with branches across the country, plus centers in Africa, Asia, Europe and the Middle East; The Zinox Group boasts a 360-degree spectrum orientation as a group of integrated ICT solutions with advanced skills in manufacturing, distribution, retail and after-sales service, among others.
Recall Leo Stan Ekeh tried his hands on Buyright Afica
Leo Stan Ekeh's son owns Nnamdi Ekeh, founder and vice president of Yudala
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