Swedish investment company, Kinnevik and South African media group, Naspers have been longtime public investors in Konga, which was recently acquired by the Zinox Group. If the rumours flying around are true, the value of the acquisition was a meagre $10m. For a company that was once valued at …...
Experts have hinged the survival struggle of Konga on the economic downturn faced in Nigeria in 2015 which shook its initial investors’ confidence and subsequently led to drastic devaluation of the company’s worth. Although Zinox Group has refused to disclose the exact amount paid
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