Despite the struggling nature of Nigeria’s electronic commerce (eCommerce) sector, which has led to the quitting of several operators, one of the surviving players, Konga, claimed to have recently rejected a $300 million global investment. Although silent on these particular global financiers, Konga said its current investors have assured it of enough capital to survive the next five years, at least.

Source: The Guardian August 07, 2020 03:00 UTC