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Konga, Yudala Merge to Disrupt Ecommerce

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Konga, Nigeria’s largest online mall and Yudala, Africa’s pioneer composite e-commerce company have officially announced a merger of their operations which will see them effectively become the biggest organized retail and e-commerce/marketplace outfit on the African continent.

 

The business merger, which takes effect from Tuesday May 1, will see both companies operate under the Konga brand name.

 

The strategic decision will see both companies leverage the combined strengths of both platforms and is expected to further broaden the scope of organized retail and e-commerce in Nigeria and deliver more value to customers and merchants.

“Combining forces to power the new Konga will enable us effectively achieve our goals of platform expansion and accelerated growth, as we embark on an ambitious journey to redefine the retail ecosystem with the industry’s most advanced technology,” disclosed Olusiji Ijogun, Konga chairman.

 

“Effective from May 1st, Yudala will now operate under the name Konga, with dual CEOs in the persons of Nick Imudia who will be in charge of online among others and Prince Nnamdi Ekeh who will be responsible for offline. This merger will further strengthen our position in the Nigerian retail market as we creatively position Konga as the first profitable e-commerce company in Africa.

“The efficiency of Konga’s cutting-edge online platform, access to thousands of merchants and Yudala’s expansive network of fully stocked offline stores is poised to give our customers the best shopping experience imaginable. We will be working closely with all our combined clients, customers, merchants and employees to make the integration process as seamless as possible and thereafter make public our road map to sustain our leadership on the continent,” Ijogun said.

 

One of the exciting benefits of this merger is the possibility it offers prospective shoppers to order online, pay and pick-up the product(s) at the nearest Konga offline store. There are also increasing business opportunities for merchants nationwide.

 

“We are very excited about the operational merger between Yudala and Konga into the new Konga,” noted Prince Ekeh.

 

“A merger of this magnitude has never been experienced in Africa. We will be leveraging on Konga’s strong technology backbone and online experience as well as Yudala’s offline experience, network of retail stores and operational efficiency. In the near future, we plan to have a Konga store in every local government area in Nigeria. While this is ambitious, we believe that every Nigerian deserves the right to have access to the full range of genuine products offered by Konga,” Prince Ekeh declared.

 

Plans are also underway to showcase the full power of the merger with expanded access to thousands of products in Konga online and offline stores for all categories of shoppers.

 

According to Imudia, “We believe this operational merger between Konga and Yudala will bring immense opportunities for consumers in the e-commerce space. We urge all shoppers, consumers, merchants and clients to stay tuned as we unveil the massive ambitious contents we have to offer.”

Widely applauded by industry watchers as a masterstroke, the merger will broaden the range of products and solutions on offer within the Konga/Yudala stable, while giving the customers and merchants more options and access to an expanded variety of guaranteed quality offerings and payment methods.

 

The Konga Business platform will now include two distinct but fully integrated aspects including Konga Online, the e-commerce/marketplace platform and Konga Retail, the offline arm of the business.

 

Both will be supported by Konga Pay, a CBN-licensed mobile money platform and Konga Express, a world-class logistics company with advanced delivery capabilities for internal and external customers.

 

Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

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E-Business

NIMC Boss Says National ID Crucial for Access to Social Services

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Engr. Aliyu Aziz, director-general, National Identity Management Commission (NIMC), has identified digital identity as a critical factor for individuals to access social benefits including subsidies and entitlements.

 

According to Engr. Aziz, since public and private sector agencies require proof of identity as a prerequisite for providing services to individuals, failure to prove identity forms a major barrier barring people from accessing social benefits.

 

He disclosed this in a keynote paper entitled ‘Digital Inclusion: Opportunities, Challenges and Strategies’ which he presented at the 27th annual conference of the Nigeria Computer Society (NCS), in Ibadan, Oyo state recently, a statement from the commission said yesterday.

 

“Inability to prove identity is one of the biggest barriers preventing access to benefits, subsidies, exercise of basic rights as well as claiming entitlements,” he said, adding that “without knowing who the people are, no government or private sector will be able to effectively deliver important services such as social safety net, elections, agriculture, pension and education, among others.’’

 

Engr. Aziz, also said “Identity is a pre-requisite for a country’s economic, social and political progress and development,” because “good identification works hand-in-hand with greater use of internet, payments and skills for a vibrant digital economy.”

 

 

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Lagos, Zipline Ink MOU to Deploy Drones for Healthcare Delivery

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l-R: Mr. Diekoye Oyeyinka, Zipline Representative; Hajkeem Fahm, commissioner for Science and Tech; Kayode Ogunnubi Permanent Secretary Science and Tech; and Kemi Adelusi., General Manager LASRA

The Lagos State Government has signed a Memorandum of Understanding (MOU) with Zipline International Inc, operators of drones, to offer a drone-enabled supply chain solution in the health sector.

 

While signing the MOU, Mr. Hakeem Fahm, commissioner for Science and Technology, noted that the new partnership is based on the health care initiatives of Governor Akinwunmi Ambode.

 

Fahm said the partnership with the State Government would leverage on technology to improve the supply chain of critical medical supplies, reduce waste and save lives.

 

He noted that drones would be used to ensure secured, reliable and timely deliveries of essential health care products to publicly-owned hospitals and other health facilities in the State

 

In his words “Lagos Sate has began a process that will allow us to be able to deliver critical medical needs of every publicly-owned hospital in the State within a short period when needed.

 

“Zipline services will compliment Lagos States existing medical supply chain by responding in minutes to request for cold chain products, unexpected stock outs and emergencies,” the commissioner added.

 

According to Mr. Diekoye Oyeyinka, representative of Zipline who signed the MoU on behalf of his company, “Lagos state will be the first mega city in the world to have an autonomous instant delivery system, when it is fully deployed”.

 

Zipline is a robotics airplane manufacturer based in California focusing on delivering medical supplies to undeveloped and underdeveloped areas.

 

They work to improve access to healthcare and save lives.

 

 

 

 

 

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Autodesk Africa Advocates Digital Construction

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L-R: Arc. Ibeanu Chike Chamberlain, Managing Partner, Zdesigns and Development Consulting; Simon Bromfield, Territory Manager Africa, Autodesk Inc.; Vijay Raina, Sr. Technical Sales Specialist – AEC, Autodesk; Louis Iwegbuna, Nigeria Business Development Manager, Autodesk Inc,; Dolapo Ojelabi, Industry Specialist, Ideate Technologies; at Autodesk’s Future Forum held in Lagos, Nigeria

Autodesk a leader in 3D design, engineering and entertainment software has called for the adoption of digital technologies in the construction industry.

The Company made the call at a Forum themed: “The Future of Making Things” held at the Radisson Blu Hotel Lagos yesterday.

The event highlighted how the disruptive power of digital technologies can enable a more profitable, resilient and agile construction industry and explained that the Construction industry is a new frontier for innovation.

It also brought to the fore issues plaguing the Construction industry such as rising project complexity, globalization of construction, skills shortage, and access to capital as well as how cloud-enabled technologies present an opportunity for disruption in the way we design, build and operate buildings and infrastructure.

Delivering the keynote address, on the theme ‘The Future of Making Things”, Autodesk Africa’s Country Manager, Simon Bromfield stated that advanced technology in construction may seem like an oxymoron, but the industry is a new frontier for innovation.

He said: “Contractors are pressured on many sides, operating in a market driven by money and risk. Securing a profitable place in tomorrow’s market will be linked to a contractor’s ability to innovate. We urgently need to focus on the future- the future of making things with technology.

When you see how this connectivity influences every facet of a construction site—improving the efficiency, safety, and cost—it is not even a question of whether the industry will move in this direction, only how quickly”.

Also speaking at the event, Managing Partner, ZDesign & Development Consulting Ltd., Arc. Chike Chamberlain Ibeanu said, “The future is about collaborating in ways that previously weren’t possible. It is about having access to knowledge throughout the entire BIM process, both through desktop products as well as through the cloud.

Digitizing the construction process and connecting teams with a common data environment improves collaboration and decision making.

Building information modeling (BIM) provides a solid foundation, and enables greater efficiency and productivity. Any construction company looking to drive business margins, resilience and growth must innovate”. Arc. Ibeanu went further to share success stories attained from the utilization of Building Information Modelling (BIM).

The event further explored the relevance of augmented and virtual reality, generative design, AI/Machine learning, smart cities, factory of the future, and climate change solutions, in the future of construction and infrastructure.

Autodesk desires to help people digitize the construction process and project management, building a unified construction data platform to provide accurate information at the point of decision-making and drive better decisions and more profitable project outcomes.

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