Close Menu
  • Business
    • Market Place
  • Devices & Gadgets
    • Buyers Guide
    • Trending
    • Social
  • Mobile & Telecoms
    • Broadband
  • Innovations
    • APPS
    • Start-ups
    • Software
    • AI ( artificial intelligence)
    • Auto-Tech
  • Health
    • Security
  • State
    • NCC
    • NiRA and .ng
    • NITDA
  • i-Sports
    • i-tertainment/Gaming
    • I-TV/Podcast
  • Reviews
    • Opinion
    • Special Report
    • Editorial and Analysis
  • Others
    • Events
    • Archive
    • Interviews
Facebook X (Twitter) Instagram
Latest
  • TD Africa Onboards Zinox Technologies, Expanding Its Basket of Global Brands
  • Highlights from the 10th Nigeria Innovation Summit
  • First Bank unveils its latest Digital Xperience Centre in Abuja
  • Yemisi Shyllon Museum of Art Presents Second Edition of Collecting Now Exhibition
  • E1 Lagos GP: Lagos Trends Worldwide After Hosting Africa’s Maiden Water Racing Event
  • TD Africa and IBM Spotlight Digital Innovation at GITEX Nigeria 2025
  • FBNQuest Merchant Bank bags “Great Place to Work” Certification
  • NCC in history – avoiding the psychic prison syndrome
Facebook X (Twitter) Instagram YouTube LinkedIn
IT NEWS NIGERIAIT NEWS NIGERIA
Subscribe Now
  • Business
    • Market Place
  • Devices & Gadgets
    • Buyers Guide
    • Trending
    • Social
  • Mobile & Telecoms
    • Broadband
  • Innovations
    • APPS
    • Start-ups
    • Software
    • AI ( artificial intelligence)
    • Auto-Tech
  • Health
    • Security
  • State
    • NCC
    • NiRA and .ng
    • NITDA
  • i-Sports
    • i-tertainment/Gaming
    • I-TV/Podcast
  • Reviews
    • Opinion
    • Special Report
    • Editorial and Analysis
  • Others
    • Events
    • Archive
    • Interviews
IT NEWS NIGERIAIT NEWS NIGERIA
Home»Business»KONGA To Invest In Health Sector, Set To Acquire Pharmacy Chain
Business

KONGA To Invest In Health Sector, Set To Acquire Pharmacy Chain

ITNEWSNIGERIABy ITNEWSNIGERIAApril 15, 2019No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
KONGA
Share
Facebook Twitter LinkedIn Pinterest Email

Press Release:

Advertisement

After a successful launch of Konga Travel, a revolutionary omni-channel travel booking agency, the management of Konga, Africa’s e-Commerce giant has confirmed plans to launch an integrated but cost-effective health project across Nigeria to better serve the served, unserved and under-served with genuine drugs promptly through the acquisition of a pharmacy chain.

Negotiations are believed to have reached an advanced stage for the ambitious project which will launch by third quarter of 2019.

According to Co-CEO, Prince Nnamdi Ekeh who confirmed the development, Konga is passionate about reducing the cost of health service delivery in Nigeria and beyond.

“We have a passion to reduce the cost of last mile delivery of genuine drugs. We have started investing in world class lab equipment that will re-certify drugs delivered through our pharmacy chain. Health services delivery in Nigeria is still very expensive and beset with challenges bordering on access and speed of delivery to users in both urban and rural centres across the country. We intend to change this narrative by extending our retail revolution to this very critical sector.

“We have all the necessary approvals of the Konga Board to launch the most integrated genuine drug availability and delivery project by the third quarter of this year. We already have a commitment of a huge amount from a foundation (name withheld) to subsidize the cost of last mile delivery to some classified persons and organizations.

“We also have approval to import digital lab equipment to test some batches of drugs supplied to our pharmacies nationwide by manufacturers and distributors to make sure they meet global standards.

“We consider this as purely not a commercial rollout because there is social content to it. We are going to partner with stakeholders up to the village level to make sure this happens.

“The roadmap to our quality health project is clear and we are sure it will be a rewarding experience for Nigerians. We will release more information in the month of August but rest assured that, the technology that will drive the network is ready and certified,” he disclosed.

Acquired by the Zinox Group from previous owners, South Africa’s Naspers and Swedish investment firm, AB Kinnevik in January 2018, Konga has undergone a huge transformation that has seen its value grow astronomically over the past 12 months. The company, widely projected to become the first e-Commerce venture to turn profitable on the African continent, has creatively resolved some of the biggest challenges that has hobbled other players in the Nigerian and African e-Commerce scene, including logistics, payment, warehousing, last mile delivery, product quality and customer satisfaction, among others.

Post Views: 401
Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
Previous ArticleOneVOICE, HURILAWS Urge Fair and Timely Dispensation Of 2019 Election Petitions
Next Article ATCON, ALTON Endorse Miss Telecom Nigeria
ITNEWSNIGERIA

Related Posts

2 Mins Read

TD Africa Onboards Zinox Technologies, Expanding Its Basket of Global Brands

October 25, 2025
2 Mins Read

First Bank unveils its latest Digital Xperience Centre in Abuja

October 9, 2025
7 Mins Read

$1 Trillion Economy: Why Tinubu Must Listen to Dangote, Ekeh, Others

July 29, 2025
4 Mins Read

Govt enforces “Nigeria First” Policy

July 28, 2025
Leave A Reply Cancel Reply

About Us
IT NEWS NIGERIA (www.itnewsnigeria.ng) is an on-line platform aimed at enriching Nigeria and Africa content in the cyberspace.

We believe the future is online.
Popular Updates

Design Bootcamps vs Self-Taught, A product designer’s perspective

March 22, 2024

How to get N100,000 loan @3% at Zenith Bank and other services

November 12, 2020

Interview: From Start-ups to Big Brands: Growth Marketing Strategies that work by Oluwasekemi Akinbo

May 18, 2023

Subscribe to Updates

Get the latest tech news & updates from IT NEWS NIGERIA

Facebook X (Twitter) Instagram Pinterest YouTube LinkedIn
  • About Us
  • Privacy Policy
  • Terms of Service
  • Advertise With Us
  • Contact Us
© 2026 IT NEWS NIGERIA.

Type above and press Enter to search. Press Esc to cancel.

Signup to our Newsletter