What you need to understand about this tale is that this was always about an exit. No “Africa rising” narrative or impetus. An exit, pure and simple. There was a global (LATAM, SEA and India) IPO plan and that is what Rocket were executing against. The war was a distraction,
Team Konga & Jumia to Nigeria market. Let’s do this. Kinnevik had arranged a meeting with Oliver Samwer (founder of Rocket Internet), about a possible consolidation of ecommerce in Nigeria. Merge flailing Kasuwa and rebrand the company into Konga, ‘Nigeria online Mall’. Then Oliver starts talking. This wasn’t a normal
Remember Konga Express? A rumoured N2.9B ($18m investment) Bastian and I were heading on our way to the Konga offices in Yaba. It wasn’t a frequent thing, we had only been there a handful of times. We were trying to figure out how to buy billboards across Lagos as it
On Tuesday in Accra, Mrs Njoku and I paid 50 GHS ($9.3) each for a cinema ticket. I was actually annoyed. I have paid this before mind you, but not on a random Tuesday night where there was no more than 15 people in the entire 6:20pm screening for a
Joseph Hundah Former CEO Econet Media/Kwese, Niclas Ekdahl CEO Multichoice Connected Video & ShowMax and little me. Nephew Njoku Before you continue, and if you care enough, I strongly suggest you read| irokotv at 4 | irokotv at 5 | irokotv at 6 | irokotv at 7 1st DECEMBER is IROKOtv’s
Speaking about Monetisation at the Bloomberg Africa Business Media Innovators 2019 in Dakar, Senegal If you didn’t know. IROKOtv has definitely made her dent in the universe. We are seen amongst the biggest boys and gals in media. In simple terms, I have dedicated my life to solving problems and building value
Nollywood is all drama. This is pretty dramatic as it can get I think in startup world. In September 2016 we had just completed a gruelling 4 month due diligence process and we were due to sign our biggest pure cash fundraise yet. We had other interested parties but this
This is me. Super pumped and proud! So last week IROKO announced the successful sale of her incubated media assets ‘ROK Group’ (‘ROK Studios’, ‘ROK1–3 on DStv/GOtv’ and ‘ROK on SKY’). IROKOtv remains intact. Still with a mission. Bring affordable, paid content to the world. Whereas I can’t disclose the number
Would prefer to see a listing It’s been a constant, scary nagging quest for me for the last year. What appears like a simple question, actually isn’t. As I have asked questions from the community, I have found it increasingly difficult to get a solid and acceptable answer. The most common
No idea why I look stern and serious. But this was in 2016… When I was fat. It scares Mrs. Njoku, yet it comes very naturally to me. She calls me an extremist. She is terrified of my lack of moderation. I am either 100% uninterested or 1,000% consumed by it.
~$100 / £80
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