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Jiji acquires Cars45

Classifieds marketplace, Jiji has announced its acquisition of Cars45 for an undisclosed amount. This would see the class-eds company make a foray into transactional marketplaces. Since its inception, Cars45, founded by former Konga and DealDey executive Etop Ikpe, has seen different owners. A year after opening its doors, the startup received $5 million in funding from the Frontier […]

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Ketron Investment Limited acquires Shoprite stores in Nigeria

Ketron Investment Limited, a Nigerian firm has completed the acquisition deal of Retail Supermarkets Nigeria Limited (RSNL), owner and operator of the Shoprite stores in Nigeria. Ketron is owned by a group of investors led by Persianas Investment Limited, a statement from Ketron, said on Tuesday. It said the change in ownership has also received […]

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