Rocket Internet has added real estate portal Vamido to its properties in Nigeria, the site has online property listings for sale and rent in Nigeria.
Vamido works simply, you log on, search and surf, find a property and contact the seller.
According to sources, the Vamido.com.ng domain is owned by AIH (Africa Internet Holding) a firm partially owned by Millicom which bought Rocket Internet’s shares of AIH and Latin America Internet Holding (LIH) for €340m for the first 50 per cent.
The firms are still working together for the next three years, Millicom this March increased its stake in the holding companies from 20 to 35 percent according to sources. Vamido will join Rocket Internet other shopping portals Kaymu and Jumia in Nigeria.