Logistics Startup Gokada Files for Chapter 11 Bankruptcy Amid Financial Struggles
Gokada filed for Chapter 11 bankruptcy protection on October 18, 2024. Total liabilities reported at $5.2 million, including $1.8 million owed to non-insider creditors.
Logistics startup Gokada filed for Chapter 11 bankruptcy protection in 2024
Gokada filed for Chapter 11 bankruptcy protection on October 18, 2024. The company attempted to raise $750,000 in 2023 but was unsuccessful.
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Fintech Is Giving Africa’s Top Telco A Lifeline Amid Setbacks
MTN Group reported a 20.8% decline in group service revenue, largely due to a drop in revenue from its Nigerian operations. MTN's fintech division saw a 27.2% year-on-year growth, with strong performances in Ghana, Uganda, and Cameroon.
