Joy is coming for MTN shareholders
MTN Nigeria incurred negative shareholder equity of ₦324.6 billion, stalling dividend payments. The company reported net forex losses of ₦740.4 billion in 2023 and ₦925.4 billion in 2024.
Brij Fintech Ghana Launches B2B Currency Swap Pilot
Brij Fintech Ghana has initiated a six-month pilot for the BrijX B2B Currency Swap Platform. The platform enables direct currency swaps between the Ghanaian Cedi and the Nigerian Naira.
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.
Africa’s H2 2024 Investment Landscape: New Opportunities and Challenges
Stabilization of the Nigerian Naira Surge in renewable energy investments
