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
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.
