Nigerian Logistics Startup Gokada Files For Chapter 11 Bankruptcy Amid Mounting Financial Challenges

Gokada, Nigeria’s largest-mile logistics delivery startup, has filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the District of Delaware in 2024. The filing highlighted significant financial difficulties, with liabilities exceeding $5.4 million against assets valued at just over $564,000. According to the court documents, Gokada principal assets include its 100% ownership [...]The post Nigerian Logistics Startup Gokada Files For Chapter 11 Bankruptcy Amid Mounting Financial Challenges appeared first on Tekedia.

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