Ivory Coast’s Anka Acquired for Undisclosed Sum Following French Parent’s Swift Liquidation

Anka, the pan-African e-commerce platform for African creators formerly known as Afrikrea, has been acquired by the newly-formed Global Shop Group for an undisclosed sum, approximately two months after its French parent company MANSAART entered judicial liquidation. The acquisition represents a rapid and forced sale following the collapse of the venture-backed startup’s parent entity. Court…

Seven-year bans for sisters who enabled insolvency avoidance scheme and put creditors at risk of financial loss

Karen Mortimer and Joanna Seawright have been disqualified for their part in a scheme designed to subvert insolvency legislation  Both facilitated the Atherton corporate rescue scheme by becoming directors of a combined 138 struggling companies without independently verifying their financial positions, failing to look into the location of more than £42 million in assets and…