A $7.4 million court enforcement proceeding involving Dubai-based virtual asset broker XBase is drawing attention to an increasingly important issue in the digital-asset industry: how institutions assess the legal and operational risks of the companies handling their transactions. According to reports citing Takyon.Law, Omer Ben Matityahu filed for enforcement of a 27.2 million UAE dirham…

For Nigerians living abroad, supporting the health of parents and relatives back home can be difficult. Distance can make it challenging to monitor medical conditions, arrange appointments or respond quickly when a loved one needs care. VigorCare is emerging around this gap, using telemedicine and digital health tools to connect Nigerians in the diaspora with…

Artificial intelligence is becoming increasingly capable of understanding human speech, but much of the technology remains concentrated around languages with large digital datasets. NKENNEAi is seeking to change that balance with the launch of its first African-language speech models, beginning with Swahili. The move highlights one of the continent’s biggest challenges in the AI era:…

Access to reliable electricity remains a major challenge across parts of Africa, and distributed solar is increasingly being used to reach households and communities beyond the limits of traditional power grids. In Zambia, a new $5 million investment from Acumen into Sun King is set to support the expansion of affordable solar energy solutions. The…

Nigeria’s cassava industry is increasingly becoming more than an agricultural story. Beneath the fields and processing plants lies a financing opportunity that could reshape how smallholder farmers access capital, manage risk and participate in the formal economy. A $6.8 million financing initiative linked to Nigeria’s cassava value chain illustrates how agricultural finance is moving beyond…

Sterling Financial Holdings Company PLC has commenced a share capital reconstruction aimed at reorganising its equity structure while leaving the company’s total shareholders’ funds unchanged. The move represents a balance-sheet restructuring rather than a fresh injection of capital into the group. Share capital reconstruction is generally used by companies to reorganise the nominal structure of…