Africa’s electric mobility market is moving from early experimentation toward a more infrastructure-driven phase, and Kenyan startup ARC Ride is positioning itself around one of the biggest challenges facing electric motorcycle adoption: keeping vehicles powered and on the road. Founded in 2020, ARC Ride has built its business around electric two-wheelers and a Battery-as-a-Service (BaaS)…

When the Central Bank of Nigeria (CBN) cuts its benchmark interest rate, businesses might expect cheaper loans to follow. In practice, however, lower monetary policy rates do not automatically translate into easier or cheaper credit for small and medium-sized enterprises (SMEs). Nigeria’s Monetary Policy Committee reduced the Monetary Policy Rate (MPR) by 50 basis points…

Nigeria has abundant sunlight, a growing electricity deficit and a large population that needs more reliable power. Yet despite the country’s strong potential for solar energy, financing remains one of the biggest obstacles to turning ambitious renewable-energy plans into operating power plants. The challenge is not necessarily a lack of projects. Developers, government agencies and…

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:…