I was surprised the Register didn't provide the additional context of AFRINIC's revocation of Cloud Innovations IP4 blocks that were being sold anywhere but Africa[1][2][3].
FYI The Reg has covered the back story - https://www.theregister.com/2023/07/03/nrs_afrinic_review/ - but suffice to say anything written about Cloud Innovation quickly attracts the attention of its lawyers. But evidence is being collected and the full story will one day be told.
1. https://news.ycombinator.com/item?id=43753738
2. Now-deleted report on involved parties by South African news org https://archive.is/bcSDY
3. https://lowendtalk.com/discussion/172579/cloud-innovations-i...