US alternative asset manager TPG is in talks to acquire British data center operator Ark from Elliott Investment Management at a valuation of about $5 billion, according to a Financial Times report on Wednesday, as investors continue to pursue infrastructure supporting government services and the expansion of digital computing. Discussions are ongoing, and a deal […] The post TPG in Talks to Acquire UK Data Centre Operator Ark at $5 Billion Valuation appeared first on Tekedia.

Madica, an Africa-focused pre-seed investment firm, has secured an additional $6 million commitment from Flourish Ventures to support its next three years of investing in early-stage startups across the continent. Each startup will still get up to $200,000, plus 18 months of mentorship, executive coaching and investor-readiness support. All $6 million will go into new […] The post Madica Secures Additional $6 Million from Flourish Ventures to Back African Startups appeared first on Tekedia.

Global stocks rose on Wednesday as renewed enthusiasm for artificial intelligence lifted investor sentiment ahead of earnings from major technology companies, although weakness in European financial shares weighed on regional equities and rising oil prices renewed concerns about energy supply disruptions in the Middle East. Investors are entering a pivotal 48-hour period featuring earnings from […] The post Global Stocks Rise Ahead of Big Tech Earnings as Oil Rally and Central Bank Decisions Test Markets appeared first on Tekedia.

Germany recorded a significant increase in new business formations in 2025, highlighting growing entrepreneurial activity and improving confidence in Europe’s largest economy. Approximately 183,000 new businesses were established during the year, representing a 7.7% increase compared with 2024 and the highest figure recorded since 2010. The data, published on Monday by the Mannheim-based ZEW research […] The post Germany’s Economic Recovery Gains Momentum Despite Rising Energy Prices appeared first on Tekedia.

Flutterwave CEO, Olugbenga Agboola argued that African fintechs are becoming banks because payments alone are no longer enough.

Sava, the next-generation trust company, today emerged from stealth with $10 million in funding led by Gradient Ventures, with participation from Y Combinator, SV Angel, Instacart co-founder Max Mullen, Orange Collective, SurgePoint Capital and Tekedia Capital. The company provides administrative trustee services through its subsidiary, Sava Trust Company, an independent corporate fiduciary chartered in Nevada. […] The post Tekedia Portfolio, SAVA, Raises $10M for AI-Native, Nevada-Chartered Trust Company appeared first on Tekedia.

African countries must harmonise regulatory requirements, connect  payment systems and invest in shared financial infrastructure to make cross-border trade faster and cheaper.

Indian investment platforms are opening access to US stocks for millions of retail investors seeking alternatives to a domestic market that has underperformed global peers, accelerating a shift of household investment money towards overseas technology companies and dollar-denominated assets. Groww, India’s largest investment platform by active investors, introduced US equity trading earlier this month, offering […] The post Local Trading Apps Give Indian Investors Access To U.S. Stocks As Market Slump And AI Gap Drive Demand appeared first on Tekedia.

European companies are facing rising borrowing costs as mounting sovereign debt concerns collide with a surge in financing demand from US technology giants, potentially squeezing corporate earnings and forcing businesses to reconsider investments and shareholder payouts, according to Goldman Sachs. The pressure is emerging from two directions. Rising government bond yields are increasing the benchmark […] The post European Debt Concerns Threaten Corporate Profits as AI Giants Compete for Borrowing Capital – Goldman Sachs appeared first on Tekedia.

Apple’s touchscreen MacBook Pro costs $2,899. Here is what changes and who should wait Apple's first touchscreen MacBook Pro starts at $2,899, $900 more than the M6 model. Here is what changes and who should wait. TechCity

Do You Own a ContiSX M16 Pro Phone, Africa’s Only Native Blockchain Phone? Next week, we will open pre-orders for three other exciting products: ContiSX Watch, ContiSX Ring and ContiSX EarPod. These devices are powered by our proprietary software ecosystem, not Android or iOS. So, if you have not ordered your ContiSX Phone, you may […] The post Do You Own a ContiSX M16 Pro Phone, Africa’s Only Native Blockchain Phone? appeared first on Tekedia.

Oil prices rose on Wednesday as an attack claimed by Yemen’s Iran-backed Houthi movement on Saudi Arabia’s Ras Tanura refinery heightened fears of a prolonged Middle East conflict, reinforcing concerns that disruptions to energy supplies could sustain inflation and complicate the Federal Reserve’s interest-rate outlook. Brent crude futures gained 0.7% to $114.68 a barrel, while […] The post Oil Climbs Above $114 as Houthi Attack Fuels Middle East Supply Fears, Gold Slips Ahead of Fed Decision appeared first on Tekedia.

Bank of America, Blackstone, Citigroup and Morgan Stanley will provide $63 billion in financing to fund the purchase of artificial intelligence chips and networking equipment from Broadcom for Anthropic, underscoring the growing role of debt markets and alternative asset managers in financing the AI infrastructure boom. The transaction ranks among the largest financing arrangements linked […] The post Banks, Blackstone Commit $63 Billion to Finance Broadcom AI Chips for Anthropic appeared first on Tekedia.

China’s largest maker of conventional memory chips, ChangXin Memory Technologies (CXMT), plans to begin limited production of advanced high-bandwidth memory (HBM3E) despite manufacturing yields as low as 20%, highlighting the cost and technological barriers facing Beijing’s effort to build a domestic artificial intelligence chip industry. CXMT expects to start limited production within the next two […] The post China’s CXMT to Begin HBM3E AI Chip Production Despite Yields as Low as 20% appeared first on Tekedia.

Mastercard has partnered with Interswitch to bring Google Pay to eligible Mastercard cardholders in Nigeria, allowing customers to make contactless payments using Android smartphones.

Ewallet casino malaysia picks get a full refresh in this 2026 edition of our comparison. We cover the rails you actually use: DuitNow, Touch ‘n Go, GrabPay, Boost, ShopeePay and FPX, all tied to fast deposits and RM withdrawals. You get a Top 10 ranking, ten deep reviews, deposit and payout walkthroughs, and a checklist […] The post Ewallet Casino Malaysia 2026: Top 10 Trusted E-Wallet Sites appeared first on Tekedia.

Online casino singapore real money play comes down to ten sites that accept SGD and pay out quickly. All ten run under the offshore licences used in this market. Only Singapore Pools, Marina Bay Sands and Resorts World Sentosa hold local licences. Everything else sits offshore in a legal grey area with no local protection. […] The post Best Online Casino Singapore Real Money Sites for October 2026 appeared first on Tekedia.

Microsoft is offering buyouts. Here’s what to check before you take one Microsoft is offering staff in four countries money to leave. Here is what it confirmed, what was reported, and five checks before taking any buyout. TechCity

The US Federal Communications Commission has approved Amazon’s $11.5 billion acquisition of Globalstar, clearing a major regulatory hurdle in the e-commerce giant’s effort to build a satellite communications network capable of challenging SpaceX’s Starlink. The deal gives Amazon Leo access to Globalstar’s existing satellite fleet and mobile-satellite spectrum, strengthening its ability to offer broadband connectivity […] The post FCC Approves Amazon’s $11.5bn Globalstar Deal as Satellite Broadband Rivalry With Starlink Intensifies appeared first on Tekedia.

Michael Saylor, executive chairman of Strategy, has reiterated his view that artificial intelligence (AI) and Bitcoin could play complementary roles in the future of the global economy, with AI driving wealth creation and Bitcoin providing a means of preserving and transferring value over time. The position reflects Saylor’s broader investment philosophy, which distinguishes between technologies […] The post Strategy CEO Michael Saylor Says AI Could Create Wealth While Bitcoin Preserves Value appeared first on Tekedia.

Bitcoin has pushed back above the $81,000 level, marking a notable recovery after trading lower earlier in the week. The move, highlighted in real-time updates saw the cryptocurrency briefly trade near $81,183 according to market charts at the time of the announcement. The reclaim followed a period of volatility in which Bitcoin had dipped toward […] The post Bitcoin Reclaims $81,000 Amid Market Recovery appeared first on Tekedia.

At Moonshot, the Gates Foundation argued that Nigeria’s AI ambitions should be judged by the lives the technology improves.

Anthropic plans to list as ANT. Here’s what public shareholders get Anthropic filed to list on the Nasdaq as ANT. Revenue is soaring, paper losses are huge, and buyers would get little say over the board. TechCity

Meta’s Muse AI agent can shop for you. Check these 6 settings first Meta Muse can send email and buy things for you. Here are six settings to check before you link your email, card and location. TechCity

It came with many benefits, but it was also a consequential responsibility: how do you work with some of Nigeria’s finest young engineers to keep a bank’s servers, core banking systems and general ledger running reliably, every second of the day? I began my banking technology journey at Diamond Bank’s System Automation Unit (SAU) in […] The post From Diamond Bank’s DIBS to ContiSX Tokenized Deposits: The Next Evolution of Banking in Africa appeared first on Tekedia.

GPT-6.1 Terra lets ChatGPT use your apps for you. Here is what to know first OpenAI's GPT-6.1 Terra can read your screen, click and type across apps. Here is who gets it, how often it errs, and what to check before it acts for you. TechCity

Entering a new market is a process where a company identifies how individuals decide to buy, what causes them to choose one item over another and what creates a repeat connection to a specific name. Researching these behaviors is a method to find what customers require, measure the level of interest and create plans that […] The post How to Research Consumer Behavior Before Entering a New Market appeared first on Tekedia.

When a family refrigerator stops cooling on a hot summer weekend, a washing machine overflows into a hallway, or a gas stove fails right before a dinner party, homeowners panic. They don’t spend days researching options or comparing long-term warranty plans. They grab their smartphones and search for immediate, reliable local help. For independent appliance […] The post How Appliance Repair Techs Win Emergency Calls appeared first on Tekedia.

DoorDash is in advanced talks to acquire Instacart in a deal that could value the grocery-delivery platform at approximately $17 billion, as the US food-delivery industry seeks new sources of growth beyond restaurant orders and faces mounting pressure to improve profitability. An agreement could be finalized as soon as Wednesday, although the discussions could still […] The post DoorDash in Advanced Talks to Acquire Instacart in Deal Valued at $17 Billion appeared first on Tekedia.

Moody’s Ratings sees encouraging signs that Japan is emerging from decades of weak economic growth and persistently low inflation, but the sustainability of that recovery is significantly tied to the economy’s ability to withstand future shocks and the government’s capacity to address long-standing structural weaknesses. Martin Petch, a vice president in Moody’s sovereign risk group […] The post Moody’s Sees Japan’s Economic Recovery Gaining Strength but Warns of Fiscal and Demographic Risks appeared first on Tekedia.

Skydance is offering some employees one-time voluntary buyouts as the media company moves to reduce costs following its $110 billion acquisition of Warner Bros. Discovery, a transaction that has significantly expanded its operations while leaving management with a substantial debt burden. In a memo seen by Reuters on Monday, Skydance Chief Executive David Ellison and […] The post Skydance Offers Employee Buyouts as $110 Billion Warner Bros Deal Leaves $80 Billion Debt Burden appeared first on Tekedia.

The American South is undergoing a significant economic and social transformation as wealthy individuals, entrepreneurs, investors, and corporations increasingly direct their money toward the region. Once associated primarily with lower living costs, traditional industries, and slower economic growth, Southern states are becoming attractive destinations for affluent households seeking favorable tax policies, business opportunities, and a […] The post The Ultrawealthy Are Reshaping the US South appeared first on Tekedia.

Nigeria’s broad money supply continued to expand in September 2026, highlighting the growing liquidity in the economy and raising important questions about inflation, monetary policy and financial stability. Broad money supply, measured by M3, increased by 5.40% month-on-month to ?146.60 trillion, representing a 24.47% increase compared with the same period last year. The latest figures […] The post Nigeria’s Money Supply Surges 24.47% Annually, Exceeding CBN’s 2026 Target appeared first on Tekedia.

Global supply chains are undergoing a significant transformation as geopolitical tensions, trade restrictions and changing economic relationships reshape the movement of goods, raw materials and technology across international markets. For decades, businesses prioritized efficiency, lower production costs and access to international suppliers. Recent disruptions have demonstrated that highly interconnected supply networks can become vulnerable when […] The post How Geopolitical Tensions Are Reshaping Global Supply Chains appeared first on Tekedia.