Naija News Feed
Technology
Blnk raises $37 million to target Egypt’s underserved credit market
Blnk said it will use the new funding to expand its lending products, strengthen its technology, and explore growth beyond its current markets.
TechCabal -
Meta Announces Meta Business Agent
Meta introduced Meta Business Agent; AI that lets every business show up for every customer, in every moment, as if they had an infinite team behind them. Set up in minutes or plug directly into your existing enterprise infrastructure so you can 10X or 100X your output, while freeing you up to do the things […]
IT News Africa -
How Jupiter’s On-Chain Forecasting Is Redefining DeFi and Probability Trading
The launch of a native prediction market by Jupiter marks a significant structural evolution within the Solana ecosystem, extending its role from decentralized liquidity aggregation into event-driven derivatives and information markets. Built on Solana, this development signals a convergence between high-throughput blockchain infrastructure and the growing demand for on-chain forecasting instruments. Prediction markets occupy a […] The post How Jupiter’s On-Chain Forecasting Is Redefining DeFi and Probability Trading appeared first on Tekedia.
Tekedia -
Canon South Africa Announces Leadership Transition
Canon South Africa has appointed Tunca Rodoplu as Country Director, effective 1 July 2026. He will lead the company’s strategy and drive growth across the Canon portfolio in Southern Africa. Rodoplu brings extensive regional and commercial experience to the role, having held senior positions across Canon EMEA. Most recently he served as Canon South Africa’s […]
IT News Africa -
AI Launchpad Guide to Disrupt Unemployment & Seize Opportunities
Interest in artificial intelligence is growing globally, but many South African youths have limited guidance on leveraging AI for income. Research suggests that about 35% of Gen Z (ages 13 to 28) use AI tools daily; few can convert this familiarity into economic opportunities. Understanding the intersection of AI, employability, and entrepreneurship is vital as the […]
IT News Africa -
Moody’s Mark Zandi Says U.S. Economy Is Flashing a Warning Sign Even as GDP Keeps Growing
The U.S. economy continues to post positive growth figures, with gross domestic product (GDP) expanding and consumer spending remaining relatively resilient. On the surface, these indicators suggest an economy that is successfully navigating a challenging environment marked by high interest rates, geopolitical uncertainty, and rapid technological change. Yet according to economist Mark Zandi, chief economist […] The post Moody’s Mark Zandi Says U.S. Economy Is Flashing a Warning Sign Even as GDP Keeps Growing appeared first on Tekedia.
Tekedia -
SpaceX Is The First Too-Big-to-Fail IPO
For decades, the phrase “too big to fail” has been associated with major banks, financial institutions, and corporations whose collapse could threaten broader economic stability. Today, however, a new candidate is emerging from a very different industry. SpaceX, the private aerospace company founded by Elon Musk, is increasingly being viewed as the first truly too-big-to-fail […] The post SpaceX Is The First Too-Big-to-Fail IPO appeared first on Tekedia.
Tekedia -
Nicolás Maduro Strengthens Defense Team With One of Diddy’s Lawyers
Former Venezuelan leader Nicolás Maduro has added a high-profile attorney from the legal team that represented Sean Combs, better known as Diddy, to his defense team as he prepares for a major legal battle in the United States. The move has drawn significant attention because it links one of the most politically controversial defendants in […] The post Nicolás Maduro Strengthens Defense Team With One of Diddy’s Lawyers appeared first on Tekedia.
Tekedia -
iRWA secures 6 further projects – total 22, $607 billion of assets – 50% African
LONDON, June 2026 — intangible Real World Assets (iRWA) has increased traction to 22 projects representing over $600 billion of assets under management. From a pilot in Sept 2025, the rate of onboarding has now increased from 2 per month to 6 in May 2026. Largest growth has been in Africa, a continent rich in […] The post iRWA secures 6 further projects – total 22, $607 billion of assets – 50% African appeared first on Tekedia.
Tekedia -
Binance Launches U.S. Stocks Trading and Previews bStocks Tokenized Securities
Binance introduced U.S. equities trading, giving eligible users access to more than 7,000 U.S.-listed stocks and ETFs. The launch reflects Binance’s belief that financial inclusion grows meaningfully when access to opportunities becomes simpler and more integrated. Binance will also soon introduce tokenized U.S. stocks, marking another step in its vision of a multi-asset financial super […]
IT News Africa -
79% of SA Organisations Experienced Three Identity-related Breaches in 12 Months
Seventy-nine percent of South African organisations experienced at least three successful identity-related breaches in the last 12 months, driven largely by the explosion of agentic and machine identities. This is according to the Identity Security Landscape Report 2026 by CyberArk, a Palo Alto Networks company, which reveals that the attack surface is expanding faster than […]
IT News Africa -
Nigeria must prioritise local internet routing to strengthen digital economy — Expert
Key points Main story An Innovation and Technology Policy Adviser, Mr. Jide Awe, has called on Nigeria to urgently prioritise local internet routing in order to reduce operational costs, strengthen digital sovereignty, and drive economic growth. Awe, Founder of Jidaw.com Ltd., an information and communications technology firm, made the call in an interview with the […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
BizwatchNigeria -
 
 
Kenyan companies cut jobs after 15-month hiring streak amid weaker demand
Private sector firms reduced staffing levels after more than a year of continuous job creation, according to data from Stanbic Bank Kenya's latest Purchasing Managers' Index (PMI).
TechCabal -
10 Ways to Spot AI-Generated Posts Fueling South Africa’s Xenophobia Crisis
As tensions around immigration and xenophobia continue to flare in South Africa, social media platforms are increasingly being flooded with misleading, manipulated, and AI-generated content designed to provoke outrage, drive engagement, and generate advertising revenue. Many of these posts appear authentic at first glance. They often feature shocking images, emotional videos, or alarming claims about […]
IT News Africa -
👨🏿‍🚀TechCabal Daily – AfricInvest ships out of Centaures
In today's edition: AfricInvest partially exits Centaures || Grey Business crosses $61 million in stablecoin payments || Mr Price spent $60.4 million on tech and retail || Lesotho secures $6.2 billion for hydropower and AI hub
TechCabal -
The Next Wave: Why $215 million went to Spiro
Many EV startups approached the market by selling electric motorcycles directly to riders. The challenge was that the economics never worked particularly well.
TechCabal -
Liberia Secures $125m Boost for Energy, Digital Connectivity
Liberia has signed a series of major financing agreements with the World Bank to accelerate development across energy, digital connectivity, and transport infrastructure, in a move aimed at supporting long-term economic transformation and regional integration. The signing ceremony was held at the Mount Coffee Hydropower Complex shortly after President Joseph Nyuma Boakai officially commissioned a […]
IT News Africa -
Jamie Dimon’s JPMorgan AI Hiring Push will Transform Wall Street Banking Workflows
Jamie Dimon’s recent signal that JPMorgan Chase will expand hiring of AI specialists alongside traditional bankers marks a structural shift in how large financial institutions are internalizing artificial intelligence. Rather than treating AI as an external vendor layer or experimental productivity tool, the bank is effectively embedding it into its core operating model. This reflects […] The post Jamie Dimon’s JPMorgan AI Hiring Push will Transform Wall Street Banking Workflows appeared first on Tekedia.
Tekedia -
Agentic AI Is Driving a New Compute Economy Built on Continuous GPU Demand
Jensen Huang has recently emphasized a structural shift in artificial intelligence demand, pointing to a massive upsurge in inference workloads, escalating compute expenditure, and the emergence of an agentic AI economy. His framing suggests that the industry has moved beyond the initial training-centric phase of large models into a persistent, consumption-driven compute regime where inference […] The post Agentic AI Is Driving a New Compute Economy Built on Continuous GPU Demand appeared first on Tekedia.
Tekedia -
A Crackdown on H-1B Visas Is Causing Indian Buyers to Leave the Dallas Housing Market
The Dallas housing market has long benefited from strong demand generated by highly skilled immigrants, particularly professionals from India working in the technology, engineering, healthcare, and financial sectors. Many of these individuals arrived in the United States through the H-1B visa program, which allows American companies to hire foreign workers in specialized occupations. Growing uncertainty […] The post A Crackdown on H-1B Visas Is Causing Indian Buyers to Leave the Dallas Housing Market appeared first on Tekedia.
Tekedia -
Tomi Davies, Dr. Victor ‘Gbenga Afolabi to Unveil Africa’s First Ad-Agency GPT at MarkHack 5.0
Tomi Davies, Dr. Victor ‘Gbenga Afolabi to Unveil Africa’s First Ad-Agency GPT at MarkHack 5.0 MarkHack 5.0, Nigeria’s premier marketing, media, and technology conference, will hostthe official unveiling of Ad-Agency GPT—Africa’s first generative… TechCity
Tech City NG -
US Doctor Treated for Ebola Discharged from Berlin Hospital
An American physician who was recently treated for Ebola virus disease in Germany has been discharged from a hospital in Berlin, marking the end of a closely monitored medical case that drew international attention from infectious disease specialists and public health authorities. The patient had been receiving specialized care in Berlin after being diagnosed with […] The post US Doctor Treated for Ebola Discharged from Berlin Hospital appeared first on Tekedia.
Tekedia -
Clarity Act Added to Senate Legislative Calendar
The addition of the Clarity Act to the Senate legislative calendar marks a significant development in the ongoing effort to establish a comprehensive regulatory framework for digital assets in the United States. As cryptocurrencies, blockchain networks, tokenized assets, and decentralized finance continue to expand in both scale and influence, lawmakers have faced increasing pressure to […] The post Clarity Act Added to Senate Legislative Calendar appeared first on Tekedia.
Tekedia -
Arthur Hayes Explains Why the AI Bubble Won’t Pop
In recent macro commentary, Arthur Hayes has advanced a contrarian thesis that challenges the dominant AI bubble collapse narrative. Instead of an imminent speculative implosion resembling past tech cycles, he argues that structural liquidity conditions, fiscal dynamics, and the industrial nature of AI capital expenditure make a traditional bubble pop unlikely. In his framing, AI […] The post Arthur Hayes Explains Why the AI Bubble Won’t Pop appeared first on Tekedia.
Tekedia -
 
 
How Crypto Collateral Is Entering U.S. Housing Finance in 2026
The funding of the first Fannie Mae-insured Bitcoin-backed mortgage marks a structural milestone in the gradual convergence of traditional credit markets and digital asset collateralization. It signals not just an isolated financial innovation, but a potential shift in how regulated mortgage finance frameworks may interpret non-traditional collateral classes in the coming cycle. The transaction reportedly […] The post How Crypto Collateral Is Entering U.S. Housing Finance in 2026 appeared first on Tekedia.
Tekedia -
The Significance of F. C. Ogbalu Memorial Lectures for Igbo Writing
Let me commend Nnamdi Azikiwe University for honoring Dr. F. C. Ogbalu by hosting academic lectures in his memory. Few individuals have contributed as profoundly to the development and standardization of the Igbo language as Ogbalu. For many of us, his work shaped our understanding of Igbo long before we fully appreciated the magnitude of […] The post The Significance of F. C. Ogbalu Memorial Lectures for Igbo Writing appeared first on Tekedia.
Tekedia -
HYPE Flips SOL in Price as Hyperliquid Gains Mainstream Attention
The cryptocurrency market witnessed another significant milestone as HYPE, the native token of the Hyperliquid ecosystem, surpassed Solana (SOL) in price per token. While market capitalization remains the more important metric for evaluating the overall size of a blockchain project, HYPE’s rise above SOL on a price-per-token basis symbolizes the growing influence of Hyperliquid within […] The post HYPE Flips SOL in Price as Hyperliquid Gains Mainstream Attention appeared first on Tekedia.
Tekedia -
Zcash Plunges Below $250 After Orchard Exploit Post-Mortem Raises Supply Integrity Concerns
The privacy-focused cryptocurrency Zcash experienced a sharp decline, briefly falling below the $250 mark after its development team released a detailed post-mortem of a critical vulnerability known as the Orchard exploit. The report revealed that the flaw could have allowed attackers to create an unlimited number of ZEC tokens, potentially undermining one of the most […] The post Zcash Plunges Below $250 After Orchard Exploit Post-Mortem Raises Supply Integrity Concerns appeared first on Tekedia.
Tekedia -
Over $3 Billion Liquidated as Bitcoin Falls
The cryptocurrency market experienced one of its most dramatic selloffs of the year on Friday as more than $3 billion in leveraged positions were liquidated after Bitcoin plunged below the critical $60,000 level. The sudden decline triggered widespread panic across digital asset markets, wiping out billions of dollars in value within hours and highlighting the […] The post Over $3 Billion Liquidated as Bitcoin Falls appeared first on Tekedia.
Tekedia -
IBM and Red Hat Bet $5 Billion on Open-Source Security as AI-Driven Vulnerability Risks Escalate
IBM is making one of its largest cybersecurity commitments in years, pledging $5 billion to a new initiative aimed at tackling a growing problem at the heart of modern software development: securing the open-source code that underpins much of the global digital economy. The project, dubbed Project Lightwell, is a joint effort between IBM and […] The post IBM and Red Hat Bet $5 Billion on Open-Source Security as AI-Driven Vulnerability Risks Escalate appeared first on Tekedia.
Tekedia -
Data On Trial: MTN Throws Open Its Billing Systems as Internet Subscribers Allege Arbitrary Data Charges
For years, accusations of unexplained data depletion have remained one of the most contentious issues in Nigeria’s telecommunications sector, fueling customer frustration, regulatory scrutiny, and widespread distrust of mobile network operators. As smartphones become the primary gateway to banking, entertainment, commerce, and work, disputes over disappearing data have evolved from isolated complaints into a reputational […] The post Data On Trial: MTN Throws Open Its Billing Systems as Internet Subscribers Allege Arbitrary Data Charges appeared first on Tekedia.
Tekedia -
Polymarket Completes Six-Figure On-Chain Institutional Hedge Tied to Nvidia GPU Compute Prices
The convergence of decentralized finance, prediction markets, and artificial intelligence infrastructure has reached a new milestone as Polymarket successfully facilitated a six-figure on-chain institutional hedge linked to Nvidia GPU compute prices. The transaction highlights how blockchain-based financial tools are evolving beyond speculative trading and into sophisticated risk-management solutions for institutions operating in the rapidly growing […] The post Polymarket Completes Six-Figure On-Chain Institutional Hedge Tied to Nvidia GPU Compute Prices appeared first on Tekedia.
Tekedia -
Brazilian Raízen Secures Support for Record $12.6bn Debt Restructuring as Shell Backs Turnaround Effort
Brazilian sugar and ethanol giant Raízen has cleared a critical hurdle in its effort to stabilize its finances after securing enough creditor support to proceed with a massive 65 billion reais ($12.57 billion) out-of-court restructuring, the largest corporate debt workout ever recorded in Brazil. The agreement marks a major feat for a company that was […] The post Brazilian Raízen Secures Support for Record $12.6bn Debt Restructuring as Shell Backs Turnaround Effort appeared first on Tekedia.
Tekedia -
SpaceX Draws $150bn in Investor Demand for Historic IPO, Highlighting Sky-High Expectations for Musk’s Space and AI Vision
Signaling extraordinary enthusiasm for what is set to become the largest IPO in history, SpaceX has attracted roughly $150 billion in investor demand for its upcoming initial public offering, double the $75 billion it is seeking to raise, according to two people familiar with the matter cited by Reuters. The rocket and satellite company is […] The post SpaceX Draws $150bn in Investor Demand for Historic IPO, Highlighting Sky-High Expectations for Musk’s Space and AI Vision appeared first on Tekedia.
Tekedia -
How Ending the PDT Rule and SpaceX Pre-IPO Perps Could Reshape Crypto and Stock Markets
The reported end of the Pattern Day Trader (PDT) rule, paired with Coinbase’s launch of pre-IPO perpetuals tied to SpaceX valuation exposure, signals a structural shift in how retail access, leverage, and private-market speculation converge within modern financial markets. These developments point to a gradual dismantling of legacy brokerage constraints and a parallel expansion of […] The post How Ending the PDT Rule and SpaceX Pre-IPO Perps Could Reshape Crypto and Stock Markets appeared first on Tekedia.
Tekedia -
US–Japan $1 Billion Tech Alliance for AI, Quantum Computing, Fusion Energy, and Biotechnology
The United States and Japan have announced a $1 billion partnership aimed at accelerating breakthroughs in artificial intelligence, quantum computing, nuclear fusion, and biotechnology. The initiative reflects a shift toward integrated technological alliances among advanced economies seeking to maintain leadership in frontier science. The agreement signals coordinated research agendas, shared infrastructure development, and deeper alignment […] The post US–Japan $1 Billion Tech Alliance for AI, Quantum Computing, Fusion Energy, and Biotechnology appeared first on Tekedia.
Tekedia -