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Technology
Aramco Delivers $32.5bn Q1 Profit, Says World Has Lost 1bn Barrels of Oil as Iran War Exposes Fragility of Global Energy System
Saudi Aramco has delivered one of the starkest warnings yet about the fallout from the U.S.-Iran war, saying the global oil market has effectively lost around one billion barrels of supply over the past two months and that the resulting energy shock will not disappear quickly even if diplomacy eventually succeeds. The comments from Aramco […] The post Aramco Delivers $32.5bn Q1 Profit, Says World Has Lost 1bn Barrels of Oil as Iran War Exposes Fragility of Global Energy System appeared first on Tekedia.
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Preparing for Future Careers and Businesses: Insights and Strategies
In an ever-evolving global economy, the landscape of careers and businesses is changing rapidly. With technological advancements and shifts in market dynamics, individuals and organizations must adapt to stay competitive. This article explores how education and strategic planning can prepare us for these changes. By focusing on continuous learning and embracing innovative business models, we […] The post Preparing for Future Careers and Businesses: Insights and Strategies appeared first on Tekedia.
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How to Set Screen Time Limits That You’ll Actually Stick To
How to Set Screen Time Limits That You’ll Actually Stick To Setting screen time limits sounds easy until real life gets in the way. One quick scroll turns into… TechCity
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Apple releases iOS 26.5: Here is everything that changed on your iPhone
Table of contents What’s new in iOS 26.5 What Apple did not include in iOS 26.5 What’s coming next Which iPhones can run iOS 26.5 Should you update now? Apple dropped iOS 26.5 today, and your iPhone can pick it up right now. Head to Settings, tap General, then Software Update, and the download will […]
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How Technology Is Simplifying Life Insurance for Seniors
Despite the clear and obvious risks, many Americans don’t have a life insurance policy, putting their loved ones at risk. For seniors living their retirements on a fixed income, a lack of life insurance can be particularly consequential for the family left behind. Digital technology is changing this outlook, making it easier than ever for […] The post How Technology Is Simplifying Life Insurance for Seniors appeared first on Tekedia.
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ABAN says Africa’s startup funding recovery is “more grounded” than previous peaks
For this week’s Ask an Investor, Favour Ubaka speaks on why angel deal participation rebounded in 2025 after a two-year decline, according to ABAN's 2025 Angel Investment Survey Report.
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Top Casino Leaders: Spartans, Betfair, BC.Game & Paddy Power Compared for Fast Withdrawals
The digital wagering space now demands fast transactions and full financial clarity. High-volume participants prefer platforms that show deep liquidity and a strong record of paying large prize pools. Choosing the best online casino instant payout platform becomes essential for users moving large daily funds. As the market grows, only a few top operators deliver […] The post Top Casino Leaders: Spartans, Betfair, BC.Game & Paddy Power Compared for Fast Withdrawals appeared first on Tekedia.
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Private Technology Giants Prepare to Reshape Public Markets with Trillion Dollar IPO
The global financial landscape is entering a historic phase as private technology giants prepare to reshape public markets. According to research from Binance, three trillion-dollar initial public offerings (IPOs) are expected to emerge in 2026, an unprecedented development in modern financial history. Until now, only one company — Saudi Aramco — had achieved such a […] The post Private Technology Giants Prepare to Reshape Public Markets with Trillion Dollar IPO appeared first on Tekedia.
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Bitcoin Reclaims $82,000 then Drops Amid US-Iran Tensions as Markets Brace For Inflation Data
Bitcoin climbed back above the $82,000 mark after renewed geopolitical tensions between the United States and Iran triggered sharp volatility across global financial markets, including cryptocurrencies and oil. It has since dropped to about $80,000. The rally followed comments from Donald Trump, who reportedly rejected Iran’s latest proposal aimed at ending the ongoing conflict. According […] The post Bitcoin Reclaims $82,000 then Drops Amid US-Iran Tensions as Markets Brace For Inflation Data appeared first on Tekedia.
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Africa Needs Grid-Scale Energy to Power AI Data Centres
he rapid expansion of artificial intelligence is fundamentally reshaping global energy demand, with implications that extend well beyond traditional power planning. Nowhere is this more apparent than in the growing energy footprint of data centers. Facilities that once required tens of megawatts are now being developed at 100–200 MW scale, with hyperscale campuses increasingly aggregating […] The post Africa Needs Grid-Scale Energy to Power AI Data Centres appeared first on Tech In Africa.
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U.S. Slaps New Iran Sanctions on Chinese, UAE Firms Even as Peace Talks Advance, Signaling War May Drag On
The U.S. Department of State has imposed a fresh round of sanctions targeting companies and individuals in China, the United Arab Emirates, Belarus, and Iran, a move that underscores how fragile and uncertain diplomatic efforts to end the U.S.-Iran war remain. While Washington and Tehran are publicly discussing ceasefire proposals and possible frameworks for renewed […] The post U.S. Slaps New Iran Sanctions on Chinese, UAE Firms Even as Peace Talks Advance, Signaling War May Drag On appeared first on Tekedia.
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Three of Nigeria’s biggest banks lost $1.56 million to fraud in 2025
Nigeria's biggest banks lost $1.56 million to fraud in 2025. While incidents fell, fraudsters are extracting more per attack as digital payments scale.
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The Next Major Resource Maybe Compute Power, Larry Fink Says 
The modern global economy has always been built around scarce and valuable resources. In the industrial era, oil became the defining commodity that powered nations, industries, and geopolitical influence. In the digital age, data emerged as a strategic asset that reshaped finance, advertising, and technology. Now, according to Larry Fink, the next major resource may […] The post The Next Major Resource Maybe Compute Power, Larry Fink Says  appeared first on Tekedia.
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Crypto Industry is Overcrowded with Ghost Chains and Zombie Coins
The cryptocurrency industry was built on the promise of decentralization, financial freedom, and technological innovation. Yet beneath the optimism lies a harsh reality: the market is overcrowded with ghost chains and zombie coins. Ghost chains are blockchains that technically still exist but have little activity, few developers, almost no users, and negligible economic value. Zombie […] The post Crypto Industry is Overcrowded with Ghost Chains and Zombie Coins appeared first on Tekedia.
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MTN Rwanda returns to profit as data and fintech drive Q1 growth
MTN Rwanda returned to profit in the first quarter of 2026, helped by strong growth in internet usage and mobile money services.
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Stock Market Continues to Climb to Record Highs Fueled by Global Conviction on AI
The stock market continues to climb to record-breaking highs, fueled by a global conviction that artificial intelligence represents the defining economic opportunity of the modern era. Across Wall Street and international markets, investors are pouring trillions of dollars into companies perceived to be leading the AI revolution. To many market participants, AI has become a […] The post Stock Market Continues to Climb to Record Highs Fueled by Global Conviction on AI appeared first on Tekedia.
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Crypto Industry Entering a New Phase of Maturity But with Escalation in Cybercrime
The cryptocurrency industry is entering a new phase of maturity, but with that evolution has come a dramatic escalation in cybercrime, geopolitical competition, and institutional positioning. What was once viewed as a niche technological experiment has now become a battlefield involving nation-states, artificial intelligence, organized hacking groups, and some of the world’s largest financial institutions. […] The post Crypto Industry Entering a New Phase of Maturity But with Escalation in Cybercrime appeared first on Tekedia.
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Coinbase Enters 2026 Facing Contradictory Revenue Quarters in its History
Coinbase entered 2026 facing one of the most contradictory quarters in its history. On one hand, the company continued to position itself as a cornerstone of the global crypto economy through strategic Bitcoin accumulation and institutional expansion. On the other hand, it reported a staggering $394 million net loss in the first quarter and suffered […] The post Coinbase Enters 2026 Facing Contradictory Revenue Quarters in its History appeared first on Tekedia.
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US Economy Added 115,000 Jobs in April 2026
The latest U.S. labor market data delivered a message that many economists and investors were eager to hear: the American economy is still creating jobs at a healthy pace despite persistent concerns about inflation, high interest rates, and slowing global growth. In April, the U.S. economy added 115,000 jobs, while March payroll numbers were revised […] The post US Economy Added 115,000 Jobs in April 2026 appeared first on Tekedia.
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Agritech attracts strongest African angel investor interest despite funding decline
New report reveals that in 2025, agriculture and agritech have emerged as the top choice for African angel networks and the second choice for individual angels.
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Kenya’s Watu posts record $37 million profit on phone financing explosion
The Nairobi-based company reported a net profit of KES 4.8 billion ($37 million) for the year ended December 31, 2025, up from KES 157 million ($1.2 million) a year earlier. Revenue rose 92.7% to KES 28.3 billion ($219.2 million), according to disclosures by Car & General, which holds a 29% stake in the business.  
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👨🏿‍🚀TechCabal Daily – Glovo serves up Nairobi
In today's edition: Glovo opens head office in Nairobi || Egyptian fintech Valu becomes an SME lender || South Africa’s IT agency gets new board || Airtel revenue per user climbs in Nigeria
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Alibaba Pushes AI Deeper Into Commerce With Qwen-Taobao Integration in Bid to Reinvent Online Shopping
Alibaba is preparing one of its most ambitious artificial intelligence rollouts yet, integrating its Qwen AI platform directly with Taobao and Tmall in a move that could fundamentally change how consumers shop online and deepen China’s lead in AI-driven commerce. The initiative would allow users to browse, compare, and purchase products through natural conversations with […] The post Alibaba Pushes AI Deeper Into Commerce With Qwen-Taobao Integration in Bid to Reinvent Online Shopping appeared first on Tekedia.
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North Korea Amends its Constitution for Nuclear Strike If Kim Jong Un is Assassinated
The decision by North Korea to reportedly amend its constitution so that a nuclear strike would be automatically launched if leader Kim Jong Un is assassinated represents one of the most alarming developments in modern nuclear doctrine. The policy reflects not only the extreme militarization of the North Korean state, but also the growing fear […] The post North Korea Amends its Constitution for Nuclear Strike If Kim Jong Un is Assassinated appeared first on Tekedia.
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Germany’s Aviation Industry Facing Renewed Uncertainty Culminated by Several Factors
Germany’s aviation sector is facing renewed uncertainty as major airports across the country warn that millions of flights could be cancelled or severely disrupted in the coming months. The warning reflects a growing crisis in European air travel, driven by labor shortages, strikes, rising operational costs, climate regulations, and increasing pressure on airport infrastructure. For […] The post Germany’s Aviation Industry Facing Renewed Uncertainty Culminated by Several Factors appeared first on Tekedia.
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Germany Has Effectively Used Up Its Natural Resources for 2026
Germany’s declaration that it has effectively used up its natural resources for 2026 is a stark reminder of the immense ecological pressure modern industrial economies place on the planet. This milestone, often referred to as Overshoot Day, marks the point at which a country has consumed all the natural resources that Earth can regenerate within […] The post Germany Has Effectively Used Up Its Natural Resources for 2026 appeared first on Tekedia.
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“Back to Work” — Strategy CEO Michael Saylor Hints at Another Huge Bitcoin Purchase
Michael Saylor, executive chairman of Strategy, has once again fueled speculation that the company could be preparing for another massive Bitcoin purchase. In a recent post on X, Saylor posted his signature phrase that has become synonymous with fresh Bitcoin accumulation, which he wrote, “Back to work. $BTC”. The post, which included Strategy’s latest Bitcoin […] The post “Back to Work” — Strategy CEO Michael Saylor Hints at Another Huge Bitcoin Purchase appeared first on Tekedia.
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Judge Demands Transparency Over $1.5m Musk–SEC Settlement, Won’t Rubberstamp Deal
A U.S. federal judge has declined to immediately approve the proposed settlement between Elon Musk and the U.S. Securities and Exchange Commission, signaling that the agreement will face closer scrutiny over how it was negotiated and whether it adequately serves the public interest. U.S. District Judge Sparkle Sooknanan ruled Friday that she needs additional information […] The post Judge Demands Transparency Over $1.5m Musk–SEC Settlement, Won’t Rubberstamp Deal appeared first on Tekedia.
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Gulf Markets Slip as Drone Threats and Iran Uncertainty Rattle Investors Despite Hormuz LNG Breakthrough
Most major Gulf stock markets closed lower on Sunday as renewed security concerns in the Middle East overshadowed tentative signs of stability in regional energy flows, highlighting how fragile investor confidence remains even after the resumption of some shipping activity through the Strait of Hormuz. Fresh drone incidents, uncertainty surrounding U.S.-Iran peace efforts and fears […] The post Gulf Markets Slip as Drone Threats and Iran Uncertainty Rattle Investors Despite Hormuz LNG Breakthrough appeared first on Tekedia.
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Tekedia Capital Congratulates TradeGrid for +342.7% Quarter-on-Quarter Growth
What an extraordinary quarter the TradeGrid Team has delivered to shareholders: an impressive +342.7% quarter-on-quarter revenue growth.   On behalf of Tekedia Capital investors, I want to commend the team for the exceptional execution of the mission. It feels like yesterday when we wrote the first cheque into this company, and today, TradeGrid powers transactions […] The post Tekedia Capital Congratulates TradeGrid for +342.7% Quarter-on-Quarter Growth appeared first on Tekedia.
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Nvidia’s China AI Business Collapses to Zero, CEO  Jensen Huang Says, Warns U.S. Curbs Are Backfiring
Nvidia chief executive Jensen Huang says the company’s share of China’s artificial intelligence accelerator market has effectively collapsed to zero, delivering one of the starkest warnings yet about the consequences of Washington’s escalating semiconductor export restrictions. “In China, we have now dropped to zero,” Huang said during an interview with the Special Competitive Studies Project. […] The post Nvidia’s China AI Business Collapses to Zero, CEO  Jensen Huang Says, Warns U.S. Curbs Are Backfiring appeared first on Tekedia.
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AI Laying Foundation for New Economic System Powered by Machines
The rise of artificial intelligence is not only transforming how humans work and communicate; it is also laying the foundation for an entirely new economic system powered by machines. In this emerging machine economy, AI agents, autonomous software, robots, and connected devices will increasingly transact with one another without constant human supervision. As this transformation […] The post AI Laying Foundation for New Economic System Powered by Machines appeared first on Tekedia.
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Dozens of Nigerian fishermen feared dead after Chad army strikes jihadists: local sources
Dozens of Nigerian fishermen are feared dead after a Chadian army attack against jihadists on Lake Chad, a civilian militia member and a union official told AFP on Sunday.The militia member said the number of dead was unknown, as the operation on the vast expanse of water and marshland between Nigeria, Cameroon, Niger and Chad was still ongoing.But a Lake Chad fishermen's union official said: "Chadian fighter jets bombarded two islands. So far, 40 Nigerian fishermen have been missing and believed to have drowned from the strikes, according to fishermen who escaped."The militia member said Chadian fighter jets had been bombing islands controlled by Boko Haram on the Nigerian side of the lake since Friday, following a recent attack on its troops.He said there were "huge casualties" among the fishermen, who pay tax to Boko Haram to allow them to fish in the area.The bombing was concentrated on the jihadist stronghold of Shuwa island, where Nigeria, Niger and Chad meet on the lake, he added."Many people were killed," said Adamu Haladu, a fisherman from Baga, in northeast Nigeria."Most of those killed in the airstrikes are from the town of Doron Baga on the Nigerian shores of the lake and from Taraba state."It is not a secret that Nigerian fishermen pay tax to Boko Haram to have access to the remote island with a huge fish reservoir. Boko Haram ferry them on their boats to those islands and bring them back with their catch."Nigeria, Chad, Cameroon and Niger in 2015 reactivated a multinational force that was set up in the mid-1990s to combat jihadist groups operating around the lake.Niger left the regional force last year due to strained ties between the military government in Niamey and its neighbours. ©Citizen Digital, Kenya
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Selfies galore as Eurovision kicks off in Vienna
Norwegian singer Jonas Lovv, representing Norway with the song 'Ya Ya Ya', poses at the opening ceremony of the Eurovision Song Contest 2026 at the City Hall Square in Vienna, Austria on May 10, 2026. Photo by MAX SLOVENCIK / APA / AFPEurovision kicked off in Vienna on Sunday, with thousands of fans flocking to the city for events and music ahead of the song contest's grand final next weekend, with renewed calls for a boycott over Israel's participation.The Austrian capital is pulling out all the stops to host the 70th edition of the world's most-watched song contest, with many side events scheduled in the run-up to the final on May 16.On Sunday afternoon, it rolled out the carpet -- which at Eurovision is not red but turquoise -- to welcome a parade of the 35 delegations from participating countries, as part of a colourful opening ceremony."There is a lot of positive energy, people are smiling, they're very warm," Monroe, representing France, told AFP at the ceremony as people took selfies all around her.On the agenda: the best -- and worst -- from seven decades of the music competition on a giant screen in front of the neo-Gothic city hall, in a square turned into a secured area reserved for fans.The contest reaches more than 170 million people on television and online around the world, and its content generates billions of views across digital platforms.Finland is the heavy favourite this year, hoping to hit the jackpot with an entry pairing brooding singer Pete Parkkonen with radiant violinist Linda Lampenius.Instruments are usually pre-recorded but organisers, the European Broadcasting Union (EBU), have made an exception to allow Lampenius to play live, according to the Nordic country's media.Hundreds of policeSpain, Ireland, Iceland, the Netherlands and Slovenia have decided to snub this year's edition in protest at Israel's participation.They have criticised Israel over its devastating bombardment of Gaza in retaliation for the October 7, 2023 attack by the Palestinian Islamist movement Hamas.More than 1,000 artists or groups have also called for a boycott, including Peter Gabriel and Massive Attack.On Saturday, a pro-Palestinian demonstration took place in central Vienna, protesting Israel taking part. They were watched over by some of the several hundred police officers deployed for security until the event's finale.German Culture Minister Wolfram Weimer, who has said he will attend Eurovision, told the Augsburger Allgemeine news outlet that the boycott call against Israel made him "suffer". He said he had defended Israel taking part "at the highest political levels".The head of the Eurovision competition, Martin Green, said on Saturday that a warning was sent to Israel's participating broadcaster, KAN, telling it to cease putting out videos urging viewers "to vote 10 times for Israel"."Using a direct call to action to vote 10 times for an artist of a song is not in line with our rules nor the spirit of the competition," Green said in a statement.Eurovision has updated its rules to try to prevent artificially high public votes, after Israeli calls last year for viewers around the world to back its entry.Some countries are guaranteed a place in the final, regardless of the reception for their entries.Those slots go to Germany, France, Italy and Britain, which contribute the largest financial share to the European Broadcasting Union.Austria will also be on stage because local artist JJ won the previous edition. But this year, its contestant, Cosmo, is not expected to trouble the leaderboard. ©Citizen Digital, Kenya
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Plane with hantavirus evacuees lands in Netherlands
The plane repatriating 26 Dutch national passengers of the MV Hondius cruise ship, where an outbreak of hantavirus has been detected, lands on the tarmac at Eindhoven Air Base International airport on May 10, 2026. Photo by ROB ENGELAAR / ANP / AFPA plane carrying evacuees from the hantavirus-hit cruise ship MV Hondius landed in the Netherlands on Sunday, passengers disembarking in seemingly good health and spirits, an AFP reporter saw.The flight from Tenerife, where the ship is moored, was carrying 26 passengers and crew, including eight of Dutch nationality, according to the Dutch foreign ministry.Wearing medical masks and carrying backpacks or large white plastic bags, the passengers left the black Airbus plane in small groups after a flight lasting just over three and a half hours.Escorted by airport staff, they walked into the military terminal, several even flashing a wave at the cameras. Many stopped to take photos of the plane or a selfie of them leaving.None required assistance to disembark or stroll the short distance to the terminal.All passengers will be in quarantine for around six weeks, according to authorities in the Netherlands.Netherlands residents would be transported home for home isolation while citizens of other countries will be taken to a "quarantine location," the foreign ministry said in a statement."Relieved that they are safely on their way after a period of uncertainty and that other passengers are travelling home via other routes," said Dutch Foreign Minister Tom Berendsen on X.Spanish civil protection chief Virginia Barcones told local radio there were also Belgian, Greek, German, Guatemalan and Argentine citizens on board the flight.A phalanx of German ambulances entered the airport minutes after the plane touched down.The Dutch-flagged MV Hondius ship has been at the centre of a global health scare after three passengers died amid a hantavirus outbreak.Two sick evacuees arrived in the Netherlands last week and are being treated in separate hospitals. They have both tested positive for the virus and are said to be in stable condition.No vaccines or specific treatments exist for hantavirus, which is endemic in Argentina, where the ship departed in April.But health officials have stressed that the risk for global public health is low and played down comparisons to the Covid-19 pandemic.Once everyone has been evacuated, the ship will sail with a skeleton crew to the Dutch port of Rotterdam, according to its operator Oceanwide Expeditions. ©Citizen Digital, Kenya
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China Unveils 180-Qubit Quantum Computer in Push to Merge Quantum Computing With AI
Origin Quantum said Saturday that its fourth-generation superconducting quantum computer, the “Origin Wukong-180,” has officially gone online and is now accepting computing tasks from users worldwide, marking another major step in China’s accelerating race to build advanced domestic quantum technology. The company described the system as China’s first large-scale attempt to systematically integrate independently developed […] The post China Unveils 180-Qubit Quantum Computer in Push to Merge Quantum Computing With AI appeared first on Tekedia.
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