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Technology
Iran Demands Sanctions Relief, Hormuz Overhaul in 14-point Peace Proposal – But Trump Casts Doubt on Deal
Iran has presented the United States with an expansive 14-point proposal aimed at ending the war that has shaken global energy markets, disrupted shipping flows, and revived fears of another inflationary shock to the world economy. But early reactions from Donald Trump suggest Washington remains far from accepting Tehran’s terms. The proposal, submitted through mediators […] The post Iran Demands Sanctions Relief, Hormuz Overhaul in 14-point Peace Proposal – But Trump Casts Doubt on Deal appeared first on Tekedia.
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Foxconn’s Space Push Signals Taiwan’s Expanding Ambitions in the New AI and Satellite Economy
Taiwanese electronics giant Foxconn has taken another step into the burgeoning commercial space sector, successfully launching two second-generation low-Earth orbit satellites aboard a SpaceX Falcon 9 rocket from California. The company seeks to reposition itself beyond its traditional role as the world’s largest contract manufacturer of consumer electronics. The satellites, PEARL-1A and PEARL-1B, successfully entered […] The post Foxconn’s Space Push Signals Taiwan’s Expanding Ambitions in the New AI and Satellite Economy appeared first on Tekedia.
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Tether’s over $1B Remarkable First Q1 Profit Bolsters its $8.2B Reserve Base 
Tether, the issuer of the world’s largest stablecoin USDT, has reported a remarkable financial performance in the first quarter, posting over $1 billion in profit while expanding its reserve buffer to a record $8.2 billion. This development underscores the company’s growing financial strength and highlights the evolving role of stablecoins in the broader global financial […] The post Tether’s over $1B Remarkable First Q1 Profit Bolsters its $8.2B Reserve Base  appeared first on Tekedia.
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Why more exits don’t mean more liquidity for Africa’s tech ecosystem
A new report from Stears and Ventures Platform reveals that Africa’s tech ecosystem is producing more exits than ever.
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Moonshot by TechCabal returns to Lagos for fourth edition in October
Moonshot by TechCabal, the pan-African technology conference, will return for its fourth edition on October 28 and 29, 2026, at the National Theatre Nigeria in Lagos, Nigeria. 
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MTN Nigeria says it saved $5.89 million on gas as diesel dominates energy mix
In 2025, diesel made up 58.11% of MTN Nigeria’s total energy consumption, far exceeding gas-powered Independent Power Producers (23.63%) and electricity from the national grid (18.04%), the sustainability report noted. 
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Sabou Capital secures Mastercard Foundation Africa Growth Fund investment to back SMEs
The investment is a boost for Sabou Capital, which targets a gap in Africa’s funding landscape where revenue-generating SMEs are locked out of growth capital.
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South Africa’s Secha Capital Reaches Second Close on $40M Growth Fund
Secha Capital, the Johannesburg-based growth equity firm, has reached a second close on its $40 million Fund II, with E Squared Investments — the impact investment vehicle founded by Allan Gray — joining as a new backer. Existing investors include RMB Ventures, the SA SME Fund and 27four Investment Managers. Secha is targeting a final […] The post South Africa’s Secha Capital Reaches Second Close on $40M Growth Fund appeared first on Tech In Africa.
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South Africa’s Shiprazor Raises $2.65M to Fix E-Commerce Logistics Fragmentation
Shiprazor, a Cape Town-based e-commerce logistics startup, has raised $2.65 million in seed funding to expand its fulfilment platform and tackle one of African e-commerce’s most persistent problems: fragmented and costly delivery infrastructure. The round was led by pan-African VC firm Norrsken22, with participation from AAIC, E4E, Tremis Capital and angel investors including senior Google […] The post South Africa’s Shiprazor Raises $2.65M to Fix E-Commerce Logistics Fragmentation appeared first on Tech In Africa.
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Congrats Taiwo Oyedele, Nigeria’s Minister of Finance and Coordinating Minister of the Economy
The finest moment in any career is when one is called to serve their country. Ultimately, the true measure of career success is not titles or achievements, but what one has done for their community, their people, and their nation. On that premise, I extend my heartfelt congratulations to our nation’s new Minister of Finance […] The post Congrats Taiwo Oyedele, Nigeria’s Minister of Finance and Coordinating Minister of the Economy appeared first on Tekedia.
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56 Startups From Nigeria, Ghana and Ethiopia Join SIA Startup Foundry 3.0
SIA Startup Foundry 3.0 has launched its latest cohort, bringing together 56 early-stage startups from Nigeria, Ghana and Ethiopia for a one-month intensive bootcamp focused on business model refinement, product development and market validation. The program, which kicked off on April 7, will narrow participants down to 10 finalists for a physical demo day, with […] The post 56 Startups From Nigeria, Ghana and Ethiopia Join SIA Startup Foundry 3.0 appeared first on Tech In Africa.
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Stitch enters South Africa’s BNPL market with merchant-first model
South African merchants on Stitch can now offer customers the buy-now-pay-later option for online and in-store purchases.
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Cybervergent Stacks Q1 Wins With v3.0 Launch And Expands Into Kenya, Ghana, and South Africa
Cybervergent Stacks Q1 Wins With v3.0 Launch And Expands Into Kenya, Ghana, and South Africa Why We Built Cybervergent: The Future of AI-Native Posture Management. For years, the global tech narrative viewed Africa… TechCity
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Kaspersky Spots Rising Scam Activity around the 2026 World Cup
Millions of football fans around the world are gearing up for the World Cup, and cybercriminals are seizing the moment to exploit the heightened interest. Experts at Kaspersky have uncovered various types of scams that mimic official tournament resources or leverage the event for unsafe purposes, putting users’ data and finances at significant risk. In […]
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Alberta Investment Management Corporation Bought the Dip on Strategy’s Stock
The recent move by Alberta Investment Management Corporation (AIMCo) to buy the dip in Strategy stock underscores a growing institutional conviction in Bitcoin-adjacent equities as a strategic allocation rather than a speculative trade. Sitting on an estimated $69 million in unrealized gains, AIMCo’s position reflects both timing discipline and a broader shift in how large, […] The post Alberta Investment Management Corporation Bought the Dip on Strategy’s Stock appeared first on Tekedia.
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Brazil’s Ban on Digital Assets for Cross-border Settlement is an Emblematic Inflection Point in Global Finance
Brazil’s decision to prohibit the use of stablecoins and cryptocurrencies for cross-border settlement marks a significant intervention in the evolving architecture of global finance. Announced by Banco Central do Brasil and set to take effect on October 1, the policy reflects a growing tension between financial innovation and regulatory control. At its core, the move […] The post Brazil’s Ban on Digital Assets for Cross-border Settlement is an Emblematic Inflection Point in Global Finance appeared first on Tekedia.
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ClawBank Manfred AI Agent Reportedly Formed its Own Corporation in the US
ClawBank Manfred AI agent has autonomously formed its own corporation in the United States—complete with an IRS Employer Identification Number (EIN), an FDIC-insured bank account, and a crypto wallet—marks a provocative and potentially transformative moment in the evolution of artificial intelligence and financial infrastructure. Whether interpreted as a breakthrough, a publicity experiment, or a legal […] The post ClawBank Manfred AI Agent Reportedly Formed its Own Corporation in the US appeared first on Tekedia.
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Jensen Huang Posits that the Global Race for AI Dominance has Become Entangled with Geopolitics
The global race for artificial intelligence dominance has increasingly become entangled with geopolitics, and few episodes illustrate this tension more clearly than recent remarks by Jensen Huang, the CEO of Nvidia. Huang’s statement that Nvidia’s market share of AI accelerators in China has effectively fallen to zero underscores a profound shift in the technological and […] The post Jensen Huang Posits that the Global Race for AI Dominance has Become Entangled with Geopolitics appeared first on Tekedia.
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Polymarket’s Trading Volume Surges from $1.2B in 2025 to over $20B in Early 2026, BTC Gains 12.7% Gains in April
The rapid expansion of prediction markets has been one of the more striking developments in the broader digital asset ecosystem, and few platforms illustrate this trend better than Polymarket. In a remarkably short span, the platform’s monthly trading volume has surged from approximately $1.2 billion in 2025 to over $20 billion in early 2026. At […] The post Polymarket’s Trading Volume Surges from $1.2B in 2025 to over $20B in Early 2026, BTC Gains 12.7% Gains in April appeared first on Tekedia.
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Peter Schiff Says Bitcoin at $78,000 is Still Expensive Despite Recent High
Bitcoin critic Peter Schiff has stated that Bitcoin at $78,000 is very expensive despite recent high. While many traders/investors see the price as attractive he argues that this thinking is misleading. According to Schiff via a post on X, he noted that when you look at Bitcoin’s full history, its current price is still expensive […] The post Peter Schiff Says Bitcoin at $78,000 is Still Expensive Despite Recent High appeared first on Tekedia.
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Using AI to Anticipate Healthcare Air Quality Risks
Healthcare facilities are meant to be sanctuaries of healing, but the very air inside of hospitals and clinics can pose hidden risks. Poor indoor air quality—from dust and pathogens to chemical pollutants contribute to infections, worsen chronic conditions, and threaten the health of both patients and frontline staff. Traditional environmental and air monitoring methods have […]
IT News Africa -
China Blocks U.S. Sanctions on Iranian Oil Refiners, Signaling Deeper Defiance in Energy and Trade Confrontation
China has moved to block the enforcement of U.S. sanctions against five domestic refiners accused of purchasing Iranian crude, escalating what is increasingly becoming a direct test of regulatory authority between the world’s two largest economies. The Ministry of Commerce said on Saturday that it had issued an injunction preventing compliance with U.S. sanctions targeting […] The post China Blocks U.S. Sanctions on Iranian Oil Refiners, Signaling Deeper Defiance in Energy and Trade Confrontation appeared first on Tekedia.
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Four Nigerian banks processed $208 billion in mobile transactions in 2025
Fintechs like OPay and PalmPay built their dominance on reliability and speed. For years, failed transfers on bank apps and downtime pushed millions of Nigerians toward these fintech apps for everyday payments. Their adoption accelerated during the cash crunch triggered by the failed naira redesign policy of 2022.
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Trump’s New Auto Tariff Threat Could Cost Germany Nearly $18bn In Output, Deepening Its Industrial Slowdown, Kiel Institute Says
U.S. President Donald Trump’s decision to raise tariffs on European cars and trucks to 25% is threatening to intensify pressure on Germany’s already fragile economy, with new estimates suggesting the move could erase nearly 15 billion euros (about $18bn) in German industrial output in the near term and far more over time. According to analysis […] The post Trump’s New Auto Tariff Threat Could Cost Germany Nearly $18bn In Output, Deepening Its Industrial Slowdown, Kiel Institute Says appeared first on Tekedia.
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Greg Abel Clears His First Major Berkshire Test as Investors Look Beyond the Warren Buffett Era
For decades, Berkshire Hathaway’s annual meeting revolved around a single gravitational force: Warren Buffett. Investors traveled from around the world not only to hear the legendary investor dissect markets and business strategy, but also to absorb the culture, discipline, and personality that shaped one of the most successful conglomerates in corporate history. This year marked […] The post Greg Abel Clears His First Major Berkshire Test as Investors Look Beyond the Warren Buffett Era appeared first on Tekedia.
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5 Ways Digital Dentistry is Transforming South African Practices
Today, digital dentistry approaches have become an important aspect of modern dental practices, with digital measurement systems, AI-supported diagnostic software, digital tomography systems, in-clinic laboratory automations, and 3D printers. Processes that once took weeks across restorative dentistry can now be completed within hours through the use of CAD/CAM systems and 3D printing. Technological advances have […]
IT News Africa -
How Document Verification Software Prevents Identity Fraud in Banking
Identity fraud has become one of the most significant financial threats facing banks and lending institutions today. Criminals use forged passports, manipulated driver’s licenses, and stolen identity credentials to open fraudulent accounts, secure unauthorized loans, and bypass anti-money laundering controls. The financial sector loses billions of dollars annually to these schemes, and regulators are responding […] The post How Document Verification Software Prevents Identity Fraud in Banking appeared first on Tekedia.
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MTN Nigeria market capitalisation surpasses N19tn on strong earnings outlook
By Boluwatife Oshadiya Key Points Main Story MTN Nigeria Plc has crossed a historic milestone on the Nigerian Exchange (NGX), with its market capitalisation surpassing ₦19 trillion, driven by strong investor demand following a robust earnings performance. The telecom giant’s share price surged to an all-time high of ₦915, representing an 11.6% gain within four […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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StanChart Kenya cuts staff below 1,000 in 11th year of restructuring
The decline extends a retrenchment that has seen headcount more than halve from a peak of 2,048 in 2014.
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👨🏿‍🚀TechCabal Daily – OPay eyes US IPO
In today's edition: OPay eyes US IPO || StanChart reduces headcount in Kenya || Rwanda mulls social media ban for children || SA opens public comment on rules affecting businesses
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Bitcoin Kicks Off The Month of May on A Strong Footing, as Analysts Eye $84K Price Breakout
Bitcoin has started May on a strong note, rising nearly 2% after breaking key resistance levels. The crypto asset surged past the $78,000 zone, trading as high as $78,872, spurring bullish optimism. BTC dropped to a yearly low of $60,000 in February before a significant retracement now eyeing the $79,000 zone. Despite the rough stretch, […] The post Bitcoin Kicks Off The Month of May on A Strong Footing, as Analysts Eye $84K Price Breakout appeared first on Tekedia.
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You Can’t Sack Someone Because of AI: China’s Courts Challenge Silicon Valley’s AI Playbook With Landmark Worker Protections
A growing series of court rulings in China is threatening to upend one of the technology industry’s most powerful assumptions: that artificial intelligence can rapidly replace human workers with few legal consequences. In decisions that could reshape the economics of automation globally, Chinese courts have ruled that companies cannot justify layoffs, demotions, or steep salary […] The post You Can’t Sack Someone Because of AI: China’s Courts Challenge Silicon Valley’s AI Playbook With Landmark Worker Protections appeared first on Tekedia.
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Spirit Airlines Shuts Down After 35 Years, Leaving Budget Travelers Stranded and Reshaping the U.S. Aviation Market
Spirit Airlines has collapsed, abruptly ending one of America’s most recognizable ultra-low-cost carriers, triggering widespread travel disruption, intensifying debate over airline consolidation, and exposing how vulnerable budget aviation has become amid rising fuel costs. Spirit ceased operations on Saturday after beginning what it described as an “orderly wind-down” of the airline, canceling all flights with […] The post Spirit Airlines Shuts Down After 35 Years, Leaving Budget Travelers Stranded and Reshaping the U.S. Aviation Market appeared first on Tekedia.
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Nvidia CEO Huang Pushes Back Against AI Alarmism, Warns Tech Leaders Against ‘God Complex’ Predictions
Jensen Huang is mounting one of the strongest pushbacks yet against the increasingly alarmist rhetoric surrounding artificial intelligence, warning that exaggerated claims from some technology leaders risk creating unnecessary panic around a technology that is rapidly becoming central to the global economy. Speaking during the “Memos to the President” podcast on Thursday, the Nvidia chief […] The post Nvidia CEO Huang Pushes Back Against AI Alarmism, Warns Tech Leaders Against ‘God Complex’ Predictions appeared first on Tekedia.
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OPEC+ Reportedly Pushes Ahead With Output Increase amid  Millions of Barrels Trapped by Hormuz Closure
OPEC+ is preparing another oil production increase even as the Iran war continues to choke off exports from the Persian Gulf. Sources familiar with the group’s internal discussions told Reuters that seven core OPEC+ producers have agreed in principle to raise June output targets by roughly 188,000 barrels per day. The decision, expected to be […] The post OPEC+ Reportedly Pushes Ahead With Output Increase amid  Millions of Barrels Trapped by Hormuz Closure appeared first on Tekedia.
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How Telemedicine Quietly Became the Global Standard for Medical Cannabis Access
The major shift in medical cannabis over the past three years has not been which countries legalized it. It has been how patients actually reach their cannabis prescriber. In the United States, Germany, the United Kingdom, and Australia, the same pattern is playing out. Virtual consultations are replacing the in-person medical visit right before our […] The post How Telemedicine Quietly Became the Global Standard for Medical Cannabis Access appeared first on Tekedia.
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