Naija News Feed
Technology
South Africa’s AI skills gap is widening faster than universities can keep up
While businesses across banking, telecommunications, retail and technology are rushing to deploy AI tools, they are competing for talent with skills that often did not exist when many employees completed their degrees. 
TechCabal -
Nvidia and Microsoft Unveil AI-Powered PCs in Major Push to Reinvent the Personal Computer for the Agentic Era
Nvidia and Microsoft on Monday jointly unveiled the first wave of Windows PCs powered by Nvidia’s custom chips as the primary processor, marking a significant escalation in their three-year partnership aimed at reshaping the personal computer for the artificial intelligence age. The new RTX Spark chip, developed in collaboration with Taiwan’s MediaTek, is designed to […] The post Nvidia and Microsoft Unveil AI-Powered PCs in Major Push to Reinvent the Personal Computer for the Agentic Era appeared first on Tekedia.
Tekedia -
Dell AI Server Demand, Momentum Rally, and 57% Post-Signal Gains Explained
Dell Technologies delivered a striking post-earnings surge, with its share price jumping 35% in after-hours trading following a results announcement that reinforced investor confidence in its demand cycle and profitability trajectory. Underlying the move is Dell’s continued exposure to enterprise AI infrastructure demand, particularly high-margin server and storage solutions tied to accelerated computing deployments. Investors […] The post Dell AI Server Demand, Momentum Rally, and 57% Post-Signal Gains Explained appeared first on Tekedia.
Tekedia -
German Chemical Industry: Temporary Demand Boost vs Long-Term Structural Decline
The apparent boost to Germany’s chemical industry from the Iran war is best understood not as a structural renaissance, but as a volatile, distortion-driven spike inside a broader industrial downturn. Recent data from industry associations and surveys show a sector caught between short-term demand surges and long-term erosion of competitiveness. At the surface, the mechanics […] The post German Chemical Industry: Temporary Demand Boost vs Long-Term Structural Decline appeared first on Tekedia.
Tekedia -
Why AI Compute Costs Are Now Higher Than Salaries
Bryan Catanzaro, a senior executive at Nvidia, recently highlighted a structural shift inside modern AI organizations: compute has become the dominant cost center, overtaking human labor expenses. In his framing, teams are now spending more on GPUs, data center capacity, and inference workloads than on salaries for researchers and engineers. This is not a marginal […] The post Why AI Compute Costs Are Now Higher Than Salaries appeared first on Tekedia.
Tekedia -
Jensen Huang Tips Marvel as The Next Trillion-Dollar Company, Shares Rise
Marvell Technology’s rise as one of the biggest beneficiaries of the artificial intelligence boom received a powerful endorsement this week from Nvidia chief executive officer Jensen Huang, who declared that the semiconductor company could become the next trillion-dollar enterprise. The remarks, delivered during an onstage discussion with Matthew Murphy at the Computex technology conference in […] The post Jensen Huang Tips Marvel as The Next Trillion-Dollar Company, Shares Rise appeared first on Tekedia.
Tekedia -
Standard Bank leads South Africa in AI maturity rankings
Standard Bank Group has been ranked the most AI-mature bank in South Africa and the second most AI-mature bank across the Middle East and Africa (MEA) in the inaugural Evident Insights AI Index for Banks – MEA edition. The Group also secured the position of the most innovative bank in AI across the region, underscoring […]
IT News Africa -
Smartphone prices in Nigeria could jump 30% this year, hitting entry-level buyers
Nigeria’s smartphone market grew 8% year-on-year in Q1 2026, supported by demand for affordable 4G and 5G smartphones in the $200 to $299 segment, according to Omdia, a global technology market research firm.
TechCabal -
Spectranet, Starlink, and FibreOne control nearly 70% of Nigeria’s internet market
Spectranet, Starlink, and FibreOne now control nearly 70% of Nigeria’s internet service provider (ISP) market
TechCabal -
The Diamond Bank’s Lecture on Win-Win and Co-opetition
When communities come together, they outperform. Usain Bolt’s individual world-record performance in the 100 meters was extraordinary. Yet, when he ran the 4x100m relay with fellow Jamaicans, the team often delivered a faster average pace per runner than their individual performances suggested. There is something powerful about collective purpose. When people align around a shared […] The post The Diamond Bank’s Lecture on Win-Win and Co-opetition appeared first on Tekedia.
Tekedia -
Brass to Shut Down Independent Operations, Migrate Customers to Paystack MFB
Nigerian fintech Brass, has announced that its business banking operations will transition into Paystack Microfinance Bank (MFB), marking a significant new chapter in its mission to serve African businesses with stronger financial infrastructure and expanded capabilities. As part of the transition, the fintech will cease operating as an independent entity, with its business banking services […] The post Brass to Shut Down Independent Operations, Migrate Customers to Paystack MFB appeared first on Tekedia.
Tekedia -
How Continuous Yield Accrual and Intraday Ownership Are Reshaping Institutional Cash Management
In conventional money market funds and most traditional cash-equivalent instruments, yield accrual is tied to discrete accounting boundaries. The day is treated as an indivisible unit, and beneficial ownership is typically determined at a specific cutoff—often the end of the trading session or a defined valuation point. Under this framework, interest is effectively binary: you […] The post How Continuous Yield Accrual and Intraday Ownership Are Reshaping Institutional Cash Management appeared first on Tekedia.
Tekedia -
 
 
Why AI Investors are Missing this Massive Blind Spot
AI investment today is increasingly defined by a narrow consensus: capital flows overwhelmingly into foundation models, GPU infrastructure, and a handful of hyperscaler ecosystems. Yet beneath this surface-level momentum sits a structural blind spot that many investors are systematically underpricing—the shift from model-centric value creation to workflow-native, constraint-driven, and distribution-anchored AI systems. This misalignment between […] The post Why AI Investors are Missing this Massive Blind Spot appeared first on Tekedia.
Tekedia -
The Future Labor Market Will Be Characterized By Continuous Adaptation of AI Capabilities
AI is reshaping the world of work, accelerating changes in how value is created and how labor is organized. What once seemed like gradual technological evolution has become a structural transformation affecting every industry from manufacturing to finance to healthcare. AI shifts work from routine execution toward higher-order cognitive and supervisory functions. Tasks that rely […] The post The Future Labor Market Will Be Characterized By Continuous Adaptation of AI Capabilities appeared first on Tekedia.
Tekedia -
Adam Back Flags Bitcoin’s 200-Week Average as a Structural Bull Signal
Bitcoin has experienced countless cycles of euphoria, panic, and recovery throughout its history. While traders often focus on short-term price movements, long-term investors tend to rely on broader indicators that reveal the underlying health of the market. One of the most respected metrics in Bitcoin analysis is the 200-week moving average, a measure that smooths […] The post Adam Back Flags Bitcoin’s 200-Week Average as a Structural Bull Signal appeared first on Tekedia.
Tekedia -
Why OpenAI and Anthropic’s Billions in Compute Spending Are Reshaping AI Profitability Models
The latest cloud economics data underscore a widening structural tension in frontier AI: revenue growth is being outpaced by infrastructure consumption at an accelerating rate. According to Lockridge, OpenAI’s annual cloud bill has surged beyond $60 billion, while reported revenue remains closer to $25 billion. That gap is not merely a margin issue; it reflects […] The post Why OpenAI and Anthropic’s Billions in Compute Spending Are Reshaping AI Profitability Models appeared first on Tekedia.
Tekedia -
Anticipating Ideas That Matter: A Forecast of Professor Ojebuyi’s Inaugural Lecture
On May 21, 2026, our analyst reported the promotion of Dr. Babatunde Raphael Ojebuyi to the rank of full professor at the University of Ibadan. Since the University announced his promotion, five articles have been published, highlighting the impact of his research in Nigeria over the past 19 years.  In this piece, our analyst further […] The post Anticipating Ideas That Matter: A Forecast of Professor Ojebuyi’s Inaugural Lecture appeared first on Tekedia.
Tekedia -
Trust as Infrastructure: How Licensing Has Become the New Competitive Advantage in Digital Markets
There is a quiet shift happening in how digital businesses compete. For most of the internet’s commercial history, the dominant advantages were speed, distribution, and network effects. Get to market first. Grow the user base. Worry about governance later. That logic built some of the largest companies in the world. It also produced a long […] The post Trust as Infrastructure: How Licensing Has Become the New Competitive Advantage in Digital Markets appeared first on Tekedia.
Tekedia -
RedotPay Enters B2B Market with “RedotPay Connect”
RedotPay, a stablecoin-based payment fintech company, unveils the launch of RedotPay Connect at Money20/20 Europe, marking the company’s first dedicated B2B product since inception and a major step into enterprise payments.  Built as a single-integration gateway, RedotPay Connect enables merchants to accept stablecoin payments while instantly settling in local currencies, eliminating crypto volatility entirely. With […]
IT News Africa -
Ecobank Introduces World’s First Commercial Bank-issued Nature Bond
Ecobank Group has launched the world’s first ICMA commercial bank-issued Nature Bond on the London Stock Exchange, creating a new route for international and African capital to ​protect Africa’s biodiversity.  Moody’s awarded the transaction its highest possible sustainability quality score, SQS1 Excellent. The bond will ​support African farmers, sustainable agriculture businesses and water systems​,​ protecting some of the planet’s most important ecosystems.   Impact on the ground in […]
IT News Africa -
Westcon-Comstor Launches SASEvolution Powered by Palo Alto Networks
Westcon-Comstor recently announced the launch of SASEvolution, a new programme designed to simplify and accelerate the adoption of Secure Access Service Edge (SASE) across its partner ecosystem in Europe, the Middle East and Africa (EMEA). SASEvolution brings together Palo Alto Networks’ Prisma SASE solution with Westcon-managed services into ready-to-sell, bundled offerings. Built around real-world customer […]
IT News Africa -
Shadow AI is The New Shadow IT & Financial Institutes are Sleepwalking Into It
By Bradley Elliott, CEO at RelyComply Someone at your institution is running a critical risk calculation from a laptop under a desk. You just don’t know which one. That’s not a hypothetical. At a major bank, compliance teams discovered approximately 36,000 systems operating across the business, many running calculations that fed directly into financial decisions, some physically […]
IT News Africa -
Red Hat’s Unveils AI Factory with NVIDIA Software Platform
At a time when enterprises work to align innovation with their technology needs, businesses across South Africa face a sizable challenge: balancing modernization with rising technology costs and the need to build future-ready and compliant systems and applications. “The goal for local enterprises is to not only do more with less but do it in […]
IT News Africa -
👨🏿‍🚀TechCabal Daily – Canal+ goes to the JSE
In today's edition: Canal+ to list on the JSE today || Telecel expands telecom network in Ghana || BYD now EV leader in Africa || Cocentrix commits $1 billion to Egypt
TechCabal -
 
 
Best VPN Android 2026: Honest Rankings of the Top VPN Apps
Best VPN Android 2026: Honest Rankings of the Top VPN Apps Android users have more VPN choices than ever. Unfortunately, many are not worth your time. Search the Play… TechCity
Tech City NG -
“The World Does Not Want To See An AI Iron Curtain:” China Signals AI Cooperation With US To Prevent A New Technological Cold War
China has offered one of its clearest indications yet that it wants artificial intelligence to become a pillar of engagement rather than confrontation with the United States, using the Communist Party’s flagship newspaper to frame AI as a potential area of cooperation between the world’s two largest economies. In a significant commentary published Monday, the […] The post “The World Does Not Want To See An AI Iron Curtain:” China Signals AI Cooperation With US To Prevent A New Technological Cold War appeared first on Tekedia.
Tekedia -
Flutterwave Strengthens Workforce With Over 100 Promotions And Cost-of-Living Adjustment
Africa’s fintech Unicorn Flutterwave, has announced a fresh wave of internal promotions alongside new employee support measures, underscoring its continued focus on talent development and workforce wellbeing as it scales its operations across global markets. The fintech company revealed that over 100 of its employees were promoted this year, reflecting a culture built on ownership, […] The post Flutterwave Strengthens Workforce With Over 100 Promotions And Cost-of-Living Adjustment appeared first on Tekedia.
Tekedia -
Coinbase and JPMorgan Feud Over Crypto Rules
The growing clash between Coinbase and JPMorgan highlights a broader battle over the future of finance. As cryptocurrencies continue to gain mainstream adoption, traditional banking institutions and crypto-native companies are increasingly finding themselves on opposite sides of regulatory and operational debates. The disagreement between Coinbase, one of the world’s largest cryptocurrency exchanges, and JPMorgan, the […] The post Coinbase and JPMorgan Feud Over Crypto Rules appeared first on Tekedia.
Tekedia -
MicroStrategy Sells Bitcoin for the First Time in Years
For years, MicroStrategy stood as the ultimate symbol of corporate conviction in Bitcoin. Under the leadership of executive chairman Michael Saylor, the company transformed itself from a traditional business intelligence software firm into the largest corporate holder of Bitcoin in the world. Through market crashes, regulatory uncertainty, and extreme volatility, the company consistently accumulated more […] The post MicroStrategy Sells Bitcoin for the First Time in Years appeared first on Tekedia.
Tekedia -
SoftBank’s AI-Fueled Surge Lifts Nikkei Above 67,000, Overtakes Toyota as Japan’s Most Valuable Company
Japan’s stock market entered a new phase of the artificial intelligence boom on Monday as the benchmark Nikkei 225 breached the 67,000 mark for the first time in history, driven overwhelmingly by AI-linked companies and a dramatic surge in shares of SoftBank Group, which overtook Toyota Motor as the country’s most valuable listed company. The […] The post SoftBank’s AI-Fueled Surge Lifts Nikkei Above 67,000, Overtakes Toyota as Japan’s Most Valuable Company appeared first on Tekedia.
Tekedia -
Uber and Autobrains Plan to Test Self-Driving Taxis in Munich
The race to commercialize autonomous transportation continues to accelerate as ride-hailing giant Uber Technologies and autonomous driving technology developer Autobrains announce plans to begin testing self-driving taxis in the German city of Munich. The initiative represents another significant step toward the broader adoption of autonomous mobility services in Europe and highlights the growing collaboration between […] The post Uber and Autobrains Plan to Test Self-Driving Taxis in Munich appeared first on Tekedia.
Tekedia -
The Fastest Way to Copy Top Traders on Base  
Copying a top trader on Base now takes about two minutes of setup, no browser extension, no seed phrase to manage. Banana Gun Pro handles the wallet for you, surfaces the 50 best-performing wallets for any token in a single widget, and supports block 0 copy trading on Base via Flashblocks, so your buy can […] The post The Fastest Way to Copy Top Traders on Base   appeared first on Tekedia.
Tekedia -
May 2026 Biggest 100x Opportunity Emerges as BlockDAG First Utility Token TURBO Presale Gains Attention
The current state of the digital coin market is one that prizes exactness over just being excited. Bitcoin is holding steady between $76,000 and $77,500 after a long time of staying flat, the Altcoin Season Index remains low in the 30-40 range, and Bitcoin’s share of the market stays strong at 58-60%. This is not […] The post May 2026 Biggest 100x Opportunity Emerges as BlockDAG First Utility Token TURBO Presale Gains Attention appeared first on Tekedia.
Tekedia -
Yoco, Stub bring payments and accounting together
Yoco, the payments and commerce platform used by more than 200,000 South African independent businesses, has enabled direct integration with stub, the homegrown online accounting platform. The integration connects Yoco’s system’s sales data with stub’s accounting platform to automate reconciliations, giving independent businesses an up-to-the-second picture of how their business is actually doing.  The partnership […]
IT News Africa -
Iran War Drives Eurozone Inflation Fears
The conflict involving Iran has become one of the most significant economic risks facing Europe in 2026, reigniting concerns that the eurozone could experience another period of elevated inflation just as policymakers believed price pressures were finally coming under control. While the war’s direct effects are concentrated in the Middle East, its economic consequences are […] The post Iran War Drives Eurozone Inflation Fears appeared first on Tekedia.
Tekedia -
Tether Brings Google TurboQuant to Everyday Devices, Giving Local AI Data Center-Sized Memory
Tether’s AI Research Group announced the production release of its open source implementation of TurboQuant, the Google Research memory compression algorithm that drew comparisons to “Pied Piper” from Silicon Valley for its ability to dramatically reduce the memory large AI models need to run. With TurboQuant, Google made a breakthrough in research. Tether is bringing it […] The post Tether Brings Google TurboQuant to Everyday Devices, Giving Local AI Data Center-Sized Memory appeared first on Tekedia.
Tekedia -