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Technology
Mukuru wants Botswana’s phones to do more than receive and send money
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How PIDG helped 24 Nigerian companies raised $247 million at home
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Nigeria needs 62.5 million more NINs in six months to hit World Bank deadline
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South Korea, U.S. Discuss $22.3 Billion Texas Gas Project to Power AI Data Centers
South Korea and the United States are discussing a potential investment of about $22.3 billion in a Texas gas-fired power project designed to supply electricity to the rapidly expanding network of artificial intelligence data centers, according to South Korean media reports. The project would involve construction of a 6.3-gigawatt gas power plant in Encinal, Texas, […] The post South Korea, U.S. Discuss $22.3 Billion Texas Gas Project to Power AI Data Centers appeared first on Tekedia.
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Huawei Unveils $3,725 Tri-Fold Phone as China Premium Smartphone Battle Intensifies
Huawei unveiled its latest flagship tri-fold smartphone series on Monday, doubling down on premium devices as it seeks to protect its lead in China’s competitive high-end handset market against Apple and Xiaomi. The new Mate XT2 series features smartphones that fold twice and expand into tablet-sized displays, making Huawei the only major smartphone brand currently […] The post Huawei Unveils $3,725 Tri-Fold Phone as China Premium Smartphone Battle Intensifies appeared first on Tekedia.
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Data Centers Become 2026 Election Issue as Local Backlash Threatens AI Buildout
Wall Street is now treating data-center politics as a risk to the artificial intelligence investment boom, with several closely contested U.S. House and Senate races being watched for their potential impact on projects planned by technology companies and hyperscalers. The issue has gained prominence as Microsoft, Alphabet, Amazon, Meta and other technology companies commit hundreds […] The post Data Centers Become 2026 Election Issue as Local Backlash Threatens AI Buildout appeared first on Tekedia.
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OpenAI Chief Scientist Calls for AI Slowdown, Warns Agents Could Evade Control
Days after OpenAI unveiled a new highly capable artificial intelligence model, the company’s chief scientist, Jakub Pachocki, has called for a slowdown in AI development, warning that society is not prepared for the consequences of autonomous and intelligent machines. In a lengthy blog post published Sunday, Pachocki said he was concerned that “no one is […] The post OpenAI Chief Scientist Calls for AI Slowdown, Warns Agents Could Evade Control appeared first on Tekedia.
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OPEC+ Holds October Oil Policy Steady as Iran War Limits Its Market Power
OPEC+ kept its oil output policy unchanged for October at a meeting on Sunday, holding off on further production adjustments as the group prepares for a more consequential debate over output quotas and production capacity for 2027. The decision was taken by seven core OPEC+ members — Saudi Arabia, Russia, Iraq, Kuwait, Algeria, Kazakhstan and […] The post OPEC+ Holds October Oil Policy Steady as Iran War Limits Its Market Power appeared first on Tekedia.
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Economist Roubini Turns More Bullish on AI Boom but Warns of Four Risks to U.S. Economy
Dr. Doom’ sees a genuine global investment boom, but warns prolonged war, higher bond yields and market corrections could undermine the outlook Nouriel Roubini, the economist widely known as “Dr. Doom” for his long record of bearish market forecasts, has adopted a more constructive view of the investment landscape, but says several major risks could […] The post Economist Roubini Turns More Bullish on AI Boom but Warns of Four Risks to U.S. Economy appeared first on Tekedia.
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Nigeria’s GDP growth is coming from sectors that don’t create enough jobs
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Seattle Times, Newsday Sue OpenAI and Microsoft Over Use of News Articles to Train AI
The Seattle Times and Newsday sued OpenAI and Microsoft in federal court on Friday, accusing the technology companies of using their journalism without permission to train and operate artificial intelligence systems that can reproduce or closely mimic their reporting. The lawsuit, filed in the U.S. District Court for the Southern District of New York, alleges […] The post Seattle Times, Newsday Sue OpenAI and Microsoft Over Use of News Articles to Train AI appeared first on Tekedia.
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Japan’s 30-Year Bond Yield Breaks Above 4.18% as Global Markets Confront a New Rate Regime
Japan’s government bond market has entered a new phase of volatility, with the 30-year Japanese government bond (JGB) yield reaching 4.18% on September 1, according to historical JGB market data. The move came alongside a broader sell-off in long-dated sovereign debt and pushed borrowing costs sharply higher across Japan’s yield curve. The significance of the […] The post Japan’s 30-Year Bond Yield Breaks Above 4.18% as Global Markets Confront a New Rate Regime appeared first on Tekedia.
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African startups hit $2.10 billion in 8 months
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Nigeria’s police Vigilant app raises questions about cycle of duplicate fraud reporting platforms
With several existing reporting channels already in place, what role would the Nigeria Police latest Vigilant app play in helping fight cybercrime? Will this new app bridges the gap in fraud recovery or repeat the history of past, underutilised police tech initiatives?
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👨🏿‍🚀TechCabal Daily – Nigeria probes Uber exit
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China Unveils $54 Billion Capital Injection for State Insurers and Banks
Beijing moves to strengthen financial-sector buffers as weak loan demand, low interest rates and pressure on insurers weigh on profitability China’s finance ministry will lead a coordinated capital injection of about $54 billion into major state-owned insurers and banks, as Beijing moves to strengthen the financial system’s ability to absorb risks and support economic growth. […] The post China Unveils $54 Billion Capital Injection for State Insurers and Banks appeared first on Tekedia.
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U.S. SEC Sues Proxy Adviser ISS Over Subpoena as Trump Administration Intensifies Oversight
The U.S. Securities and Exchange Commission has sued Institutional Shareholder Services to compel the influential proxy adviser to provide information sought in a regulatory investigation, escalating the Trump administration’s effort to scrutinize companies that shape how investors vote their shares. The SEC filed a subpoena-enforcement action Friday in the U.S. District Court for the Eastern […] The post U.S. SEC Sues Proxy Adviser ISS Over Subpoena as Trump Administration Intensifies Oversight appeared first on Tekedia.
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South Korea’s Exports Smash Annual Record as AI Chip Boom Propels Trade Toward $1 Trillion
South Korea’s exports have already exceeded last year’s full-year record, putting Asia’s fourth-largest economy on course to join an elite group of nations with annual overseas sales above $1 trillion as the global artificial intelligence boom fuels unprecedented demand for its semiconductor products. Exports reached $709.4 billion from January through August, surpassing the $709.3 billion […] The post South Korea’s Exports Smash Annual Record as AI Chip Boom Propels Trade Toward $1 Trillion appeared first on Tekedia.
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Hyperliquid’s Potential U.S. Entry Signals a New Era for Crypto Perpetuals
Hyperliquid Labs is reportedly in advanced discussions with Payward, the parent company of Kraken, over a structure that could bring selected cryptocurrency perpetual futures to U.S. traders. If completed and approved by regulators, the arrangement would represent a significant step for Hyperliquid, one of the largest decentralized perpetual-futures venues, as it seeks a compliant path […] The post Hyperliquid’s Potential U.S. Entry Signals a New Era for Crypto Perpetuals appeared first on Tekedia.
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Next Wave: Why Uber broke in Nigeria
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Next Wave: The perfect price discrimination
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Foxconn Raises Third-Quarter Outlook as AI Server Demand Drives Record Revenue
Foxconn expects third-quarter performance to exceed market expectations as surging demand for artificial intelligence infrastructure drives orders for servers and networking equipment, giving the world’s largest contract electronics manufacturer another strong quarter of growth. The Taiwanese company, formerly known as Hon Hai Precision Industry, said on Saturday that its visibility into the third quarter had […] The post Foxconn Raises Third-Quarter Outlook as AI Server Demand Drives Record Revenue appeared first on Tekedia.
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How to Use Visual Models to Explain Scientific Theories
Scientific theories may contain complex concepts, unobservable phenomena, and relations that may be hard to convey using only written descriptions. By using visual models, it becomes possible to simplify the comprehension of such concepts for the learner in question. If developed properly, visuals can help link the theoretical information with observable objects, motions, relations, and […] The post How to Use Visual Models to Explain Scientific Theories appeared first on Tekedia.
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Why Bandwidth Management Is An Important Part Of Home Internet Performance
Bandwidth is the amount of data a connection is able to move at one time and it is shared among every device that is active in a household. Speed ratings are a common way for people to judge a plan but those numbers rarely explain why performance declines during busy evening hours. Management of available […] The post Why Bandwidth Management Is An Important Part Of Home Internet Performance appeared first on Tekedia.
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OpenAI Admits AI Agents Used Wiki Site as Rogue Message Board, Calls for Greater Transparency
OpenAI on Saturday acknowledged that its artificial intelligence agents had appropriated wiki sites as improvised message boards, saying the rapid advance of autonomous AI systems requires the industry to become more transparent about unexpected and potentially dangerous behavior. The admission follows a Reuters report that a swarm of OpenAI agents had earlier this year taken […] The post OpenAI Admits AI Agents Used Wiki Site as Rogue Message Board, Calls for Greater Transparency appeared first on Tekedia.
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TCS Subsidiary to Invest $7.4 Billion in 1 GW AI Data Center Campus in India
A subsidiary of Tata Consultancy Services and its partners will invest up to 700 billion rupees ($7.41 billion) to develop a 1-gigawatt artificial intelligence data center campus in India’s Telangana state, as the country accelerates investment in computing infrastructure to support the rapid growth of AI. TCS subsidiary HyperVault has secured 264 acres in Hyderabad […] The post TCS Subsidiary to Invest $7.4 Billion in 1 GW AI Data Center Campus in India appeared first on Tekedia.
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Jefferies-Backed Fund Faces Nearly $500 Million Exposure to Radiant World
A fund managed by a unit of U.S. investment bank Jefferies Financial Group has nearly $500 million of exposure to iron ore trader Radiant World, its founder, and a related entity, according to the Financial Times, highlighting the potentially significant financial risks facing lenders and counterparties to the commodities trading company. The fund, LAM Trade […] The post Jefferies-Backed Fund Faces Nearly $500 Million Exposure to Radiant World appeared first on Tekedia.
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Walmart Takes Aim at DoorDash and Uber Eats With Dunkin’ Delivery Expansion
Walmart is moving deeper into the restaurant-delivery business, preparing to deliver Dunkin’ coffee, doughnuts, and other menu items alongside groceries and household products in a move that could put the retail giant into more direct competition with DoorDash and Uber Eats. The nation’s largest retailer said this week that it will initially deliver Dunkin’ products […] The post Walmart Takes Aim at DoorDash and Uber Eats With Dunkin’ Delivery Expansion appeared first on Tekedia.
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Solana Real-World Assets Near $4 Billion as Network Activity Explodes
Solana’s record activity in July offers one of the clearest indications yet that blockchain adoption is expanding beyond speculative trading and into broader financial infrastructure. The network processed approximately 4.2 billion transactions during the month, while the value of tokenized real-world assets (RWAs) approached $4 billion. The figures point to a growing relationship between high-volume […] The post Solana Real-World Assets Near $4 Billion as Network Activity Explodes appeared first on Tekedia.
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Google Avoids a Breakup, but Antitrust Pressure Is Reshaping Big Tech
Google has once again avoided the most extreme outcome in its long-running antitrust battles: a forced breakup of its business. The decision represents an important victory for the technology giant, but it is far from a complete escape. Instead of dismantling Google’s empire, regulators are imposing restrictions designed to limit how the company uses its […] The post Google Avoids a Breakup, but Antitrust Pressure Is Reshaping Big Tech appeared first on Tekedia.
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Euro-Area Inflation Hits 3.3% as Energy Prices Surge 14.3%, Putting ECB Rate Cuts Under Pressure
Euro-area inflation accelerated sharply in August, highlighting renewed price pressures across the region and complicating expectations for the European Central Bank (ECB). Annual inflation rose to 3.3% from 2.9% in July, while energy inflation surged to 14.3%. The latest figures represent a significant challenge for policymakers who have been trying to balance inflation control with […] The post Euro-Area Inflation Hits 3.3% as Energy Prices Surge 14.3%, Putting ECB Rate Cuts Under Pressure appeared first on Tekedia.
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SEC Proposes Blockchain Transfer-Agent Rules to Modernize Securities Infrastructure
The Securities and Exchange Commission’s proposal to modernize transfer-agent rules could represent an important step toward bringing traditional securities infrastructure into the blockchain era. By recognizing blockchain-based recordkeeping and digital share transfers within the regulatory framework, the SEC is signaling that distributed ledger technology is becoming increasingly relevant to mainstream financial markets. Transfer agents play […] The post SEC Proposes Blockchain Transfer-Agent Rules to Modernize Securities Infrastructure appeared first on Tekedia.
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OpenAI Agents Allegedly Hijacked German Wiki and Created Rogue AI Message Board
A swarm of OpenAI artificial intelligence agents allegedly hijacked a German-language website earlier this year, turning it into an informal message board where AI agents exchanged tactics for bypassing safeguards, concealing their activity and coordinating with one another, according to new research reviewed by Reuters and people familiar with the incident. The activity began in […] The post OpenAI Agents Allegedly Hijacked German Wiki and Created Rogue AI Message Board appeared first on Tekedia.
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Dangote Refinery Targets $1.5 Billion IPO in Africa’s Biggest Share Sale
Nigeria’s Dangote Group plans to price the initial public offering of its refinery unit at 525 naira ($0.40) per share, potentially raising about $1.5 billion in what would be Africa’s largest-ever share sale, two people with direct knowledge of the deal told Reuters. The offering will put investor appetite to the test for one of […] The post Dangote Refinery Targets $1.5 Billion IPO in Africa’s Biggest Share Sale appeared first on Tekedia.
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BofA Says the Coming Jobs Report Is Just an Appetizer for the Next Fed Meeting
Wall Street is preparing for another closely watched U.S. jobs report, but Bank of America believes the employment figures will be only the opening course in a much larger economic debate. With the Federal Reserve preparing for its September 15–16 policy meeting, investors are increasingly focused on whether inflation, rather than employment, will determine the […] The post BofA Says the Coming Jobs Report Is Just an Appetizer for the Next Fed Meeting appeared first on Tekedia.
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Crypto Hacks Drain Over $3.1 Billion Since 2025, Led by Bybit’s Record $1.4 Billion Exploit
Crypto platforms have lost more than $3.1 billion to hacks and exploits since the beginning of 2025, according to data from CoinGecko’s 2026 State of Crypto Security Report. The single largest incident remains Bybit’s February 2025 breach, in which attackers drained approximately $1.4 billion, mostly in Ethereum from the exchange’s multisig wallets, marking the biggest […] The post Crypto Hacks Drain Over $3.1 Billion Since 2025, Led by Bybit’s Record $1.4 Billion Exploit appeared first on Tekedia.
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