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Technology
Bitcoin Exchange-Traded Funds Have Recorded $3.4B Inflows since 2025
The resurgence of institutional interest in cryptocurrency has taken another significant step forward as Bitcoin exchange-traded funds (ETFs) recorded an impressive $3.4 billion in inflows during their longest winning streak since 2025. This sustained momentum reflects a growing confidence among investors that Bitcoin is evolving beyond a speculative digital asset into a mainstream financial instrument […] The post Bitcoin Exchange-Traded Funds Have Recorded $3.4B Inflows since 2025 appeared first on Tekedia.
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Fewer Investors Backing African Startups as Deal Activity Slows in 2026 – Report
Africa’s startup investment ecosystem is witnessing a noticeable slowdown in 2026, with both deal volume and investor participation declining sharply, according to the latest report by Africa: The Big Deal. The report revealed that only 162 unique investors participated in at least one non-exit deal worth $100,000 or more between January and April 2026. This […] The post Fewer Investors Backing African Startups as Deal Activity Slows in 2026 – Report appeared first on Tekedia.
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Michael Burry Sounds Alarm on AI-Driven Tech Rally, Urging Investors to Reject Greed and Scale Back Exposure
Michael Burry, the contrarian investor renowned for foreseeing the 2008 subprime mortgage crisis and profitably betting against it, has delivered a sobering message to investors amid the ongoing surge in technology and artificial intelligence stocks. He warned that the market has entered historically perilous territory marked by speculative excess, and it is time to reduce […] The post Michael Burry Sounds Alarm on AI-Driven Tech Rally, Urging Investors to Reject Greed and Scale Back Exposure appeared first on Tekedia.
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China’s Auto Market Slumps Again as Consumers Pull Back, Forcing Carmakers to Rely on Overseas EV Boom
China’s domestic car market extended its downturn for a seventh consecutive month in April, underscoring deepening stress in the world’s largest auto industry as weak consumer confidence, high fuel prices, and slowing economic growth continue to weigh on demand at home. Data released Monday by the China Passenger Car Association showed domestic vehicle sales fell […] The post China’s Auto Market Slumps Again as Consumers Pull Back, Forcing Carmakers to Rely on Overseas EV Boom appeared first on Tekedia.
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Wall Street Rally Loses Steam as Iran Tensions Reignite Inflation Fears Ahead of CPI Data
Wall Street’s record-breaking rally hit a pause on Monday as renewed concerns over the stalled U.S.-Iran peace process injected fresh uncertainty into markets already grappling with rising oil prices and the prospect of stickier inflation. The pullback was modest, but it reflected growing investor caution after weeks of relentless gains that pushed the S&P 500 […] The post Wall Street Rally Loses Steam as Iran Tensions Reignite Inflation Fears Ahead of CPI Data appeared first on Tekedia.
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JPMorgan-Led Banks Slash Exposure to Struggling FS KKR Capital Fund Days Before KKR’s $300m Lifeline
A JPMorgan Chase-led syndicate of banks sharply reduced its commitment to one of the largest publicly traded business development companies (BDCs) in the private credit space, just days before co-manager KKR stepped in with a substantial rescue package aimed at stabilizing the beleaguered fund. FS KKR Capital Corp., co-managed by KKR and Future Standard, announced […] The post JPMorgan-Led Banks Slash Exposure to Struggling FS KKR Capital Fund Days Before KKR’s $300m Lifeline appeared first on Tekedia.
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Trump Takes Musk, Cooper, other America’s Corporate Elite, to China as Industry Groups Demand Tough Line on Chinese EV Threat
U.S. President Donald Trump is heading into one of the most consequential meetings of his second term with Chinese President Xi Jinping this week, accompanied by a powerful delegation of Wall Street and Silicon Valley executives. Trump’s trip is also accompanied by mounting pressure at home to block Chinese vehicles from entering the American market. […] The post Trump Takes Musk, Cooper, other America’s Corporate Elite, to China as Industry Groups Demand Tough Line on Chinese EV Threat appeared first on Tekedia.
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OmniRetail, M-KOPA, Sabi, TymeBank make FT’s Africa fastest-growing companies list
Financial Times’ 2026 ranking of Africa’s Fastest-Growing Companies, an annual list that features 130 high-growth businesses across the continent, has featured 30 startups in its rankings.
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How to Block Spam Calls on iPhone and Android (Under 2 Minutes)
How to Block Spam Calls on iPhone and Android (Under 2 Minutes) Spam calls are not slowing down. According to Truecaller’s 2024 U.S. Spam and Scam Report, 56.2 million Americans… TechCity
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China’s Factory-Gate Inflation Surges to Nearly Four-Year High as Iran War Drives Energy Shock Through Economy
China’s producer inflation accelerated sharply in April to its highest level in nearly four years, highlighting how the Middle East conflict is beginning to ripple through the world’s second-largest economy and complicate Beijing’s efforts to revive weak domestic demand. Data released by the National Bureau of Statistics of China on Monday showed the producer price […] The post China’s Factory-Gate Inflation Surges to Nearly Four-Year High as Iran War Drives Energy Shock Through Economy appeared first on Tekedia.
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Trump-Xi Summit: U.S. Auto Industry and Bipartisan Coalition Warn Trump: No Chinese Cars in America
With President Donald Trump set to meet Chinese President Xi Jinping this week, a broad coalition spanning the American auto sector, steelmakers, unions, and politicians from both parties is pressing him with one clear demand: keep Chinese cars out of the United States. The intense lobbying effort stems from fears that Chinese automakers, backed by […] The post Trump-Xi Summit: U.S. Auto Industry and Bipartisan Coalition Warn Trump: No Chinese Cars in America appeared first on Tekedia.
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Strategy Acquires 535 Bitcoin For $43 Million, Boosting Holdings to 818,869 BTC
Strategy, the largest corporate holder of Bitcoin, has purchased an additional 535 BTC for approximately $43 million, continuing its aggressive Bitcoin accumulation strategy under Executive Chairman Michael Saylor. The company acquired the Bitcoin at an average price of $80,340 per coin. This brings Strategy’s total Bitcoin holdings to 818,869 BTC, purchased at a blended average […] The post Strategy Acquires 535 Bitcoin For $43 Million, Boosting Holdings to 818,869 BTC appeared first on Tekedia.
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E-commerce platform Jiji acquires Bangladesh’s Bikroy in first deal outside Africa
The acquisition is Jiji's first outside Africa and the second time in four years that the company has bought a marketplace from Sweden-based Saltside Technologies.
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AI is becoming part of everyday journalism in Nigerian newsrooms, report says
The findings come as newsrooms globally grapple with how generative AI is reshaping journalism production and audience trust.
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How to Set Up Two-Factor Authentication on Any Phone (Step-by-Step for Everyone)
How to Set Up Two-Factor Authentication on Any Phone (Step-by-Step for Everyone) Dorothy Harris is 71 years old and lives in Decatur, Georgia. Last year, she woke up to an… TechCity
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BofA, Goldman Push Back Fed Rate-Cut Expectations as Oil Shock and Strong Jobs Market Complicate Inflation Fight
Major Wall Street firms are rapidly recalibrating expectations for U.S. interest-rate cuts, with Bank of America and Goldman Sachs now forecasting that the Federal Reserve will keep borrowing costs elevated far longer than previously expected as the Iran war drives energy prices higher and the U.S. labor market continues to show surprising resilience. The revised […] The post BofA, Goldman Push Back Fed Rate-Cut Expectations as Oil Shock and Strong Jobs Market Complicate Inflation Fight appeared first on Tekedia.
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Gold Slides as Oil Surge, Fed Fears, and Stalled U.S.-Iran Talks Pressure Bullion
Gold prices fell sharply on Monday as rising oil prices and fading expectations for U.S. interest rate cuts weakened appetite for bullion, with investors increasingly worried that an extended Middle East conflict could reignite global inflation pressures. Spot gold dropped 1.1% to $4,664.99 per ounce by mid-session trading, while U.S. gold futures for June delivery […] The post Gold Slides as Oil Surge, Fed Fears, and Stalled U.S.-Iran Talks Pressure Bullion appeared first on Tekedia.
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Circle Pushes Beyond Stablecoins With $222m Arc Token Raise in Bid to Build Blockchain Infrastructure Giant
Circle Internet Group has raised $222 million through a presale of Arc, the native token of its new blockchain network, marking a major shift as the company seeks to evolve from a stablecoin issuer into a broader digital infrastructure and financial operating system provider. According to CNBC, the raise values the Arc network at a […] The post Circle Pushes Beyond Stablecoins With $222m Arc Token Raise in Bid to Build Blockchain Infrastructure Giant appeared first on Tekedia.
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Amaya wants to become the operating system for African agriculture
Africa's agritech historically funded marketplaces and startups digitising midstream gaps. But the distributors and cooperatives who actually serve farmers got left behind. Amaya says it is fixing that.
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Defending Nigerian Graduates: The Problem Is the System, Not the Talent
Question: “What is your comment on the debate about whether Nigerian graduates are still great, as discussed on the Platform?” My Response: I do not subscribe to the thesis that Nigerian graduates are not great. Rather, I posit that Nigerian graduates are not given sufficient opportunities to develop rapidly after school. A typical Nigerian graduate […] The post Defending Nigerian Graduates: The Problem Is the System, Not the Talent appeared first on Tekedia.
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Ambani Reshapes Jio IPO to Pure Fundraising as Global Investors Double Down on India’s Digital Future
Reliance Jio Platforms has overhauled the structure of its long-awaited stock market debut, abandoning plans that would have allowed early foreign investors to partially cash out and instead opting for a pure fundraising exercise, two sources told Reuters. The move, which signals growing long-term conviction in India’s digital economy even as geopolitical turmoil unsettles global […] The post Ambani Reshapes Jio IPO to Pure Fundraising as Global Investors Double Down on India’s Digital Future appeared first on Tekedia.
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OpenAI Extends EU Access to Advanced GPT-5.5-Cyber AI Model as Anthropic Maintains Cautious Stance on Mythos
OpenAI has moved proactively to strengthen ties with European regulators by offering the European Union early access to its latest cybersecurity-focused AI model, GPT-5.5-Cyber, while rival Anthropic continues to withhold preview access to its own powerful system, Mythos. The announcement on Monday represents a notable diplomatic gesture by OpenAI amid heightened EU scrutiny of frontier […] The post OpenAI Extends EU Access to Advanced GPT-5.5-Cyber AI Model as Anthropic Maintains Cautious Stance on Mythos appeared first on Tekedia.
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Bolt hikes fares by 6% in Kenya as rising fuel costs hit drivers
The fare increase, announced on Tuesday in Nairobi, makes Bolt one of the first major ride-hailing firms in Kenya to formally pass rising operating costs to consumers.
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Kenya’s Finance Bill 2026 could compel crypto platforms to identify wallet owners
Under amendments to the Finance Bill 2026,  virtual asset service providers would be required to file annual returns with the Kenya Revenue Authority (KRA) showing the names of Kenyan users, their transaction histories, and wallet activities.
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Tekedia Capital Cycle Extended to Monday, May 18, 2026
Hello, Greetings. Due to multiple requests from members, the current Tekedia Capital investment cycle has been extended to Monday, May 18, 2026. We strongly encourage members not to wait until the final day before initiating transfers or completing documentation, as last-minute payment and transfer challenges can occur. The 18 startups are here https://capital.tekedia.com/lesson/active/ For members who have […] The post Tekedia Capital Cycle Extended to Monday, May 18, 2026 appeared first on Tekedia.
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👨🏿‍🚀TechCabal Daily – Delivery Hero sell-down
In today's edition: Egypt’s Bosta delivers 75% returns for investors || Naspers-owned Prosus sells additional Delivery Hero stake || Kenya’s taxman wants access to taxpayer data || Vodacom and MTN mobile money subscribers grow
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Microsoft’s Ambitious $1bn Kenya Data Center Project Hits Major Roadblocks Over Payment Guarantees and Power Supply
Microsoft’s plans for a landmark $1 billion data center in Kenya have been significantly delayed following disagreements with the Kenyan government over financial guarantees and the project’s enormous energy requirements, Bloomberg reports, citing people familiar with the negotiations. The U.S. technology giant, in partnership with Abu Dhabi-based AI firm G42, had sought firm commitments from […] The post Microsoft’s Ambitious $1bn Kenya Data Center Project Hits Major Roadblocks Over Payment Guarantees and Power Supply appeared first on Tekedia.
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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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