Chinese electric vehicle maker Xpeng said Wednesday it had been selected among the first companies to receive support from a new Guangdong provincial government investment fund aimed at accelerating the growth of strategic emerging industries. The funding, which highlights how Beijing and local authorities are increasingly directing state capital toward artificial intelligence-linked mobility technologies, is […] The post Xpeng Secures Backing From Guangdong’s $15bn State Fund as China Bets on AI-Driven Mobility Future appeared first on Tekedia.

A growing clash between the Canadian government and major U.S. technology companies is exposing how the global fight over encryption is entering a more confrontational phase, with implications reaching far beyond Canada’s borders. At the center of the dispute is Bill C-22, an online safety and national security measure proposed by Canada’s Liberal government that […] The post Canada’s Encryption Battle Pits Ottawa Against Big Tech as Apple and Google Warn of ‘Backdoor’ Risks appeared first on Tekedia.

Table of contents What to expect under ₦200,000 Under ₦120,000 (Entry level/Second phone) ₦120,000 to ₦150,000 (The sweet spot) ₦145,000 to ₦170,000 (Main recommendations) ₦170,000 to ₦200,000 (Premium budget) Which phone should you buy? This is a guide to the cheapest phones in Nigeria and their prices, covering everything under ₦200,000 that is worth your […]

South African fintech Yoco is banking on artificial intelligence (AI) to be the next major growth lever for small businesses. To advance that vision, the commerce platform has acquired Dyner.ai, an AI-native operating system built to help Small and Medium-sized Enterprises (SMEs), particularly restaurants, streamline operations. In an interview with TechCabal on Thursday, Carl Wazen, […]

Africa’s startup ecosystem is no longer in recovery mode — it’s in expansion. After a funding slowdown in 2024, the continent’s startups bounced back hard, raising $3.1 billion in 2025, up from $2.2 billion the year prior — and the biggest headline to come out of those numbers is a shift in the pecking order. […] The post Kenya Claims Africa’s VC Crown as Continent’s Startup Funding Surges Past $3 Billion appeared first on Tech In Africa.

Applications are now open for the 2026 Africa Health-Tech Accelerator, a pan-African programme targeting early-stage startups building healthcare technology solutions across the continent. The accelerator runs under the Africa Health ExCon platform and offers founders a path to mentorship, product validation support, business development training, investor readiness, and connections to strategic partners. The programme is […] The post Africa Health-Tech Accelerator Is Looking for Its Next Cohort — Here’s What Founders Need to Know appeared first on Tech In Africa.

Link building is often considered a technical SEO strategy to improve website rankings, but it has more advantages. Good quality backlinks help create an image of a company, increase its web presence, and build trust with audiences in its area of operation. For sectors such as SaaS, e-commerce or financial services, good quality links serve […] The post How Link Building Supports Brand Growth Beyond Search Rankings appeared first on Tekedia.

Nala, the Tanzanian-founded fintech building stablecoin-powered cross-border payment rails, has secured up to $50 million in credit financing from private credit firm Liquidity as demand rises for faster business payments between emerging markets, Europe and the United States.

Getting ready for the Abia State Third Year Anniversary Discussion on the impactful leadership of Governor Dr. Alex Otti at the International Conference Centre, Umuahia. Prof. Chidi Odinkalu will deliver the keynote address, while Dr. Bolaji Akinyemi and I will join the discussion to reflect on the journey, reforms, and development trajectory of Abia State […] The post Prof. Ndubuisi Ekekwe – Discussant at the Abia State 3rd Year Anniversary Dialogue on Governor Alex Otti’s Transformational Leadership appeared first on Tekedia.

When Zipline first entered Nigeria in 2022, the company’s operations looked like another ambitious health-tech pilot: drones delivering vaccines and medical supplies across a handful of underserved states. 

Salesforce chief executive Marc Benioff is leaning on aggressive share repurchases and an expanded artificial intelligence strategy as the cloud software company confronts renewed investor skepticism over its long-term growth outlook and competitive positioning in the generative AI era. Speaking on CNBC’s “Mad Money” on Wednesday, Benioff said the company’s near-term priority remains execution rather […] The post Salesforce CEO Marc Benioff Doubles Down On Buybacks And AI Integration To Turn Around His Struggling Stock appeared first on Tekedia.

African Development Bank (AfDB) has projected a modest slowdown in Africa’s economic growth this year, warning that escalating tensions in the Middle East are beginning to feed into fuel, fertilizer, and food costs across the continent, threatening household purchasing power and macroeconomic stability. In its latest annual economic outlook released during the bank’s meetings in […] The post AfDB Reviews Africa’s Growth Outlook Downward to 4.2% as Middle East Crisis Raises Fresh Inflation Risks appeared first on Tekedia.

Spotify is expanding deeper into spoken-word journalism, rolling out narrated versions of long-form articles from major international publications as it seeks to strengthen user engagement, diversify its audio catalogue, and compete more directly across podcasts, audiobooks, and AI-generated entertainment formats. The company said on Tuesday that it will introduce more than 650 English-language narrated articles […] The post Spotify Pushes Into Spoken Journalism as It Builds an All-In-One Audio Ecosystem to Boost Engagement appeared first on Tekedia.

SK Hynix became the latest company to join the exclusive $1 trillion market capitalization club on Wednesday, as relentless demand for high-bandwidth memory chips used in AI servers propelled the South Korean semiconductor giant to a record valuation and lifted the broader market to new heights. Shares of SK Hynix soared as much as 14.9% […] The post SK Hynix Surges Past $1tn Market Value, Cementing South Korea as AI Chip Powerhouse Alongside Samsung and Micron appeared first on Tekedia.

Crypto markets have once again tilted into uncertainty as sentiment collapses into extreme fear, following a sharp downturn that dragged Bitcoin below the $75,000 mark. Bitcoin price plunged significantly to trade as low as $74,840, from an intra-day high of $77,800. This saw the crypto Fear & Greed Index fall to 25 out of 100 […] The post Crypto Sentiment Slips Into ‘Extreme Fear’ as Bitcoin Plunges Below $75K appeared first on Tekedia.

Qualcomm Inc. has struck a significant agreement with ByteDance Ltd., the owner of TikTok, to supply millions of custom artificial intelligence chips for data centers, marking a major milestone in the U.S. chipmaker’s efforts to expand beyond its traditional smartphone dominance into the high-growth AI infrastructure market. Bloomberg made the report, citing people familiar with […] The post Qualcomm Secures Major Win with ByteDance AI Chip Deal, Boosting Its Push into Data Center Infrastructure appeared first on Tekedia.

Cerebras CEO Andrew Feldman is pushing back against the narrative of AI as an extractive force on communities, arguing that data centers, the massive facilities powering the AI boom, can and should be built in ways that deliver tangible benefits to the towns and cities that host them, rather than imposing hidden costs. In a […] The post Cerebras CEO Andrew Feldman Calls for Community-Friendly AI Infrastructure Buildout, Urging Industry to Become “Good Neighbors” appeared first on Tekedia.

In today's edition: Spiro acquires Coexlion || Wasoko co-founder launches new fund || Absa taps former Standard Bank exec || CAK proposed fines for Kenyan telcos

Analysts at Goldman Sachs have raised their year-end 2026 target for the S&P 500 to 8,000 from 7,600, becoming the latest major Wall Street firm to argue that the artificial intelligence investment boom is strong enough to keep driving U.S. equities higher despite mounting geopolitical and inflation risks. The new forecast implies another 6.4% upside […] The post Goldman Sachs Lifts S&P 500 Target to 8,000 as AI Boom Continues to Power Wall Street appeared first on Tekedia.

Peter Schiff, one of Bitcoin’s most vocal critics, has renewed his warning that the world’s largest cryptocurrency remains nothing more than a highly correlated risk asset vulnerable to a severe market collapse. According to Schiff, Bitcoin’s price movements continue to mirror broader speculative markets, particularly tech stocks, making it far from the “safe haven” many […] The post Peter Schiff: Bitcoin is A Correlated Risk Asset Doomed to Crash Harder appeared first on Tekedia.

Fresh doubts are emerging on Wall Street over the growing optimism that the United States and Iran are close to ending a conflict that has already rattled global energy markets, disrupted shipping flows, and revived fears of another inflation shock for the world economy. While markets initially rallied after President Donald Trump said over the […] The post Oil Markets Brace for Prolonged Crisis as Piper Sandler Warns Strait of Hormuz Not Opening Soon appeared first on Tekedia.

Admaius Capital Partners has launched Virunga Africa Fund II, targeting $500 million in growth equity across five markets: Egypt, Kenya, Morocco, Rwanda and South Africa. The fund plans to back between 10 and 12 companies, deploying tickets of $15 million to $50 million per investment. It will primarily seek majority stakes, though strategic minority positions […] The post Admaius Capital Partners Launches $500M Virunga Africa Fund II appeared first on Tech In Africa.

AHL Venture Partners has reached a first close of $30.5 million for its AHL Africa Credit Fund I, the firm’s first formal private credit vehicle after nearly two decades operating as an advisory arm to the AHL Charitable Foundation. The fund is anchored by the AHL Foundation and has brought in three family offices as […] The post AHL Venture Partners Hits $30.5M First Close for Africa Private Credit Fund appeared first on Tech In Africa.

France-backed pan-African programme Digital Africa has officially launched the Digital Africa Seed Fund (DASF), a dedicated seed-stage vehicle targeting between €30 million and €50 million. The announcement was made at the Africa Forward Summit in Nairobi on 12 May 2026. The fund will write cheques of between €300,000 and €2 million into roughly 30 technology […] The post Digital Africa Launches $58M Seed Fund Targeting Overlooked African Markets appeared first on Tech In Africa.

The prevailing narrative around the AI capital expenditure boom frames it as a simple function of financing conditions and software cycles: so long as capital is abundant and models keep improving, hyperscaler spending appears self-reinforcing. Yet this view misses the more binding constraints. The ultimate check on an AI CapEx orgy is not merely the […] The post AI CapEx Orgy Is Not Merely the Availability of Capital but Convergence of Energy appeared first on Tekedia.

France’s biggest bank, BNP Paribas, is intensifying efforts to harden its cyber defenses as a new generation of powerful artificial intelligence models begins reshaping the global security landscape and exposing vulnerabilities at unprecedented speed. Marc Camus, the bank’s chief information officer, said the rise of advanced AI systems capable of rapidly identifying software weaknesses has […] The post BNP Paribas, In Partnership with Mistral, Races to Reinforce Cyber Defenses as AI-Powered Threats Escalate appeared first on Tekedia.

Across Africa’s startup and digital business ecosystem, the content challenge is one that almost every founder and marketer recognizes immediately. Your product is good. Your story is worth telling. But the gap between having something worth communicating and having the resources to communicate it through video — the format that actually moves audiences in 2025 […] The post How African Entrepreneurs Are Using Text to Video AI to Scale Their Content Without Big Budgets appeared first on Tech In Africa.

The question of whether the AI sector is entering a speculative bubble hinges on a tension between accelerating real-world adoption and increasingly stretched financial expectations. In practice, both forces are simultaneously true: artificial intelligence is delivering measurable productivity gains across industries, while capital markets are pricing a future that may be arriving faster in narrative […] The post AI Industry is in a Bifurcated Boom Rather Than a Uniform Bubble appeared first on Tekedia.

Strategy (formerly MicroStrategy), has further cemented its position as the world’s largest corporate holder of Bitcoin after growing its stash to 843,738 BTC, now valued at approximately $64.45 billion. The company’s aggressive accumulation strategy, championed by Executive Chairman Michael Saylor, continues to draw global attention as Bitcoin’s rising price boosts the firm’s unrealized gains and […] The post Strategy Hits 843,738 BTC Worth $64.45 Billion appeared first on Tekedia.

US technology giants are now projected to deploy roughly $750 billion in capital expenditure this year toward AI infrastructure, marking one of the most aggressive industrial investment cycles in modern computing history. The figure reflects a convergence of hyperscaler expansion, generative AI demand, and a structural shift toward compute-intensive workloads. Firms are building end-to-end AI […] The post US Tech Giants Projected to Spend $750B on AI Infrastructure appeared first on Tekedia.

Private equity-backed Applied Aerospace & Defense is seeking a valuation of up to $3.59 billion in its U.S. initial public offering, joining a fast-growing wave of defense and aerospace firms rushing to tap buoyant investor demand fueled by geopolitical instability, surging military spending, and the global race to modernize weapons systems. The Huntsville, Alabama-based contractor […] The post Applied Aerospace Targets $3.6 Billion Valuation as Defense IPO Boom Accelerates appeared first on Tekedia.

President Donald Trump has issued a strong reaffirmation of his commitment to digital assets, declaring that the United States must remain the undisputed Bitcoin and cryptocurrency capital of the world. Trump in a post on Truth social emphasized the importance of maintaining the authority of the Commodity Futures Trading Commission (CFTC) over prediction markets, arguing that […] The post Trump Vows: America Will Remain The Bitcoin And Crypto Capital of The World appeared first on Tekedia.

SpaceX has successfully pushed the Pentagon to nearly double its payments for Starlink connectivity on U.S. kamikaze drones during the Iran war, Reuters reports, citing sources. The development is seen as an indication of Elon Musk’s company’s growing leverage over critical U.S. military capabilities at a time when the satellite network has become indispensable in […] The post Musk Tightens Grip on U.S. Military as SpaceX Reportedly Secures Higher Pay from Pentagon for Kamikaze Drones appeared first on Tekedia.

A union representing Samsung Electronics’ consumer electronics workers has escalated an already tense labor dispute by asking a South Korean court to block a vote on a government-mediated pay agreement that heavily favors the company’s semiconductor divisions, significantly complicating Samsung’s efforts to restore stability after weeks of strike threats. The Samsung Electronics Co Union (SECU), […] The post Samsung Faces Deepening Labor Crisis as Consumer Electronics Union Seeks Court Block on AI-Favored Pay Deal appeared first on Tekedia.

Gold prices fell sharply on Tuesday as escalating tensions between the United States and Iran pushed oil prices higher, intensified inflation concerns, and reinforced expectations that the Federal Reserve may keep interest rates elevated for longer. Spot gold dropped 1.1% to $4,521.80 per ounce by early trading in London, hovering near recent multi-week lows, while […] The post Gold Slides as Iran Tensions Stoke Inflation Fears and Strengthen Fed Rate-Hike Bets appeared first on Tekedia.

Tekedia Capital is excited to report our investment in Pocket, a new class of AI-native device designed to take notes across conversations and meetings – offline or online – and later generate transcripts, summaries, action points, and to-do lists automatically. The market response has been extraordinary. In just five months after launch, Pocket has sold […] The post Tekedia Capital Invests in Pocket, New Species of AI-Native Human Productivity Devices appeared first on Tekedia.