Launch Africa backed over 170 startups across 22 countries. Jeffery Akemu explains how the firm supports that many founders.

Gold climbed more than 1% on Monday as mounting expectations of a potential diplomatic breakthrough between the United States and Iran pushed oil prices and the dollar lower, easing fears that the Middle East conflict could lock the Federal Reserve into a prolonged period of high interest rates. Spot gold rose 1.1% to $4,559.69 an […] The post Gold Rebounds as Easing Iran Tensions Weaken Dollar and Oil, Reshaping Fed Outlook appeared first on Tekedia.

Nvidia Chief Executive Jensen Huang has criticized corporate leaders who attribute layoffs to artificial intelligence, arguing that many executives are using AI as a convenient justification for broader cost-cutting and restructuring decisions rather than describing the technology’s actual impact on the workforce. Speaking in an interview with Singapore broadcaster CNA on Monday, Huang dismissed the […] The post “We’re Scaring People:” Nvidia’s Jensen Huang Rebukes CEOs Blaming AI For Layoffs appeared first on Tekedia.

Coking coal prices in China surged after a deadly gas explosion at a mine in Shanxi province triggered an aggressive round of safety inspections that traders fear could significantly disrupt near-term supply in the world’s largest steelmaking market. The most-active coking coal futures contract on the Dalian Commodity Exchange jumped as much as 8%, hitting […] The post Deadly Shanxi blast jolts China’s coal market, Shoots Prices Up, as safety crackdown threatens steel supply chain appeared first on Tekedia.

Indian equity markets opened the week on a strong note on Monday, with benchmark indices posting solid gains as global crude oil prices fell below the psychologically key $100-per-barrel level for the first time in more than two weeks. The rally was fueled by optimism surrounding potential progress in U.S.-Iran negotiations to end the conflict […] The post Indian Benchmarks Surge as Oil Prices Drop Below $100 on Renewed Hopes for U.S.-Iran Peace Deal appeared first on Tekedia.

Entrepreneurial leadership is not only about starting companies. It is about knowing which ideas deserve to become businesses, which markets require patience, and which systems must exist before growth can be trusted. Yasam Ayavefe’s business direction offers a clear example of leadership that places structure before scale, especially across hospitality, technology, consumer services, and investment-led […] The post How Yasam Ayavefe’s Entrepreneurial Leadership Centers on Structure Before Scale appeared first on Tekedia.

AI Is Not Free: Why the Cost of Staying Smart Is Breaking Company Budgets in 2026 Something unexpected is happening inside companies that were first to adopt AI. The tools are working. Users love… TechCity

We’re entering a strange moment in digital life where seeing, hearing, or reading something is no longer enough to trust it. AI can now clone voices, mimic writing styles, generate fake videos, and imitate human behaviour with unsettling accuracy. As these tools become more accessible, the real consumer challenge is no longer just spotting obvious […]

South Africa’s R495 billion digital economy could grow to R874.5 billion by 2035, according to new independent research that finds Meta’s platforms are contributing an estimated R16.5 billion in annual economic value today, with AI set to add a further R528 billion to GDP over the next decade. The “Meta’s Impact in South Africa” report, […]

Capital rested in Layer-1, but it has started shifting to the AI infrastructure, with Ozak AI gaining most of the attention. It has surpassed the major milestone of $7 million since the acceleration of capital rotation. Chances are the AI-powered crypto project will commence public trading at a higher pace as more capital is injected. […] The post Global Capital Is Rotating From Layer-1s Into AI Infrastructure — Ozak AI Crosses $7M as the Rotation Accelerates appeared first on Tekedia.

Shares of Delivery Hero jumped more than 10% on Monday after reports that Uber Technologies is preparing an improved takeover offer for the German food delivery giant, intensifying what could become one of the most consequential consolidation battles in the global delivery industry. The rally followed a Financial Times report that Uber’s board met over […] The post Delivery Hero Shares Surge Over 10% as Uber Prepares Higher Takeover Bid appeared first on Tekedia.

Spotify, the global music streaming giant, believes Nigerian artists’ streaming earnings will grow not because subscription prices rise, but because more Nigerians begin paying for music.

bPOWERd's entry comes as Nigeria’s solar energy market expands amid unstable electricity supply and rising energy costs. 

The board of IHS Holding Limited has backed MTN Group’s plan to take the telecom tower company private, setting the stage for a shareholder vote that could reshape ownership of one of Africa’s largest digital infrastructure providers.

The upgrade, rolled out last week, raises Zuku’s entry-level package from 15 megabits per second (Mbps) to 30 Mbps at KES 2,799 ($22) a month. 

A motorcycle crash scene does not stay stable for long. Traffic resumes, people move around, and important details begin to fade even before anyone properly records them. What finally appears in a crash report is often only a partial snapshot of what actually unfolded on the road. That gap becomes even more serious in cases […] The post When the Road Becomes Evidence: What Most Motorcycle Crash Reports Fail to Capture appeared first on Tekedia.

Insurance coverage is supposed to provide financial protection after a serious car accident, especially in situations involving uninsured drivers. However, many uninsured motorist claims become more complicated than drivers expect once the claim process begins. Insurance companies often conduct detailed reviews of accident reports, medical records, injury claims, and policy terms before approving compensation. The […] The post Why Uninsured Driver Claims Often Become Fights With Your Own Insurance Company appeared first on Tekedia.

In healthcare, biomedical innovation, and media, organisations often assume that once a valuable service exists, people will automatically use it. Hospitals invest in advanced technologies. Researchers develop life-changing scientific breakthroughs. Media organisations create content with strong professional standards. Yet many of these services struggle to achieve impact.  The reason, according to Professor Ojebuyi’s research, is […] The post Ojebuyi’s Research: Why Great Products and Services Fail Without Communication appeared first on Tekedia.

Disconnected by Design: How Nigeria’s Digital Agricultural Revolution Will Leave Rural Farmers Behind Abubakar Saidu has never heard of Digital Public Infrastructure (DPI), the technology framework Nigeria is increasingly relying on… TechCity

People write about moonshots all the time in investing. In venture capital language, a moonshot refers to ambitious, exploratory, and breakthrough projects designed to solve massive problems using radical technologies and unconventional thinking. Today, I am happy to announce that Tekedia Capital has invested in a real moonshot. Yes, our position in GRU is connected […] The post Investing Beyond Earth: Tekedia Capital Backs a Real Moonshot, GRU appeared first on Tekedia.

Altron’s results cap a three-year turnaround that has reshaped the company while returning a substantial windfall to shareholders.

There is generally an agreement about the need to mobilise more local capital. So, the thinking goes, we can reduce dependency on foreign investors.

European enterprise software company ERP.net has introduced App Builder. A new Agentic AI-native platform that enables organizations to create custom business applications directly within the ERP environment. App Builder uses AI agents to help users rapidly develop applications, automations, and workflows using natural language commands – without coding or using external development teams. “That’s the next stage in the evolution of […]

Sentech SOC Ltd is pleased to announce the appointment of Mr Flenk Mnisi as Chief Operating Officer (COO), effective 18 May 2026. ​ Mr Mnisi brings extensive experience and proven leadership to the role, having built a distinguished career within Sentech over nearly two decades. He was appointed Acting COO prior to his official appointment […]

The proposal in the Finance Bill 2026 tabled before parliament would allow the Kenya Revenue Authority (KRA) to tax gains made by non-resident investors selling shares abroad if those shares derive their value from Kenyan assets or operations.

In today's edition: Branch lays off staff || Investec wants an Irish banking licence || SA rail transit agency eyes e-hailing || Orange’s subsea cable plans

Kenyan digital bank Cloud9 Money, has acquired Mtickets global in an all-stock deal valued roughly KES 100 million ($773,000). The acquisition, which was announced in early May 2026, aims to merge live entertainment and travel ticketing with embedded financial services like credit and digital payments. Cloud9 founder and CEO Tesh Mbaabu commenting on the deal, […] The post Kenyan Digital Bank Cloud9 Money, Acquires Mtickets Global to Embed Finance Into Experiences appeared first on Tekedia.

As we march toward our public launch in September 2026, I am excited to unveil the Contisx Securities and Apprenticeship Vault (CSAV), powered by the Contisx Central Securities Depository (CSD) infrastructure and specifically engineered for organizations and entities that may not necessarily be raising capital directly within the Contisx Securities Exchange Plc ecosystem. In practical […] The post Overview of Contisx Securities and Apprenticeship Vault (CSAV) appeared first on Tekedia.

Bitcoin has surged back above the $77,000 prize zone, after President Donald Trump announced that a peace agreement with Iran has been largely negotiated,  with final details expected soon. The deal includes reopening the strategically vital Strait of Hormuz, a move that immediately eased geopolitical tensions and triggered a sharp risk-on rally across crypto markets. […] The post Bitcoin Retraces Above $77,000 as US And Iran Move Towards Historic Deal Agreement appeared first on Tekedia.

Nvidia chief executive Jensen Huang has called on Super Micro Computer to strengthen compliance controls after Taiwanese authorities detained three individuals over alleged fraudulent declarations tied to artificial intelligence servers assembled for the US chipmaker’s ecosystem. The case, which prosecutors say involves the suspected misrepresentation of AI server shipments for export, marks Taiwan’s first known […] The post Nvidia CEO Presses Super Micro to Comply with Authorities As Taiwan Opens First AI Server Smuggling Probe appeared first on Tekedia.

Nvidia Chief Executive Jensen Huang signaled that the company still sees China as a critical long-term growth market, even as Washington tightens export controls and Beijing accelerates efforts to build a domestic semiconductor ecosystem capable of challenging American dominance. Speaking in Taipei on Saturday ahead of Computex, Huang said Nvidia’s projected $200 billion market opportunity […] The post Nvidia CEO Jensen Huang Says China is Part of Its New $200bn Market appeared first on Tekedia.

Anthropic has released its first progress report on Project Glasswing, the ambitious cybersecurity initiative launched in April aimed at turning advanced AI into a powerful defensive weapon against AI-powered cyberattacks. Powered by the unreleased Claude Mythos Preview model, the project has already produced impressive outcomes in its first month, uncovering more than 10,000 vulnerabilities across […] The post Anthropic’s Mythos Delivers Striking Early Results In AI-Driven Cybersecurity, Found More Than 10,000 Vulnerabilities appeared first on Tekedia.

Elon Musk’s companies are showing signs of divergent priorities in their energy strategy. While Tesla has long championed an electrified, solar-powered future, a new SpaceX IPO filing highlights how Musk’s xAI is leaning heavily on fossil fuels to power its rapidly expanding AI infrastructure — raising questions about whether the original Tesla Master Plans are […] The post Elon Musk’s Shifting Energy Vision: SpaceX Filing Reveals xAI’s Heavy Reliance on Natural Gas as Tesla’s Clean Energy Master Plan Takes a Backseat appeared first on Tekedia.

Shifting Definitions of Luxury Luxury has long been associated with exclusivity, heritage, and high price tags. Yet today’s consumers are questioning whether those markers truly define value. Increasingly, people are drawn to brands that prioritise transparency, sustainability, and individuality over mere status symbols. This shift reflects a broader cultural movement where luxury is no longer […] The post Why Consumers Are Rethinking Traditional Luxury Purchases appeared first on Tekedia.

On the evening of May 23, 2026, an unusual anxiety swept through parts of Nigeria. Across cities in the Southwest, particularly Ibadan, rumours spread rapidly that everyone must remain indoors by 9 PM to avoid an impending danger. Shops closed early. Roads became congested with people rushing home. Families warned one another to stay inside. […] The post What 9 PM Staying Indoors Rumour Reveals About Nigerians’ Collective Memory appeared first on Tekedia.

Many of society’s deepest problems do not begin with a lack of hospitals, policies, or programmes. Sometimes, they begin with silence. Silence between parents and children about sexuality and health. Silence between married couples about family planning. Silence created by fear and misinformation surrounding HIV/AIDS. Silence between institutions and young people struggling to find opportunities […] The post When Silence Hurts: How Professor Ojebuyi Used Communication to Improve Lives and Strengthen Communities appeared first on Tekedia.