Naija News Feed
Technology
The Impact of an African Credit Rating Agency on Development Financing
A proposed African credit rating agency has emerged as one of the continent’s most ambitious financial reform initiatives. For decades, African governments have relied on major international credit rating agencies to assess their creditworthiness before issuing sovereign bonds or seeking international financing. While these agencies play an important role in global financial markets, many African […] The post The Impact of an African Credit Rating Agency on Development Financing appeared first on Tekedia.
Tekedia -
Kenya’s Global Ambitions Face Domestic Economic Reality
Kenya’s growing prominence on the global stage has placed President William Ruto at the center of international diplomacy. As the country strengthens its engagement with the Group of Seven (G7) and other major economic powers, expectations have risen that Kenya will represent the interests of Africa while attracting investment, trade, and development partnerships. However, this […] The post Kenya’s Global Ambitions Face Domestic Economic Reality appeared first on Tekedia.
Tekedia -
UK M&A Boom Accelerates as Overseas Buyers Snap Up British Companies While Large Corporates Reshape Portfolios
Merger and acquisition (M&A) activity in the United Kingdom is gathering significant momentum as large British companies streamline their operations and overseas investors take advantage of attractive valuations to acquire cash-generative UK businesses, according to Citi UK Chief Executive Tiina Lee. Speaking to CNBC’s Squawk Box Europe from London’s Canary Wharf on Thursday, Lee described […] The post UK M&A Boom Accelerates as Overseas Buyers Snap Up British Companies While Large Corporates Reshape Portfolios appeared first on Tekedia.
Tekedia -
How to Learn Free Skills on Your Phone in 2026: The Complete Beginner’s Guide
How to Learn Free Skills on Your Phone in 2026: The Complete Beginner’s Guide Your smartphone is probably one of the most powerful learning tools you own. Yet for many people, it… TechCity
Tech City NG -
WhatsApp Wants You to Forget About Phone Numbers, Meta Won’t
On June 29, 2026, Meta-owned WhatsApp confirmed what leaks and beta testers had been hinting at for months: after 17 years of building its entire identity system around phone numbers, the app is rolling out usernames. Users can now reserve a unique handle-three to 35 characters, lowercase letters, numbers, periods, and underscores only-that can eventually […] The post WhatsApp Wants You to Forget About Phone Numbers, Meta Won’t appeared first on Tekedia.
Tekedia -
Japan Shifts Yen Defense Strategy, Opting for Surprise Interventions to Deter Speculators as Currency Hits Fresh Lows
Japanese officials are moving away from their longstanding practice of publicly signaling intervention risks, adopting a more aggressive and unpredictable approach to catch yen speculators off guard and raise the costs of betting against the currency, according to sources cited by Reuters. Departing from the carefully calibrated warnings that preceded previous interventions, the Ministry of […] The post Japan Shifts Yen Defense Strategy, Opting for Surprise Interventions to Deter Speculators as Currency Hits Fresh Lows appeared first on Tekedia.
Tekedia -
Apple Expands iPhone Lineup to Five New Models, Boosts Foldable Production as AI-Driven Chip Shortages Reshape Smartphone Market
Apple is significantly expanding its iPhone product roadmap over the next two years, planning to launch at least five new models while ramping up production of its long-awaited foldable iPhone, as the company seeks to strengthen its position in the premium smartphone market during a global memory chip shortage fueled by artificial intelligence. According to […] The post Apple Expands iPhone Lineup to Five New Models, Boosts Foldable Production as AI-Driven Chip Shortages Reshape Smartphone Market appeared first on Tekedia.
Tekedia -
Meta Defends WhatsApp Usernames as India Warns Feature Could Fuel Cybercrime and Delays Rollout
Meta Platforms has pushed back against concerns raised by the Indian government over WhatsApp’s planned username feature, arguing that the new functionality includes multiple safeguards against fraud and impersonation, even as New Delhi warns it could significantly increase cybercrime across the world’s largest WhatsApp market. In a statement to CNBC, Meta defended the feature, stressing […] The post Meta Defends WhatsApp Usernames as India Warns Feature Could Fuel Cybercrime and Delays Rollout appeared first on Tekedia.
Tekedia -
JPMorgan Says Tokenization Could Reshape The $4.7 Trillion U.S. Financial Market
JPMorgan, the largest U.S. bank with approximately $4.7 trillion in assets, has publicly stated that tokenization could fundamentally modernize the American financial system. This marks a significant step in integrating blockchain technology into traditional finance, moving beyond experimental projects into strategic mainstream adoption. Tokenization involves representing real-world assets such as Treasuries, equities, real estate, and […] The post JPMorgan Says Tokenization Could Reshape The $4.7 Trillion U.S. Financial Market appeared first on Tekedia.
Tekedia -
Experts Cast Doubt on Space-Based AI Data Centers as Engineering and Economic Hurdles Mount
The idea of moving artificial intelligence data centers into orbit has captured the imagination of investors and technology entrepreneurs seeking to overcome mounting constraints on Earth. But aerospace engineers are warning that the concept remains far from practical, arguing that enormous technical, financial, and operational obstacles make space-based AI infrastructure one of the industry’s most […] The post Experts Cast Doubt on Space-Based AI Data Centers as Engineering and Economic Hurdles Mount appeared first on Tekedia.
Tekedia -
Microsoft Plans Another Round of Job Cuts Amid AI Transformation
Microsoft is reportedly preparing for another round of job cuts, underscoring the profound changes reshaping the global technology industry. The anticipated layoffs come as the company continues to invest heavily in artificial intelligence (AI), cloud computing, and next-generation digital infrastructure while seeking greater operational efficiency. Microsoft remains one of the world’s most valuable and profitable […] The post Microsoft Plans Another Round of Job Cuts Amid AI Transformation appeared first on Tekedia.
Tekedia -
OpenAI Acquires A Tekedia Capital Portfolio Firm
I have mixed feelings about sharing that last month, OpenAI acquired one of our portfolio companies. Some members of the Tekedia Capital family are understandably disappointed, believing the transaction did not capture the company’s state of play. I agree. Nonetheless, I have encouraged everyone to focus on the bigger picture because we’re learning fast on […] The post OpenAI Acquires A Tekedia Capital Portfolio Firm appeared first on Tekedia.
Tekedia -
 
 
Bitcoin Faces Fresh Selling Pressure After Nine Straight Days of ETF Outflows
Bitcoin’s institutional investment narrative faced renewed pressure as U.S. spot Bitcoin exchange-traded funds (ETFs) recorded approximately $230 million in net outflows, extending their losing streak to nine consecutive trading days. At the same time, reports that the Winklevoss twins, founders of the Gemini cryptocurrency exchange, had sold a portion of their Bitcoin holdings added another […] The post Bitcoin Faces Fresh Selling Pressure After Nine Straight Days of ETF Outflows appeared first on Tekedia.
Tekedia -
Global Manufacturing Shows Resilience as AI Demand Cushions Asia While Europe Navigates Energy Shock, PMIs Show
Manufacturing activity across major economies demonstrated notable resilience last month, with Europe recording its strongest quarter since early 2022 and Asian producers receiving a significant lift from the ongoing artificial intelligence investment boom, according to business surveys released on Wednesday. The data offered some reassurance amid the lingering effects of the U.S.-Israeli conflict with Iran, […] The post Global Manufacturing Shows Resilience as AI Demand Cushions Asia While Europe Navigates Energy Shock, PMIs Show appeared first on Tekedia.
Tekedia -
EU Targets Shein, Temu and AliExpress With New €3 Import Fees as Bloc Tightens Rules on Chinese E-Commerce
The European Union has taken another major step to curb the rapid expansion of Chinese ultra-low-cost online retailers, introducing new import fees on small parcels that had long entered the bloc duty-free. The measure marks the latest escalation in a global crackdown on business models used by platforms such as Shein, Temu and Alibaba-owned AliExpress, […] The post EU Targets Shein, Temu and AliExpress With New €3 Import Fees as Bloc Tightens Rules on Chinese E-Commerce appeared first on Tekedia.
Tekedia -
Companies Rehire Workers After AI-First Strategies Fall Short, Raising Questions About Long-Term Automation Bets
After two years of aggressive cost-cutting and promises that artificial intelligence would replace large sections of the workforce, a growing number of companies are reversing course, rehiring employees after discovering that AI systems still struggle with complex, judgment-based and customer-facing tasks. The trend is emerging at a time when investors are questioning how quickly companies […] The post Companies Rehire Workers After AI-First Strategies Fall Short, Raising Questions About Long-Term Automation Bets appeared first on Tekedia.
Tekedia -
Abu Dhabi’s MGX Closes $49bn AI Fund as Global Capital Rush Into Artificial Intelligence Accelerates
Abu Dhabi-based investment firm MGX has closed a $49 billion artificial intelligence investment fund, creating one of the largest dedicated AI investment vehicles ever assembled as global investors intensify their race to finance the next generation of AI companies and infrastructure. The fund, announced on Wednesday, exceeded its original $45 billion fundraising target, attracting institutional […] The post Abu Dhabi’s MGX Closes $49bn AI Fund as Global Capital Rush Into Artificial Intelligence Accelerates appeared first on Tekedia.
Tekedia -
Knowlix AI Launches an AI Teammate to Simplify SME Operations Across Africa
Knowlix AI has introduced an AI powered business platform designed to support small businesses across 29 African countries and several other markets worldwide. The Munich based startup said its platform enables businesses to manage customer relationships, invoicing, inventory, projects, and other back office operations from a single system. At launch, the platform will be available […] The post Knowlix AI Launches an AI Teammate to Simplify SME Operations Across Africa appeared first on Tech In Africa.
Tech In Africa -
Climate Adaptation Leads as Village Capital Invests USD 500K Across Africa
Tech In Africa -
Open Startup Unveils New Strategy to Drive Research Led Innovation Across Africa
Tech In Africa -
1001 Strengthens GCC AI Ambitions With $30 Million Series A Funding
Sovereign AI company 1001, with operations across the GCC and London, has secured $30 million in a Series A funding round led by Lux Capital. The investment also attracted participation from PIF owned Sanabil Investments, 9Yards, and Hanabi, while existing investors General Catalyst, CIV, and Stanford AI researcher Chris Ré increased their commitments. The round […] The post 1001 Strengthens GCC AI Ambitions With $30 Million Series A Funding appeared first on Tech In Africa.
Tech In Africa -
Catalyst Fund completes $30 million second close to back Africa’s climate-tech startups
TechCabal -
Is the Infinix Note 50 still worth buying in 2026?
A year later, the Infinix Note 60 has arrived, and the Note 50's price has fallen sharply, making it worth a second look.
TechCabal -
Tech Wins H1 Rally, But Wall Street Not in the Lead as AI Boom Powers Emerging Markets and Semiconductor Stocks
The global technology rally gathered remarkable momentum in the first half of 2026, but the biggest winners were no longer America’s trillion-dollar technology giants. Instead, investors increasingly rotated into semiconductor manufacturers, AI infrastructure suppliers and international technology stocks, signaling that the artificial intelligence investment boom is broadening well beyond Silicon Valley. While U.S. Big Tech […] The post Tech Wins H1 Rally, But Wall Street Not in the Lead as AI Boom Powers Emerging Markets and Semiconductor Stocks appeared first on Tekedia.
Tekedia -
 
 
Regal Rexnord Emerges as AI Infrastructure Play as Kerrisdale Sees 81% Upside
Investment firm Kerrisdale Capital, best known for its high-profile short-selling campaigns, has shifted to a bullish stance on industrial automation company Regal Rexnord, arguing that Wall Street is significantly undervaluing a business that sits at the intersection of two of the fastest-growing technology themes: artificial intelligence data centers and humanoid robotics. In a report published […] The post Regal Rexnord Emerges as AI Infrastructure Play as Kerrisdale Sees 81% Upside appeared first on Tekedia.
Tekedia -
Afreximbank says Spiro investment signals Africa’s battery ambitions
TechCabal -
Why Cold Storage Infrastructure Depends On High Performance Insulated Metal Panels
Holding items like food, medicine, or certain chemicals requires spaces that stay cold without fail. From vegetables to vaccines, consistency matters most when surroundings never waver. A minor shift in warmth might compromise freshness, cause early spoilage, or bring financial setbacks. Because reliability is non-negotiable, each component within such structures supports steady performance. A critical […] The post Why Cold Storage Infrastructure Depends On High Performance Insulated Metal Panels appeared first on Tekedia.
Tekedia -
Why Every HR Leader Should Be Paying Attention to AI in 2026
Artificial intelligence is no longer a future trend in Human Resources—it is rapidly becoming the engine behind modern recruitment, learning, employee engagement and workforce planning. Across South Africa, HR leaders are under pressure to hire faster, retain top talent, improve employee wellbeing and deliver measurable business value, often with limited resources. At the same time, […]
IT News Africa -
Nigeria heads into 2027 election worried about AI, report warns it’s unprepared
TechCabal -
Engineering resilience into Africa’s energy future
Africa’s energy transition is often discussed in terms of generation capacity, investment pipelines, and megawatts added to the grid. While these metrics matter, they only tell part of the story. The real challenge facing the continent is not simply producing more electricity. It is building resilient, integrated infrastructure systems that can support long-term economic and […]
IT News Africa -
Novastar joins Google Africa Applied AI Lab to back startups
TechCabal -
Battery rentals spread from South Africa to Nigeria as energy costs rise
TechCabal -
Kenya court says restructuring alone cannot justify layoffs, raising startup risks
TechCabal -
Packard Bell Debuts First Smartphone, Unveils Industry-First AI-Generated Ad Campaign
Packard Bell has entered the smartphone market with the launch of its first handset, the Daytona G16 Pro, an Android-powered device aimed at consumers seeking premium features at an affordable price. The launch also marks another first for the brand: a fully AI-generated advertising campaign. Developed using artificial intelligence from concept and scriptwriting through to […]
IT News Africa -
Payments are costing online businesses more than they think
Nobody builds an online store hoping customers will give up at the last click. Yet that is exactly where too many businesses still lose sales: the customer was ready to buy and the business had already done the hard part, but then the checkout got in the way. Payments should be central to how African […]
IT News Africa -
Binance Surpasses $1 Billion in Assets Under Management for Stocks Trading in 30 Days
Binance, a leading blockchain ecosystem and digital asset infrastructure provider, today announced that stock trading on its platform has surpassed $1 billion in assets under management (AUM) in 30 days since launch. The milestone is accompanied by more than $3 billion in total trading volume since the product went live on June 1, 2026.  Stock […]
IT News Africa -