In today's edition: MTN, IHS Towers agree takeover deal || Temu is being probed in Nigeria || E-hailing drivers are demanding biometric registration || Ecobank Kenya hires former Family Bank exec

Nigeria’s equity market is becoming increasingly defined by a narrow circle of heavyweight stocks. As of February 16, 2026, 26 listed companies have attained market capitalizations above N1 trillion, with their combined value reaching N110.54 trillion, according to data from Nigerian Exchange Limited. With total market capitalization at N122.13 trillion, this elite group now commands […] The post Trillion-Naira Stocks Tighten Grip on NGX as SWOOTs Rise to 26, Controlling Over 85% of Market Value appeared first on Tekedia.

Nigeria's Ministry of Communications, Innovation, and Digital Economy will review MTN Group's proposed $2.2 billion acquisition of IHS Towers

Yandex’s adjusted EBITDA surged 80% in Q4 2025—nearly three times faster than revenue growth—highlighting sharp margin expansion and strengthening operating leverage. Russia’s largest internet company, Yandex, reported fourth-quarter 2025 revenue of 436 billion roubles ($5.68 billion), marking a 28% year-on-year increase and capping a year of sustained top-line expansion. More striking than the revenue growth […] The post Yandex Delivers Strong Q4 as Profit Growth Outpaces Revenue, Signals Confidence with Dividend appeared first on Tekedia.

In a signal that the next phase of artificial intelligence may be defined less by scale and more by accessibility, enterprise AI firm Cohere has introduced a new family of compact multilingual models designed to run directly on everyday devices — no cloud connection required. Unveiled on the sidelines of the India AI Summit, the […] The post Cohere Bets on Compact, Multilingual AI with Launch of ‘Tiny Aya’ at India AI Summit appeared first on Tekedia.

In the fast-moving world of online sports play, finding a place that mixes trust, variety, and new ideas is vital for every person. Sites like bwin and BetTOM give set paths for normal players, bwin with its long-running sports and casino picks, and BetTOM looking at easy UK markets. However, the growth of crypto-first sites […] The post Winter Olympics Betting Reaches a New Level with Spartans’ 33% CashRake, Leaving bwin & BetTOM Behind appeared first on Tekedia.

Auto accidents are overwhelming. Dealing with insurance companies and medical bills when you’re already swamped with work? Terrifying. Nobody who works full-time has time to negotiate with insurance adjusters, fill out medical forms, and communicate with attorneys. It’s just life. But if you handle those things wrong, you could end up settling for far less […] The post The Legal Landscape After an Auto Accident: A Guide for Busy Professionals appeared first on Tekedia.

Modern companies struggle with massive data collection tasks and need a stable solution to keep operations running effectively. Why do firms pay for these services instead of using free options? Free tools often leak info or fail during heavy loads – a risk most Canadian enterprises cannot afford to take. Recent figures suggest the market […] The post Finding a Reliable Proxy Provider for Enterprise Data Management appeared first on Tekedia.

Web-based betting sites in 2026 give many different choices for sports play and casino fun. FanDuel works in over 23 US states using old-style prize setups, while DraftKings Casino has lossback deals on slot titles for American users. However, Spartans acts as the top sportsbook by changing how the entire betting space works. This worldwide […] The post The End for Legacy Betting: Spartans’ 33% CashRake Shreds the Rulebook for FanDuel and DraftKings! appeared first on Tekedia.

MTN Group, Africa’s largest telecom operator, is moving to take full ownership of IHS Towers in a $2.2 billion deal that would consolidate control of nearly 29,000 telecom towers across Africa.

Nigeria will not rush into passing a new law to govern virtual assets, marking a shift from expectations that Africa’s largest crypto market would move swiftly toward case-by-case legislation.

China’s imports of crude oil from Russia are projected to reach a new all-time high in February 2026, extending a three-month growth streak as independent Chinese refiners capitalize on deep discounts and a pivot away from Russian supplies by India. Data from ship-tracking and commodity analytics firms show Russia’s seaborne oil deliveries into China will […] The post China’s Russian Oil Imports Set New Record as India Scales Back Amid Geopolitical Shifts appeared first on Tekedia.

The pan-European STOXX 600 index closed modestly higher on Monday, at 618.52 points (+0.13%), snapping a recent volatile patch as financial shares rallied and investors shifted focus to a packed corporate earnings calendar that could provide fresh insight into the health of European businesses. Financials led the advance, with the banks sub-index (.SX7P) rising 1.4% […] The post European Stocks Edge Higher as Financials Rebound from AI Fears, Investors Eye Busy Earnings Week appeared first on Tekedia.

A new wave of retail participation is reshaping Nigeria’s equities landscape, as young investors increasingly turn to the stock market to build wealth amid a prolonged market rally and improving access to investment tools. The shift marks a notable departure from years of youth participation, signaling a structural change in how Nigeria’s younger population now […] The post Young Nigerians Turn to Stock Market Amid Historic Rally And Surging Investor Confidence appeared first on Tekedia.

The Japanese yen weakened on Monday, falling 0.4% to 153.32 per U.S. dollar, following the release of meagre economic growth figures that underscored the challenges facing the government of Prime Minister Sanae Takaichi. This came after the yen surged nearly 3% last week, marking its largest weekly gain in around 15 months, driven by investor […] The post Yen Slips After Weak Growth Data; U.S. Dollar Steady Amid Fed Rate Speculation appeared first on Tekedia.

Milan prosecutors have opened an investigation into alleged false accounting at Italian specialist lender BFF Bank (BFF.MI), two sources with direct knowledge of the matter told Reuters on Monday. BFF confirmed the probe in a statement, acknowledging that Milan prosecutors began investigating at the end of 2023. “BFF has, from the very beginning, made itself […] The post Milan Prosecutors Investigate BFF Bank for Alleged False Accounting as Shares Plunge 12% appeared first on Tekedia.

Nigeria’s headline inflation rate moderated slightly to 15.10% year on year in January 2026, down from 15.15% in December 2025, according to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics. The marginal decline of 0.05 percentage points continues a multi-month trend of easing inflation, offering a glimmer of hope […] The post Nigeria’s Inflation Shows Continued Easing to 15% in January 2026, but Consumers Feel Little Relief appeared first on Tekedia.

Changpeng Zhao (CZ), the co-founder and former CEO of Binance, recently provided his most detailed public account to date regarding Binance’s early investment in FTX. This came during an appearance on the All-In Podcast. He traced the origins of the relationship back to January 2019, when he first met Sam Bankman-Fried (SBF). At that time, […] The post CZ All-In Podcast Doesn’t Address its Footprint on FTX Bankrun  appeared first on Tekedia.

February’s crypto market is currently navigating a period of extreme indecision, with the Fear & Greed Index hitting lows not seen in years. Veteran traders and newcomers are reassessing their portfolios as liquidity thins across the market. The Dogecoin price today reflects this uncertainty, as its recent climb to $0.1195 faces immediate threats from a […] The post It’s Official – BlockDAG Begins Trading On March 4! Traders Pile Up $0.00016 BDAG Amidst DOGE & ADA’s Modest Predictions appeared first on Tekedia.

Nigeria’s banks processed $16.78 billion in capital inflows in the first nine months of 2025 — a 131.8% jump year-on-year — with nearly all funds concentrated in short-term portfolio investments, according to the Q3 2025 Capital Importation report released by the National Bureau of Statistics. The figure represents a 131.81% increase compared to the $7.236 […] The post Nigerian Banks Channel $16.8bn in Capital as Portfolio Flows Dominate Nigeria’s 2025 Inflows appeared first on Tekedia.

Foreign Direct Investment made up just 3.3% of Nigeria’s $16.78 billion capital inflows in the first nine months of 2025, underscoring the economy’s continued reliance on short-term portfolio funds. Nigeria recorded $565.21 million in Foreign Direct Investment (FDI) between January and September 2025, even as total capital importation surged to $16.78 billion, according to the […] The post Nigeria’s FDI Stalls at $565m as Portfolio Flows Dominate $16.8bn Capital Surge appeared first on Tekedia.

Kenyan banks are targeting students with prepaid cards, turning schools into testing ground for a long term race to win future customers.

Lagos is About to Host Africa’s Biggest No-Code Gathering: Legacy 3.0 is Here Lagos has always been the heartbeat of African tech, but on Saturday, February 21, 2026, things are moving… TechCity

Egyptian e-commerce platform Breadfast has raised $50 million in a pre-Series C funding round backed by Mubadala Investment Company, the World Bank’s International Finance Corporation, Saudi Arabia’s Olayan Financing Company, Japan’s SBI Investment, the European Bank for Reconstruction and Development, Y Combinator, Novastar Ventures, 4DX Ventures, and AAIC Investment, alongside a Saudi billionaire family. The […] The post Egypt’s Breadfast Raises $50M Pre-Series C from Mubadala, IFC, and Olayan appeared first on Tech In Africa.

Foreign direct investment (FDI) into Nigeria’s telecommunications sector is rebounding, driven by improved pricing reforms, naira stability, and renewed investor confidence.

Terra Industries, a Nigerian defense technology company building autonomous security systems for African critical infrastructure, has raised an additional $22 million in funding led by Lux Capital. The extension follows an $11.75 million round closed one month earlier, bringing total funding to $34 million. The round was completed in under two weeks. Existing investors 8VC, […] The post Nigerian Defense Tech Startup Terra Industries Raises $22M Extension Round, Total Funding Reaches $34M appeared first on Tech In Africa.

Total funding to African tech companies reached $3.2 billion in 2025, recovering from $2.2 billion in 2024 and surpassing the $3 billion recorded in 2023. The number of companies raising $100,000 or more remained broadly stable year-on-year. Growth was concentrated in large individual transactions rather than a broad expansion of funded companies, particularly at smaller […] The post African Tech Funding Rebounds to $3.2B in 2025, Driven by Large Debt Facilities appeared first on Tech In Africa.

Volkswagen plans to cut costs by 20% across all brands by the end of 2028, according to Manager Magazin. The move comes as Europe’s largest carmaker seeks to reinforce its balance sheet against rising expenses, intensifying competition in China, and U.S. tariff pressures. Chief Executive Oliver Blume and finance chief Arno Antlitz presented what the […] The post Volkswagen Targets 20% Cost Reduction by 2028 Amid 35,000 Job Cuts Plan, China Market Slowdown and U.S. Tariffs appeared first on Tekedia.

Ethereum co-founder Vitalik Buterin recently expressed serious concerns about the current state of decentralized prediction markets, warning that without a major shift in direction, they risk long-term unsustainability or collapse. In a detailed post on X, Buterin acknowledged the successes of platforms like Polymarket—high trading volumes, the ability to support full-time traders, and their role […] The post Vitalik Warns Prediction Markets Face Collapse Without Fix on Directions appeared first on Tekedia.

According to UNHCR, over 350,000 individuals in North Africa and the Middle East lack identity or nationality. This lack of identification prevents the issuance of official documents that could certify their identities, thereby hindering the creation of medical records needed for effective treatment traceability. Identy.io will provide HumanCoop with facial biometric identity verification solutions. This […]

British investment firm Rosebank Industries announced on Monday that it is in advanced negotiations to acquire two U.S.-based businesses owned by private equity firm American Securities for a combined enterprise value of $3.05 billion. The proposed deals would mark Rosebank’s most significant transaction since its 2024 public listing and reinforce its strategy of acquiring, improving, […] The post Rosebank Industries in Advanced Talks to Acquire Two U.S. PE-Backed Firms for $3.05bn, Plans £1.9bn Equity Raise appeared first on Tekedia.

17 février 2026 Hello! Welcome to The Next Wave: Francophone Africa, your weekly deep dive into the tech ecosystem across French-speaking Africa. By default, this newsletter is in French—but don’t worry, you can click the button below to switch to the English version. Read in English Bonjour 👋, Avant de commencer, une petite note : […]

Call it the $99 puzzle. Vendors claim that, for the cost of one software seat, you get a full virtual studio—security, avatars, instant translation. Yet fine-print blurs the promise: minutes vs. credits, surprise add-ons, compliance gaps. We ran the numbers. With AI video now board-level spend—Synthesia serves 60 000 companies and recently hit a $2.1 […] The post Enterprise AI video generation platforms compared: what $99 really buys you appeared first on Tekedia.

When the Wi-Fi blips, your VPN can drop and the swarm instantly sees the IP your ISP assigned—anyone on the tracker can trace you. Most “best SOCKS5” round-ups ignore that risk, treating the proxy as a tick box instead of a leak-proofing layer. We took a harder line. We yanked cables, killed processes, and ran […] The post Best VPN with SOCKS5 Proxy Bundle: Which Ones Actually Prevent IP Leaks? appeared first on Tekedia.

Cloud On Demand has formally announced a new collaboration with StorVault, a cloud-based backup, storage, and recovery company based in South Africa. The partnership brings together scalable cloud delivery and secure, in-country data protection to help organisations manage intensifying cyber threats and compliance demands. StorVault’s solutions are specifically designed to address common causes of data […]

Red Hat believes that sovereignty shouldn’t be a wall but a foundation for the freedom to choose where and how you run your workloads. Digital sovereignty is the ultimate strategic lever for innovation. It propels organisations beyond compliance into true operational freedom, where you, not your cloud provider, dictate your business continuity. ”To accelerate this […]