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Next Wave: Kenya has conquered mobile money. Now it must fix the system underneath
Kenya has already proved that digital payments can bridge the financial inclusion gap. Its next challenge is to build an ecosystem where every bank, fintech, merchant, and mobile wallet can move money seamlessly together.
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👨🏿‍🚀TechCabal Daily – Jiji goes to Bangladesh
In today's edition: Jiji acquires Bangladeshi startup || South Africa hires AI policy panel || Bolt increases fares in Kenya || Kenyan regulator wants details of crypto users
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Amazon Accelerates into Ultra-Fast Delivery with 30-Minute Amazon Now Service Across Dozens of U.S. Cities
Amazon is redefining the speed of e-commerce once again. On Tuesday, the company announced a major expansion of its “Amazon Now” service, promising ultra-fast deliveries of 30 minutes or less in dozens of U.S. cities, marking its boldest bet yet on instant gratification as the future of online shopping. The rollout builds on a December […] The post Amazon Accelerates into Ultra-Fast Delivery with 30-Minute Amazon Now Service Across Dozens of U.S. Cities appeared first on Tekedia.
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Strategy Acquires $43M in Bitcoin While Bitmine Purchases $60M Ethereum
The digital asset market continues to witness an aggressive wave of institutional accumulation, as major firms deepen their exposure to cryptocurrencies through large-scale treasury acquisitions. In the latest development, software intelligence company Strategy acquired an additional $43 million worth of Bitcoin, while crypto investment firm Bitmine purchased $60 million worth of Ethereum. The coordinated accumulation […] The post Strategy Acquires $43M in Bitcoin While Bitmine Purchases $60M Ethereum appeared first on Tekedia.
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Ray Dalio’s Analysis Highlights Tension between Bitcoin’s Revolutionary Promise and Realities of Financial Markets
For years, Bitcoin has been promoted as digital gold, a decentralized asset capable of protecting wealth during economic turmoil, inflation, and geopolitical instability. Yet billionaire hedge fund manager Ray Dalio has repeatedly questioned whether Bitcoin truly behaves like a safe haven asset. His skepticism reflects a broader debate within global finance: can a highly volatile […] The post Ray Dalio’s Analysis Highlights Tension between Bitcoin’s Revolutionary Promise and Realities of Financial Markets appeared first on Tekedia.
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SoftBank Deepens AI Hardware Push With Fresh $457 Million Injection Into Graphcore
SoftBank Group has injected more than $450 million into British AI chipmaker Graphcore, boosting founder Masayoshi Son’s increasingly aggressive bet that control over artificial-intelligence infrastructure will define the next era of global technology dominance. A filing with the U.K.’s Companies House showed Graphcore issued a single share valued at roughly $457 million on April 10. […] The post SoftBank Deepens AI Hardware Push With Fresh $457 Million Injection Into Graphcore appeared first on Tekedia.
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Grayscale Files for ZEC ETF Amid Telegram’s Unified Development Toolchain
The cryptocurrency industry continues to evolve at the intersection of finance, technology, and digital infrastructure, and two recent developments highlight how rapidly the sector is maturing. Asset manager Grayscale Investments has filed for a Zcash exchange-traded fund tied to the privacy-focused cryptocurrency ZEC, while Telegram has introduced a unified development toolchain for the TON ecosystem. […] The post Grayscale Files for ZEC ETF Amid Telegram’s Unified Development Toolchain appeared first on Tekedia.
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FBI Charged 3 Men Accused of Brutal Crypto-related Robberies
The rise of cryptocurrency has created immense wealth, but it has also opened the door to a new wave of violent crime. In a disturbing development, the FBI recently charged three men accused of carrying out brutal crypto-related robberies, highlighting the growing dangers tied to digital assets. While cyber theft and online scams have long […] The post FBI Charged 3 Men Accused of Brutal Crypto-related Robberies appeared first on Tekedia.
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Sui and GOBLIN Rally Reveals the Increasing Overlap between AI culture and Crypto Markets
The cryptocurrency market thrives on narratives, momentum, and cultural relevance. Few weeks illustrate this better than the recent rise of the Sui ecosystem and the explosive rally of the GOBLIN memecoin. In a market increasingly driven by attention and community engagement, both stories demonstrate how visibility, branding, and internet culture can rapidly influence investor behavior […] The post Sui and GOBLIN Rally Reveals the Increasing Overlap between AI culture and Crypto Markets appeared first on Tekedia.
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Claude’s Deep Integration with AWS Highlights the Next Phase of the AI Revolution
The competition in artificial intelligence is no longer centered only on building the smartest chatbot. Increasingly, the battle is about ecosystem control, enterprise integration, and cloud infrastructure dominance. That reality became clearer as Anthropic’s Claude AI assistant secured deeper integration with the cloud ecosystem of Amazon Web Services, better known as AWS. The move signals […] The post Claude’s Deep Integration with AWS Highlights the Next Phase of the AI Revolution appeared first on Tekedia.
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Why ISA 2025 Will Shape Nigeria’s Next Wealth Cycle
I saved for my first car, a secondhand Honda Accord imported from Amsterdam, during NYSC. I earned the money through a business opportunity built on observation. Those were the days when being “technical” meant assembling computers from scratch. You bought the motherboard, RAM, hard drive, power unit, and installed Windows yourself. That was the engineering […] The post Why ISA 2025 Will Shape Nigeria’s Next Wealth Cycle appeared first on Tekedia.
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OpenAI Reportedly Agrees to Cap Revenue Sharing with Microsoft at $38bn
OpenAI has reportedly agreed to cap the total revenue it shares with Microsoft at $38 billion, a significant development that marks how the balance of power inside one of Silicon Valley’s most consequential partnerships is beginning to evolve as the artificial intelligence industry enters a new phase. According to a report by The Information, the […] The post OpenAI Reportedly Agrees to Cap Revenue Sharing with Microsoft at $38bn appeared first on Tekedia.
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OpenAI’s Move into Deployment Services Demonstrates AI is Entering a Commercial Stage 
The rapid commercialization of artificial intelligence has entered a new phase as OpenAI moves beyond building models and into helping enterprises deploy them at scale. In a significant strategic expansion, OpenAI has reportedly created a deployment-focused company designed to assist businesses in integrating AI systems directly into their operations. The move signals a broader transformation […] The post OpenAI’s Move into Deployment Services Demonstrates AI is Entering a Commercial Stage  appeared first on Tekedia.
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Strategy Does not View Bitcoin as a Speculative Tradeable Asset
Michael Saylor’s latest remarks about Strategy’s Bitcoin policy reinforces a message the company has communicated for years: Bitcoin is not simply a treasury reserve asset for the firm, but the foundation of its long-term corporate strategy. In a recent statement, Saylor explained that Strategy would aim to buy “10 to 20 Bitcoin for every one […] The post Strategy Does not View Bitcoin as a Speculative Tradeable Asset appeared first on Tekedia.
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Hyperliquid Paid Annualized Fees as High as 8,700% to Maintain Leveraged Synthetic Positions
The explosive intersection of artificial intelligence and cryptocurrency speculation reached a new extreme when traders on the decentralized exchange Hyperliquid paid annualized fees as high as 8,700% to maintain leveraged synthetic positions tied to the valuation of AI startup Anthropic. The phenomenon reflects the growing appetite for AI-linked financial exposure, even when the underlying company […] The post Hyperliquid Paid Annualized Fees as High as 8,700% to Maintain Leveraged Synthetic Positions appeared first on Tekedia.
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Crypto.com Receiving an SVF License from the UAE Central Bank Represents Major Height in Crypto Adoption
The rapid convergence of cryptocurrency and traditional finance has entered a new phase, and the United Arab Emirates is positioning itself at the center of that transformation. In a significant development for the global digital asset industry, Crypto.com announced that its UAE entity, Foris DAX Middle East FZE, has secured a Stored Value Facilities (SVF) […] The post Crypto.com Receiving an SVF License from the UAE Central Bank Represents Major Height in Crypto Adoption appeared first on Tekedia.
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EBay Rejects GameStop’s $56bn Bid, Exposing Risks in Ryan Cohen’s ‘Instant Berkshire’ Gamble
eBay has formally rejected GameStop’s surprise $56 billion takeover proposal, delivering a sharp rebuke to Chief Executive Ryan Cohen’s attempt to transform the struggling meme-stock retailer into a diversified acquisition vehicle modeled loosely on Warren Buffett’s Berkshire Hathaway. In a blunt letter Tuesday, eBay Chairman Paul Pressler said the board had reviewed the unsolicited proposal […] The post EBay Rejects GameStop’s $56bn Bid, Exposing Risks in Ryan Cohen’s ‘Instant Berkshire’ Gamble appeared first on Tekedia.
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The Return of Global Inflation Fears has Placed Central Banks in Difficult Positions
The return of global inflation fears has once again placed central banks in a difficult position, as the ongoing Iran war disrupts energy markets and threatens to reverse months of progress against rising consumer prices. What began as a geopolitical conflict in the Middle East has rapidly evolved into a major economic concern, particularly for […] The post The Return of Global Inflation Fears has Placed Central Banks in Difficult Positions appeared first on Tekedia.
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Germany Extends Employment Guarantee at Former Russian-owned Refinery
Germany’s decision to extend employment guarantees at the former Russian-owned refinery highlights the complex intersection of energy security, geopolitics, industrial policy, and labor protection in Europe’s largest economy. The refinery, once controlled by Russian interests through energy giant Rosneft, has become a symbol of Germany’s broader struggle to reduce dependence on Russian energy while maintaining […] The post Germany Extends Employment Guarantee at Former Russian-owned Refinery appeared first on Tekedia.
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Siemens Moves to Deepen Rail Software Push With €1 Billion Mer Mec Acquisition
Siemens has agreed to acquire Italian rail technology company Mer Mec in a deal valued at about 1 billion euros ($1.17 billion), according to a person familiar with the matter cited by Reuters. The acquisition, expected to be announced this week, would significantly expand the software, analytics, and signaling capabilities of Siemens Mobility, the German […] The post Siemens Moves to Deepen Rail Software Push With €1 Billion Mer Mec Acquisition appeared first on Tekedia.
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Jumia Records Strong Q1 2026 Results as Revenue Surges 39%, Reaffirms Path to Profitability
Jumia, Africa’s e-commerce platform, has reported strong first-quarter (Q1) 2026 financial results, posting significant growth in revenue and gross merchandise value (GMV) while narrowing its losses as the company pushes toward profitability. The company announced revenue of $50.6 million for the quarter ended March 31, 2026, representing a 39% increase compared to $36.3 million recorded […] The post Jumia Records Strong Q1 2026 Results as Revenue Surges 39%, Reaffirms Path to Profitability appeared first on Tekedia.
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Google Just Redesigned Every Emoji on Android – and They Are Now 3D
Google Just Redesigned Every Emoji on Android – and They Are Now 3D Google just announced that every single emoji on Android is getting a redesign. All 4,000 of them. The… TechCity
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Smart Doorbell Privacy: The Problem Nobody Is Talking About
Smart Doorbell Privacy: The Problem Nobody Is Talking About Smart home security devices are everywhere now. From video doorbells to indoor cameras, millions of people use them… TechCity
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Google I/O 2026: What the Announcements Actually Mean for Everyday Users
Google I/O 2026: What the Announcements Actually Mean for Everyday Users Updated May 12, 2026: Google’s Android Show aired today and confirmed several of the announcements covered in this… TechCity
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Everything Google announced at the Android Show: I/O Edition 2026
The event explored the integration of Gemini Intelligence across several devices, including the newly unveiled Googlebook.
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Android 17 and the biggest Android updates in 2026
Google's central message was that Android is moving from being an operating system to what it calls an “intelligent system.”
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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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