In today's edition: MTN eyes fintech licences || Kenyans lose $835 to online fraud || South Africa proposes new EV incentives || SA formalises rules for e-hailing

Collector sentiment in the NFT market has once again been thrust into the spotlight after reports that entrepreneur and investor Adam Weitsman acquired a rare left-facing Pudgy Penguin NFT for $250,000. The purchase, while not unprecedented in the blue-chip NFT segment, signals a renewed appetite for culturally significant digital collectibles even amid a still-maturing liquidity […] The post Pudgy Penguins NFT Floor Price Reaction After $250K Sale appeared first on Tekedia.

The artificial intelligence industry continues to evolve at an extraordinary pace, and the latest development comes from with the release of Claude Fable 5, a new Mythos-class AI model. The launch marks another significant milestone in the race to build increasingly capable, reliable, and intelligent AI systems. As competition intensifies among leading AI companies, Fable […] The post Claude Releases Fable 5, a Mythos-Class AI Model appeared first on Tekedia.

Investors, policymakers, and consumers are closely watching this morning’s Consumer Price Index (CPI) report, which is expected to show inflation running at 4.2% year-over-year. The data arrives at a critical moment for the U.S. economy, as markets continue to weigh the balance between slowing inflation, economic growth, and the future path of interest rates. While […] The post CPI Report Expected to Show 4.2% Inflation: Why Markets Are Watching Closely appeared first on Tekedia.

Meta has partnered with Reliance Industries to establish its first AI-enabled data center operation in India, marking a significant expansion of the U.S. technology giant’s infrastructure footprint in one of its most important growth markets. Under the agreement, Reliance will build a 168-megawatt data center in Jamnagar, Gujarat, which Meta will lease with the option […] The post Meta Partners with Reliance to Establish First AI Data Center in India appeared first on Tekedia.

Paga, a Nigerian mobile payment company, has announced a strategic partnership with Crossmint aimed at accelerating stablecoin adoption across Africa and strengthening the continent’s connection to the global financial ecosystem. As part of the collaboration, Crossmint will integrate Paga Engine’s local fiat on-ramp and off-ramp capabilities into its global enterprise payout network across Africa. Simultaneously, […] The post Paga Expands Stablecoin Infrastructure in Africa Through Strategic Crossmint Partnership appeared first on Tekedia.

Binance’s reported milestone of surpassing $400 million in assets under management (AUM) in its stock trading segment marks a significant inflection point in the convergence of crypto-native infrastructure and traditional equity market exposure. While still early in its lifecycle compared to legacy brokerages and asset managers, the figure signals accelerating demand for hybrid financial products […] The post Why Binance’s Expansion into Equities Signals the Next Phase of Crypto Adoption appeared first on Tekedia.

A recent Citrini Research report has drawn significant attention across crypto market structure discussions, highlighting that HYPE buybacks have reportedly accounted for roughly 50% of all token buyback activity within its comparable peer set. While buyback mechanisms have become a standard tool in tokenomics design—used to manage supply, stabilize market sentiment, and align protocol revenue […] The post Traders Are Watching HYPE Buybacks as a Key Crypto Market Indicator appeared first on Tekedia.

SoftBank Group’s efforts to raise at least $6 billion through a margin loan backed by its large stake in OpenAI have stalled, just weeks after the Japanese conglomerate scaled back its initial target from $10 billion, Bloomberg reports, citing people familiar with the matter. The setback comes as SoftBank weighs various fundraising alternatives and continues […] The post SoftBank’s $6 Billion Margin Loan Talks for OpenAI Stake Reportedly Stall appeared first on Tekedia.

SpaceX is pushing aggressively into space-based artificial intelligence infrastructure, with executives telling investors the company aims to launch initial demonstration missions of orbital computing systems by late 2027 — ahead of the “as early as 2028” timeline outlined in its IPO filing. The orbital-compute initiative sits at the heart of SpaceX’s long-term growth narrative as […] The post SpaceX to Test Orbital AI Ambitions, Targeting 2027 Computing Launch as Core Pillar of $1.75tn IPO Story appeared first on Tekedia.

The United States is stepping up its energy diplomacy in Southeast Asia, offering access to strategic energy reserves, expanding exports of liquefied petroleum gas (LPG) and liquefied natural gas (LNG), and deepening cooperation on critical minerals and digital infrastructure as geopolitical competition in the region intensifies. Speaking at the ASEAN Future Forum in Hanoi, U.S. […] The post US Pushes Energy Influence In Southeast Asia, Working To Release Energy Reserves, Boost Sales Of Gas To ASEAN appeared first on Tekedia.

iOS 27 vs Android 17 AI: Which Platform Is Winning the AI Race in 2026? For years, the smartphone battle was about cameras, battery life, and app ecosystems. In 2026, it is about… TechCity

Binance founder and former CEO Changpeng Zhao (CZ) has urged investors to remain calm, insisting that Bitcoin’s current bearish sentiment is only temporary. In a post aimed at reassuring the crypto community, CZ emphasized that market downturns are a natural part of Bitcoin’s long-term growth cycle and should not overshadow the asset’s broader trajectory. He […] The post “Don’t Panic”: Binance CEO CZ Says Bitcoin Bearish Phase Won’t Last appeared first on Tekedia.

Artificial intelligence startup Anthropic is making its most advanced AI technology available to a broader audience for the first time, while imposing strict safeguards designed to prevent the system from being used for potentially dangerous cybersecurity activities. The company on Tuesday unveiled Claude Fable 5, describing it as the most capable model it has released […] The post Anthropic Opens Powerful Mythos AI to Wider Users, but Tightens Safety Controls Ahead of IPO Push appeared first on Tekedia.

Fears that artificial intelligence is already wiping out white-collar jobs may be running ahead of the evidence, according to a senior economist at Google DeepMind, who says the data so far does not support claims of a widespread employment crisis. Alex Imas, director of AGI economics at Google DeepMind and a professor at the University […] The post Google DeepMind Economist Sees No Evidence of AI-Driven White-Collar Job Bloodbath, Warns of ‘FOMO Layoffs’ appeared first on Tekedia.

Tim Draper has revived a long-running debate in cryptography and financial security with a stark claim: quantum computing will likely compromise traditional banking systems before it meaningfully threatens Bitcoin. At the core of his argument is not simply the raw power of quantum machines, but the uneven structure of financial infrastructure itself—centralized banks on one […] The post Why Banks May Be More Vulnerable to Quantum Attacks Than Bitcoin appeared first on Tekedia.

Bitcoin’s spot ETF market is once again flashing signs of fragility as institutional flows turn negative for a third consecutive day, coinciding with the rare recurrence of the so-called Hindenburg Omen, a technical market breadth signal historically associated with elevated crash risk regimes. While neither indicator is deterministic on its own, their simultaneous appearance has […] The post Bitcoin ETF Outflows Hit 3-Day Streak as Hindenburg Omen Triggers in Market Warning Sign appeared first on Tekedia.

China’s trade performance in May exceeded expectations, with exports accelerating sharply and imports continuing their robust climb, as surging demand for AI-related technology goods and green energy products helped shield the economy from the disruptive effects of the ongoing U.S.-Iran war. Overall exports rose 19.4% year-on-year in U.S. dollar terms, accelerating from 14.1% growth in […] The post China’s May Trade Performance Exceeded Expectations, Driven by Shipments to U.S., AI, and Green Exports appeared first on Tekedia.

U.S. stocks ended mostly higher on Monday, with the Nasdaq and semiconductor shares leading a partial recovery from Friday’s sharp selloff, as investors hunted for bargains amid lingering optimism around artificial intelligence and relief that direct confrontations between Iran and Israel had paused, at least temporarily. The S&P 500 rose 21.99 points, or 0.30%, to […] The post U.S. Stocks Rebound Modestly as Chip Sector Leads Recovery and Middle East Tensions Ease Slightly appeared first on Tekedia.

GSK has agreed to acquire U.S. biotech firm Nuvalent in a $10.6 billion all-cash transaction, marking its biggest acquisition in more than ten years and a decisive push to strengthen its oncology portfolio, particularly in lung cancer treatments. The deal, confirmed in a filing on Tuesday and first reported by the Financial Times, values Nuvalent […] The post GSK to Acquire U.S. Biotech Firm Nuvalent for $10.6bn in Largest Pharma Deal in a Decade appeared first on Tekedia.

Artificial intelligence-linked technology stocks staged a strong rebound across Asia on Tuesday, mirroring gains on Wall Street as investors returned to semiconductor and AI infrastructure plays after a sharp bout of profit-taking that rattled global technology markets last week. The rally was led by South Korean chipmakers, underscoring continued investor conviction that demand for AI […] The post AI Trade Roars Back Across Asia as Chip Stocks Rally, but IPO Wave Raises Questions About Investor Appetite appeared first on Tekedia.

Sports betting in Nigeria has never been more competitive. Platforms are no longer judged solely on football coverage — players now evaluate a casino betting site based on the depth of its markets, the quality of its mobile interface, bonus structure, and payout speed. Among the platforms gaining traction in the Nigerian market, Pin Up […] The post What Nigerian Bettors Can Expect From a Modern Bookmaker Platform appeared first on Tekedia.

Perplexity is pressing ahead with plans to go public in 2028, positioning itself as the next major artificial intelligence company likely to tap public markets after the highly anticipated listings of OpenAI, Anthropic, and SpaceX. Speaking to CNBC, Perplexity CEO Aravind Srinivas said the company’s IPO plans remain unchanged regardless of how investors respond to […] The post Perplexity Confirms 2028 IPO as AI Listing Wave Tests Investor Appetite for Trillion-Dollar Valuations appeared first on Tekedia.

Artificial intelligence is rapidly becoming embedded in the core workflows of modern organizations. From marketing departments generating content at scale to internal teams using AI for documentation and reporting, the technology is no longer experimental—it is operational. However, as AI adoption increases, a quieter and more complex issue is emerging within enterprises: how to maintain […] The post AI Content Governance in Modern Businesses: Why Trust Has Become the New Competitive Advantage with Lynote AI appeared first on Tekedia.

Every large-scale land clearing project starts with a goal, but reaching that goal often requires overcoming dense vegetation, uneven terrain, hidden obstacles, and demanding timelines. Whether the project involves construction, utility expansion, forestry operations, or site development, productivity often depends on how efficiently the land can be prepared for the next phase of work. Modern […] The post 7 Ways Equipment Helps Improve Large-Scale Land Clearing Projects appeared first on Tekedia.

MTN plans to expand into lending across key African markets, including Nigeria, as Africa’s biggest telco seeks regulatory approvals that would allow its fintech arm to offer a broader suite of financial services.

Three new studies show that Zipline’s autonomous logistics network is delivering measurable results across Africa, far beyond the public health use case that it’s best known for. The findings document a 22% reduction in child fatalities from severe acute malnutrition, a 68% direct return on investment for smallholder pig farmers, and $850 to $1,200 in additional annual […] The post Visible From Space: New Research on Zipline’s Impact in Africa Beyond Healthcare appeared first on Tech In Africa.

African tech and startup ecosystem recorded a notable rebound in investment activity, with **37 companies on the continent announcing deals that collectively raised around $135 million in funding from a mix of equity, debt instruments, and grants. This marks an increase compared with April’s $110 million total and a significant uptick in deal count from March, when […] The post African Startups Raise $135 Million in May 2026 as Equity and Debt Funding Balance Out appeared first on Tech In Africa.

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Nigerian insurtech startup Myka announced it has raised a pre‑seed funding round from a group of investors including Ventures Platform, TLcom, and notable industry founders such as Shola Akinlade of Paystack, Ridwan Olalere of LemFi, and Olumide Soyombo of Voltron Capital. The financial details of the round remain undisclosed. Founded in 2025 by serial entrepreneur […] The post Myka Secures Pre‑Seed Funding to Expand Insurance Access in Nigeria appeared first on Tech In Africa.

The move underscores a growing shift towards tokenisation in Nigeria's digital asset sector. Several crypto platforms, including Luno Nigeria, the subsidiary of the UK-based exchange, and Blockchain.com, introduced tokenised stocks in 2025 as they race to bring traditional financial assets onto blockchain networks.

The Trump administration has acknowledged that U.S. agencies moved to restrict the use of Anthropic’s artificial intelligence products after the company resisted Pentagon demands over military applications of its Claude chatbot but denied allegations of retaliation against the company. In a court filing submitted on Monday, the U.S. Department of Justice denied allegations that the […] The post DOJ Denies Allegations Of Retaliation Against Anthropic As Lawsuit Tests Limits Of Government Power Over AI appeared first on Tekedia.

The United States is escalating efforts to curb China’s access to advanced technology, with lawmakers seeking tighter restrictions on semiconductor manufacturing while the Pentagon broadens its list of Chinese companies deemed connected to Beijing’s military apparatus. The twin developments highlight how national security concerns continue to shape Washington’s technology and trade policies toward China, even […] The post US Senate Pushes for Tighter Chip Controls as Pentagon Includes Alibaba, Baidu, and BYD in Military-Linked Company List appeared first on Tekedia.

As SpaceX prepares for what could become the largest initial public offering in history, CEO Elon Musk is asking investors to look beyond rockets, satellites, and internet connectivity and consider a far more ambitious vision: moving artificial intelligence infrastructure into space. Speaking in a company-released video discussion on Monday, Musk sought to reassure investors that […] The post Musk Floats Orbital AI Data Centers as SpaceX Woos Investors Ahead of Historic IPO appeared first on Tekedia.

Algeria inaugurated its first dedicated national hub for virtual learning systems and artificial intelligence at the Scientific and Technological Hub “Abdelhafid Ihaddaden” in Sidi Abdellah, near Algiers. The launch, led by the Ministry of Higher Education and Scientific Research, marks a major milestone in Algeria’s effort to modernize its education system and strengthen its digital […] The post Algeria Opens Its First National AI and Virtual Learning Centre, Eyes 20,000 Startups by 2029 appeared first on Tech In Africa.

Africa’s AI boom has a supply problem. Developers and small agencies across the continent want to build and deploy artificial intelligence tools, but they routinely run into the same wall: high cloud costs, unreliable GPU access, latency issues connecting to overseas servers, and infrastructure complexity that demands in-house cloud engineering talent most startups simply do […] The post Yamify Secures Fresh Funding to Build Africa’s AI Infrastructure From the Ground Up appeared first on Tech In Africa.