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Technology
33 banks raise ₦3.37 trillion from Nigerians as CBN ends recapitalisation  
Nigeria’s banking sector has wrapped up one of its biggest capital-raising exercises in recent history, with lenders pulling in a combined ₦4.65 trillion to meet new regulatory thresholds set by the Central Bank of Nigeria.
TechCabal -
Fraud Emerges As a Leading Complaint Among Digital Financial Service Users Worldwide
Fraud has emerged as one of the most widespread consumer complaints facing digital financial service providers globally, according to GSMA “The State of the Industry Report on Mobile Money 2026”. With fraud-related losses estimated at nearly $500 billion worldwide, the scale of the challenge is immense. In Sub-Saharan Africa, the situation is particularly concerning, as […] The post Fraud Emerges As a Leading Complaint Among Digital Financial Service Users Worldwide appeared first on Tekedia.
Tekedia -
Women Increasingly Left Behind as Mobile Money Adoption Accelerates Globally- GSMA Report
Mobile money adoption continues to accelerate globally, with registered accounts surpassing 2.3 billion in 2025. Yet, beneath this impressive growth lies a widening gender gap that threatens to undermine the broader promise of financial inclusion. According to analysis by GSMA “The State of the Industry Report on Mobile Money 2026″, women in low- and middle-income […] The post Women Increasingly Left Behind as Mobile Money Adoption Accelerates Globally- GSMA Report appeared first on Tekedia.
Tekedia -
April Oil Shock Set to Deepen as IEA Warns of Historic Supply Crisis
The global energy crisis triggered by the Iran war is poised to worsen sharply in April, with the International Energy Agency warning that the supply shortfall next month could be twice as severe as in March. The energy crisis has raised the risk of fresh inflation shocks, slower economic growth, and possible fuel rationing across […] The post April Oil Shock Set to Deepen as IEA Warns of Historic Supply Crisis appeared first on Tekedia.
Tekedia -
Novastar Ventures Secures $147M to Back Sustainable African Tech Ventures
Novastar Ventures, one of Africa’s pioneering venture capital firms, has announced the final close of its third fund, the Novastar Ventures Africa People and Planet Fund III (NVIII) at $147 million. The new fund represents a 40% increase from its predecessor, Novastar Ventures Africa Fund II, which closed at $108 million in 2020. While it […] The post Novastar Ventures Secures $147M to Back Sustainable African Tech Ventures appeared first on Tekedia.
Tekedia -
Afreximbank Secures Record $2bn Syndicated Loan, Affirming Investor Confidence Amid Global Headwinds
The African Export-Import Bank has closed its biggest syndicated borrowing ever, securing $2 billion in a three-year dual-currency facility that drew oversubscribed demand from 31 international lenders even as the Iran war roils energy markets and clouds Africa’s growth outlook. The deal, signed March 9 and announced Monday, was originally shopped at roughly $1.5 billion […] The post Afreximbank Secures Record $2bn Syndicated Loan, Affirming Investor Confidence Amid Global Headwinds appeared first on Tekedia.
Tekedia -
BitMine Immersion Bought Over 70k ETH in a Week Bringing its Holdings to 3.92% of Ether Supply 
BitMine Immersion Technologies (BMNR), the public company chaired by Fundstrat’s Tom Lee, has been aggressively accumulating Ethereum as part of its Alchemy of 5% strategy—aiming to hold 5% of the total ETH supply roughly 6.035 million ETH based on ~120.7 million circulating supply. Recent reports confirm ongoing large weekly purchases. For example: As of late […] The post BitMine Immersion Bought Over 70k ETH in a Week Bringing its Holdings to 3.92% of Ether Supply  appeared first on Tekedia.
Tekedia -
Paymentology and Bank Zero Partner to Expand Access to South Africa’s Financial Ecosystem
Paymentology, the leading global issuer-processor, today announced a new partnership with Bank Zero to accelerate access to modern digital banking in South Africa. As Bank Zero’s first alliance partner, Paymentology supports the bank’s vision of enabling organisations to participate more easily in financial services through its scalable, secure infrastructure. Bank Zero, a branchless, app-driven bank built from […] The post Paymentology and Bank Zero Partner to Expand Access to South Africa’s Financial Ecosystem appeared first on Tech In Africa.
Tech In Africa -
South Korea Unleashes Emergency Oil Swap and $17bn Relief Budget, Contrasting Nigeria’s Approach to Global Oil Shock
South Korea has moved decisively to insulate its economy from the worsening global oil shock, unveiling an emergency crude swap mechanism for refiners alongside a 26.2 trillion won ($17.1 billion) supplementary budget to cushion households and businesses from surging fuel costs triggered by the Middle East conflict. The swift intervention throws into the picture the […] The post South Korea Unleashes Emergency Oil Swap and $17bn Relief Budget, Contrasting Nigeria’s Approach to Global Oil Shock appeared first on Tekedia.
Tekedia -
Morgan Stanley Files for New Spot Bitcoin ETF with Proposed Annual Fee of 0.14%
Morgan Stanley has filed for a new spot Bitcoin ETF (ticker: MSBT) with a proposed annual fee of just 0.14%, which would make it the lowest-cost option in the U.S. market if approved and launched. The filing an amended S-1 with the SEC positions the Morgan Stanley Bitcoin Trust as cheaper than current leaders. It […] The post Morgan Stanley Files for New Spot Bitcoin ETF with Proposed Annual Fee of 0.14% appeared first on Tekedia.
Tekedia -
US Department of Labor Proposes Rule for Easier 401(k) Plans to Include Alternative Assets 
The U.S. Department of Labor (DOL) officially proposed a rule that would make it significantly easier for 401(k) plans to include alternative assets—such as cryptocurrencies, private equity, real estate, private credit, infrastructure, commodities, and related vehicles—in their investment menus. The proposed regulation, titled Fiduciary Duties in Selecting Designated Investment Alternatives, focuses on process-based safe harbors […] The post US Department of Labor Proposes Rule for Easier 401(k) Plans to Include Alternative Assets  appeared first on Tekedia.
Tekedia -
Tether Names KPMG as First Audit Firm Since 12 Years of Operation 
Tether, the issuer of the world’s largest stablecoin USDT with a market cap exceeding $184–185 billion, has taken a significant step toward greater transparency by engaging KPMG—one of the Big Four accounting firms—for its first-ever full independent financial statement audit. Tether announced it had selected a Big Four firm through a competitive process for a […] The post Tether Names KPMG as First Audit Firm Since 12 Years of Operation  appeared first on Tekedia.
Tekedia -
 
 
Bitcoin Trading Within An Ascending Channel Since February
Bitcoin (BTC) has been trading within an ascending channel since early February 2026, following a sharp correction from highs near $98,000 down to around $60,000. This pattern—defined by higher lows and higher highs—initially suggested a recovery phase with bullish structure. However, recent price action has triggered multiple warning signs of a potential breakdown. BTC has […] The post Bitcoin Trading Within An Ascending Channel Since February appeared first on Tekedia.
Tekedia -
Trump’s Iran Exit Timeline Leaves Markets in Uncertainty as White House Sends Mixed Signals
President Donald Trump’s latest declaration that U.S. forces could leave Iran within “two or three weeks” has added a new layer of uncertainty to an already volatile geopolitical and market environment, with investors now forced to price not peace, but ambiguity. Speaking at the White House on Tuesday, Trump said: “We leave because there’s no […] The post Trump’s Iran Exit Timeline Leaves Markets in Uncertainty as White House Sends Mixed Signals appeared first on Tekedia.
Tekedia -
Emirates Hills vs Dubai Hills Estate: Which Luxury Community Wins in 2026?
Dubai in 2026 offers some of the most refined residential experiences anywhere in the world, yet one question continues to surface among serious buyers. Emirates Hills vs Dubai Hills Estate is more than a simple comparison, it is a choice between legacy prestige and modern lifestyle design. Having spent time in both communities and spoken […] The post Emirates Hills vs Dubai Hills Estate: Which Luxury Community Wins in 2026? appeared first on Tekedia.
Tekedia -
The Appeal of Playing High-Stakes PLO on Online Poker Sites
Pot Limit Omaha (PLO) has developed a reputation as one of the most exciting types of poker that can be played online. The four hole cards, as opposed to the two that are used in most other variants, create a game with many possible hand combinations, leading to bigger draws and larger pots. This is […] The post The Appeal of Playing High-Stakes PLO on Online Poker Sites appeared first on Tekedia.
Tekedia -
Key Features to Consider When Choosing System SFC Solutions
Choosing the right SFC solutions will help drive operational success. These systems help in directing production processes, ensuring more efficient workflow and improved output quality. While there are plenty of choices, narrowing down to essential features is the key to reaching an operational target. By taking the time to assess the situation across various factors, […] The post Key Features to Consider When Choosing System SFC Solutions appeared first on Tekedia.
Tekedia -
TechCabal: Four-point-oh
Over the last few years, the African tech ecosystem has been moving at a pace that feels almost contradictory: consolidation at the centre and new ideas flickering relentlessly at the edges. Capital tightened, regulation grew heavier. Scale began pooling around fewer, stronger players. Meanwhile, out past the headlines, new ideas continued to form — quieter now, less theatrical, yet persistent.
TechCabal -
Ghana’s National ID cards can now make payments
Along with identification and passport services, the Ghana Card can now be used for online and instore payments, ATMSs, international payments, and insurance services.
TechCabal -
Over 80% of Osun Governorship Candidates Have No Campaign Website
As preparations intensify for the 2026 Osun State governorship election, a review of the digital campaign infrastructure of candidates shows that most of them do not maintain dedicated campaign websites where voters can access detailed information about their agendas. An assessment of the online presence of the governorship candidates indicates that only one candidate currently […] The post Over 80% of Osun Governorship Candidates Have No Campaign Website appeared first on Tekedia.
Tekedia -
Only in America – $122 Billion to A Private Company Making $25 billion Yearly
The latest news on OpenAI reads: “…we closed our latest funding round with $122 billion in committed capital at a post-money valuation of $852 billion.” OpenAI has announced the close of its latest funding round, securing an unprecedented $122 billion in committed capital at a post-money valuation of $852 billion. The milestone positions the company at […] The post Only in America – $122 Billion to A Private Company Making $25 billion Yearly appeared first on Tekedia.
Tekedia -
OpenAI Hits $852 Billion Valuation in Historic $122 Billion Raise, to Accelerate The Next Phase of AI
OpenAI has announced the close of its latest funding round, securing an unprecedented $122 billion in committed capital at a post-money valuation of $852 billion. The milestone positions the company at the center of global artificial intelligence infrastructure, as it continues to expand its influence across consumer, enterprise, and developer ecosystems. Anouncing the historic raise, […] The post OpenAI Hits $852 Billion Valuation in Historic $122 Billion Raise, to Accelerate The Next Phase of AI appeared first on Tekedia.
Tekedia -
Strategy Pauses Weekly Bitcoin Purchases After 13-Week Conservative Buying Streak 
Strategy formerly MicroStrategy, ticker: MSTR, the largest corporate Bitcoin holder, paused its weekly Bitcoin purchases for the week ending March 29, 2026. This marked the end of a 13-week consecutive buying streak that began in late December 2025, during which the company accumulated roughly 90,831 BTC. According to its SEC Form 8-K filing released on […] The post Strategy Pauses Weekly Bitcoin Purchases After 13-Week Conservative Buying Streak  appeared first on Tekedia.
Tekedia -
China Emerges as Safe Haven as Middle East Conflict Rattles Global Equities
Chinese equities are increasingly being viewed as a relative safe haven as a month-long conflict in the Middle East continues to unsettle global markets, disrupt energy flows, and amplify fears of slower growth and rising inflation. The closure of the Strait of Hormuz, a critical artery for roughly a fifth of global oil and gas […] The post China Emerges as Safe Haven as Middle East Conflict Rattles Global Equities appeared first on Tekedia.
Tekedia -
 
 
Iran’s Parliament Speaker Publicly Advised Traders How to Respond to Trump’s Market-moving Posts
Iran’s Parliament Speaker Mohammad Bagher Ghalibaf publicly advised traders on how to respond to President Donald Trump’s market-moving social media posts. Robert Armstrong describe a perceived pattern in Donald Trump’s policy style, especially during tariff negotiations. Trump makes bold threats, markets sell off in panic, then he delays, pauses, or walks back the threats, allowing […] The post Iran’s Parliament Speaker Publicly Advised Traders How to Respond to Trump’s Market-moving Posts appeared first on Tekedia.
Tekedia -
Cassandra Collins on why taking the “wrong“ jobs is the only way to find your career
Cassandra Collins took a pay cut to enter the tech ecosystem. It was 2020, just after the COVID-19 lockdown, and she had a choice: stay on as content director for a popular influencer at ₦150,000/month, or take a customer support job at a crypto startup called Busha for ₦80,000/month. She took the 80k job. Six […]
TechCabal -
Euro Zone Inflation Spikes to 2.5% in March as Iran War Energy Shock Derails Disinflation
Euro zone inflation surged to 2.5% in March, the highest reading in more than a year, as the energy fallout from the month-old U.S.-Israeli campaign against Iran abruptly reversed two years of steady disinflation and pushed the headline rate well clear of the European Central Bank’s 2% target. Preliminary figures from Eurostat on Tuesday showed […] The post Euro Zone Inflation Spikes to 2.5% in March as Iran War Energy Shock Derails Disinflation appeared first on Tekedia.
Tekedia -
What Is a Barbell Strategy for Angel Investors?
More than 360,000 angel investors operate in the US alone, and they’re looking for fresh opportunities every day across the startup ecosystem. While the allure of the next unicorn drives the initial check, the reality of venture capital is a game of extreme attrition where most seed-stage bets eventually go to zero. Experienced investors in […] The post What Is a Barbell Strategy for Angel Investors? appeared first on Tekedia.
Tekedia -
5 Safe Ways to Diversify Your Portfolio
Everywhere you look online, you’ll find someone writing a guide designed to tell you that a specific market or asset class is the best way to diversify, so we’re going to do something different. Rather than trying to sell you on one particular option, we’re going to focus on safe, actionable steps that you can […] The post 5 Safe Ways to Diversify Your Portfolio appeared first on Tekedia.
Tekedia -
Eric Balchunas Compares Bitcoin’s Current Adoption Stage with Facebook Growth History 
Bloomberg ETF analyst Eric Balchunas recently drew a parallel between Bitcoin’s current adoption stage and a key growth phase in Facebook’s history. In a post on X formerly Twitter, Balchunas noted: Bitcoin right now feels like when your parents joined Facebook. On one hand, it’s not as ‘cool’ anymore because of the Boomers, but on […] The post Eric Balchunas Compares Bitcoin’s Current Adoption Stage with Facebook Growth History  appeared first on Tekedia.
Tekedia -
Red Hat and Google Cloud Expand Collaboration
Red Hat announced an expanded collaboration with Google Cloud to help organizations accelerate application modernization and cloud migrations. This expansion introduces Red Hat OpenShift in the Google Cloud console and deeper integrations with Google Cloud services and marks the general availability of Red Hat OpenShift Virtualisation on Red Hat OpenShift Dedicated on Google Cloud. Mike […]
IT News Africa -
Apple’s AI Misstep in China Risks Regulatory Backlash as Premature Rollout Exposes Compliance Fault Line
Apple Inc. may have handed Chinese regulators an avoidable flashpoint after its long-delayed Apple Intelligence suite was briefly and accidentally made available to users in mainland China before being swiftly withdrawn, in what legal experts say could expose the iPhone maker to scrutiny and possible administrative penalties. The short-lived rollout in the early hours of […] The post Apple’s AI Misstep in China Risks Regulatory Backlash as Premature Rollout Exposes Compliance Fault Line appeared first on Tekedia.
Tekedia -
Kaspersky Warns of a New Phishing Technique
Traditional phishing attacks often rely on malicious links or obvious redirection techniques, which are typically flagged and blocked by modern security systems. However, attackers are now leveraging Bubble’s no-code environment to generate intermediary web applications, which are hosted on Bubble’s legitimate infrastructure and trusted domains such as *.bubble.io, thereby improving their credibility and helping them […]
IT News Africa -
CBN begins virtual asset anti-money laundering supervision, names Paystack, Flutterwave for pilot
The Central Bank of Nigeria (CBN) is tightening its grip on virtual asset activity by commencing an Anti-Money Laundering, Counter-Financing of Terrorism, and Counter-Proliferation Financing (AML/CFT/CPF) supervision pilot, involving a select group of Virtual Asset Service Providers (VASPs).
TechCabal -
CBN gives banks 21 days to grade their cyber defences
The Central Bank of Nigeria (CBN) is tightening the screws on cybersecurity, and this time, it wants the industry to grade itself first.
TechCabal -
Lenovo Announces Global Partnership
Lenovo announced a global partnership with David Beckham, bringing together one of the world’s most recognized cultural figures and one of the world’s leading technology companies. The collaboration builds on Lenovo’s expanding role in global football, including its position as the Official Technology Partner of the FIFA World Cup 2026™ and the FIFA Women’s World Cup 2027™.  This first-of-its-kind Lenovo partnership will see David Beckham […]
IT News Africa -