Nairobi-based fintech startup Flowt has completed the first close of its pre-seed funding round as it looks to expand access to working capital for climate-focused small businesses across Africa. The company secured backing from Delta40 Fund I and Impacc, alongside grant support from the Argidius Foundation. The amount raised has not been publicly disclosed. Flowt […] The post Kenya’s Flowt Secures Pre-Seed Backing to Expand Financing for Climate-Smart Business appeared first on Tech In Africa.

Purpose-driven entrepreneurship comes with a unique set of pressures. Founders in this space aren’t just trying to build a profitable business, they’re also trying to prove that profit and purpose can coexist. That balancing act creates challenges most traditional startups never have to deal with, and plenty of well-meaning founders struggle to get it right. […] The post Overcoming the Challenges of Purpose-Driven Entrepreneurship appeared first on Tekedia.

Michael Saylor has urged investors and the broader financial world to take a closer look at Bitcoin, describing the cryptocurrency as “digital capital” and arguing that it represents a new form of capital for the digital age. In a post on X, he wrote, “Bitcoin is Digital Capital. Study it”, quoting Strategy’s Bitcoin Investor Guide, […] The post “Study Bitcoin, it is Digital Capital” — Michael Saylor appeared first on Tekedia.

SK Hynix said on Thursday it plans to begin volume production of its next-generation HBM4E memory chips at its Indiana facility in the third quarter of 2029, as the South Korean chipmaker prepares for what its chief executive expects to be a prolonged shortage of advanced memory driven by the expansion of artificial intelligence. Chief […] The post SK Hynix Bets On Prolonged AI Chip Boom With $4 Billion U.S. HBM Expansion appeared first on Tekedia.

Navigating the world of digital assets often brings unique financial responsibilities. Trading, selling, or using digital tokens can trigger reporting obligations with tax authorities. Many people feel intimidated by complex calculations, but managing these requirements is manageable with the right approach. Understanding how your transactions are treated helps avoid unexpected bills. Simple tracking habits can […] The post Beginner’s Guide to Reporting Crypto Taxes Easily appeared first on Tekedia.

Poland has asked the European Commission to impose a €250 million ($291 million) fine on Meta, escalating pressure on the Facebook and Instagram owner over what Warsaw says is a persistent failure to remove fraudulent advertisements targeting users. This is coming days after Meta Platforms agreed to pay as much as $16.68 billion and introduce […] The post Poland Seeks €250m Penalty Against Meta Over Alleged Failure to Remove Scam Advertisements appeared first on Tekedia.

Oil prices fell more than $1 on Thursday, extending a multi-day decline as expectations of renewed diplomacy between Iran and Qatar raised hopes that the Strait of Hormuz could reopen more fully and ease disruptions to global energy supplies. Brent crude futures fell $1.36, or 1.55%, to $86.48 a barrel by 0800 GMT, putting the […] The post Oil Falls as Hormuz Talks Lift Supply Hopes; Dollar Gains, Treasury Yields Ease Ahead of Warsh appeared first on Tekedia.

Bank of Japan Deputy Governor Ryozo Himino has strengthened expectations for an interest rate increase in September, warning that policymakers need to act in time to prevent inflation from moving persistently above the central bank’s 2% target. Himino stopped short of committing to a September hike or indicating how quickly borrowing costs could rise thereafter. […] The post BOJ’s Himino Flags Need for Timely Rate Hikes as Inflation Risks Strengthen September Move appeared first on Tekedia.

The cryptocurrency sector has suffered $3.63 billion in losses from 245 documented security incidents between January 2025 and July 2026, according to CoinGecko’s 2026 State of Crypto Security Report. The figure covers roughly 19 months and accounts for a substantial share of total historical crypto hack losses, which now exceed $14 billion since 2016. Incident […] The post Crypto Industry Loses $3.63 Billion to 245 Security Incidents in 19 Months appeared first on Tekedia.

Two months ago, OpenAI acquired one of our portfolio companies. Last month, Vercel acquired another. And today, another major American company has acquired yet another company in our portfolio (public announcement coming in 15 days). To the members of Tekedia Capital: enjoy the ride. And to the Good People here, I am having a great […] The post Tekedia Capital Portfolio Startup Acquired appeared first on Tekedia.

Nvidia has agreed to acquire Hugging Face for $12.9 billion, The Information reported on Wednesday, in a deal that would give the world’s leading AI chipmaker control of one of the most widely used platforms for developing, sharing, and deploying open-source artificial intelligence models. The report, citing a person familiar with the matter, said negotiations […] The post Nvidia Agrees To Buy Hugging Face For $12.9bn In Major Push Into Open-Source AI Ecosystem appeared first on Tekedia.

U.S. spot Bitcoin exchange-traded funds recorded $232 million in net inflows on August 26, highlighting renewed institutional appetite for the largest cryptocurrency even as Ether ETFs experienced $192 million in net outflows. The contrasting flows offer an important snapshot of investor positioning across the digital-asset market and suggest that, despite broader volatility, Bitcoin continues to […] The post Bitcoin ETFs Attract $232M While Ether ETFs See $192M Outflows appeared first on Tekedia.

OpenAI CEO Sam Altman has acknowledged that public sentiment toward artificial intelligence and the data centers powering the technology has deteriorated, as growing opposition threatens to complicate the industry’s rapid expansion across the United States. “Clearly, people hate data centers right now, at least,” Altman told Time in interviews for a cover story published Wednesday. […] The post OpenAI CEO Sam Altman Acknowledges Growing Backlash Against AI And Data Centers appeared first on Tekedia.

There is no way anyone can keep up with every market. Stocks bounce around thanks to earnings and random headlines, currencies react to whatever central banks say, while commodities shift with supply and demand. The sheer amount of action is impossible to track, much less understand in detail. This is why a lot of experienced […] The post How Traders Decide Which Markets Are Worth Watching appeared first on Tekedia.

Nvidia has delivered another financial result that reinforces its position at the center of the global artificial intelligence boom. The chipmaker reported a record $96.2 billion in second-quarter revenue, up 106% from a year earlier. While data-center revenue reached an extraordinary $89 billion. The numbers exceeded Wall Street expectations and were followed by an even […] The post Nvidia Agrees to Buy Hugging Face for $12.9B in Major AI Expansion appeared first on Tekedia.

Crypto market sentiment has staged a remarkable turnaround, with the Fear and Greed Index reaching its most bullish level in ten months as Bitcoin’s latest rally reignites optimism across the digital asset market. The index climbed to 74 on August 25 before easing to 65, signaling a sharp shift from the prolonged caution that dominated […] The post Crypto Sentiment Turns Bullish After Months of Fear appeared first on Tekedia.

The rapid development of artificial intelligence is forcing society to reconsider one of the oldest assumptions about work: that if a machine can perform a task more efficiently, the task should eventually be automated. Microsoft co-founder Bill Gates is challenging that logic with a proposal he calls “Human Reserved,” arguing that some jobs should remain […] The post Bill Gates Proposes ‘Human Reserved’ Jobs as AI Drives Automation appeared first on Tekedia.

French aerospace company Thales Alenia Space and Israel Aerospace Industries (IAI) have been selected to build Nigeria’s next communications satellites

Key points Main story Reliable telecommunications and data services are critical to Nigeria’s economic growth, productivity and social inclusion, the Special Adviser to the President on Media and Public Communication, Sunday Dare, has said. Dare made the statement on Thursday in Abuja at the National Civil Society Dialogue on Telecommunication and Data Service Provisions in […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

EBC Financial Group notes that Kenya’s new virtual asset regulations created a restriction on local access to foreign dollar-linked stablecoins before the shilling came under pressure, giving the Central Bank of Kenya a way to limit that access if demand for US dollar-linked assets rises later. EBC Financial Group (EBC) highlights that Kenya gave the […]

Samsung has unveiled the Galaxy S26 FE, the latest addition to its Galaxy S26 family, bringing upgraded artificial intelligence, camera capabilities and performance to the company’s more accessible Fan Edition range. The Galaxy S26 FE is the first device in the S26 line-up to launch with Android 17 and One UI 9, Samsung’s latest interface, […]

Microsoft has announced the appointment of Angela Nganga as the Country Lead for East Africa. A long-standing member of the Microsoft Middle East and Africa (Emerging Markets) leadership team, she brings extensive experience in government engagement, strategic business development, stakeholder management and digital transformation to the role. Nganga will advance Microsoft’s commitment to empowering people, […]

MoMo Payment Service Bank (MoMo PSB), the fintech subsidiary of MTN Nigeria licensed by the Central Bank of Nigeria to provide digital financial services, money transfers and bill payments via mobile devices, is pleased to announce the appointment of Bode Abifarin as its Managing Director and Chief Executive Officer, effective 1 September 2026. Bode joins […]

Mastercard, QNB Group have processed Syria’s first international card payment in more than 15 years, marking an important milestone in the modernization of Syria’s payments ecosystem. Following the technical reconnection of Syria’s payments ecosystem to Mastercard’s global network, QNB Syria processed the first point-of-sale (POS) transaction at an eligible approved local merchant using an internationally […]

Customs authorities are struggling to keep pace with global trade. Cross-border e-commerce is driving up daily shipment volumes, and de minimis rules (the thresholds below which low-value shipments can be exempted from duties and controls) are being continually rewritten around the world. Yet none of these changes fully keeps pace with current trade volumes. Today, […]

Slot symbols help define a game’s identity by turning its theme into recognizable visual elements. From colorful fruits and precious gems to mythical creatures and familiar characters, each symbol contributes to the look and feel of the reels. These choices can make games with similar mechanics feel noticeably different from one another. Symbols also help […] The post Slot Symbols Explained: How Visual Themes Create Distinct Game Identities appeared first on Tekedia.

OpenAI is taking a significant step toward greater control over its artificial intelligence infrastructure after claiming that its custom-designed Jalapeño chip can outperform NVIDIA’s leading processors in key tests. The development highlights an increasingly competitive AI hardware market in which major technology companies are seeking alternatives to the expensive and highly demanded graphics processing units […] The post OpenAI’s AI Chip Strategy Could Reshape the Semiconductor Industry appeared first on Tekedia.

El Salvador’s experiment with Bitcoin as a mainstream payment method is facing another test as everyday cryptocurrency spending appears to be fading, even in the country’s iconic Bitcoin Beach community. Recent reports from El Zonte, the coastal town that became synonymous with Bitcoin adoption, suggest that customers are increasingly choosing traditional payment methods such as […] The post Bitcoin Payments in El Salvador Dry Up as Consumers Return to Fiat appeared first on Tekedia.