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Technology
Firstbank Says Nigeria’s Economy Needs to Move Beyond Stabilization to Improved Living Standards
Nigeria has entered a new phase of its economic reform journey where the challenge is no longer restoring macroeconomic stability but converting recent policy gains into stronger private-sector investment, higher productivity and tangible improvements in living standards, according to FirstBank of Nigeria Limited. In its “Reading the Signals | The Next Half” Mid-Year Economic & […] The post Firstbank Says Nigeria’s Economy Needs to Move Beyond Stabilization to Improved Living Standards appeared first on Tekedia.
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Aradel Holdings’ H1 Pre-Tax Profit Jumps 293% to N752.7bn As Oil Production Surge Drives Revenue Above N2.4tn
Aradel Holdings Plc posted a pre-tax profit of N752.71 billion for the six months ended June 30, 2026, representing a 293% year-on-year increase from N191.31 billion recorded in the corresponding period of 2025, as higher crude oil production and expanded operations lifted revenue to a record level. The result, contained in the company’s unaudited financial […] The post Aradel Holdings’ H1 Pre-Tax Profit Jumps 293% to N752.7bn As Oil Production Surge Drives Revenue Above N2.4tn appeared first on Tekedia.
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YouTuber Hank Green Apologizes for AI Use, Says Reliance on ChatGPT Left Him ‘Disconnected’ From His Audience
Popular author, science communicator, and YouTuber Hank Green has apologized to his audience after acknowledging his growing reliance on artificial intelligence tools during the production of his videos, saying the experience made him realize he had become disconnected from both his creative process and his viewers. Green, whose educational content has attracted millions of subscribers […] The post YouTuber Hank Green Apologizes for AI Use, Says Reliance on ChatGPT Left Him ‘Disconnected’ From His Audience appeared first on Tekedia.
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The $60 million startup tackling Africa’s travel payments problem 
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Why Rwanda’s development bank is backing a $6 million venture debt fund
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Airtel targets Kenya’s small businesses as mobile money war shifts to merchants
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Dimension Data Limited raises US$2.9 million
Following the successful subscription of its Series 1 corporate bond, Dimension Data Limited (https://DimensionData.com.ng) has completed the signing ceremony for the issuance of N4.05 billion (approximately US$2.9 million), marking the first tranche of its N20 billion (US$14.7 million) bond programme. The proceeds will support the expansion of the company’s fibre infrastructure to meet Nigeria’s growing […]
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South Africa’s economy depends on what lies beneath the ocean
Every online payment, cloud backup, video call and AI query feels instantaneous. None of it is weightless. Each depends on a physical system of fibre networks, internet exchanges, data centres and landing stations — and almost all of it, at some point on its journey, on a cable lying on the seabed. The International Telecommunication […]
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From targeted advertising to targeted attacks: How advertising data is weaponised by cyberthreat actors
At its annual Cyber Security Weekend for the Middle East, Turkiye and Africa (META) region, Kaspersky talked about the risks that advertising data can pose. While the digital advertising ecosystem has become an essential part of today’s Internet, enabling businesses to reach the right audiences with relevant content, every day, billions of advertising requests are processed behind […]
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How Airtel Africa plans to cross $7 billion in annual revenue
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NjiaPay launches one-click payments to reduce cart abandonment
ayment performance partner NjiaPay has launched one-click payments for South African merchants. This gives consumers a fast and convenient way to pay without re-entering card details or taking additional payment steps like 3-D Secure verification. Unlike one-click solutions tied to a particular payment service provider, NjiaPay, enables merchants to offer the same experience across multiple […]
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The Next Wave: “Coping ugly”
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👨🏿‍🚀TechCabal Daily – Kenya’s piracy hunt
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Trump Media Launches Premium Truth API, Offering Real-Time Access to Trump’s Posts Amid Regulatory Scrutiny
Trump Media & Technology Group has launched a paid data service that provides institutional clients with faster, licensed access to posts published on Truth Social, marking the company’s latest effort to diversify revenue beyond advertising. The launch has drawn renewed scrutiny over the commercial use of U.S. President Donald Trump’s social media activity. The new […] The post Trump Media Launches Premium Truth API, Offering Real-Time Access to Trump’s Posts Amid Regulatory Scrutiny appeared first on Tekedia.
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Audi Prioritizes 2027 Formula One Power Unit Over Short-Term Gains
Audi has confirmed that it will not introduce any further upgrades to its Formula One power unit for the remainder of the current season, choosing instead to redirect its engineering resources toward the all-new package planned for the 2027 campaign. The decision reflects a calculated balance between financial discipline and long-term competitiveness, highlighting the growing […] The post Audi Prioritizes 2027 Formula One Power Unit Over Short-Term Gains appeared first on Tekedia.
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U.S. Joins Japan In Rare Yen-Buying Intervention As Washington Moves To Curb Currency’s Slide To Four-Decade Low
The United States has reportedly intervened directly in the foreign exchange market to support the Japanese yen for the first time in more than a decade, marking a significant escalation in efforts by Washington and Tokyo to halt the currency’s sharp depreciation and restore stability to global financial markets. According to a report by the […] The post U.S. Joins Japan In Rare Yen-Buying Intervention As Washington Moves To Curb Currency’s Slide To Four-Decade Low appeared first on Tekedia.
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Trump’s Chinese Robot Ban Divides Silicon Valley as Morningstar Calls Nvidia an Undervalued AI Stock
The debate over artificial intelligence has expanded beyond software and semiconductors into robotics, placing the United States at a strategic crossroads. The Trump administration’s push to restrict or ban Chinese-made robots from sensitive sectors has sparked a fierce debate across Silicon Valley, exposing a growing divide between those who prioritize national security and those who […] The post Trump’s Chinese Robot Ban Divides Silicon Valley as Morningstar Calls Nvidia an Undervalued AI Stock appeared first on Tekedia.
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Market Leverage, AI Volatility, and the Institutions Behind the Capital Flow
July delivered a powerful reminder that financial markets often move on liquidity and leverage rather than long-term fundamentals. Some of the world’s largest semiconductor companies, viewed as the backbone of the artificial intelligence revolution, suffered declines approaching 28% from their June highs. Several major international exchanges experienced volatility so intense that daily trading limits were […] The post Market Leverage, AI Volatility, and the Institutions Behind the Capital Flow appeared first on Tekedia.
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Berkshire Hathaway Climbs to Eight-Month High As Improving Sentiment, Portfolio Gains Fuel Rally
Shares of Berkshire Hathaway climbed to an eight-month high this week, extending a steady recovery that has narrowed the conglomerate’s performance gap with the broader U.S. stock market as investors grow increasingly optimistic about its diversified earnings base and capital allocation strategy. The company’s Class B shares closed Tuesday at $512.37, their highest level since […] The post Berkshire Hathaway Climbs to Eight-Month High As Improving Sentiment, Portfolio Gains Fuel Rally appeared first on Tekedia.
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Infantino’s Authority Shaken As FIFA Abandons World Cup Stake Sale After Unprecedented Global Revolt
FIFA President Gianni Infantino has suffered the most significant political setback of his decade-long leadership after abandoning a controversial plan to sell a stake in the commercial operations of the FIFA World Cup, a dramatic reversal that has exposed deep divisions within world football and cast fresh uncertainty over his bid for another term in […] The post Infantino’s Authority Shaken As FIFA Abandons World Cup Stake Sale After Unprecedented Global Revolt appeared first on Tekedia.
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BYD’s July EV Sales Hit 2026 High as Overseas Demand Offsets Weak China Market
Chinese electric vehicle giant BYD delivered its strongest monthly sales performance of 2026 in July, with surging overseas demand helping offset continued weakness in its home market as the company gradually emerges from production disruptions that weighed on deliveries earlier this year. BYD sold 419,211 new energy vehicles (NEVs) in July, a 21.76% increase from […] The post BYD’s July EV Sales Hit 2026 High as Overseas Demand Offsets Weak China Market appeared first on Tekedia.
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AMD Raises AI Accelerator Market Forecast to $1.4 Trillion as Investors Brace for Market Swings
At the Advancing AI event, AMD Chief Executive Lisa Su presented one of the most ambitious forecasts yet for the artificial intelligence industry. She projected that the total addressable market (TAM) for AI accelerators could reach an astonishing $1.4 trillion by 2030, while the market for server CPUs would exceed $200 billion. The projections were […] The post AMD Raises AI Accelerator Market Forecast to $1.4 Trillion as Investors Brace for Market Swings appeared first on Tekedia.
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Bitcoin Falls Back Under $63,000 as $125 Million Gets Liquidated in One Hour
Bitcoin has slipped below $63,000, triggering roughly $125 million in liquidations across the crypto market in a 60-minute window. The move was captured in real time by market-tracking accounts, with price charts showing a sharp red candle that briefly pushed Bitcoin down to the mid-$62,000 range. The sudden drop reflects ongoing volatility that has kept […] The post Bitcoin Falls Back Under $63,000 as $125 Million Gets Liquidated in One Hour appeared first on Tekedia.
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Google, AI, and the New Battle for Internet Discovery
For more than two decades, Google defended its dominance with one central argument: users chose Google because it offered the best search experience. Every antitrust challenge, every criticism of its market power, and every accusation of monopolistic behavior was met with the same response—competition was only a click away. If another search engine was better, […] The post Google, AI, and the New Battle for Internet Discovery appeared first on Tekedia.
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What an Old MTN SIM Pack Reveals About New Rules of Brand Communication
When MTN recently shared a picture of one of its earliest Nigerian starter packs on Facebook with the simple caption, “We’ve come a long way,” it was not advertising a product. It was reminding millions of Nigerians about a shared past. The yellow package, once an ordinary container for a SIM card, suddenly became something […] The post What an Old MTN SIM Pack Reveals About New Rules of Brand Communication appeared first on Tekedia.
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Nvidia and Tesla Sell-Off Tests the AI Trade as Blockchain Fundamentals Remain a Long-Term Institutional Catalyst
The artificial intelligence investment narrative is facing one of its toughest stress tests in recent months. Nvidia (NVDA), widely regarded as the backbone of the AI revolution, fell 10.4%. While Tesla (TSLA) declined an even steeper 16.4%. The sharp losses have reignited concerns that the technology sector’s extraordinary rally may be entering a period of […] The post Nvidia and Tesla Sell-Off Tests the AI Trade as Blockchain Fundamentals Remain a Long-Term Institutional Catalyst appeared first on Tekedia.
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Weekly Market Recap: US-Iran Conflict, Bitcoin Decline, Oil Rally, and Equity Sell-Off
The market landscape underwent a sharp reversal over the past week as geopolitical tensions and macroeconomic uncertainty combined to trigger a broad risk-off move across global financial markets. After several weeks of relative stability, investor sentiment deteriorated rapidly following a dramatic escalation in the conflict between the United States and Iran. A surprise missile attack […] The post Weekly Market Recap: US-Iran Conflict, Bitcoin Decline, Oil Rally, and Equity Sell-Off appeared first on Tekedia.
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Border Wars, Broken Beats: How Africa’s Diplomatic Failures are Crushing the Creative Economy
The highly anticipated headline performance by South African superstar Tyla in Lagos has been abruptly wiped from her world tour itinerary. This came on the heels of intense social media backlash and threats of physical boycotts from Nigerian fans. The controversy erupted right as a quiet diplomatic row leaked to the public: West African phenom […] The post Border Wars, Broken Beats: How Africa’s Diplomatic Failures are Crushing the Creative Economy appeared first on Tekedia.
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Why the Senate’s Crypto Bill Delay Could Reshape the U.S. Digital Asset Industry
The momentum behind comprehensive U.S. cryptocurrency regulation has suffered another setback after Senate Majority Leader John Thune declined to schedule a floor vote on a major crypto bill, leaving the legislation stalled until at least September. The delay has fueled concerns across the digital asset industry that the window for passing meaningful legislation in 2026 […] The post Why the Senate’s Crypto Bill Delay Could Reshape the U.S. Digital Asset Industry appeared first on Tekedia.
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From What AI Can Do to How AI Should Be Governed
For much of the past decade, the global conversation about artificial intelligence has been driven by one central question: What can AI do? The answers have been impressive. AI can generate content, analyse vast datasets, detect fraud, assist doctors, automate customer service, screen job applications, accelerate legal research, and even support scientific discovery. Every week […] The post From What AI Can Do to How AI Should Be Governed appeared first on Tekedia.
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Japan Positions Itself as a Global Crypto Hub with Sweeping Regulatory Changes
Japan’s decision to reclassify cryptocurrencies as regulated financial products marks one of the most significant policy shifts in the global digital asset industry. The move signals that the country is transitioning from treating cryptocurrencies as largely speculative assets to recognizing them as legitimate financial instruments subject to the same regulatory standards that govern traditional securities. […] The post Japan Positions Itself as a Global Crypto Hub with Sweeping Regulatory Changes appeared first on Tekedia.
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Top Crypto Gainers Exposed: Can BlockDAG Outshine Ethereum, BNB, and Solana in Today’s Massive Market Shakeup?
Digital asset markets continue to evolve rapidly, driving investor focus toward established networks and emerging infrastructure projects alike. Traditional market heavyweights like Ethereum, BNB, and Solana maintain foundational roles across decentralized finance, exchange ecosystems, and high-frequency trading applications. Meanwhile, major operational milestones, scalable network upgrades, and rapidly expanding ecosystem activities place BlockDAG under serious consideration […] The post Top Crypto Gainers Exposed: Can BlockDAG Outshine Ethereum, BNB, and Solana in Today’s Massive Market Shakeup? appeared first on Tekedia.
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Ethereum ETFs Overtake Bitcoin ETFs in July Inflows as Institutional Investors Rotate Capital
The latest U.S. spot crypto ETF flows suggest that investors are not abandoning digital assets but are instead reshuffling capital within the market. While Bitcoin remains the largest and most established cryptocurrency. July marked a notable shift in institutional preferences as U.S. spot Ether exchange-traded funds (ETFs) attracted $337.7 million in net inflows, comfortably surpassing […] The post Ethereum ETFs Overtake Bitcoin ETFs in July Inflows as Institutional Investors Rotate Capital appeared first on Tekedia.
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How Timing and Conviction Shaped Diverging Crypto Fortunes
The cryptocurrency market has always rewarded conviction, but it also punishes poor timing. Two whale wallets highlighted by on-chain analytics platform Lookonchain demonstrate how vastly different investment outcomes can emerge even among investors with the patience and capital to weather market volatility. While one whale turned strategic accumulation into millions in unrealized gains, another endured […] The post How Timing and Conviction Shaped Diverging Crypto Fortunes appeared first on Tekedia.
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BoJ Holds Interest Rates at 1% as Japan’s Yen Intervention Loses Momentum
The Bank of Japan has opted to keep its benchmark interest rate unchanged at 1%, signaling a cautious approach as policymakers continue to navigate a complex economic environment. The decision comes amid slowing inflationary pressures, lingering global uncertainties, and renewed weakness in the Japanese yen. Although Japanese authorities have previously intervened in currency markets to […] The post BoJ Holds Interest Rates at 1% as Japan’s Yen Intervention Loses Momentum appeared first on Tekedia.
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Stablecoin Payments Enter a New Era as Financial Giants Compete for Customer Ownership
Stablecoins have evolved from a niche cryptocurrency innovation into one of the fastest-growing payment technologies in global finance. With daily transaction volumes now reaching approximately $195.6 billion. These digital assets are reshaping how money moves across borders, between businesses, and within consumer payment ecosystems. Their rapid adoption has sparked intense competition among payment networks, fintech […] The post Stablecoin Payments Enter a New Era as Financial Giants Compete for Customer Ownership appeared first on Tekedia.
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