Only 20 of Nigeria’s 33 deposit money banks have met the Central Bank of Nigeria’s (CBN) new minimum capital requirements less than a month before the March 31, 2026, deadline.

With just 2 days remaining, anticipation is building for Digital Retail Africa 2026 (#DRA2026). Hosted by IT News Africa in Cape Town in partnership with The Retail Institute of South Africa (RISA) & The E- Commerce Forum of Africa. DRA2026 promises a high-impact program focused on the technologies and strategies reshaping Africa’s retail ecosystem. DRA2026 […]

The global smartphone industry is now driven by AI built directly into your device. For Samsung Electronics, the main stage for showing this vision is the Galaxy Unpacked event series. 

Digital lenders in Nigeria may begin cautiously lowering borrowing costs after the Central Bank of Nigeria (CBN) cut the Monetary Policy Rate (MPR) to 26.5% from 27% on Tuesday, signalling a potential easing of the country’s prolonged high-interest-rate environment.

Slotegrator, a B2B solutions provider for the iGaming industry, has announced the launch of an AI-powered assistant within its Anti-fraud module—a feature the company positions as a new approach to risk analytics for iGaming operators. Unlike traditional anti-fraud tools that rely solely on static dashboards and manual analysis, the AI anti-fraud assistant transforms existing analytical […]

Rather than fighting for a slice of traditional banking rails that were never built with North Africa in mind, a handful of startups are building on top of borderless, 24/7 digital money and designing the user experience around local realities from day one.

MoneyHash announced a new partnership with Wayl, a local payment solutions provider, checkout engine, and merchant of record supporting global and regional businesses entering the Iraqi market. By working with Wayl, MoneyHash extends its reach into Iraq, enabling businesses to navigate local payment requirements through trusted, market-specific infrastructure, while supporting expansion into an e-commerce platform […]

BGD Labs (Bored Ghosts Developing), the primary development team responsible for building and maintaining key parts of the Aave protocol including Aave v3, governance infrastructure, security modules like Umbrella, and more, has announced they will cease contributions to the Aave DAO. The announcement came via their post on the Aave governance forum. Their current service […] The post A Look At Reasons BGD Labs Exited Aave DAO  appeared first on Tekedia.

U.S. spot Bitcoin (BTC) and Ethereum (ETH) ETFs are continuing extended streaks of weekly net outflows, marking a notable shift in institutional sentiment amid broader market pressures like macroeconomic uncertainty, risk-off behavior, and potential policy factors. Spot BTC ETFs have recorded five consecutive weeks of net outflows, the longest such streak since early 2025 around […] The post US Spot Bitcoin and Ethereum Prices Continue Extended Streaks of Weekly Outflows  appeared first on Tekedia.

Shiriki Pay, baked in the M-PESA app, allows a user to add up to two beneficiaries who can pay merchants using the sponsor’s wallet balance, subject to a preset monthly cap.

Spiro has closed a $50 million debt funding backed by Afreximbank, Nithio, and Africa Go Green Fund, after a $100 million raise in October 2025.

In a tender notice on Monday, the regulator has invited consultants to help review the two laws that define its powers in a bid to strengthen provisions related to digital banking, fintech regulation, consumer protection, and cybersecurity.”

Hayo, a global innovator in digital solutions, has expanded its footprint in Francophone Africa with an on-the-ground presence in Senegal. Abdoulaye DABO has been appointed as Senior Partnership and Strategy Manager to support French-speaking markets in West Africa. Abdoulaye DABO has almost a decade of telecoms experience in Africa, including roles at Airtel, LAfrica Mobile, […]

The U.S. Supreme Court’s 6-3 decision Friday, striking down President Donald Trump’s use of the International Emergency Economic Powers Act (IEEPA) to impose broad import tariffs, has significantly diminished his negotiating leverage ahead of a high-stakes summit with Chinese President Xi Jinping in April, analysts said Monday. The ruling — which declared IEEPA does not […] The post Supreme Court Ruling Weakens Trump’s Tariff Leverage Ahead of Xi Summit, Giving China Stronger Hand on Taiwan and Trade Terms appeared first on Tekedia.

Builders on the Lisk network can now use Quidax’s digital asset infrastructure to access stablecoins and local currencies.

MarkHack 5.0 to Explore Culture at the Center of AI Conversation in Nigeria As artificial intelligence rapidly reshapes how people create, communicate, and consume media, one critical question is emerging: how… TechCity

South African organisations are building more software than ever before. What many of them are not doing is securing the identities and pipelines that build it. Obsidian Systems has announced a strategic reseller and implementation partnership with BlueFlag Security, an identity-first software development lifecycle (SDLC) security company headquartered in Sunnyvale, California. Under the agreement, Obsidian […]

Samsung Galaxy A Series Africa Review, Key Features Guide 2026 This review examines Samsung’s latest Galaxy A-series phones for African markets, focusing on displays, battery life, camera AI tools, software updates, and local availability. It summarizes which A models offer the best value depending on user needs and highlights the importance of checking local pricing and warranty. TechCity

Censys, the authority for internet intelligence and insights, has appointed Meriam ElOuazzani as its first dedicated Vice President for the Middle East, Turkey, and Africa (META) region. In her new role, Meriam will lead the company’s end-to-end regional growth strategy, including revenue expansion, partnerships and ecosystem building, as well as establishing the organization’s position as […]

Bitcoin experienced a sharp dip below $65,000 during Asian trading hours on February 23, 2026 which aligns with Sunday evening to Monday morning UTC, depending on time zones amid heightened market volatility. Bitcoin fell as low as around $64,270–$64,400 from highs near $67,700 earlier, representing a drop of over 5% in a short window. It […] The post Bitcoin and Ethereum Trading in Dips Amid Market Uncertainties  appeared first on Tekedia.

In today's edition: Terra Industries creates JV with Nigeria’s DICON || Nedbank gets cleared for NCBA takeover || Walmart to open more stores in SA || LoftyInc Capital invests in WafR

X is developing a “Made with AI” label for content disclosure. The feature is in active development but not yet fully rolled out. It allows users to voluntarily tag their posts especially those with text, images, video, or other media as AI-generated or synthetically created. Independent app researcher Nima Owji spotted the in-development toggle in […] The post X Reportedly Developing a “Made with AI”  appeared first on Tekedia.

U.S. stock futures are pointing lower in premarket trading aligning with the observation of equities falling around 0.5%. This comes amid renewed uncertainty over U.S. trade policy following President Donald Trump’s announcement of a new 15% global tariff after the Supreme Court struck down his prior broader “reciprocal” tariffs late last week. Key futures levels […] The post US Stocks Futures Pointing Lower in Premarket Trading appeared first on Tekedia.

The National Association of Realtors (NAR) report shows that the Pending Home Sales Index which tracks signed contracts for existing homes, a leading indicator for future closed sales, dropped 0.8% month-over-month in January 2026 to 70.9—the lowest level since records began in 2001 and some sources note it’s the lowest in the NAR’s data series […] The post US Pending Home Sales Fall to Lowest Levels Recorded in Mid 2010 appeared first on Tekedia.

Indian equities advanced across sectors as investors recalibrated export risk after the U.S. Supreme Court struck down key Trump tariffs, though fresh policy moves from Washington kept volatility risks alive. Indian equities opened the week on a firm footing, with benchmark indices climbing in a broad-based rally after the Supreme Court of the United States […] The post Indian Markets Rally After U.S. Supreme Court Voids Trump Tariffs, Export Stocks Lead Gains appeared first on Tekedia.

Chancellor Friedrich Merz’s upcoming trip to China. Hildegard Müller, president of the VDA; Verband der Automobilindustrie, Germany’s key auto industry association, told Welt am Sonntag that Merz should clearly outline areas where China distorts competition through subsidies, overcapacities, and other practices. She emphasized that talks should aim to open markets mutually on both sides, rather […] The post Friedrich Merz’s Trip to China Focuses on Enhancing Trade Balances, as Manfred Weber Calls for Greater German Commitment to European Defence appeared first on Tekedia.

Base is Coinbase’s Ethereum Layer 2 blockchain, and it was built using the OP Stack from Optimism; the same modular framework that powers Optimism itself, among other chains. Base continues to benefit from shared upgrades, security models, and interoperability within the Superchain such as features like native interoperability, shared sequencing plans, and collective governance elements. […] The post A Foray At Base’s Transition Away from the OP Stack appeared first on Tekedia.

Legal & General’s $1 billion commitment positions it to anchor a new generation of debt-for-nature swaps at a time when U.S. political risk backing has receded, potentially reshaping a $6 billion niche market. Britain’s largest asset manager, Legal & General, has committed up to $1 billion over the next five years to become a cornerstone […] The post Legal & General Pledges $1bn to Revive Debt-for-Nature Swaps as U.S. Backing Wanes appeared first on Tekedia.

US mortgage rates have recently fallen to multi-year lows. According to the latest data from Freddie Mac’s Primary Mortgage Market Survey. The average 30-year fixed-rate mortgage dropped to 6.01%, down from 6.09% the previous week. This marks the lowest level since September 2022; over 3 years ago, when it last dipped below 6%. The 15-year […] The post Implications of US Mortgage Rates Falling to Multi-year Lows appeared first on Tekedia.

Altman drew a sharp line between what he called exaggerated per-query water claims and the very real macro-scale energy buildout AI will require, arguing the infrastructure challenge is about power generation — not gallons per prompt. At a moment when artificial intelligence is reshaping industries and straining infrastructure planning, Sam Altman is confronting one of […] The post It Takes 20 Years of Food & Water to Develop a Human: Altman Pushes Back on AI Water, Energy Consumption Claims appeared first on Tekedia.

Fxhash, the generative art platform and NFT marketplace, originally built on Tezos and now expanding to Ethereum and Base has announced a new funding round. The funding will support continued development of new creative tools and futures for digital art on Ethereum and Base. This appears to be a recent strategic round likely seed or […] The post Recent FXHASH Funding Round Will Support Development of New Development  appeared first on Tekedia.

Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss (often referred to as Gemini Space Station in some contexts, ticker: GEMI), has undergone a significant restructuring in February 2026. This includes laying off approximately 25% of its global workforce up to around 200 employees and exiting operations in the UK, EU including other European […] The post Gemini Restructuring and Laying Off 25% of its Global Workforce  appeared first on Tekedia.

Anthropic’s claim that 16 million Claude interactions were siphoned through 24,000 fake accounts reframes the AI race as a battle over inference access, safeguards, and chip supply — not just model training. U.S. artificial intelligence firm Anthropic has accused three Chinese AI developers, DeepSeek, Moonshot AI, and MiniMax, of orchestrating what it describes as a […] The post Anthropic Alleges Massive Distillation Campaign by Chinese AI Labs, Escalating Fight Over Chips and Safeguards appeared first on Tekedia.

Aliko Dangote says ordinary Nigerians will be able to buy shares in the $20 billion Dangote Refinery within five months, with the option to receive dividends in either naira or U.S. dollars. Chairman of Dangote Group, Aliko Dangote, has confirmed that ordinary Nigerians will be able to acquire shares in the Dangote Refinery within the […] The post Dangote Refinery Set for Public Listing in Four Months as Retail Investors Promised Dollar Dividend Option appeared first on Tekedia.

Amazon plans to invest $12 billion in new AI-focused data center campuses in Louisiana as part of a broader $200 billion capital expenditure push. Amazon on Monday announced plans to invest $12 billion in new data center campuses in Louisiana, reinforcing its aggressive expansion of artificial intelligence and cloud infrastructure even as investors weigh the […] The post Amazon Unveils $12bn Louisiana Data Center Expansion Amid Intensifying AI Infrastructure Race appeared first on Tekedia.

By earmarking up to 5% of GDP for industrial financing, Abuja is signaling one of the most aggressive state-backed industrial funding commitments in Nigeria’s recent economic history. The Federal Government has unveiled plans to allocate up to 5% of Nigeria’s Gross Domestic Product to industrial financing under the Nigeria Industrial Policy (NIP) 2025, marking a […] The post Nigeria Targets 5% of GDP for Industrial Financing Under Sweeping 2025 Policy Drive appeared first on Tekedia.