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Technology
Yoco secures $100 million credit to fuel its merchant lending expansion
Yoco has secured a $100 million credit facility from Victory Park Capital to expand its merchant financing operation, using payments data to assess small businesses and gain greater control over credit risk.
TechCabal -
This tech firm built the geospatial infrastructure behind Nigeria’s door-level address system
Nigeria’s new digital postcode system aims to replace landmark-based directions with precise building-level codes. Behind it is Milsat’s push to build location-data infrastructure—but keeping that information accurate, accessible and useful will be the bigger test.
TechCabal -
The Business of Digital Anonymity: How Privacy-First Platforms Are Winning Modern Consumers
Exposing the structural shift from data extraction to trust economics in the modern digital enterprise For over two decades, the modern consumer internet operated primarily under the economic doctrine of Surveillance Capitalism, a term popularized by Harvard professor Shoshana Zuboff. Under this paradigm, user behavior, personal telemetry, and private communications were routinely extracted, synthesized, and […] The post The Business of Digital Anonymity: How Privacy-First Platforms Are Winning Modern Consumers appeared first on Tekedia.
Tekedia -
What Businesses Should Consider When Improving Employee Workflows
Refining staff workflows is a primary focus for companies that intend to increase output, facilitate cooperation and maintain a functional environment. Business requirements change frequently, which often makes current methods less effective – these outdated systems cause delays and increase the amount of labor required from workers. Examining current procedures allows managers to find specific […] The post What Businesses Should Consider When Improving Employee Workflows appeared first on Tekedia.
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How Kuramo wants to train Nigeria’s next generation of SME fund managers
Kuramo has launched the Wholesale Impact Investment Fund (WIIF), a naira-denominated fund-of-funds targeting $1 billion for Nigerian small businesses.
TechCabal -
Q4 Power Play: 10 Practical Strategies to Close 2026 Strong
Innov8tiv Innov8tiv - Tech news, AI, apps, and startups from Africa and beyond Unfinished sales targets, unpaid invoices, and mounting expenses often collide in November, leaving founders squeezed. Scrambling to… Q4 Power Play: 10 Practical Strategies to Close 2026 Strong Innov8tiv.com
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Money Fellows took an old savings habit and built a business the hard way
Money Fellows built its model around digitising an old saving habit in Egypt.
TechCabal -
Apple opened Siri AI to every app developer. Here is when your apps will actually use it
Apple opened Siri AI to every app developer. Here is when your apps will actually use it Any developer can now build Siri AI into their app in the iOS 27.3 beta, but App Store releases wait until spring. Here is what to expect. TechCity
Tech City NG -
Sony brought back its 1979 Walkman headphones with a USB-C plug. Here is who they suit
Sony brought back its 1979 Walkman headphones with a USB-C plug. Here is who they suit The Sony MDR-3R remakes the 1979 Walkman headphones with USB-C, a mic and a remote. Here is who it suits and who should skip it. TechCity
Tech City NG -
ContiSX Office Launches Tomorrow As Business Operating System
What is ContiSX Office? ContiSX Office is an all-in-one business operating system built to manage and digitize daily enterprise operations. Developed as part of the ContiSX ecosystem (a next-generation financial market infrastructure), the platform unifies multiple core functions into a single workspace. Key Features -Core Business Management: Handles HR, payroll, accounting, inventory tracking, and payment […] The post ContiSX Office Launches Tomorrow As Business Operating System appeared first on Tekedia.
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Afreximbank’s fresh $118m creative bet needs open borders to pay off
Afreximbank’s $118 million commitment to Nigeria’s creative economy could help businesses scale, but access to finance alone will not unlock Africa’s creative potential. Cross-border trade barriers, weak intellectual property protection and limited routes to market remain major obstacles.
TechCabal -
African firms pay 1.8% more for credit than their rich-country peers, IFC study shows
African businesses pay significantly more to borrow in corporate bond markets than their counterparts in high-income economies, with firms on the continent facing a median real borrowing cost that is 180 basis points (1.8%) higher, according to research by the International Finance Corporation (IFC).
TechCabal -
 
 
Nigeria’s NCC says every phone’s IMEI must be verified before it is sold. Here is what to check before you buy
Nigeria’s NCC says every phone’s IMEI must be verified before it is sold. Here is what to check before you buy Under new NCC type approval rules, shops must verify each phone's IMEI before sale. Here are three checks to do before you pay. TechCity
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Singles Day 2026: 15 Tech Gifts Worth Every Penny
Innov8tiv.com -
MTN’s South African data boom is not translating into revenue growth
MTN South Africa’s customers are consuming more mobile data than ever, but the country’s second-largest mobile operator is finding it difficult to translate that demand into revenue growth.
TechCabal -
SMEDAN National MSME Conference 2026
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) is bringing Nigerian entrepreneurs, business experts, policymakers, investors and other stakeholders together for its National MSME Conference, a platform designed to give small business owners a voice and provide opportunities to learn, network and engage with people shaping the business environment in Nigeria. The third […]
OgbongeBlog -
SMEDAN N100 Million Entrepreneur Fund Offers Hope for Small Business Owners
Small business owners and aspiring entrepreneurs in Nigeria have another reason to be optimistic following the announcement of a new funding initiative by the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), aimed at helping Nigerian entrepreneurs become millionaires through business training, financial grants and improved access to markets. The SMEDAN N100 Million Entrepreneur […]
OgbongeBlog -
Nigeria could collect $75 million from crypto stamp duty in 2027
Nigeria’s crypto market received $38.1 billion in value between July 2025 and June 2026, according to blockchain analytics firm Chainalysis, highlighting the scale of a market the government hopes to tap to expand its tax base in 2027.
TechCabal -
Nigeria’s telecom operators sue federal lawmakers over service-quality probe
Nigeria’s biggest telecom operators have sued the House of Representatives, challenging its constitutional authority to investigate network quality and summon their CEOs.
TechCabal -
👨🏿‍🚀TechCabal Daily – Nigeria tightens stablecoin rules
TechCabal -
US Inflation Concerns Deepen as Missing BLS Data Complicates Economic Outlook
Inflation remains one of the biggest economic concerns in the United States, with Federal Reserve officials, bond investors and frustrated voters increasingly sharing the view that rising prices are still too high and may remain elevated for longer than expected. Despite previous efforts to bring inflation under control, the cost of living continues to influence […] The post US Inflation Concerns Deepen as Missing BLS Data Complicates Economic Outlook appeared first on Tekedia.
Tekedia -
How Congressional Control Could Shape US Tax Policy
The US midterm elections are about more than political control in Washington. Their consequences could reach directly into household budgets, financial markets, employment, housing costs and the broader economy. For millions of Americans already struggling with the cost of living, the election results could influence how much money they have left after paying for essential […] The post How Congressional Control Could Shape US Tax Policy appeared first on Tekedia.
Tekedia -
Big Tech Layoffs Reveal the Growing Cost of the AI Infrastructure Race
The technology industry is undergoing a major transformation as some of the world’s largest companies redirect billions of dollars toward artificial intelligence infrastructure. Oracle, Meta, Alphabet and Microsoft have collectively cut 60,886 jobs, yet the estimated annual wages associated with those positions represent just 16 days of the four companies’ combined spending on data centres […] The post Big Tech Layoffs Reveal the Growing Cost of the AI Infrastructure Race appeared first on Tekedia.
Tekedia -
Crypto Market Loses $200 Billion as Bitcoin ETF Outflows Hit Five-Month High and Binance Faces Leadership Change
The cryptocurrency market is facing another test of confidence as altcoins lose roughly $200 billion in market value, Bitcoin exchange-traded funds record their worst weekly outflow since June, and Binance undergoes a leadership change. These developments underline the pressure confronting digital assets, while law enforcement efforts to recover stolen funds offer some reassurance. Altcoins have […] The post Crypto Market Loses $200 Billion as Bitcoin ETF Outflows Hit Five-Month High and Binance Faces Leadership Change appeared first on Tekedia.
Tekedia -
 
 
Cyberattack Targets Company Behind Austria-Italy Brenner Base Tunnel Project
The company responsible for building the Brenner Base Tunnel, a major railway link between Austria and Italy, has confirmed that it was hit by a targeted cyberattack. The incident has raised concerns about the cybersecurity of European infrastructure, although the company says construction activities have not been disrupted. Brenner Base Tunnel SE, commonly known as […] The post Cyberattack Targets Company Behind Austria-Italy Brenner Base Tunnel Project appeared first on Tekedia.
Tekedia -
Democrats Deliver Historic Midterm Defeat as Americans Reject Trump’s Policies
The American political landscape has undergone a dramatic transformation following a midterm election that delivered a devastating rebuke to President Donald Trump and his administration. Voters across the country expressed their dissatisfaction with the direction of the nation, handing Democrats control of both chambers of Congress and exposing the growing political consequences of Trump’s economic […] The post Democrats Deliver Historic Midterm Defeat as Americans Reject Trump’s Policies appeared first on Tekedia.
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Nigeria Emerges as a Global Leader in Grassroots Cryptocurrency Adoption as Stablecoins Transform Everyday Payments
Nigeria is strengthening its position as one of the world’s leading cryptocurrency markets, ranking third globally for grassroots crypto adoption, according to blockchain analytics firm Chainalysis. The country also ranks first in domestic peer-to-peer cryptocurrency activity and cross-border flows, highlighting how digital assets are becoming increasingly important to its financial ecosystem. The figures reflect a […] The post Nigeria Emerges as a Global Leader in Grassroots Cryptocurrency Adoption as Stablecoins Transform Everyday Payments appeared first on Tekedia.
Tekedia -
The Next Wave: Kenyan banks have forgotten how to lose money
TechCabal -
The Legal Liability Crisis Emerging as AI Agents Begin Acting Independently
The rapid development of artificial intelligence is creating a new challenge for corporate governance, particularly as companies increasingly deploy autonomous AI agents to perform tasks previously handled by human employees. As businesses race to monetize agentic systems and justify billions of dollars in artificial intelligence investments, an important legal question is emerging: who becomes responsible […] The post The Legal Liability Crisis Emerging as AI Agents Begin Acting Independently appeared first on Tekedia.
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IREN’s $9.7 Billion AI Project Faces Delays as Data Center Builders Confront Political Uncertainty
The rapid expansion of artificial intelligence infrastructure is creating enormous opportunities for technology companies, but building the data centers required to support the industry is proving increasingly complicated. IREN, a major data center and Bitcoin mining company, has blamed networking changes requested by Microsoft for delays affecting its $9.7 billion artificial intelligence project. The development […] The post IREN’s $9.7 Billion AI Project Faces Delays as Data Center Builders Confront Political Uncertainty appeared first on Tekedia.
Tekedia -
Crypto Hackers Outpace Recovery Efforts as Blockaid Reports Zero Funds Recovered Through Issuer Blacklists in 2026
The cryptocurrency industry continues to face significant challenges in recovering stolen digital assets, with new findings from Blockaid highlighting the growing gap between blockchain security mechanisms and the speed of cybercriminal operations. According to the company’s 2026 Fund Recovery Threat Landscape report, zero dollars were recovered or frozen through issuer blacklists across 60 major cryptocurrency […] The post Crypto Hackers Outpace Recovery Efforts as Blockaid Reports Zero Funds Recovered Through Issuer Blacklists in 2026 appeared first on Tekedia.
Tekedia -
Paraguay Impeachment Crisis Deepens After Central Bank Seizes Ueno Bank
Paraguay’s political crisis has intensified after lawmakers began considering the impeachment of President Santiago Peña, following the central bank’s seizure of Ueno Bank. The decision has shaken confidence in the country’s financial system, affected millions of customers and pressured the president. Ueno Bank had approximately 2.9 million clients in a country with a population of […] The post Paraguay Impeachment Crisis Deepens After Central Bank Seizes Ueno Bank appeared first on Tekedia.
Tekedia -
US Political Realignment Raises Questions About America’s Future
The United States midterm elections have delivered a historic political earthquake, with Democrats achieving their biggest electoral victory in half a century. By reclaiming control of both chambers of Congress and flipping several governorships, the opposition has dealt President Donald Trump one of the most damaging political defeats of his presidency. The results signal growing […] The post US Political Realignment Raises Questions About America’s Future appeared first on Tekedia.
Tekedia -
Binance Hackers Exploit Fake Job Interview as Former FBI Agent Pleads Guilty to Stealing $2.5 Million in Crypto
The cryptocurrency industry is facing renewed scrutiny over security vulnerabilities and the growing sophistication of financial crimes following two separate incidents involving Binance and a former FBI agent. Binance has disclosed that hackers used a fake job interview to compromise an employee and steal cryptocurrency, while former FBI agent Patrick Yaroch has pleaded guilty to […] The post Binance Hackers Exploit Fake Job Interview as Former FBI Agent Pleads Guilty to Stealing $2.5 Million in Crypto appeared first on Tekedia.
Tekedia -
Harvey IPO Talks and Snowflake Executive’s Move to AI Infrastructure Highlight Growing Industry Ambitions
The artificial intelligence industry is entering another important phase as startups move beyond developing powerful models and begin building sustainable businesses around their technology. Two developments highlight this shift: legal AI startup Harvey is exploring the possibility of going public, while former Snowflake revenue chief Mike Gannon is joining relatively unknown AI infrastructure company Spectro […] The post Harvey IPO Talks and Snowflake Executive’s Move to AI Infrastructure Highlight Growing Industry Ambitions appeared first on Tekedia.
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Abia State Leads Nigeria in Public Spending Efficiency, As Umuahia Hosts AfriCANDO 2026 Conference
God’s Own State has done it again! Abia State has emerged as Nigeria’s leading state in public spending priorities, scoring an impressive 90.9 out of 100, according to an analysis drawing on Federal Government data. Abia leads the second-ranked state by 5.2 points, demonstrating what is possible when leadership is purposeful, governance is disciplined, and […] The post Abia State Leads Nigeria in Public Spending Efficiency, As Umuahia Hosts AfriCANDO 2026 Conference appeared first on Tekedia.
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