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Technology
Why VOA spends six months inside startups before deciding to invest
After backing Blockradar and REasy, VOA Venture Partners wants to invest in African fintechs that help move money in and outside the continent.
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Bond Selloff, Oil’s Slide Keep Global Markets on Edge as France’s Fiscal Strains Weigh on Euro: Dollar, Gold Gain
Global bond markets began the week with a modest reprieve after a sharp selloff, but elevated U.S. Treasury yields and growing concerns over France’s public finances kept investors focused on the risks of higher-for-longer interest rates, government debt and renewed pressure on major currencies. U.S. Treasury yields edged lower Monday as investors awaited minutes from […] The post Bond Selloff, Oil’s Slide Keep Global Markets on Edge as France’s Fiscal Strains Weigh on Euro: Dollar, Gold Gain appeared first on Tekedia.
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Nigeria Hits 73% Formal Financial Inclusion Target, but 60.4 Million Adults Remain Financially Vulnerable
Nigeria has exceeded the formal financial inclusion target set under its National Financial Inclusion Strategy (NFIS), but the gains in access have yet to translate into comparable improvements in financial resilience, according to the latest national survey. Formal financial inclusion reached 73% of Nigerian adults in 2026, up from 64% in 2023 and 56% in […] The post Nigeria Hits 73% Formal Financial Inclusion Target, but 60.4 Million Adults Remain Financially Vulnerable appeared first on Tekedia.
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Europe’s EV Sales Surge 45% as Cheaper Models Accelerate the Shift Away From Petrol Cars
Europe’s electric vehicle market is gaining momentum, with record sales in 2026 as automakers expand their range of more affordable models to meet tightening European Union emissions requirements and respond to growing consumer demand. Electric vehicle sales across the EU reached 1.64 million units in the first eight months of 2026, up 45% from the […] The post Europe’s EV Sales Surge 45% as Cheaper Models Accelerate the Shift Away From Petrol Cars appeared first on Tekedia.
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China Shuts Record 670 Small Banks as Beijing Moves to Contain Rural Financial Risks
China is accelerating the consolidation of its smaller and predominantly rural banks as authorities seek to strengthen a vulnerable part of the financial system while the economy faces slower growth and persistent weakness in key sectors. A policy-driven consolidation campaign resulted in a record 670 lenders being closed in 2025, equivalent to roughly one-quarter of […] The post China Shuts Record 670 Small Banks as Beijing Moves to Contain Rural Financial Risks appeared first on Tekedia.
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Koko’s carbon credits find no buyer as creditors fund UK wind-down
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Five numbers showing how GTCO’s payment strategy is taking shape
This is Follow the Money, our weekly series that unpacks the earnings, business, and scaling strategies of African fintechs, financial institutions, companies, and governments. A new edition drops every Monday. Segun Agbaje, the group chief executive officer of Guaranty Trust Holding Company Plc (GTCO), one of Nigeria’s largest financial services groups, told analysts in 2020 that […]
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How a $231,000 dispute between Naivas and FlexPay ended in police cells
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Mysterious Crypto Whale Buys $24.2M in UNI After Selling $400M in ETH
The cryptocurrency market is once again drawing attention to the activity of a mysterious whale whose transactions have demonstrated the scale and speed at which large investors can move capital. According to Lookonchain data, the wallet, which reportedly dumped more than $400 million worth of Ethereum at the beginning of September, has resurfaced with a […] The post Mysterious Crypto Whale Buys $24.2M in UNI After Selling $400M in ETH appeared first on Tekedia.
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AI Agents Drive Record Web Traffic as Infrastructure Stocks Rally
The internet is entering a new phase in which humans are no longer responsible for most web activity. According to Cloudflare data, bots, including artificial intelligence agents and other automated systems, now account for about 57% of web requests. The milestone arrived in May, far earlier than Cloudflare CEO Matthew Prince had expected, highlighting how […] The post AI Agents Drive Record Web Traffic as Infrastructure Stocks Rally appeared first on Tekedia.
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Bamboo App Download : Invest, Trade Stocks & Earn On The Go
Download Bamboo investment app for Android & iPhone. Check logo before downloading to sign up, sign in & trade. Contact customer service for help.
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Musk to Rename SpaceX AI Unit as SpaceXSI After Trump’s ‘Super Intelligence’ Push
Elon Musk said SpaceX will rename its artificial intelligence unit from SpaceXAI to SpaceXSI, aligning the company with President Donald Trump’s push to replace the term “artificial intelligence” with “super intelligence.” Musk confirmed the planned change Sunday in a post on X after a user asked whether SpaceXAI would be renamed SpaceXSI. “Yes, we will […] The post Musk to Rename SpaceX AI Unit as SpaceXSI After Trump’s ‘Super Intelligence’ Push appeared first on Tekedia.
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How Absa’s Crypto Custody Service Could Transform African Banking
South African banking giant Absa has moved into the rapidly developing digital-asset economy by becoming Africa’s first bank to offer cryptocurrency custody services, marking an important step in the relationship between traditional finance and blockchain technology. The move reflects how major financial institutions are increasingly looking beyond cryptocurrencies as speculative assets and beginning to develop […] The post How Absa’s Crypto Custody Service Could Transform African Banking appeared first on Tekedia.
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OPEC+ Holds November Oil Output Targets Steady as Iran War Keeps Supply Tight
OPEC+ has agreed to keep its oil production targets unchanged for November, extending a pause in output adjustments as the war involving the United States, Israel and Iran continues to disrupt crude exports and leave actual production well below official quotas. Seven core members of the producer alliance, Saudi Arabia, Russia, Iraq, Kuwait, Algeria, Kazakhstan […] The post OPEC+ Holds November Oil Output Targets Steady as Iran War Keeps Supply Tight appeared first on Tekedia.
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Xai Wins Court Order Blocking Minnesota’s AI ‘Nudification’ Ban
Elon Musk’s xAI won a temporary reprieve from Minnesota’s first-in-the-nation ban on AI-generated fake nude images after a U.S. federal appeals court blocked enforcement of the law while the company challenges it as an unconstitutional restriction on free speech. The St. Louis-based 8th U.S. Circuit Court of Appeals on Friday granted xAI’s request for an […] The post Xai Wins Court Order Blocking Minnesota’s AI ‘Nudification’ Ban appeared first on Tekedia.
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BNB Chain Crosses $1 Billion in Tokenized Stocks and ETFs
BNB Chain has reached a significant milestone in the rapidly expanding market for tokenized real-world assets, becoming the first blockchain to surpass $1 billion in tokenized stocks and exchange-traded funds (ETFs). The achievement highlights how blockchain technology is moving beyond cryptocurrencies and decentralized finance into traditional financial markets, where equities and investment funds can increasingly […] The post BNB Chain Crosses $1 Billion in Tokenized Stocks and ETFs appeared first on Tekedia.
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Apple Tightens Mac Privacy Controls as AI Agents Seek Broader Access to User Data
Apple is preparing to tighten privacy controls on its Mac computers as autonomous AI agents seek access to data across applications, highlighting a growing problem for the technology industry: the more capable AI assistants become, the more access they need to a user’s digital life. Apple said Friday that it plans to change its Mac […] The post Apple Tightens Mac Privacy Controls as AI Agents Seek Broader Access to User Data appeared first on Tekedia.
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👨🏿‍🚀TechCabal Daily – Jig is up for spam callers
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NBCUniversal Cuts Streaming Jobs as Media Companies Focus on Profitability
NBCUniversal is cutting a few hundred jobs across its global streaming technology operations, highlighting the continuing pressure on major media companies to make their digital businesses more efficient. The workforce reduction affects employees involved in technology supporting the company’s streaming operations and comes as the entertainment industry continues to reshape itself around changing consumer habits, […] The post NBCUniversal Cuts Streaming Jobs as Media Companies Focus on Profitability appeared first on Tekedia.
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Renault Plans €10 Billion France Investment As EV Demand Accelerates
Renault Group plans to invest more than €10 billion ($11 billion) in France over the next five years, focusing on electric vehicles and more affordable cars as the automaker expands domestic production amid a rapid shift toward electrification. Renault Chief Executive François Provost said the investment would build on €13 billion the company has already […] The post Renault Plans €10 Billion France Investment As EV Demand Accelerates appeared first on Tekedia.
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Blast Network Is Winding Down: Users Must Withdraw Assets to Ethereum by October 26
Blast, the Ethereum layer-2 network known for its native yield features and aggressive growth strategy, is winding down operations and has asked users to withdraw their assets to Ethereum mainnet by October 26. The announcement marks a significant shift for a project that once positioned itself as a major contender in the race to scale […] The post Blast Network Is Winding Down: Users Must Withdraw Assets to Ethereum by October 26 appeared first on Tekedia.
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Centre Pompidou Forms Digital Art Committee to Expand Onchain and Generative Art Collection
The Centre Pompidou is taking another significant step into digital culture by forming a Digital Art Committee and launching a five-year patron program dedicated to funding acquisitions and research, with particular attention to onchain and generative art. The move signals something larger than an institutional experiment: digital art is increasingly being treated as an important […] The post Centre Pompidou Forms Digital Art Committee to Expand Onchain and Generative Art Collection appeared first on Tekedia.
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Brazil Election Puts Markets on a Lula-Bolsonaro Knife Edge as Investors Bet on Fiscal Reform
Brazil’s presidential election is setting up a sharp divide on Wall Street, with investors expecting markedly different outcomes for the country’s currency, bonds and equities depending on whether leftist Luiz Inácio Lula da Silva or right-wing candidate Flávio Bolsonaro emerges victorious. The first round of voting took place Sunday, with neither candidate currently assured of […] The post Brazil Election Puts Markets on a Lula-Bolsonaro Knife Edge as Investors Bet on Fiscal Reform appeared first on Tekedia.
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David Ellison Brings in Mattel’s Ynon Kreiz to Help Lead $110 Billion Warner Bros. Discovery Merger
For the past two years, David Ellison has been assembling the pieces of a media empire. As he prepares to take control of a combined Paramount and Warner Bros. Discovery, he is bringing in an experienced entertainment executive to help manage the sprawling company and address a question that has followed his aggressive expansion: can […] The post David Ellison Brings in Mattel’s Ynon Kreiz to Help Lead $110 Billion Warner Bros. Discovery Merger appeared first on Tekedia.
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U.S. Data Center Boom Is The Only Reason We’re Not In A Recession – LinkedIn’s CEO Reid Hoffman
LinkedIn co-founder Reid Hoffman is pushing back against growing opposition to the U.S. data center boom, arguing that the enormous flow of capital into artificial intelligence infrastructure is supporting economic activity well beyond the technology companies driving the spending. Speaking on the “Newcomer” podcast released Friday, Hoffman said the scale of investment in AI infrastructure […] The post U.S. Data Center Boom Is The Only Reason We’re Not In A Recession – LinkedIn’s CEO Reid Hoffman appeared first on Tekedia.
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Tesla’s Cybercab Fleet Is Growing Fast, but Waymo’s Robotaxi Lead Is Getting Harder to Close
Tesla is rapidly increasing the number of its driverless Cybercabs authorized for commercial service in Texas, but the pace of expansion remains modest compared with the scale of Elon Musk’s ambitions for the robotaxi business. In the month since Tesla unveiled its Cybercab service in Austin, the number of its bronze two-seat vehicles authorized for […] The post Tesla’s Cybercab Fleet Is Growing Fast, but Waymo’s Robotaxi Lead Is Getting Harder to Close appeared first on Tekedia.
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US Plans to Give Vistra $4.2 Billion Loan As AI Drives Power Demand via Nuclear Power
The U.S. government plans to lend about $4.2 billion to Vistra Corp. to increase electricity production from its existing nuclear power fleet, in a move that underscores Washington’s growing focus on nuclear energy as demand from artificial intelligence data centers and other power-intensive industries accelerates. Energy Secretary Chris Wright is expected to announce the financing […] The post US Plans to Give Vistra $4.2 Billion Loan As AI Drives Power Demand via Nuclear Power appeared first on Tekedia.
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Dangote Petroleum Refinery IPO : Shares Price, Closing Date and All You Need To know
The Dangote Petroleum Refinery IPO aka “IPO of the People” marks an important opportunity for Nigerian investors to participate directly in one of the country’s most significant industrial enterprises – the dangote petroleum refinery. Following years of construction and development, the refinery has opened its ownership structure to the general investing public, providing retail investors […]
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OpenAI Safety Employee Resigns, Warns Fast-Paced AI Development Is Outrunning Safety
A former OpenAI safety employee has publicly criticized the company’s approach to artificial intelligence development after quitting the company, arguing that its rapid launch cycle is creating risks that cannot be adequately addressed through safeguards added after systems are deployed. David Robinson, who spent three and a half years at OpenAI and worked on the […] The post OpenAI Safety Employee Resigns, Warns Fast-Paced AI Development Is Outrunning Safety appeared first on Tekedia.
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Italy’s Intesa Sanpaolo Sweetens MPS Takeover Offer With €800 Million Cash Incentive
Intesa Sanpaolo has raised the stakes in its proposed takeover of Monte dei Paschi di Siena, offering MPS shareholders an additional €800 million ($900 million) in cash if they reject the Italian lender’s rival expansion plan. The move escalates a high-stakes battle over the future of MPS and adds another layer to Italy’s rapidly consolidating […] The post Italy’s Intesa Sanpaolo Sweetens MPS Takeover Offer With €800 Million Cash Incentive appeared first on Tekedia.
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Digital Art Moves Beyond the Screen as Art Basel, Art Blocks and 0xfff Explore New Creative Frontiers
Digital art is steadily changing how the world creates, collects and experiences artistic expression. From generative algorithms and blockchain-based sculptures to institutional exhibitions and artist-led gatherings, the boundaries between technology and traditional art continue to evolve. Three developments involving Art Basel, UBS, Art Blocks and digital artist 0xfff illustrate how this transformation is gaining momentum […] The post Digital Art Moves Beyond the Screen as Art Basel, Art Blocks and 0xfff Explore New Creative Frontiers appeared first on Tekedia.
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Fed Proposes New Stablecoin Rules Ahead of GENIUS Act 2027 Enforcement
The Federal Reserve has taken another major step toward bringing stablecoins under a formal U.S. regulatory framework, proposing rules that would require certain payment stablecoin issuers to maintain reserves fully backing their tokens while also holding capital against operational and other risks. The proposal represents a significant stage in the implementation of the GENIUS Act, […] The post Fed Proposes New Stablecoin Rules Ahead of GENIUS Act 2027 Enforcement appeared first on Tekedia.
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Retail Stock Buying Hits Two-Year Low as Crypto ETFs See Fresh Inflows
The financial markets are showing an intriguing divergence between traditional retail stock investing and cryptocurrency investment products. Retail stock buying has reportedly fallen to levels near a two-year low, even as exchange-traded funds (ETFs) tracking Bitcoin, Ether, Solana and XRP recorded positive weekly inflows simultaneously for the first time this year. The shift highlights how […] The post Retail Stock Buying Hits Two-Year Low as Crypto ETFs See Fresh Inflows appeared first on Tekedia.
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UK Car Sales Jump 12% As EV Demand Surges Amid Fuel-Market Disruption
Britain’s new-car market recorded its strongest September in almost a decade, with registrations rising 12% from a year earlier as demand for battery-electric vehicles accelerated amid higher fuel costs and growing uncertainty over diesel supplies. Preliminary figures from the Society of Motor Manufacturers and Traders showed 350,518 new cars were registered in September, the highest […] The post UK Car Sales Jump 12% As EV Demand Surges Amid Fuel-Market Disruption appeared first on Tekedia.
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The Estate Plan You Wish You Had: Fratarcangeli Wealth Management on Protecting Wealth Through Life’s Biggest Transitions
A business sale. A retirement. A divorce. The death of a spouse. Each can create a radically different financial picture, but according to Jeffrey Fratarcangeli, founder and CEO of Fratarcangeli Wealth Management, the underlying discipline required to protect wealth through any of them doesn’t change. “Timing and preparation matter when you’re planning for a major […] The post The Estate Plan You Wish You Had: Fratarcangeli Wealth Management on Protecting Wealth Through Life’s Biggest Transitions appeared first on Tekedia.
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Bitcoin’s Bear Market Is Over, CryptoQuant CEO Says, Predicting 3–5x Upside
CryptoQuant CEO Ki Young Ju believes Bitcoin has entered a new bull cycle after the cryptocurrency’s deep 2026 correction. The crypto expert said he expects this current cycle to look very different from the explosive rallies of previous years. In a post on X, he wrote, “I expect this Bitcoin bull cycle to deliver 3–5x […] The post Bitcoin’s Bear Market Is Over, CryptoQuant CEO Says, Predicting 3–5x Upside appeared first on Tekedia.
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