The fare increase, announced on Tuesday in Nairobi, makes Bolt one of the first major ride-hailing firms in Kenya to formally pass rising operating costs to consumers.

Under amendments to the Finance Bill 2026,  virtual asset service providers would be required to file annual returns with the Kenya Revenue Authority (KRA) showing the names of Kenyan users, their transaction histories, and wallet activities.

Hello, Greetings. Due to multiple requests from members, the current Tekedia Capital investment cycle has been extended to Monday, May 18, 2026. We strongly encourage members not to wait until the final day before initiating transfers or completing documentation, as last-minute payment and transfer challenges can occur. The 18 startups are here https://capital.tekedia.com/lesson/active/ For members who have […] The post Tekedia Capital Cycle Extended to Monday, May 18, 2026 appeared first on Tekedia.

In today's edition: Egypt’s Bosta delivers 75% returns for investors || Naspers-owned Prosus sells additional Delivery Hero stake || Kenya’s taxman wants access to taxpayer data || Vodacom and MTN mobile money subscribers grow

Microsoft’s plans for a landmark $1 billion data center in Kenya have been significantly delayed following disagreements with the Kenyan government over financial guarantees and the project’s enormous energy requirements, Bloomberg reports, citing people familiar with the negotiations. The U.S. technology giant, in partnership with Abu Dhabi-based AI firm G42, had sought firm commitments from […] The post Microsoft’s Ambitious $1bn Kenya Data Center Project Hits Major Roadblocks Over Payment Guarantees and Power Supply appeared first on Tekedia.

Saudi Aramco has delivered one of the starkest warnings yet about the fallout from the U.S.-Iran war, saying the global oil market has effectively lost around one billion barrels of supply over the past two months and that the resulting energy shock will not disappear quickly even if diplomacy eventually succeeds. The comments from Aramco […] The post Aramco Delivers $32.5bn Q1 Profit, Says World Has Lost 1bn Barrels of Oil as Iran War Exposes Fragility of Global Energy System appeared first on Tekedia.

In an ever-evolving global economy, the landscape of careers and businesses is changing rapidly. With technological advancements and shifts in market dynamics, individuals and organizations must adapt to stay competitive. This article explores how education and strategic planning can prepare us for these changes. By focusing on continuous learning and embracing innovative business models, we […] The post Preparing for Future Careers and Businesses: Insights and Strategies appeared first on Tekedia.

How to Set Screen Time Limits That You’ll Actually Stick To Setting screen time limits sounds easy until real life gets in the way. One quick scroll turns into… TechCity

Table of contents What’s new in iOS 26.5 What Apple did not include in iOS 26.5 What’s coming next Which iPhones can run iOS 26.5 Should you update now? Apple dropped iOS 26.5 today, and your iPhone can pick it up right now. Head to Settings, tap General, then Software Update, and the download will […]

Despite the clear and obvious risks, many Americans don’t have a life insurance policy, putting their loved ones at risk. For seniors living their retirements on a fixed income, a lack of life insurance can be particularly consequential for the family left behind. Digital technology is changing this outlook, making it easier than ever for […] The post How Technology Is Simplifying Life Insurance for Seniors appeared first on Tekedia.

For this week’s Ask an Investor, Favour Ubaka speaks on why angel deal participation rebounded in 2025 after a two-year decline, according to ABAN's 2025 Angel Investment Survey Report.

The digital wagering space now demands fast transactions and full financial clarity. High-volume participants prefer platforms that show deep liquidity and a strong record of paying large prize pools. Choosing the best online casino instant payout platform becomes essential for users moving large daily funds. As the market grows, only a few top operators deliver […] The post Top Casino Leaders: Spartans, Betfair, BC.Game & Paddy Power Compared for Fast Withdrawals appeared first on Tekedia.

The global financial landscape is entering a historic phase as private technology giants prepare to reshape public markets. According to research from Binance, three trillion-dollar initial public offerings (IPOs) are expected to emerge in 2026, an unprecedented development in modern financial history. Until now, only one company — Saudi Aramco — had achieved such a […] The post Private Technology Giants Prepare to Reshape Public Markets with Trillion Dollar IPO appeared first on Tekedia.

Bitcoin climbed back above the $82,000 mark after renewed geopolitical tensions between the United States and Iran triggered sharp volatility across global financial markets, including cryptocurrencies and oil. It has since dropped to about $80,000. The rally followed comments from Donald Trump, who reportedly rejected Iran’s latest proposal aimed at ending the ongoing conflict. According […] The post Bitcoin Reclaims $82,000 then Drops Amid US-Iran Tensions as Markets Brace For Inflation Data appeared first on Tekedia.

he rapid expansion of artificial intelligence is fundamentally reshaping global energy demand, with implications that extend well beyond traditional power planning. Nowhere is this more apparent than in the growing energy footprint of data centers. Facilities that once required tens of megawatts are now being developed at 100–200 MW scale, with hyperscale campuses increasingly aggregating […] The post Africa Needs Grid-Scale Energy to Power AI Data Centres appeared first on Tech In Africa.

The U.S. Department of State has imposed a fresh round of sanctions targeting companies and individuals in China, the United Arab Emirates, Belarus, and Iran, a move that underscores how fragile and uncertain diplomatic efforts to end the U.S.-Iran war remain. While Washington and Tehran are publicly discussing ceasefire proposals and possible frameworks for renewed […] The post U.S. Slaps New Iran Sanctions on Chinese, UAE Firms Even as Peace Talks Advance, Signaling War May Drag On appeared first on Tekedia.

Nigeria's biggest banks lost $1.56 million to fraud in 2025. While incidents fell, fraudsters are extracting more per attack as digital payments scale.

The modern global economy has always been built around scarce and valuable resources. In the industrial era, oil became the defining commodity that powered nations, industries, and geopolitical influence. In the digital age, data emerged as a strategic asset that reshaped finance, advertising, and technology. Now, according to Larry Fink, the next major resource may […] The post The Next Major Resource Maybe Compute Power, Larry Fink Says  appeared first on Tekedia.

The cryptocurrency industry was built on the promise of decentralization, financial freedom, and technological innovation. Yet beneath the optimism lies a harsh reality: the market is overcrowded with ghost chains and zombie coins. Ghost chains are blockchains that technically still exist but have little activity, few developers, almost no users, and negligible economic value. Zombie […] The post Crypto Industry is Overcrowded with Ghost Chains and Zombie Coins appeared first on Tekedia.

MTN Rwanda returned to profit in the first quarter of 2026, helped by strong growth in internet usage and mobile money services.

The stock market continues to climb to record-breaking highs, fueled by a global conviction that artificial intelligence represents the defining economic opportunity of the modern era. Across Wall Street and international markets, investors are pouring trillions of dollars into companies perceived to be leading the AI revolution. To many market participants, AI has become a […] The post Stock Market Continues to Climb to Record Highs Fueled by Global Conviction on AI appeared first on Tekedia.

The cryptocurrency industry is entering a new phase of maturity, but with that evolution has come a dramatic escalation in cybercrime, geopolitical competition, and institutional positioning. What was once viewed as a niche technological experiment has now become a battlefield involving nation-states, artificial intelligence, organized hacking groups, and some of the world’s largest financial institutions. […] The post Crypto Industry Entering a New Phase of Maturity But with Escalation in Cybercrime appeared first on Tekedia.

Coinbase entered 2026 facing one of the most contradictory quarters in its history. On one hand, the company continued to position itself as a cornerstone of the global crypto economy through strategic Bitcoin accumulation and institutional expansion. On the other hand, it reported a staggering $394 million net loss in the first quarter and suffered […] The post Coinbase Enters 2026 Facing Contradictory Revenue Quarters in its History appeared first on Tekedia.

The latest U.S. labor market data delivered a message that many economists and investors were eager to hear: the American economy is still creating jobs at a healthy pace despite persistent concerns about inflation, high interest rates, and slowing global growth. In April, the U.S. economy added 115,000 jobs, while March payroll numbers were revised […] The post US Economy Added 115,000 Jobs in April 2026 appeared first on Tekedia.

New report reveals that in 2025, agriculture and agritech have emerged as the top choice for African angel networks and the second choice for individual angels.

The Nairobi-based company reported a net profit of KES 4.8 billion ($37 million) for the year ended December 31, 2025, up from KES 157 million ($1.2 million) a year earlier. Revenue rose 92.7% to KES 28.3 billion ($219.2 million), according to disclosures by Car & General, which holds a 29% stake in the business.  

In today's edition: Glovo opens head office in Nairobi || Egyptian fintech Valu becomes an SME lender || South Africa’s IT agency gets new board || Airtel revenue per user climbs in Nigeria

Alibaba is preparing one of its most ambitious artificial intelligence rollouts yet, integrating its Qwen AI platform directly with Taobao and Tmall in a move that could fundamentally change how consumers shop online and deepen China’s lead in AI-driven commerce. The initiative would allow users to browse, compare, and purchase products through natural conversations with […] The post Alibaba Pushes AI Deeper Into Commerce With Qwen-Taobao Integration in Bid to Reinvent Online Shopping appeared first on Tekedia.

The decision by North Korea to reportedly amend its constitution so that a nuclear strike would be automatically launched if leader Kim Jong Un is assassinated represents one of the most alarming developments in modern nuclear doctrine. The policy reflects not only the extreme militarization of the North Korean state, but also the growing fear […] The post North Korea Amends its Constitution for Nuclear Strike If Kim Jong Un is Assassinated appeared first on Tekedia.

Germany’s aviation sector is facing renewed uncertainty as major airports across the country warn that millions of flights could be cancelled or severely disrupted in the coming months. The warning reflects a growing crisis in European air travel, driven by labor shortages, strikes, rising operational costs, climate regulations, and increasing pressure on airport infrastructure. For […] The post Germany’s Aviation Industry Facing Renewed Uncertainty Culminated by Several Factors appeared first on Tekedia.

Germany’s declaration that it has effectively used up its natural resources for 2026 is a stark reminder of the immense ecological pressure modern industrial economies place on the planet. This milestone, often referred to as Overshoot Day, marks the point at which a country has consumed all the natural resources that Earth can regenerate within […] The post Germany Has Effectively Used Up Its Natural Resources for 2026 appeared first on Tekedia.

Michael Saylor, executive chairman of Strategy, has once again fueled speculation that the company could be preparing for another massive Bitcoin purchase. In a recent post on X, Saylor posted his signature phrase that has become synonymous with fresh Bitcoin accumulation, which he wrote, “Back to work. $BTC”. The post, which included Strategy’s latest Bitcoin […] The post “Back to Work” — Strategy CEO Michael Saylor Hints at Another Huge Bitcoin Purchase appeared first on Tekedia.

A U.S. federal judge has declined to immediately approve the proposed settlement between Elon Musk and the U.S. Securities and Exchange Commission, signaling that the agreement will face closer scrutiny over how it was negotiated and whether it adequately serves the public interest. U.S. District Judge Sparkle Sooknanan ruled Friday that she needs additional information […] The post Judge Demands Transparency Over $1.5m Musk–SEC Settlement, Won’t Rubberstamp Deal appeared first on Tekedia.

Most major Gulf stock markets closed lower on Sunday as renewed security concerns in the Middle East overshadowed tentative signs of stability in regional energy flows, highlighting how fragile investor confidence remains even after the resumption of some shipping activity through the Strait of Hormuz. Fresh drone incidents, uncertainty surrounding U.S.-Iran peace efforts and fears […] The post Gulf Markets Slip as Drone Threats and Iran Uncertainty Rattle Investors Despite Hormuz LNG Breakthrough appeared first on Tekedia.

What an extraordinary quarter the TradeGrid Team has delivered to shareholders: an impressive +342.7% quarter-on-quarter revenue growth.   On behalf of Tekedia Capital investors, I want to commend the team for the exceptional execution of the mission. It feels like yesterday when we wrote the first cheque into this company, and today, TradeGrid powers transactions […] The post Tekedia Capital Congratulates TradeGrid for +342.7% Quarter-on-Quarter Growth appeared first on Tekedia.

Nvidia chief executive Jensen Huang says the company’s share of China’s artificial intelligence accelerator market has effectively collapsed to zero, delivering one of the starkest warnings yet about the consequences of Washington’s escalating semiconductor export restrictions. “In China, we have now dropped to zero,” Huang said during an interview with the Special Competitive Studies Project. […] The post Nvidia’s China AI Business Collapses to Zero, CEO  Jensen Huang Says, Warns U.S. Curbs Are Backfiring appeared first on Tekedia.