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Technology
Musk’s xAI Scales Up Data Centre Footprint with New Facility, Targets Near-2GW Compute Power in Escalating AI Arms Race
Elon Musk’s artificial intelligence startup xAI is accelerating its infrastructure push, acquiring a third building to expand its data center footprint as it seeks to lift training capacity to nearly 2 gigawatts of compute power. The move underpins how the race to build ever more powerful AI models is increasingly being decided not just by […] The post Musk’s xAI Scales Up Data Centre Footprint with New Facility, Targets Near-2GW Compute Power in Escalating AI Arms Race appeared first on Tekedia.
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South Africa’s DA Pushes for Starlink Entry to Boost Connectivity
DA-backed plan seeks Starlink entry using EEIP investments to connect 5,000 rural schools and expand internet access across South Africa. The post South Africa’s DA Pushes for Starlink Entry to Boost Connectivity appeared first on Tech In Africa.
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Happy New Year, And the Best of 2026
It is a beautiful thing to step out of the bounds of 2025 and feel the fresh breeze of 2026. The sun has risen on the horizon, flowers are in bloom, awakened by new energy from the eastern corridor, and the birds sing in quiet ecstasy. Men and women, renewed in imagination, welcome the gentle […] The post Happy New Year, And the Best of 2026 appeared first on Tekedia.
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Starlink Faces Import Restrictions in Uganda Ahead of Elections
Uganda barred Starlink imports on Dec 19, 2025, requiring military clearance before the January 2026 elections, threatening rural connectivity and startups. The post Starlink Faces Import Restrictions in Uganda Ahead of Elections appeared first on Tech In Africa.
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China Begins Issuing Second Batch of 2026 Crude Import Quotas to Independent Refiners
China has started distributing the second batch of 2026 crude oil import quotas to independent refiners, with at least one major facility in eastern China receiving its allocation, sources familiar with the matter revealed to Reuters on Tuesday. More refiners, particularly in the Shandong province hub, expect notifications in the coming days, signaling Beijing’s calibrated […] The post China Begins Issuing Second Batch of 2026 Crude Import Quotas to Independent Refiners appeared first on Tekedia.
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Central Bank of Nigeria Sees Inflation Falling Below 13% in 2026 Amid High Interest Rate
Nigeria’s inflation outlook is expected to improve significantly in 2026, with the Central Bank of Nigeria (CBN) projecting headline inflation to moderate to an average of 12.94%, driven by easing food prices and a decline in the cost of premium motor spirit (PMS). The projection, contained in the apex bank’s 2026 Macroeconomic Outlook for Nigeria, […] The post Central Bank of Nigeria Sees Inflation Falling Below 13% in 2026 Amid High Interest Rate appeared first on Tekedia.
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Nigeria’s Domestic Airline Capacity Shrinks 7.5% in December as Cost Pressures Deepen Industry Strain
Nigeria’s domestic aviation market closed 2025 on a weaker footing, with available airline seats falling sharply in December amid persistent structural and financial challenges confronting local carriers. Data from OAG’s Africa Aviation Market Monthly Airline Data Updates for December 2025 shows that total domestic seat capacity in Nigeria declined to 850,420 seats, down from 919,400 […] The post Nigeria’s Domestic Airline Capacity Shrinks 7.5% in December as Cost Pressures Deepen Industry Strain appeared first on Tekedia.
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Indian Oil Corp Buys First Colombian Crude Cargo Amid Sharp Decline in Russian Imports
Indian Oil Corporation, India’s largest refiner, has purchased its first cargo of Colombian crude under an optional supply agreement with state-owned Ecopetrol, signaling accelerated diversification away from Russian oil as tighter Western sanctions disrupt supplies and elevate compliance risks. IOC acquired 2 million barrels of Castilla Blend heavy sour crude for delivery in late February […] The post Indian Oil Corp Buys First Colombian Crude Cargo Amid Sharp Decline in Russian Imports appeared first on Tekedia.
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Heirs Energies Buys 20% of Seplat for $500m, Becomes Largest Shareholder in Landmark Africa-Backed Deal
Tony Elumelu’s Heirs Energies has emerged as the single largest shareholder in Seplat Energy after acquiring a 20% stake in the Nigerian oil and gas producer for about $500 million, in a transaction that reshapes Seplat’s ownership structure and underscores the growing role of African capital in funding large-scale energy deals. The stake was acquired […] The post Heirs Energies Buys 20% of Seplat for $500m, Becomes Largest Shareholder in Landmark Africa-Backed Deal appeared first on Tekedia.
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Chinese AI Firm MiniMax, Others, Launch $2.15bn Hong Kong IPO In Year-End Rush
Chinese artificial intelligence startup MiniMax Group has taken center stage in Hong Kong’s resurgent equity markets, spearheading six new listings worth a combined HK$16.7 billion ($2.15 billion) launched on Wednesday. This is a fresh signal that AI developers and chipmakers are now driving the city’s IPO revival and shaping expectations for deal flow in 2026. […] The post Chinese AI Firm MiniMax, Others, Launch $2.15bn Hong Kong IPO In Year-End Rush appeared first on Tekedia.
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A Modern Solar Panel Solution for Roofs, Fleets, and Everyday Life
When people think about going solar, most imagine the big, heavy glass panels you see on houses or commercial rooftops. But the truth is, today’s solar industry is moving in a new direction – lighter, smarter, and easier solutions. And if you’re searching for a solar panel solution that fits your building, your fleet, or […] The post A Modern Solar Panel Solution for Roofs, Fleets, and Everyday Life appeared first on Tekedia.
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Five African founders who staged major comebacks in 2025
Five African founders returned after collapse in 2025, showing how failure, capital discipline, and hard lessons now shape who gets funded in Africa’s tech ecosystem.
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Starlink Partners with Airtel & Vodacom: From Rival to Ally
Starlink teams with two major African telcos to deploy Direct-to-Cell and LEO backhaul, expanding broadband to rural schools, clinics and businesses across Africa. The post Starlink Partners with Airtel & Vodacom: From Rival to Ally appeared first on Tech In Africa.
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Elon Musk Takes Aim at YouTube With Massive X Creator Pay Boost
Elon Musk is raising the stakes in the creator economy, announcing a significant increase in earnings for creators on X in a bold challenge to YouTube’s long-held dominance. The expanded payouts underscore X’s strategy to attract top video talent, positioning the platform as a more lucrative home for creators amid an increasingly competitive online video […] The post Elon Musk Takes Aim at YouTube With Massive X Creator Pay Boost appeared first on Tekedia.
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Michael Burry Says He’s not Shorting Tesla, Can’t Bet Against Musk
Michael Burry has moved to clear the air after reigniting debate around Tesla’s towering valuation, insisting that while he views the electric vehicle maker as “ridiculously overvalued,” he is not betting against the stock. The Scion Asset Management founder made the clarification on Wednesday in a post on X, responding directly to a user who […] The post Michael Burry Says He’s not Shorting Tesla, Can’t Bet Against Musk appeared first on Tekedia.
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Financial Inclusion: Mobile Money Continues to Drive GDP Growth
Mobile money expanded access across Africa, adding about $600B to GDP, lowering poverty and boosting transactions despite digital literacy and infrastructure gaps. The post Financial Inclusion: Mobile Money Continues to Drive GDP Growth appeared first on Tech In Africa.
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Deel Acquires PaySpace: A Major Exit for SA HR-Tech
Deel bought South Africa's PaySpace for $100M, adding 45 payroll engines and expanding native payroll to 70+ countries with plans to reach 100 by 2028. The post Deel Acquires PaySpace: A Major Exit for SA HR-Tech appeared first on Tech In Africa.
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Meta’s $2bn Bet on Manus Sharpens the AI Revenue Question — and Washington’s China Lens
Meta Platforms’ acquisition of Manus for about $2 billion does more than add another artificial intelligence startup to Mark Zuckerberg’s expanding AI empire. It underscores a deeper shift now underway in Silicon Valley: after years of model demos, benchmarks, and eye-watering infrastructure spend, investors and regulators are zeroing in on which AI products actually make […] The post Meta’s $2bn Bet on Manus Sharpens the AI Revenue Question — and Washington’s China Lens appeared first on Tekedia.
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Nvidia in advanced talks to buy Israel’s AI21 Labs in $2–3bn talent-led deal
Nvidia is in advanced negotiations to acquire Israeli artificial intelligence startup AI21 Labs, in a deal that could value the company at between $2 billion and $3 billion, according to people familiar with the matter cited by Calcalist. If completed, the transaction would mark another major expansion of Nvidia’s footprint in Israel and underscore its […] The post Nvidia in advanced talks to buy Israel’s AI21 Labs in $2–3bn talent-led deal appeared first on Tekedia.
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Chairman Tony Elumelu, Congrats On Seplat Deal
Good People, join me in congratulating Chairman Tony Elumelu as Heirs Energies, Africa’s leading indigenous integrated energy company, celebrates a milestone acquisition of the 20.07% equity stake in Seplat Energy Plc previously held by Maurel & Prom S.A. This transaction, valued at approximately $500 million, cements a legacy of indigenous dominance in the continental energy […] The post Chairman Tony Elumelu, Congrats On Seplat Deal appeared first on Tekedia.
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Africa’s Billion-Dollar Comeback: The 6 Mega-Deals That Defined 2025
African tech funding flipped the script in 2025. After bleeding capital for two straight years, the ecosystem pulled in over $3 billion—a 36% jump from 2024’s $2.2 billion and the first time crossing that threshold since 2022. The comeback wasn’t about more deals. It was about bigger bets. According to Africa: The Big Deal, investors […] The post Africa’s Billion-Dollar Comeback: The 6 Mega-Deals That Defined 2025 appeared first on Tech In Africa.
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Tesla’s Model Y Dominates 2025, Secures Third Consecutive Best-Seller EV Title
Tesla’s Model Y has once again set the pace in the electric vehicle market, clinching its third consecutive best-seller title in 2025 and reinforcing its position as the world’s most popular EV. This milestone caps off a tumultuous but triumphant 2025, cementing the vehicle as a dominant force in the entire global EV automotive market. […] The post Tesla’s Model Y Dominates 2025, Secures Third Consecutive Best-Seller EV Title appeared first on Tekedia.
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Coinbase Sounds Alarm: GENIUS Act Stablecoin Rewards Prohibition Threatens US Lead Over China’s e-CNY
Coinbase has issued a stark warning over provisions in the proposed GENIUS Act, arguing that restrictions on stablecoin rewards and incentives could undermine the United States’ leadership in digital payments and innovation. Faryar Shirzad, Coinbase’s Chief Policy Officer, argues that such an act will cede ground to China’s Digital Yuan, which announced interest payments starting […] The post Coinbase Sounds Alarm: GENIUS Act Stablecoin Rewards Prohibition Threatens US Lead Over China’s e-CNY appeared first on Tekedia.
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Building the Anthill and Making 2026 An Amazing Year
The grandest structures of progress are rarely the work of solitary giants. Just as the elephant does not build the anthill, the great monuments of industry and life are the results of the collective micro-efforts of the “ants” among us. Throughout history, the transition from inertia to impact has always required a singular catalyst: the […] The post Building the Anthill and Making 2026 An Amazing Year appeared first on Tekedia.
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China Quietly Imposes 50% Domestic Equipment Rule on Chipmakers as Self-Reliance Drive Deepens
China has begun requiring semiconductor manufacturers to source at least half of the equipment used in new or expanded production lines from domestic suppliers, according to three people familiar with the policy, who spoke to Reuters. The move marks one of Beijing’s most forceful steps yet to reduce reliance on foreign technology. The requirement, which […] The post China Quietly Imposes 50% Domestic Equipment Rule on Chipmakers as Self-Reliance Drive Deepens appeared first on Tekedia.
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Octopus Energy to Spin Out Kraken Technologies After $1bn Funding, Paving Way for Potential IPO
British renewable energy group Octopus Energy is moving closer to a major corporate milestone after securing $1 billion in funding for its artificial intelligence and software arm, Kraken Technologies. The deal values the business at $8.65 billion and lays the groundwork for a potential public listing by mid-2026. The planned spin-out, confirmed late Monday by […] The post Octopus Energy to Spin Out Kraken Technologies After $1bn Funding, Paving Way for Potential IPO appeared first on Tekedia.
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Citi Board Clears Exit From Russia With $1.2bn Hit Following AO Citibank’s Sale Approval
Citigroup has moved closer to fully exiting Russia after its board approved the sale of AO Citibank, its Russian subsidiary, to investment firm Renaissance Capital, a deal that will crystallize a pre-tax loss of about $1.2 billion, largely driven by currency translation effects. The U.S. lender said on Monday that the transaction is expected to […] The post Citi Board Clears Exit From Russia With $1.2bn Hit Following AO Citibank’s Sale Approval appeared first on Tekedia.
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How Bari Keenam made job rejections a competitive sport to secure global tech roles
Bari Keenam turned 200 job rejections a month into a competitive sport to land roles at Snapchat and Lyft. Learn how a "tough skin" and the audacity of UNILAG's tech circle help African talent navigate the global job market.
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U.S. Grants Samsung and SK Hynix One-year License To Ship Chipmaking Tools to China
The U.S. government has granted Samsung Electronics and SK Hynix annual licenses allowing them to import American chip manufacturing equipment into their Chinese factories through 2026, offering limited relief to the South Korean chipmakers as Washington tightens its export control regime. But the decision is believed to offer short-term operational certainty and signals a more […] The post U.S. Grants Samsung and SK Hynix One-year License To Ship Chipmaking Tools to China appeared first on Tekedia.
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Silver Surges Again After Historic Whipsaw, But Analysts Warn Momentum May Fade in 2026
Silver extended its extraordinary run on Tuesday, rebounding sharply after a violent selloff a day earlier, as investors continued to pour into precious metals in search of protection from currency weakness and policy uncertainty tied to U.S. President Donald Trump’s trade agenda. March silver futures jumped as much as 5.3% to $74.17 an ounce by […] The post Silver Surges Again After Historic Whipsaw, But Analysts Warn Momentum May Fade in 2026 appeared first on Tekedia.
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SoftBank Completes $40bn OpenAI Bet, Cementing One of the Largest AI Investments in History
SoftBank has completed its sweeping $40 billion investment commitment to OpenAI, marking a defining moment in the global race to dominate artificial intelligence infrastructure and applications, sources familiar with the matter told CNBC. According to people close to the transaction, the Japanese investment group transferred a final tranche of between $22 billion and $22.5 billion […] The post SoftBank Completes $40bn OpenAI Bet, Cementing One of the Largest AI Investments in History appeared first on Tekedia.
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The Best New Year Resolution!
I do not believe in New Year resolutions. It is an illusion to think that flipping a digit, from 2025 to 2026, will magically deliver new outcomes when you have not examined, redesigned, and deepened what truly matters: your processes. Good People, one of the greatest victories in life is the victory over time. Time […] The post The Best New Year Resolution! appeared first on Tekedia.
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Why 66,000 Starlink users in Nigeria must complete biometric update before 2026
Starlink confirmed the requirement in an email sent to customers on Monday, December 29, 2025, noting that the verification process takes “less than two minutes.” The company warned that subscribers who fail to submit their details by the December 31 deadline will have their service suspended. Reactivation, it added, will depend on network capacity in the subscriber’s location, meaning some users may not be able to restore service if their area is already at capacity.
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The Flow Blockchain Suffered a Security Exploit Resulting to $3.9M Losses
The Flow blockchain suffered a security exploit in its execution layer, allowing an attacker to mint unauthorized tokens including FLOW, wrapped BTC, ETH, and stablecoins and drain approximately $3.9 million in assets. The funds were primarily bridged out via protocols like Celer, deBridge, Relay, and Stargate before validators coordinated a network halt to prevent further […] The post The Flow Blockchain Suffered a Security Exploit Resulting to $3.9M Losses appeared first on Tekedia.
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Key Implications of Uniswap’s UNIfication and Fee Changes
Uniswap Labs has officially removed all interface fees previously charged on the Uniswap web app, mobile wallet, and API from their front-end products. This change took effect around December 27–29, 2025, as part of the “UNIfication” governance proposal execution. The UNIfication proposal passed overwhelmingly on December 25, 2025— 99.9% approval. After a short timelock, on-chain […] The post Key Implications of Uniswap’s UNIfication and Fee Changes appeared first on Tekedia.
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Hyperliquid Wraps EOY with $844M in Annual Revenue Amid Low Revenue During Christmas Holiday
Hyperliquid, a leading decentralized perpetuals exchange, wrapped up 2025 strongly with ~$844 million in annual revenue primarily from perps trading fees and ~$2.95 trillion in cumulative trading volume, per data from sources like DefiLlama, Hyperscreener, and ASXN. However, activity cooled in late December amid broader market consolidation and rising competition from platforms like Lighter and […] The post Hyperliquid Wraps EOY with $844M in Annual Revenue Amid Low Revenue During Christmas Holiday appeared first on Tekedia.
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