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Technology
Bitcoin Faces Fresh Selling Pressure After Nine Straight Days of ETF Outflows
Bitcoin’s institutional investment narrative faced renewed pressure as U.S. spot Bitcoin exchange-traded funds (ETFs) recorded approximately $230 million in net outflows, extending their losing streak to nine consecutive trading days. At the same time, reports that the Winklevoss twins, founders of the Gemini cryptocurrency exchange, had sold a portion of their Bitcoin holdings added another […] The post Bitcoin Faces Fresh Selling Pressure After Nine Straight Days of ETF Outflows appeared first on Tekedia.
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Global Manufacturing Shows Resilience as AI Demand Cushions Asia While Europe Navigates Energy Shock, PMIs Show
Manufacturing activity across major economies demonstrated notable resilience last month, with Europe recording its strongest quarter since early 2022 and Asian producers receiving a significant lift from the ongoing artificial intelligence investment boom, according to business surveys released on Wednesday. The data offered some reassurance amid the lingering effects of the U.S.-Israeli conflict with Iran, […] The post Global Manufacturing Shows Resilience as AI Demand Cushions Asia While Europe Navigates Energy Shock, PMIs Show appeared first on Tekedia.
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EU Targets Shein, Temu and AliExpress With New €3 Import Fees as Bloc Tightens Rules on Chinese E-Commerce
The European Union has taken another major step to curb the rapid expansion of Chinese ultra-low-cost online retailers, introducing new import fees on small parcels that had long entered the bloc duty-free. The measure marks the latest escalation in a global crackdown on business models used by platforms such as Shein, Temu and Alibaba-owned AliExpress, […] The post EU Targets Shein, Temu and AliExpress With New €3 Import Fees as Bloc Tightens Rules on Chinese E-Commerce appeared first on Tekedia.
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Companies Rehire Workers After AI-First Strategies Fall Short, Raising Questions About Long-Term Automation Bets
After two years of aggressive cost-cutting and promises that artificial intelligence would replace large sections of the workforce, a growing number of companies are reversing course, rehiring employees after discovering that AI systems still struggle with complex, judgment-based and customer-facing tasks. The trend is emerging at a time when investors are questioning how quickly companies […] The post Companies Rehire Workers After AI-First Strategies Fall Short, Raising Questions About Long-Term Automation Bets appeared first on Tekedia.
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Abu Dhabi’s MGX Closes $49bn AI Fund as Global Capital Rush Into Artificial Intelligence Accelerates
Abu Dhabi-based investment firm MGX has closed a $49 billion artificial intelligence investment fund, creating one of the largest dedicated AI investment vehicles ever assembled as global investors intensify their race to finance the next generation of AI companies and infrastructure. The fund, announced on Wednesday, exceeded its original $45 billion fundraising target, attracting institutional […] The post Abu Dhabi’s MGX Closes $49bn AI Fund as Global Capital Rush Into Artificial Intelligence Accelerates appeared first on Tekedia.
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Knowlix AI Launches an AI Teammate to Simplify SME Operations Across Africa
Knowlix AI has introduced an AI powered business platform designed to support small businesses across 29 African countries and several other markets worldwide. The Munich based startup said its platform enables businesses to manage customer relationships, invoicing, inventory, projects, and other back office operations from a single system. At launch, the platform will be available […] The post Knowlix AI Launches an AI Teammate to Simplify SME Operations Across Africa appeared first on Tech In Africa.
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Climate Adaptation Leads as Village Capital Invests USD 500K Across Africa
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Open Startup Unveils New Strategy to Drive Research Led Innovation Across Africa
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1001 Strengthens GCC AI Ambitions With $30 Million Series A Funding
Sovereign AI company 1001, with operations across the GCC and London, has secured $30 million in a Series A funding round led by Lux Capital. The investment also attracted participation from PIF owned Sanabil Investments, 9Yards, and Hanabi, while existing investors General Catalyst, CIV, and Stanford AI researcher Chris Ré increased their commitments. The round […] The post 1001 Strengthens GCC AI Ambitions With $30 Million Series A Funding appeared first on Tech In Africa.
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Catalyst Fund completes $30 million second close to back Africa’s climate-tech startups
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Is the Infinix Note 50 still worth buying in 2026?
A year later, the Infinix Note 60 has arrived, and the Note 50's price has fallen sharply, making it worth a second look.
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Tech Wins H1 Rally, But Wall Street Not in the Lead as AI Boom Powers Emerging Markets and Semiconductor Stocks
The global technology rally gathered remarkable momentum in the first half of 2026, but the biggest winners were no longer America’s trillion-dollar technology giants. Instead, investors increasingly rotated into semiconductor manufacturers, AI infrastructure suppliers and international technology stocks, signaling that the artificial intelligence investment boom is broadening well beyond Silicon Valley. While U.S. Big Tech […] The post Tech Wins H1 Rally, But Wall Street Not in the Lead as AI Boom Powers Emerging Markets and Semiconductor Stocks appeared first on Tekedia.
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Regal Rexnord Emerges as AI Infrastructure Play as Kerrisdale Sees 81% Upside
Investment firm Kerrisdale Capital, best known for its high-profile short-selling campaigns, has shifted to a bullish stance on industrial automation company Regal Rexnord, arguing that Wall Street is significantly undervaluing a business that sits at the intersection of two of the fastest-growing technology themes: artificial intelligence data centers and humanoid robotics. In a report published […] The post Regal Rexnord Emerges as AI Infrastructure Play as Kerrisdale Sees 81% Upside appeared first on Tekedia.
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Afreximbank says Spiro investment signals Africa’s battery ambitions
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Why Cold Storage Infrastructure Depends On High Performance Insulated Metal Panels
Holding items like food, medicine, or certain chemicals requires spaces that stay cold without fail. From vegetables to vaccines, consistency matters most when surroundings never waver. A minor shift in warmth might compromise freshness, cause early spoilage, or bring financial setbacks. Because reliability is non-negotiable, each component within such structures supports steady performance. A critical […] The post Why Cold Storage Infrastructure Depends On High Performance Insulated Metal Panels appeared first on Tekedia.
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Why Every HR Leader Should Be Paying Attention to AI in 2026
Artificial intelligence is no longer a future trend in Human Resources—it is rapidly becoming the engine behind modern recruitment, learning, employee engagement and workforce planning. Across South Africa, HR leaders are under pressure to hire faster, retain top talent, improve employee wellbeing and deliver measurable business value, often with limited resources. At the same time, […]
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Nigeria heads into 2027 election worried about AI, report warns it’s unprepared
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Engineering resilience into Africa’s energy future
Africa’s energy transition is often discussed in terms of generation capacity, investment pipelines, and megawatts added to the grid. While these metrics matter, they only tell part of the story. The real challenge facing the continent is not simply producing more electricity. It is building resilient, integrated infrastructure systems that can support long-term economic and […]
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Novastar joins Google Africa Applied AI Lab to back startups
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Battery rentals spread from South Africa to Nigeria as energy costs rise
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Kenya court says restructuring alone cannot justify layoffs, raising startup risks
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Packard Bell Debuts First Smartphone, Unveils Industry-First AI-Generated Ad Campaign
Packard Bell has entered the smartphone market with the launch of its first handset, the Daytona G16 Pro, an Android-powered device aimed at consumers seeking premium features at an affordable price. The launch also marks another first for the brand: a fully AI-generated advertising campaign. Developed using artificial intelligence from concept and scriptwriting through to […]
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Payments are costing online businesses more than they think
Nobody builds an online store hoping customers will give up at the last click. Yet that is exactly where too many businesses still lose sales: the customer was ready to buy and the business had already done the hard part, but then the checkout got in the way. Payments should be central to how African […]
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Binance Surpasses $1 Billion in Assets Under Management for Stocks Trading in 30 Days
Binance, a leading blockchain ecosystem and digital asset infrastructure provider, today announced that stock trading on its platform has surpassed $1 billion in assets under management (AUM) in 30 days since launch. The milestone is accompanied by more than $3 billion in total trading volume since the product went live on June 1, 2026.  Stock […]
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Enterprises Begin Reining in AI Spending as Token Costs Mount, UBS Analysts Find, Signaling a Maturing Phase in Corporate Adoption
Executives at large companies are becoming increasingly mindful of escalating AI-related expenses, with roughly 60% of enterprises now implementing some form of guardrails to manage or throttle their spending, according to recent conversations with IT leaders compiled by UBS analysts. In a report released this week, UBS analysts Karl Keirstead, Timothy Arcuri, Taylor McGinnis, and […] The post Enterprises Begin Reining in AI Spending as Token Costs Mount, UBS Analysts Find, Signaling a Maturing Phase in Corporate Adoption appeared first on Tekedia.
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Trump’s Crypto Wealth Signals a New Era for Digital Finance
U.S. President Donald Trump has once again demonstrated the growing intersection between politics, branding, and digital finance. Recent financial disclosures indicate that Trump has generated an estimated $1.1 billion in crypto-related wealth through a combination of the TRUMP memecoin, non-fungible token (NFT) collections, and sales connected to World Liberty Financial (WLFI). The filings also reveal […] The post Trump’s Crypto Wealth Signals a New Era for Digital Finance appeared first on Tekedia.
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Binance Suspends EU Access as MiCA Transitional Deadline Arrives While Backpack Secures Regulatory Approval
The European cryptocurrency market is entering a new era of regulation as the transitional deadline under the Markets in Crypto-Assets (MiCA) framework takes effect. One of the most significant developments accompanying this milestone is Binance’s decision to suspend access to certain services for users in the European Union, while the emerging cryptocurrency exchange Backpack has […] The post Binance Suspends EU Access as MiCA Transitional Deadline Arrives While Backpack Secures Regulatory Approval appeared first on Tekedia.
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Why Social Media Believes Bitcoin Has Found Its Bottom
Every major Bitcoin correction brings with it a familiar wave of optimism. As prices tumble, social media fills with confident declarations that the market has reached its lowest point. Influencers post bullish charts, traders announce aggressive buying strategies, and long-term holders encourage others to buy the dip. Today is no different. Across timelines on X, […] The post Why Social Media Believes Bitcoin Has Found Its Bottom appeared first on Tekedia.
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South Korea’s Exports Surge to Record $102bn as AI Chip Boom Delivers Fastest Growth Since 1978
South Korea’s exports surged at their fastest pace in nearly five decades in June, as the global artificial intelligence investment boom continues to reshape international trade, with soaring demand for advanced semiconductors, AI servers and data center infrastructure powering record overseas shipments. The latest figures reinforce South Korea’s position at the center of the AI […] The post South Korea’s Exports Surge to Record $102bn as AI Chip Boom Delivers Fastest Growth Since 1978 appeared first on Tekedia.
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Nigeria’s new identity law turns NIMC into the country’s digital trust authority
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Cyber resilience moves from IT issue to board risk
Cybersecurity has shifted decisively from an IT concern to a core business risk, and South African organisations are feeling this change acutely. The World Economic Forum’s Global Cybersecurity Outlook 2026 in collaboration with Accenture, highlights a global environment where cyber risk is intensifying in scale, complexity and impact. Over the past year, these pressures have […]
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India asks Meta to delay WhatsApp username rollout over fraud concerns
Key points Main Story The Indian government has asked Meta to postpone the rollout of WhatsApp’s upcoming username feature over concerns that it could increase online fraud and impersonation attacks. The request comes as authorities intensify efforts to combat a sharp rise in cybercrime, with fraudsters increasingly exploiting low levels of digital literacy among internet […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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👨🏿‍🚀TechCabal Daily – Nigeria’s Central Bank is cleaning house
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Does Your Phone Cause Anxiety in 2026? What the Research Really Says
Does Your Phone Cause Anxiety in 2026? What the Research Really Says It’s become a familiar routine. You pick up your phone to reply to one message. Twenty minutes later,… TechCity
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What Are You Building in Nigeria?
In the first half of the year, Tekedia Capital has invested in about two dozen companies across the world. Now, we are looking for more opportunities in Nigeria. Our preference is for companies solving foundational market frictions. Yes, businesses that can eventually become platforms powering entire ecosystems and creating new bases of competition. We are […] The post What Are You Building in Nigeria? appeared first on Tekedia.
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Australia Weighs Major Overhaul of Big Four Accounting Firms Amid Series of High-Profile Scandals Eroding Public Trust
The Australian government is contemplating sweeping changes to the country’s accounting industry, including potentially breaking up the Big Four firms and bringing them under the oversight of the corporate regulator, in response to a string of damaging scandals that have shaken confidence in the sector. The proposals, detailed in an options paper released by the […] The post Australia Weighs Major Overhaul of Big Four Accounting Firms Amid Series of High-Profile Scandals Eroding Public Trust appeared first on Tekedia.
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