Naija News Feed
Technology
Nigeria to spend $6.1 million on consultants for national fibre project
Nigeria will spend $6.1 million on seven consulting firms and five individual consultants to support the rollout of its national fibre expansion project
TechCabal -
How TeamApt got inside Nigeria’s payment rails
When Tosin Eniolorunda brought Dennis Ajalie into TeamApt as a senior business development officer in 2018, the company was still building software for financial institutions.
TechCabal -
KOKO Networks’ UK carbon arm hit $50.5 million revenue, then fell apart over a Kenyan permit
Accounts for KOKO Networks (UK) Ltd show turnover jumped to £39.8 million ($50.5 million) in 2024 from £1.8 million ($2.3 million) a year earlier.
TechCabal -
Petrol pain is driving South Africans into Chinese hybrids
Rising fuel costs are pushing more South Africans to consider hybrid vehicles instead of fully electric cars, according to Yazi’s March 2026 SA Fuel & Energy Sentiment Study, which found that consumers are prioritising cost savings, flexibility and energy security over a full transition to EVs. The study found that 75% of respondents said global […] The post Petrol pain is driving South Africans into Chinese hybrids appeared first on Tech In Africa.
Tech In Africa -
littlefish raises $9.5 million to scale its merchant operating system across Africa
littlefish, the South African startup building financial infrastructure for small businesses, has raised a $9.5 million Series A round to scale its merchant operating system and expand across Africa.
TechCabal -
Airtel Africa Announces Successful Data and Messaging Testing of Starlink Mobile in Kenya
Airtel Africa and SpaceX have completed successful testing of Starlink Mobile’s data and messaging services in Kenya, marking a concrete step toward bringing satellite-to-mobile connectivity to areas without terrestrial network coverage. The testing took place in locations with no existing mobile signal. In these zones, Starlink Mobile activated seamlessly on 4G-compatible smartphones, connecting users to […] The post Airtel Africa Announces Successful Data and Messaging Testing of Starlink Mobile in Kenya appeared first on Tech In Africa.
Tech In Africa -
How To Invest In African Startups: A Practical Guide
How To Invest In African Startups: A Practical Guide This guide explains how to invest in African startups, from choosing an entry route and doing due diligence to managing risk and finding credible deal flow. It also highlights why the market matters now and what smart investors should watch next. TechCity
Tech City NG -
”Biometric SIM registration could stop billions lost to fraud”
Telecommunications fraud costs the country more than R5.3 billion a year, according to the Communications Risk Information Centre’s 2025 Telecommunications Sector Report, with close to 60% of mobile banking fraud linked to SIM-swap attacks. SIM-swap fraud allows criminals to hijack a person’s phone number and intercept one-time two-factor authentication passwords used for banking and other […]
IT News Africa -
👨🏿‍🚀TechCabal Daily – Orda is up at Moniepoint
In today's edition: Moniepoint acquires Orda || Legend Internet to merge with Spectranet || Kenyan SMEs face 16% VAT || SA’s GoMetro to launch e-buses in October
TechCabal -
Synopsys Shares Surge as Elliott Investment Management Builds Multibillion-Dollar Stake Amid AI-Driven Chip Boom
Shares of Synopsys climbed roughly 4% on Monday after activist investor Elliott Investment Management disclosed it had built a multibillion-dollar stake in the electronic design automation (EDA) firm. The move is believed to indicate growing investor confidence in Synopsys as demand for advanced chip design tools accelerates alongside the AI revolution. Jesse Cohn, managing partner […] The post Synopsys Shares Surge as Elliott Investment Management Builds Multibillion-Dollar Stake Amid AI-Driven Chip Boom appeared first on Tekedia.
Tekedia -
Appeals Court Hands Intuit a Major Win, Undercuts FTC Enforcement Power in TurboTax Case
A federal appeals court has dealt a sharp rebuke to the Federal Trade Commission, ruling that its attempt to sanction Intuit over TurboTax advertising cannot proceed through the agency’s in-house tribunal. According to Arstecnica, the unanimous decision by the U.S. Court of Appeals for the Fifth Circuit does not clear Intuit of wrongdoing. Instead, it […] The post Appeals Court Hands Intuit a Major Win, Undercuts FTC Enforcement Power in TurboTax Case appeared first on Tekedia.
Tekedia -
Siemens CEO Roland Busch Warns Iran War Is Throttling Industrial Investment as Raw Material and Energy Costs Surge
Siemens AG’s CEO Roland Busch said Monday that the ongoing U.S.-Israeli war with Iran is causing customers to delay or cancel new industrial projects as prices for raw materials and energy climb sharply. The conflict, now in its fourth week, has severely restricted shipping through the Strait of Hormuz, the critical chokepoint handling roughly 20% […] The post Siemens CEO Roland Busch Warns Iran War Is Throttling Industrial Investment as Raw Material and Energy Costs Surge appeared first on Tekedia.
Tekedia -
 
 
Helion In Discussions To Supply Electricity To Openai, Highlighting AI’s Growing Energy Problem
The race to dominate artificial intelligence is beginning to collide with a more fundamental constraint: power. As data centers expand and computing loads surge, the question is shifting from how fast AI can scale to whether the energy system can keep up. That tension is now drawing some of the industry’s most ambitious bets into […] The post Helion In Discussions To Supply Electricity To Openai, Highlighting AI’s Growing Energy Problem appeared first on Tekedia.
Tekedia -
Anthropic’s Clash With Pentagon Draws Political Fire, Raises Stakes in AI–Military Boundaries
A widening dispute between Anthropic and the U.S. Department of Defense is fast becoming a defining test of how far Washington can push private technology firms to align with military objectives. The confrontation began after the Pentagon designated Anthropic a “supply-chain risk,” a classification typically reserved for foreign adversaries. The move effectively bars the company […] The post Anthropic’s Clash With Pentagon Draws Political Fire, Raises Stakes in AI–Military Boundaries appeared first on Tekedia.
Tekedia -
Goldman Lifts Oil Forecast to $85 Per Barrel as Iran War Threatens Global Supply
Goldman Sachs has lifted its oil price outlook for 2026, warning that mounting geopolitical tensions around the Strait of Hormuz are pushing crude markets into a more fragile and risk-sensitive phase, with the potential for sharp price spikes if supply disruptions persist. In a note issued late Sunday, the bank raised its forecast for Brent […] The post Goldman Lifts Oil Forecast to $85 Per Barrel as Iran War Threatens Global Supply appeared first on Tekedia.
Tekedia -
Grab Acquires Foodpanda’s Taiwan Operations for $600m in Cash, Marking First Expansion Outside Southeast Asia
Grab Holdings Limited announced Monday that it has agreed to purchase Delivery Hero’s Foodpanda business in Taiwan for $600 million in cash, subject to regulatory approval. The transaction is Grab’s first major step beyond its traditional Southeast Asian footprint and positions the Singapore-based ride-hailing and delivery platform as a dominant player in one of Asia’s […] The post Grab Acquires Foodpanda’s Taiwan Operations for $600m in Cash, Marking First Expansion Outside Southeast Asia appeared first on Tekedia.
Tekedia -
Singapore’s FM Warns Asia Faces ‘Crisis Moment’ as Iran War Chokes Energy Flows, Signaling Wider Economic Fallout
The economic shock from the war involving the United States and Iran is no longer confined to the Middle East. It is spreading outward with increasing impacts, unsettling energy markets, disrupting industrial supply chains, and raising the prospect of a broader global downturn. At the center of that concern is the Strait of Hormuz, now […] The post Singapore’s FM Warns Asia Faces ‘Crisis Moment’ as Iran War Chokes Energy Flows, Signaling Wider Economic Fallout appeared first on Tekedia.
Tekedia -
Stocks Rally, Oil Slumps 8% on Trump’s Peace Signal, but Markets Question Durability of Breakthrough
Global markets swung sharply on Monday after Donald Trump said the United States and Iran had held “productive” discussions on ending hostilities, offering the first hint of a possible de-escalation in a conflict that has roiled energy markets for weeks. Oil prices reacted immediately. U.S. West Texas Intermediate crude fell about 8% to near $90 […] The post Stocks Rally, Oil Slumps 8% on Trump’s Peace Signal, but Markets Question Durability of Breakthrough appeared first on Tekedia.
Tekedia -
Building a Tech Startup: A First Steps Guide for Aspiring Founders
Building a Tech Startup: A First Steps Guide for Aspiring Founders Every major tech company you admire today started as nothing more than an idea in someone’s head and… TechCity
Tech City NG -
SEC Drops Four-Year Probe Into Faraday Future, Clearing Founder Jia Yueting and Executives After SPAC Merger and Sales Scrutiny
The Securities and Exchange Commission has quietly shut down its long-running investigation into Faraday Future Intelligent Electric without bringing any enforcement action against the electric vehicle startup or its executives, including founder Jia Yueting, according to multiple people familiar with the case who spoke to TechCrunch. The closure, confirmed to Faraday Future and those involved […] The post SEC Drops Four-Year Probe Into Faraday Future, Clearing Founder Jia Yueting and Executives After SPAC Merger and Sales Scrutiny appeared first on Tekedia.
Tekedia -
Nigeria Leads Africa in AI Surveillance Spending with $470m, but it Raises Hard Questions About Security
Nigeria has quietly built one of Africa’s most expansive AI-driven surveillance networks, committing more than $470 million to facial recognition and vehicle tracking systems. The scale of that investment now places the country at the top of the continent’s spending league, according to a March 2026 study by the Institute of Development Studies. Across 11 […] The post Nigeria Leads Africa in AI Surveillance Spending with $470m, but it Raises Hard Questions About Security appeared first on Tekedia.
Tekedia -
Gold Plunges to Four-Month Low as War-Driven Rate Fears Trigger Historic Selloff, but Bulls Urge Calm
Gold prices tumbled sharply on Monday, extending a historic rout as investors recalibrated expectations for global interest rates amid an escalating conflict involving Iran and its regional rivals. Spot gold fell as much as 8% intraday to $4,097.99 per ounce, its lowest level since November, before trimming losses to trade around $4,203.21. The decline marks […] The post Gold Plunges to Four-Month Low as War-Driven Rate Fears Trigger Historic Selloff, but Bulls Urge Calm appeared first on Tekedia.
Tekedia -
Ome na Unwu: Finding Greatness in Seasons of Scarcity
The future is abundant. What constrains it is not possibility, but the limits of today’s knowledge. When you fill your mind with optimism, you unlock the energy required to achieve. Greatness begins with awareness, the discipline to observe, learn, and act. But a mind held captive by hopelessness will see darkness even in broad daylight. […] The post Ome na Unwu: Finding Greatness in Seasons of Scarcity appeared first on Tekedia.
Tekedia -
‘We could deploy $80 million a year through angel investing’ — ABAN CEO on fixing early-stage capital
Even as global VC funding in Africa slows down, ABAN's local networks keep deals moving. At the centre of all this is Fadilah Tchoumba, ABAN's CEO and the fund manager for Catalytic Africa. 
TechCabal -
 
 
Nigerian crypto startup Roqqu draws 30,000 users to its futures product
The locally-built futures contract, which launched in beta in December 2025 and is now out of beta, continues Roqqu's push beyond its core buy, sell, and swap offering into a broader suite of advanced trading tools.
TechCabal -
Musk Unveils ‘Terafab’ Chip Plan in Texas, Betting on Vertical Integration to Power AI, Robots, and Space
Elon Musk has taken his most direct step yet toward controlling the supply of computing power that underpins his expanding empire, outlining plans for a semiconductor facility in Austin that would be jointly run by Tesla and SpaceX, per Bloomberg. The project, dubbed “Terafab,” is being pitched as a response to what Musk sees as […] The post Musk Unveils ‘Terafab’ Chip Plan in Texas, Betting on Vertical Integration to Power AI, Robots, and Space appeared first on Tekedia.
Tekedia -
OpenAI Set to Double Workforce by End of The Year, to Strengthen Position in The Evolving Enterprise AI Market
Artificial intelligence start-up OpenAI is reportedly preparing for a significant organizational expansion, with plans to nearly double its workforce to approximately 8,000 employees by the end of 2026, according to a report by the Financial Times. The hiring push reflects a broader strategic shift as the company accelerates efforts to strengthen its position in the […] The post OpenAI Set to Double Workforce by End of The Year, to Strengthen Position in The Evolving Enterprise AI Market appeared first on Tekedia.
Tekedia -
Best Business Process Services Companies in 2026
The business process outsourcing market has long outgrown the stereotype of simply offloading paperwork to cheaper hands. In 2026, companies worldwide are rethinking their operational models under pressure from multiple directions at once — rising costs, persistent talent shortages, growing regulatory burdens, and the demand for faster digital transformation. BPS companies have shifted from service […] The post Best Business Process Services Companies in 2026 appeared first on Tech In Africa.
Tech In Africa -
New Online Casinos for Players from Canada: A Review of Bonus Programs
With new platforms entering the market every now and then, the online casino market in Canada has grown tremendously over the years. Because of the sheer number of platforms available, competition has also increased, with every platform looking for a way to draw players to itself. ??????? – 2026-03-20T152147.363.png One common way these casinos attract […] The post New Online Casinos for Players from Canada: A Review of Bonus Programs appeared first on Tekedia.
Tekedia -
Legend Internet is merging with Spectranet in a broadband consolidation play
Legend Internet Plc, the first Nigerian internet service provider listed on the Nigerian Exchange, plans to merge with Spectranet, Nigeria’s largest ISP by subscribers
TechCabal -
CcHUB launches GATEWAY to train 340,000 Nigerians for global gig work 
CcHUB wants to train 340,000 Nigerians across 10 states in digital marketing, graphic design, UI/UX design, and video production and editing.
TechCabal -
Unlocking Growth with the One Oasis Strategy
The One Oasis Strategy is a business concept built on a simple but powerful idea: when a company identifies and invests in its most strategic product, the “oasis” in its ecosystem, it can unlock growth and value across the entire organization. Like an oasis in a desert, this core product becomes the anchor that sustains […] The post Unlocking Growth with the One Oasis Strategy appeared first on Tekedia.
Tekedia -
Oil Set for Fresh Surge as U.S.–Iran Threats Raise Fears of Hormuz Shutdown and Wider Economic Fallout
Oil markets head into the new trading week on edge after a sharp escalation in rhetoric between Washington and Tehran, with traders now forced to price in the possibility of a direct disruption to flows through the Strait of Hormuz. Crude has already staged a rapid climb, moving from about $70 a barrel to above […] The post Oil Set for Fresh Surge as U.S.–Iran Threats Raise Fears of Hormuz Shutdown and Wider Economic Fallout appeared first on Tekedia.
Tekedia -
Ericsson Appoints Country Head of South Africa
Ericsson today announces the appointment of Siseko Ngxola as Head of Ericsson South Africa. Ngxola has over 20 years of extensive experience in the telecommunications sector, having held various pivotal roles across different countries and industry segments. His career includes senior positions such as Head of Sales for Market Vertical and Enterprise, Sales Executive for […]
IT News Africa -
Moniepoint Acquires ORDA to Deepen Restaurant-Focused Financial And Business Solutions in Africa
Moniepoint, a Nigerian fintech unicorn, has acquired ORDA, a vertically integrated restaurant software provider in Sub-Saharan Africa, in a move aimed at delivering specialised business solutions to the food service industry. Explaining the rationale behind the acquisition, Moniepoint reiterated that its mission is to create a world where every African can experience financial happiness. Over […] The post Moniepoint Acquires ORDA to Deepen Restaurant-Focused Financial And Business Solutions in Africa appeared first on Tekedia.
Tekedia -
Moniepoint Acquires Orda Africa to Power Africa’s Fast-Growing Restaurant Economy
,Moniepoint Inc, Africa’s all-in-one financial ecosystem platform for individuals, businesses and their customers, today announced the acquisition of Orda Africa (“Orda”), a leading cloud-based restaurant management platform operating in Nigeria. Under the terms of this acquisition, Orda will become part of the Moniebook platform, Moniepoint’s all-in-one Point-of-Sale (POS) and business management platform. Since launching its business management tools product […] The post Moniepoint Acquires Orda Africa to Power Africa’s Fast-Growing Restaurant Economy appeared first on Tech In Africa.
Tech In Africa -