Naija News Feed
Technology
Kazang Partners with SA Digital Bank to Boost Accessible Financing to Licensed Taverns
Kazang, the prepaid value-added services (VAS) and card acquiring business within JSE-listed fintech Lesaka Technologies, has partnered with TymeBank to provide flexible working capital advances to licensed taverns and liquor outlets that use the Kazang point of sale (POS) devices. Merchants benefit from fast, flexible funding to grow their business, with no paperwork and no […]
IT News Africa -
The Ultimate Guide to the Best Free AI Fat and AI Age Filters Online
In today’s digital era, art⁠ificial intelligence (AI) i‌s transforming how w‌e see our‌selves and inter⁠act with images⁠.‌ Fro​m enhancing photos to visua‌lizing tra⁠ns‍formations in second‌s, AI tools⁠ have‌ ope‍ned doors to crea​tivity, fun,⁠ and self-discovery. Among t⁠hese i‌nnovations, the AI Fat F‍ilter‍ and‌ AI Age Fi‍lter stand⁠ out as two of the mo⁠st en‌gagi⁠ng and […]
IT News Africa -
👨🏿‍🚀TechCabal Daily – South Africa wants to tax betting
In today's edition: Momo partners with Thunes || South Africa wants to tax online betting || Lesaka finally acquires Bank Zero || Vodacom and Maziv seal the deal
TechCabal -
The Evolving Role of AI in Business Process Outsourcing
Little more than a year ago, AI was widely heralded as the absolute game-changer of business process outsourcing (BPO)—and as a potential wrecking ball for employment in the industry. AI was viewed as a universal solution poised to revolutionize every facet of our industry, but this was balanced by concern that such a powerful technological […]
IT News Africa -
Is Your Organisation Prepared for the Next Outage Coming?
Over the past year and a half, a series of major global IT disruptions—from a routine software update gone wrong to widespread DNS failures and configuration errors that brought down X, Zoom, Spotify, Canva, and ChatGPT, amongst others—has demonstrated a simple truth. No organization is immune to these challenges, not even the world’s largest technology providers. For African businesses, […]
IT News Africa -
Data centres – at the core of today’s healthcare
Benjamin Franklin famously said: “An investment in knowledge always pays the best interest”. This could not be more applicable when it comes to the collection and utilisation of data. And at the heart of this knowledge and resultant information lies the data centre. Today, most organisations depend on data centres in some capacity, with critical […]
IT News Africa -
Oni-Tel Unveils High-Speed Fibre Backbone to Transform Gauteng Connectivity
Oni-Tel Fibre Networks, a South African fibre optic infrastructure provider, has launched its new Inter-Data Centre Fibre Network, with Digital Parks Africa (DPA) as its first point of presence (PoP). The rollout marks a major step in strengthening Gauteng’s digital backbone and enabling faster, more reliable interconnectivity between key data hubs. Speaking at the launch, […]
IT News Africa -
HPE Secures Defense Department $931m Cloud Contract as Pentagon Navigates “War Department” Rebrand
Hewlett Packard Enterprise (HPE) announced on Tuesday that it has secured a $931 million contract to provide cloud services for the Defense Information Systems Agency (DISA). The deal, aimed at creating a rapidly deployable cloud environment for “warfighters,” comes at a moment of profound symbolic and structural transition for the Pentagon, following President Donald Trump’s […] The post HPE Secures Defense Department $931m Cloud Contract as Pentagon Navigates “War Department” Rebrand appeared first on Tekedia.
Tekedia -
Unlike Nigeria, Ghana Cuts Benchmark Rate to 18% as Inflation Drops to Its Lowest Level in Over Four Years
The Bank of Ghana has lowered its benchmark rate by 350 basis points to 18 percent, the third successive cut, as inflation tumbles and economic conditions ease. Governor Johnson Asiama, speaking in Accra, said the decision reflected improved real interest rate conditions and a sustained outlook for stable inflation through mid-2026. The governor explained that […] The post Unlike Nigeria, Ghana Cuts Benchmark Rate to 18% as Inflation Drops to Its Lowest Level in Over Four Years appeared first on Tekedia.
Tekedia -
Apple Poised to Overtake Samsung in 2025 Smartphone Shipments for the First Time Since 2010, Counterpoint Says
Apple is on track to ship more smartphones than Samsung in 2025, marking the first time in 14 years the iPhone maker will displace its long-time rival at the top of the global market, according to new data from Counterpoint Research. The research firm told CNBC that Apple is projected to ship around 243 million […] The post Apple Poised to Overtake Samsung in 2025 Smartphone Shipments for the First Time Since 2010, Counterpoint Says appeared first on Tekedia.
Tekedia -
Implications of Klarna’s KlarnaUSD Launch on Tempo Blockchain
Klarna, the Sweden-based digital bank and buy-now-pay-later giant, announced the launch of KlarnaUSD, its first stablecoin. This USD-pegged token is designed to enable faster and lower-cost cross-border payments, targeting Klarna’s massive user base of over 114 million customers and $112 billion in annual gross merchandise volume (GMV). The announcement marks a significant pivot for Klarna, […] The post Implications of Klarna’s KlarnaUSD Launch on Tempo Blockchain appeared first on Tekedia.
Tekedia -
Solana and Ethereum ETFs Continue to See Inflows While BTC ETFs See Outflows
Spot exchange-traded funds (ETFs) for Solana (SOL) and Ethereum (ETH) have been recording consistent net inflows over the past few weeks, driven by institutional interest in high-yield and growth-oriented assets. In contrast, Bitcoin (BTC) ETFs have faced substantial outflows amid broader market volatility, profit-taking, and macroeconomic pressures like tightening liquidity. This divergence highlights a rotation […] The post Solana and Ethereum ETFs Continue to See Inflows While BTC ETFs See Outflows appeared first on Tekedia.
Tekedia -
 
 
Bitcoin Unstoppable, Warns Tether CEO Amid Growing Opposition
In a bold assertion about the future of Bitcoin, Tether CEO Paolo Ardoino has emphasized the crypto asset’s enduring resilience, noting that it will stand the test of time. According to Ardoino, despite efforts by various organizations to undermine it, Bitcoin will continue to thrive driven by people’s unwavering choice for financial freedom. In a […] The post Bitcoin Unstoppable, Warns Tether CEO Amid Growing Opposition appeared first on Tekedia.
Tekedia -
Polymarket Secures CFTC Approval for Regulated U.S. Operations
Polymarket announced that the U.S. Commodity Futures Trading Commission (CFTC) has issued an Amended Order of Designation, allowing the platform to operate as a fully regulated, intermediated prediction market exchange in the U.S. This marks a significant milestone, enabling Polymarket’s formal re-entry into the American market after a three-year hiatus imposed by regulatory scrutiny. Polymarket, […] The post Polymarket Secures CFTC Approval for Regulated U.S. Operations appeared first on Tekedia.
Tekedia -
NNPCL’s Revenue Soars to N45tn in 2024, But Financial Statement Reveals Troubling Details
The Nigerian National Petroleum Company Limited posted one of the strongest revenue years in its history, generating N29.21 trillion from crude oil sales in 2024 — more than double the N14.07 trillion reported in 2023. The company’s newly released audited financial statements show a sweeping rise across nearly every revenue stream, driven by increased crude […] The post NNPCL’s Revenue Soars to N45tn in 2024, But Financial Statement Reveals Troubling Details appeared first on Tekedia.
Tekedia -
xAI’s Latest Funding Push Targets $15 Billion Raise at $230B Valuation
Elon Musk’s xAI is in advanced discussions to raise approximately $15 billion in equity funding at a $230 billion pre-money valuation, according to multiple reports from late November 2025. This would more than double the company’s valuation from $113 billion, as disclosed during its all-stock merger with the social media platform X back in March […] The post xAI’s Latest Funding Push Targets $15 Billion Raise at $230B Valuation appeared first on Tekedia.
Tekedia -
Deutsche Bank’s Updates Gold and Silver Price Forecast for 2026
Deutsche Bank announced an upward revision to its gold price forecast for 2026, raising the average target to $4,450 per ounce from its previous estimate of $4,000 per ounce. This adjustment reflects the bank’s increasingly bullish outlook on the precious metal amid ongoing global economic uncertainties. Projected Average Price: $4,450/oz. Trading Range for 2026: $3,950–$4,950/oz. […] The post Deutsche Bank’s Updates Gold and Silver Price Forecast for 2026 appeared first on Tekedia.
Tekedia -
Tekedia Black Friday Offers You Don’t Want to Miss; Register Today!
In the spirit of the season, Tekedia Institute is pleased to announce special Black Friday deals across many of our programs. For a limited time, course fees have been significantly reduced. Below is the list of eligible programs along with discounted prices and payment instructions: Tekedia AI Lab: From Technical Design to Deployment [Next Begins Jan […] The post Tekedia Black Friday Offers You Don’t Want to Miss; Register Today! appeared first on Tekedia.
Tekedia -
Why Was the G20 a Triumph for South Africa & Africa, Despite the U.S. Boycott
The recent G20 summit in Johannesburg, which included a final declaration, transcended the anticipated geopolitical storms. Despite the highly publicized boycott by the U.S. administration, the summit can be deemed a success from South Africa’s perspective, serving as a demonstration of global multilateralism and elevating the country’s status on the world stage. South Africa’s participation […]
IT News Africa -
Unit Adds Spot Ethena to Hyperliquid, as MegaETH Experiences Issues with Pre-Deposit USDM Bridge
Unit, the decentralized asset tokenization protocol powering Hyperliquid’s spot markets, announced the launch of spot deposits, withdrawals, and trading for Ethena’s governance token, ENA, on Hyperliquid. This integration allows users to seamlessly bridge ENA into Hyperliquid’s ecosystem via Unit’s lock-and-mint mechanism, enabling native spot trading paired with USDC (ticker: ENA/USDC). It’s a significant step in […] The post Unit Adds Spot Ethena to Hyperliquid, as MegaETH Experiences Issues with Pre-Deposit USDM Bridge appeared first on Tekedia.
Tekedia -
Nevada Court Rules that Kalshi Can No Longer Offer Sports Contracts
U.S. District Judge Andrew P. Gordon in Las Vegas issued a 29-page ruling that dissolves a preliminary injunction he had previously granted to Kalshi Inc. in April 2025. This decision allows the Nevada Gaming Control Board (NGCB) to enforce its March 2025 cease-and-desist order against Kalshi, effectively requiring the prediction market platform to stop offering […] The post Nevada Court Rules that Kalshi Can No Longer Offer Sports Contracts appeared first on Tekedia.
Tekedia -
IMF Moves Toward Possible Fresh Reclassification of India’s FX Regime, as ABN Amro Plans to Cut over 5,000 Jobs
The International Monetary Fund (IMF) is preparing to reopen a contentious chapter in its relationship with Asia’s third-largest economy, with sources in Washington indicating that the multilateral lender is weighing a fresh reclassification of India’s foreign exchange rate regime. The move comes as the rupee experiences heightened volatility under the new leadership at the Reserve […] The post IMF Moves Toward Possible Fresh Reclassification of India’s FX Regime, as ABN Amro Plans to Cut over 5,000 Jobs appeared first on Tekedia.
Tekedia -
MoMo PSB Partners with Thunes to Boost Instant Cross-Border Remittances For Nigerians
MoMo Payment Service Bank (MoMo PSB), the fintech arm of MTN Nigeria, has entered into a strategic partnership with Thunes, a global B2B cross-border payments platform, to boost instant cross-border remittances for Nigerians. With this collaboration, millions of Nigerians can now receive international funds instantly and securely from key markets, including the USA, UK, Canada, […] The post MoMo PSB Partners with Thunes to Boost Instant Cross-Border Remittances For Nigerians appeared first on Tekedia.
Tekedia -
Binance Launches Tokenized Equities in Its App
Binance quietly rolled out a new feature allowing users to trade tokenized versions of traditional stocks directly within the Binance app. This move bridges cryptocurrency trading with conventional equity markets by enabling on-chain access to tokenized stocks, such as major U.S. blue-chip companies. The feature is accessible via a dedicated “Stocks” section in the “Markets” […] The post Binance Launches Tokenized Equities in Its App appeared first on Tekedia.
Tekedia -
 
 
G20 Summit Highlight: How Can AI Accelerate Sustainable Development in SA
In South Africa, where AI adoption intersects with critical sectors such as energy, agriculture, and public services, security is the currency of progress. Every dataset, model, and automation layer has to operate within a framework of integrity and accountability. Without that assurance, development outcomes and growth trajectories become worrying. With the recent conclusion of the […]
IT News Africa -
Coinbase Ventures’ 2026 Investment Outlook Focuses on RWA, DeFi, AI, and Robotics
Coinbase Ventures—the investment arm of Coinbase—published a forward-looking blog post outlining nine high-potential ideas across four core themes expected to drive crypto innovation and adoption in 2026. Despite short-term market volatility, the firm emphasized 2025’s foundational progress, including surging on-chain liquidity, maturing DeFi infrastructure, and regulatory tailwinds. These themes signal a shift toward more sophisticated, […] The post Coinbase Ventures’ 2026 Investment Outlook Focuses on RWA, DeFi, AI, and Robotics appeared first on Tekedia.
Tekedia -
Japan’s Financial Services Agency Is Considering Investing on Crypto Exchanges
Japan’s Financial Services Agency (FSA) and its evolving stance on cryptocurrency exchanges. It’s advancing a series of reforms to integrate crypto more deeply into Japan’s financial system. This includes enabling banks and financial institutions to acquire, hold, or operate crypto exchanges, alongside stricter security mandates for existing platforms. These moves aim to boost investor protection, […] The post Japan’s Financial Services Agency Is Considering Investing on Crypto Exchanges appeared first on Tekedia.
Tekedia -
Dangote Refinery Partners with Honeywell to Double Capacity in Push Toward Becoming the World’s Largest Petroleum Plant
Nigeria’s Dangote Refinery has taken another major step in its expansion journey after securing a wide-ranging agreement with Honeywell to support its plan to boost output to 1.4 million barrels per day by 2028, Reuters has reported. The move is being read across the energy industry as the strongest indication yet that the Lagos-based complex […] The post Dangote Refinery Partners with Honeywell to Double Capacity in Push Toward Becoming the World’s Largest Petroleum Plant appeared first on Tekedia.
Tekedia -
Amazon Urges Engineers to Ditch Third-Party AI Coding Tools, Pushes Its Own Kiro Platform
Amazon is directing its engineers to favor its proprietary AI code generation service, Kiro, over tools developed by third parties, according to an internal memo reviewed by Reuters. The memo, posted on Amazon’s internal news site, underscores the company’s commitment to developing and promoting its own AI capabilities. “While we continue to support existing tools […] The post Amazon Urges Engineers to Ditch Third-Party AI Coding Tools, Pushes Its Own Kiro Platform appeared first on Tekedia.
Tekedia -
Riding the AI Wave: Alibaba Shares Rise As Accelerated Cloud Sales Drive 34% Jump
Alibaba Group Holding signaled on Tuesday that it is prepared to aggressively ramp up capital expenditures beyond its already massive projections, betting the company’s future on an artificial intelligence boom that CEO Eddie Wu describes as “highly definitive.” The Chinese tech titan reported accelerated sales at its pivotal cloud division, sparking a premarket rally of […] The post Riding the AI Wave: Alibaba Shares Rise As Accelerated Cloud Sales Drive 34% Jump appeared first on Tekedia.
Tekedia -
Google, Accel Launch $2m Co-Investment Drive to Fuel Indian AI Startups
Alphabet’s Google and U.S.-based venture capital firm Accel announced a strategic partnership on Thursday to co-invest in at least ten early-stage artificial intelligence startups in India. This marks Google’s first such collaborative funding effort in the country, underscoring India’s growing importance as a global technology hub. Under the new arrangement, Google’s AI Futures Fund and […] The post Google, Accel Launch $2m Co-Investment Drive to Fuel Indian AI Startups appeared first on Tekedia.
Tekedia -
BCN Partners with Zadara & Touchnet to Launch Africa’s First Neutral AI Factory
Backbone Connectivity Network (BCN), a premier wholesale open access digital service provider, and Zadara announced a partnership to launch Africa’s first Neutral Multi-Tenant AI Factory powered by NVIDIA GPUs. The new platform will enable cloud providers across Africa to provision secure, scalable and cost-efficient AI-ready clouds to meet rising customer demand. Many cloud providers across Africa are […]
IT News Africa -
The Ultimate Guide To Crypto Trading: Which Exchange Is Perfect For You?
Anyone who decides to take crypto seriously eventually needs to learn how to trade on an exchange that actually fits their profile. In 2025, that goes way beyond comparing fees. It means understanding which products you use, how you deal with leverage, what level of security you consider acceptable, and how good the experience is […] The post The Ultimate Guide To Crypto Trading: Which Exchange Is Perfect For You? appeared first on Tekedia.
Tekedia -
Afam Nwaoboli once directed music videos; now he wants to democratise AI for African creatives
Afam Nwaoboli taught himself to build websites, direct Nigerian music videos, and now, he wants every African creative to have easy access to AI.
TechCabal -
Mono Protocol’s Black Friday Rush Highlights Rising Demand for Revenue-Sharing Infrastructure Tokens
Mono Protocol has entered one of its most active phases of the year as Black Friday Week drives a surge of interest across the token sale. The project has now raised $3.52 million, nearing the $3.60 million target for Stage 18, with the presale price holding at $0.0525. The team maintains a planned token launch […] The post Mono Protocol’s Black Friday Rush Highlights Rising Demand for Revenue-Sharing Infrastructure Tokens appeared first on Tekedia.
Tekedia -
Mastercard & L’Oréal Launch New Business Card Targeting the Future of Beauty Commerce
Mastercard and L’Oréal join forces to empower thousands of beauty professionals and entrepreneurs through the launch of the L’Oréal Mastercard BusinessCard—a bold step toward building a more inclusive digital economy. Traditionally, obtaining a business card meant in-person steps and waiting for a series of approvals—valuable time that took beauty entrepreneurs away from their shops and […]
IT News Africa -