Naija News Feed
Technology
Sify Infinit Spaces Warns of AI-Fueled Overbuild Risk as It Prepares for India’s First Data Center IPO
Sify Infinit Spaces, set to become India’s first publicly listed data center operator, says the artificial intelligence boom is accelerating demand for computing power at a pace the country has never witnessed. But even as the sector surges, the company is taking a deliberately cautious approach to expansion, tempering future investments to avoid being caught […] The post Sify Infinit Spaces Warns of AI-Fueled Overbuild Risk as It Prepares for India’s First Data Center IPO appeared first on Tekedia.
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SEC Freezes Plans for Ultra-Leveraged ETFs, Signaling a Shift That Could Reshape Retail Risk-Taking and Issuer Strategy
The U.S. Securities and Exchange Commission has effectively thrown the brakes on a new wave of ultra-leveraged exchange-traded funds, issuing a set of warning letters that halt plans by some of the industry’s most aggressive product issuers to launch ETFs designed to deliver three and even five times the daily returns of volatile assets. The […] The post SEC Freezes Plans for Ultra-Leveraged ETFs, Signaling a Shift That Could Reshape Retail Risk-Taking and Issuer Strategy appeared first on Tekedia.
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Implications of Kalshi’s Launch of Tokenized Predictions on Solana
Kalshi, the U.S.-based CFTC-regulated prediction market platform, officially launched tokenized versions of its event contracts on the Solana blockchain. This move allows users to trade blockchain-based representations (SPL tokens) of Kalshi’s prediction markets—covering events like politics, sports, economics, weather, and entertainment—directly on-chain, bridging traditional finance with decentralized ecosystems. The integration is powered by Solana-based DeFi […] The post Implications of Kalshi’s Launch of Tokenized Predictions on Solana appeared first on Tekedia.
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Strategy Establishes $1.44 Billion USD Reserve to Secure Dividend Payments
Strategy (NASDAQ: MSTR), the Bitcoin treasury company led by Executive Chairman Michael Saylor, announced the creation of a $1.44 billion U.S. dollar reserve specifically designed to fund at least 12 months of dividends on its preferred stock and interest payments on outstanding debt. This move comes amid Bitcoin’s price dipping below $90,000 and Strategy’s stock […] The post Strategy Establishes $1.44 Billion USD Reserve to Secure Dividend Payments appeared first on Tekedia.
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Polymarket Briefly Claiming #1 Spot on IOS US App Sports Category is Symbolic
Polymarket’s iOS app surged to #1 in the free Sports category on the US App Store, briefly overtaking giants like FanDuel Sportsbook and Casino, DraftKings Sportsbook and Casino, ESPN, TikTok, and Amazon. By the next day, it dipped to #3, but the climb was meteoric: from a beta release in late November to top spot […] The post Polymarket Briefly Claiming #1 Spot on IOS US App Sports Category is Symbolic appeared first on Tekedia.
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A Look At Sony Bank’s USD-Backed Stablecoin Initiative
Sony Bank, the digital banking arm of Sony Financial Group a subsidiary of Sony Group Corporation, has announced plans to issue a US dollar-pegged stablecoin targeted primarily at the US market. The move is part of Sony’s broader push into Web3 technologies and aims to streamline payments within its entertainment ecosystem, including gaming— PlayStation Store […] The post A Look At Sony Bank’s USD-Backed Stablecoin Initiative appeared first on Tekedia.
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Chowdeck hits nearly $1 million in Black Friday food delivery sales
Black Friday deals have extended into online food delivery, driving a surge in orders and higher sales for platforms and restaurants.
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Shopping App Launches ‘Get It Now’ Feature to Boost Faster Delivery
Takealot has launched a new instant-delivery pilot, the “Get it Now” feature—powered by TakealotNOW in partnership with Mr D—enabling consumers to receive their orders in minutes. The “Get it Now” option highlights items ready for immediate delivery in the Cape Town, Johannesburg, and Pretoria areas. “We’ve always focused on making shopping simpler, faster, and happier for […]
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Coinbase Reports 19% Surge in Government and Law Enforcement Data Requests, as Myriad and Trust Wallet Announce Partnership
Coinbase released its latest transparency report, revealing a record-high 12,716 government and law enforcement information requests for user data during the period from October 2024 to September 2025. This represents a 19% increase compared to the previous 12-month cycle, underscoring growing global regulatory scrutiny on cryptocurrency platforms amid rising adoption and concerns over illicit activities. […] The post Coinbase Reports 19% Surge in Government and Law Enforcement Data Requests, as Myriad and Trust Wallet Announce Partnership appeared first on Tekedia.
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Ethereum, DOGE, and SHIB Could All Pump—But Ozak AI Prediction Points to the Next Real 100x Winner
Crypto markets are coming into a renewed phase of power as capital rotates back into foremost altcoins and investor sentiment improves across the board. Ethereum, Dogecoin, and Shiba Inu are all displaying sturdy setups for potential breakouts, with technical structures, liquidity levels, and network momentum aligning for a promising rally. Yet even as these popular […] The post Ethereum, DOGE, and SHIB Could All Pump—But Ozak AI Prediction Points to the Next Real 100x Winner appeared first on Tekedia.
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Standard Bank Secures Financial Close on Africa’s Largest Fibre Deal with Vodacom and Maziv
Standard Bank, Africa’s largest bank by assets, has announced the successful financial close of a landmark R11.5 billion transaction that will see Vodacom acquire a 30% stake in Maziv, the parent company of Dark Fibre Africa and Vumatel. The deal consolidates these operations into a single fibre-providing entity and marks the largest fibre transaction ever […]
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Vanguard Will Allow Clients to Buy Crypto ETFs Starting Today
Vanguard, the world’s second-largest asset manager with over $11 trillion in assets under management, announced on December 1, 2025, that it will begin allowing its brokerage clients to trade select cryptocurrency ETFs and mutual funds starting today, December 3, 2025. This marks a significant reversal from its long-held skepticism toward digital assets, which it previously […] The post Vanguard Will Allow Clients to Buy Crypto ETFs Starting Today appeared first on Tekedia.
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US Federal Reserve Ending Quantitative Tightening Is A Liquidity Pivot
The U.S. Federal Reserve officially concluded its Quantitative Tightening (QT) program, which began in June 2022 and involved allowing up to $95 billion in securities to mature each month without reinvestment, effectively draining approximately $2.4 trillion from the financial system. This marked the end of the largest balance-sheet reduction in the Fed’s history, freezing its […] The post US Federal Reserve Ending Quantitative Tightening Is A Liquidity Pivot appeared first on Tekedia.
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Global Markets Steady After Japan-Fueled Sell-Off, Bitcoin Slides as Investors Brace for Rate Shifts
Stocks made modest gains on Tuesday while global government bonds and cryptocurrencies steadied, offering a pause after the sharp sell-off that swept through markets on Monday as investors braced for a looming interest rate hike in Japan. S&P 500 futures were flat following overnight declines on Wall Street, and equities in both Europe and Asia […] The post Global Markets Steady After Japan-Fueled Sell-Off, Bitcoin Slides as Investors Brace for Rate Shifts appeared first on Tekedia.
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Infobip and MoneyGram Haas F1 Team Launch Gamified Digital Fan Experience
Global cloud communications platform Infobip has partnered with the MoneyGram Haas F1 Team to launch a cutting-edge digital fan engagement campaign that brings motorsport enthusiasts closer to the thrill of Formula 1 racing. Centred on Infobip’s CXOP platform and a WhatsApp-based conversational assistant, the initiative introduces a gamified quiz experience designed to transform how fans […]
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PwC Announces Anastacia Tshesane as New CEO for PwC South Africa
PwC has announced the appointment of Anastacia Tshesane as the next CEO of PwC South Africa, effective 1 July 2026. Tshesane has served as Chairman of the PwC South Africa Governing Board and the PwC Africa Governance Board since July 2021. With her transition into the CEO role, she will formally hand over both chairmanships […]
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Check Point Software Technologies Named a Leader in Gartner Magic Quadrant
Check Point Software Technologies, announces that it has been recognised as a Leader in the 2025 Gartner Magic Quadrant for Email Security. Excelling across key areas such as core email protection, integrated email security, and outbound security, Check Point delivers AI-powered protection for the hyperconnected enterprise through its Harmony Email Collaboration solution. In today’s hyperconnected […]
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Paystack integrates with Xero via Stripe to Transform Payments for South African Businesses
Paystack, a leading African payment gateway, has announced a new integration through Stripe with Xero, the global small business platform, to digitise invoicing and make it easier for small businesses to get paid and manage their cashflow. The integration embeds secure payment processing into Xero’s cloud accounting software, giving South African businesses the option to […]
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African Start-ups Record $162m in November Funding as 2025 Nears a Strong Finish
African start-ups secured $162 million in funding in November 2025 (excluding exits), with 79% of the capital raised through equity investments, according to a report by Africa: The Big Deal. Analysts note that the month was neither particularly strong nor weak, ranking as the fifth-highest in 2025 in terms of funding. The figure closely mirrors […] The post African Start-ups Record $162m in November Funding as 2025 Nears a Strong Finish appeared first on Tekedia.
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Pick n Pay app drives 40% year-on-year growth following major tech overhaul
Pick n Pay’s reimagined asap! delivery app is delivering impressive results, with on-demand grocery retail turnover growing 40% year-on-year in the first half of FY26, following a complete technology transformation in April. The next-generation app continues to be profitable on a fully costed basis, reflecting operational discipline and scale efficiency as the service expands across […]
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UK Officially Recognizes Cryptocurrencies as Personal Property
The United Kingdom has passed a landmark law formally classifying cryptocurrencies, stablecoins, and other digital assets as a distinct form of personal property. This development, announced on December 2, 2025, marks a significant shift in how digital assets are treated under English law, providing enhanced legal protections for holders and paving the way for greater […] The post UK Officially Recognizes Cryptocurrencies as Personal Property appeared first on Tekedia.
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Welcome Pangolin to Tekedia Capital
In less than 12 months since launch, the results have been exceptional: 16,000 GitHub stars, 512,100 deployments, and a collection of strong growth metrics. Pangolin is building a new class of open-source proxy: cloud-orchestrated, identity-aware, tunneled, and highly available. It offers the simplest and most secure way to expose applications on any network, ensuring that […] The post Welcome Pangolin to Tekedia Capital appeared first on Tekedia.
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Bitcoin is falling! While everyone in the market is watching and waiting, BlackChainMining investors are steadily making profits.
Recently, Bitcoin prices have experienced a significant pullback. Faced with this sudden decline, market sentiment quickly turned cautious, with many investors choosing to wait and see, awaiting a clearer direction. While traditional traders are anxious about the uncertainty, another group remains calm amidst the turmoil—the cloud mining investors of BlackChainMining. Even during market downturns, they […] The post Bitcoin is falling! While everyone in the market is watching and waiting, BlackChainMining investors are steadily making profits. appeared first on Tekedia.
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Tech Brand’s AFCON 2025 Continental Campaign and Competition
TECNO Launches AFCON 2025 Campaign Global technology brand TECNO, Official Partner of the TotalEnergies CAF Africa Cup of Nations (AFCON) 2025, has unveiled its continent-wide campaign: “TECNO AND AFCON 2025.” The initiative celebrates the passion, joy, and triumphs of Africa’s biggest football tournament, hosted in Morocco. African Youth At the heart of the campaign is […]
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5 Cryptos to Buy Now as the Market Shows Strong Uptrend Signals
Even with the broader market struggling to find direction, a few assets are beginning to show the kind of strength that typically appears before a decisive trend shift. When traders start rotating into selective, high-momentum tokens while outflows continue across the majors, it’s usually a sign that a new phase is developing beneath the surface. […] The post 5 Cryptos to Buy Now as the Market Shows Strong Uptrend Signals appeared first on Tekedia.
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Mono Protocol Sees Rising December Momentum as Stage 19 Nears Completion
December is showing renewed strength across the crypto presale landscape, and Mono Protocol continues to gain momentum as one of the most followed projects in this segment. The team reports that Stage 19 has now reached $3.71 million of the $3.80 million target, with the token price holding at $0.0550. This steady progress comes as […] The post Mono Protocol Sees Rising December Momentum as Stage 19 Nears Completion appeared first on Tekedia.
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Investors Shift Toward Infrastructure Projects as Mono Protocol’s Stage 19 Nears Its Funding Target
As market volatility continues, early-stage participants are shifting attention toward infrastructure projects that provide clear functionality. Mono Protocol is gaining momentum in the crypto presale landscape with a unified balance model and consistent development updates. Stage 19 continues to advance as the raise approaches its next milestone. Stage 19 Shows Stable Participation With $3.71M Raised […] The post Investors Shift Toward Infrastructure Projects as Mono Protocol’s Stage 19 Nears Its Funding Target appeared first on Tekedia.
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Why Nigeria’s startup ecosystem needs more corporate buyers
With startup funding slowing globally and foreign investors becoming more cautious, industry leaders are calling for a fundamental shift in how innovation is financed, scaled, and absorbed in Africa.
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Why USE.com Is Positioned To Become the Best Upcoming Global Crypto Exchange
The crypto market is entering a new chapter where innovation, infrastructure strength and global accessibility determine whether an exchange can truly compete at scale. As traders across multiple regions evaluate alternatives to long-established platforms, one name has consistently surfaced in discussions about the most promising upcoming exchange. USE.com is emerging as a powerful new contender, […] The post Why USE.com Is Positioned To Become the Best Upcoming Global Crypto Exchange appeared first on Tekedia.
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As infrastructure lags, new $75,000 fund targets tech fixes for African cities
The fund comes at a time when African cities are growing faster than public infrastructure can keep pace.
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No more deposit limits as CBN introduces ₦500,000 and ₦5 million weekly withdrawal caps
Nigeria’s Central Bank has removed all limits and fees on cash deposits, in its most sweeping overhaul of cash-management rules since 2022. From January 1, 2026, customers will be able to deposit any amount of cash into banks without penalties, marking a major shift away from the regulator’s previous restrictions designed to curb the economy’s heavy reliance on cash.
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How Vove is tackling Africa’s KYC and KYB headaches
Morocco-based regtech startup, Vove ID, believes Africa and the Middle East are entering a new identity infrastructure moment.
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How Vove ID is tackling Africa’s KYC and KYB headaches
Morocco-based regtech startup, Vove ID, believes Africa and the Middle East are entering a new identity infrastructure moment.
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Central Bank of Nigeria Tightens Grip on Banks With Strict 48-Hour App Fraud Refund Policy
The Central Bank of Nigeria (CBN) has raised the stakes in the fight against electronic fraud, issuing a bold directive that mandates banks to reimburse victims of Authorised Push Payment (APP) fraud within 48 hours. This decisive move signals a new era of customer protection in Nigeria’s financial ecosystem, placing greater responsibility on financial institutions […] The post Central Bank of Nigeria Tightens Grip on Banks With Strict 48-Hour App Fraud Refund Policy appeared first on Tekedia.
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Peter Schiff Labels MicroStrategy’s Business Model A “Fraud” Amid Stock Sale
Prominent American economist, stockbroker, and financial commentator Peter Schiff has criticized MicroStrategy’s recent $1.44 billion stock sale, describing the company’s business model as fraud, and labeling CEO Michael Saylor “the biggest con man on Wall Street.” In a post on X, Schiff claimed that MicroStrategy sold stock not to acquire more Bitcoin, as the market […] The post Peter Schiff Labels MicroStrategy’s Business Model A “Fraud” Amid Stock Sale appeared first on Tekedia.
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Altman Issues Code Red at OpenAI over Google’s Gemini’s Latest Model
The undisputed dominance of OpenAI’s ChatGPT is now facing an existential threat, prompting CEO Sam Altman to reportedly declare an internal “code red” on Monday. This emergency directive instructs the company to immediately halt numerous forward-looking initiatives and pivot all resources toward aggressively improving the performance and reliability of its flagship conversational product. The dramatic […] The post Altman Issues Code Red at OpenAI over Google’s Gemini’s Latest Model appeared first on Tekedia.
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