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Technology
Veeam Previews New Release of Veeam Data Platform
Veeam® Software unveiled an exclusive preview of its latest platform innovations and a new Data AI Resilience Module. Veeam Data Platform v13.1 advances modernization and data resilience with portable protection across more hypervisors, stronger identity recovery, enhanced security protections, and additional capabilities to be shared closer to general availability. This complements Veeam’s coverage for dark […]
IT News Africa -
Edge Growth Partners FNB TO Scale Local Agro Processors
As part of its ongoing commitment to supporting small to medium-sized business development, Edge Growth has once again partnered with FNB to combine financial support and business development expertise. The Agro Processor Scale-Up Programme is a new initiative designed to provide agro-processing companies with mentorship and targeted support, helping them seize strategic growth opportunities. “South […]
IT News Africa -
👨🏿‍🚀TechCabal Daily – Nigeria hits refresh on telecoms
In today's edition: Kenn Abuya: A GITEX Nairobi review || Nigeria to review telecom rules || Who secured the bag? 💰
TechCabal -
Hullabaloo Lagos
“Live in New York City once, leave before it makes you hard.” If Mary Schmich was a Lagosian, she would have said this about Lagos and not New York. The parallels between these two metropolises lie between sublime and mundane. Consider a universe of ant colonies where sugar and sweets are concentrated in a single […] The post Hullabaloo Lagos appeared first on Tekedia.
Tekedia -
Europe’s AI and Satellite Dependence on U.S. Firms Is ‘Dangerous,’ France’s Bouygues CEO Warns
The head of one of France’s largest industrial and telecoms groups has warned that Europe risks surrendering strategic control of critical technologies if it continues to rely heavily on American infrastructure providers such as Elon Musk’s Starlink and dominant U.S. artificial-intelligence companies. Speaking to CNBC on Thursday, Bouygues CEO Olivier Roussat said Europe is underestimating […] The post Europe’s AI and Satellite Dependence on U.S. Firms Is ‘Dangerous,’ France’s Bouygues CEO Warns appeared first on Tekedia.
Tekedia -
Euro Zone Faces Second Major Energy Shock in Five Years as Middle East Conflict Drags Growth and Fuels Inflation
The European Commission warned on Thursday that the eurozone economy will experience a noticeable slowdown in 2026 following the outbreak of war in the Middle East, which has triggered the region’s second significant energy crisis in less than five years. The extent of the damage will depend heavily on the duration of the conflict and […] The post Euro Zone Faces Second Major Energy Shock in Five Years as Middle East Conflict Drags Growth and Fuels Inflation appeared first on Tekedia.
Tekedia -
Nvidia’s Earnings Report Highlighted How AI is Helping Institutions Redefine Revenue Streams
NVIDIA once again demonstrated why it remains the centerpiece of the global artificial intelligence boom after reporting stronger-than-expected earnings, announcing a massive increase in shareholder returns, and reinforcing investor confidence in the long-term trajectory of AI infrastructure spending. The company not only exceeded Wall Street expectations for revenue and profitability, but also stunned markets by […] The post Nvidia’s Earnings Report Highlighted How AI is Helping Institutions Redefine Revenue Streams appeared first on Tekedia.
Tekedia -
Zcash’s ZEC and Hyperliquid’s HYPE are Increasingly Gaining Momentum
The cryptocurrency market delivered another sharp rotation of momentum as privacy-focused token Zcash surged while Hyperliquid’s HYPE token continued its remarkable climb through the digital asset rankings. ZEC gained roughly 12% on the day while HYPE advanced approximately 15%, making both assets the strongest performers among major cryptocurrencies. The rally reflected a broader shift in […] The post Zcash’s ZEC and Hyperliquid’s HYPE are Increasingly Gaining Momentum appeared first on Tekedia.
Tekedia -
French Court Convicts Airbus, Air France Over 2009 Rio-Paris Crash After 17-Year Legal Battle
A Paris appeals court on Thursday found Airbus and Air France guilty of corporate manslaughter over the 2009 crash of Flight AF447, overturning earlier acquittals and delivering a landmark ruling in one of the deadliest disasters in modern aviation history. The decision marks a dramatic reversal after a lower French court cleared both companies in […] The post French Court Convicts Airbus, Air France Over 2009 Rio-Paris Crash After 17-Year Legal Battle appeared first on Tekedia.
Tekedia -
Japan’s Banking Giants Ride Rate Revival to Record Profits, but Global Risks Threaten Momentum
Japan’s largest banks are enjoying their strongest earnings cycle in years, buoyed by rising domestic interest rates, stronger corporate borrowing, and a revival in wholesale banking activity. But analysts warn that the record-breaking profit surge may prove difficult to sustain as credit costs rise, overseas rate cycles soften, and geopolitical tensions inject fresh uncertainty into […] The post Japan’s Banking Giants Ride Rate Revival to Record Profits, but Global Risks Threaten Momentum appeared first on Tekedia.
Tekedia -
Paystack Launches AI-Powered Dashboard to Transform Merchant Operations
Paystack, Nigeria’s leading online payment gateway that enables businesses in Africa to accept credit card payments from their customer, has unveiled a completely redesigned dashboard, introducing an AI-native Command Centre that allows businesses to interact with their financial data using plain language queries. The launch marks the first major rebuild of the company’s Dashboard in […] The post Paystack Launches AI-Powered Dashboard to Transform Merchant Operations appeared first on Tekedia.
Tekedia -
OpenAI IPO Filing Arriving on Friday Amid SpaceX Filing for an IPO
The possibility of an OpenAI IPO filing arriving as early as this Friday, combined with SpaceX officially filing for its long-anticipated public offering under the ticker SPCX, marks a pivotal moment in modern capital markets. These are not ordinary companies entering public markets. They are arguably the two most influential private technology firms of the […] The post OpenAI IPO Filing Arriving on Friday Amid SpaceX Filing for an IPO appeared first on Tekedia.
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Femi Otedola Commits $100m to Dangote Refinery IPO As Dangote Confirms $2bn from Investors Already
Billionaire businessman and philanthropist Femi Otedola has pledged to invest $100 million in the upcoming Initial Public Offering (IPO) of Dangote Petroleum Refinery and Petrochemicals, describing the move as a strategic reallocation of capital from power generation into what he views as one of the most transformative industrial assets on the continent. Otedola made the […] The post Femi Otedola Commits $100m to Dangote Refinery IPO As Dangote Confirms $2bn from Investors Already appeared first on Tekedia.
Tekedia -
Anthropic to Pay SpaceX Approximately $1.25B monthly Through 2029
In a striking development that underscores how capital-intensive the AI industry has become, reports indicate that Anthropic is set to pay SpaceX approximately $1.25 billion per month through 2029 for computing and infrastructure-related services, while simultaneously projecting that the June quarter could mark its first period of operating profitability. The numbers are staggering. A commitment […] The post Anthropic to Pay SpaceX Approximately $1.25B monthly Through 2029 appeared first on Tekedia.
Tekedia -
Gold Prices Hold Near Recent Lows as Rising Yields and Stronger Dollar Counter Geopolitical Safe-Haven Demand
Gold prices edged lower on Thursday, remaining under pressure from elevated U.S. Treasury yields and a firmer dollar, even as diplomatic developments around the U.S.-Iran conflict provided some support and limited the downside. Spot gold fell 0.3% to $4,528.03 per ounce by 0611 GMT. The metal had rebounded more than 1% on Wednesday after sliding […] The post Gold Prices Hold Near Recent Lows as Rising Yields and Stronger Dollar Counter Geopolitical Safe-Haven Demand appeared first on Tekedia.
Tekedia -
Rapid Expansion of Stablecoin and Possibility of Tighter Monetary Policy in the United States
The global financial system is moving through two powerful transitions at the same time: the rapid expansion of stablecoin infrastructure and the renewed possibility of tighter monetary policy in the United States. Those two themes collided this week as payment giant MoneyGram announced a partnership with Tempo to expand stablecoin-based payment infrastructure, while minutes from […] The post Rapid Expansion of Stablecoin and Possibility of Tighter Monetary Policy in the United States appeared first on Tekedia.
Tekedia -
Verus Ethereum Bridge Exploited for over $11M As Cashdrop Event is Scheduled for May 22
The decentralized finance sector is once again confronting heightened security concerns following the reported exploitation of the Verus Ethereum bridge, which resulted in losses exceeding eleven million dollars. The incident adds to a growing list of cross chain vulnerabilities that have continued to challenge the integrity of interoperability protocols. At the same time, PRJX, a […] The post Verus Ethereum Bridge Exploited for over $11M As Cashdrop Event is Scheduled for May 22 appeared first on Tekedia.
Tekedia -
Trump Weighs AI Cybersecurity Order as Mythos and GPT-5.5 Intensify Washington’s Fight Over AI Oversight
U.S. President Donald Trump is preparing an executive order that could reshape how advanced artificial intelligence models are released in the United States, as mounting concerns over cybersecurity risks split his political allies and intensify pressure on the rapidly expanding AI industry. According to sources familiar with the matter cited by Reuters, Trump could sign […] The post Trump Weighs AI Cybersecurity Order as Mythos and GPT-5.5 Intensify Washington’s Fight Over AI Oversight appeared first on Tekedia.
Tekedia -
CPPE Backs CBN’s Rate Pause as Nigeria Navigates Inflation Pressures, FX Stability, and Global Oil Shock
The Centre for the Promotion of Private Enterprise (CPPE) has endorsed the Central Bank of Nigeria’s decision to retain key monetary policy parameters, describing the move as a calculated shift toward economic stability at a time when global geopolitical tensions and domestic inflation risks are colliding. In a policy brief released after the 305th Monetary […] The post CPPE Backs CBN’s Rate Pause as Nigeria Navigates Inflation Pressures, FX Stability, and Global Oil Shock appeared first on Tekedia.
Tekedia -
SpaceX IPO Could Catapult Elon Musk Toward Unprecedented Trillionaire Status
SpaceX’s planned initial public offering is shaping up as a defining moment for global capital markets and for its founder, Elon Musk, whose ownership structure and cross-company empire could place him on a path toward becoming the world’s first trillionaire. The company confirmed in a securities filing on Wednesday that it intends to sell shares […] The post SpaceX IPO Could Catapult Elon Musk Toward Unprecedented Trillionaire Status appeared first on Tekedia.
Tekedia -
Closes Zcash Foundation Investigation as Truth Social Withdraws ETF Filing
The cryptocurrency industry received another reminder this week that regulation and politics remain deeply intertwined with the future of digital assets. Two seemingly unrelated developments — the U.S. Securities and Exchange Commission closing its probe into the Zcash Foundation with no enforcement action, and Truth Social withdrawing its proposed Bitcoin ETF filing. The SEC’s decision […] The post Closes Zcash Foundation Investigation as Truth Social Withdraws ETF Filing appeared first on Tekedia.
Tekedia -
US House Passes Bill Barring Large Investment Firm from Buying Single-family House
The passage of a bill in the United States House of Representatives barring large investment firms from purchasing single-family homes marks one of the most consequential interventions in the U.S. housing market in decades. Framed as a response to escalating affordability pressures, the legislation directly targets institutional capital flows into residential real estate—an area that […] The post US House Passes Bill Barring Large Investment Firm from Buying Single-family House appeared first on Tekedia.
Tekedia -
Hyperliquid’s User Losses $400k in a Single Trade after Shorting Gold
The rapid evolution of crypto derivatives markets has created an environment where traders can gain exposure to nearly any asset with extraordinary leverage and around-the-clock liquidity. Yet the same infrastructure that enables opportunity also magnifies operational mistakes. A recent incident involving a trader on Hyperliquid demonstrated how a single execution error can instantly transform a […] The post Hyperliquid’s User Losses $400k in a Single Trade after Shorting Gold appeared first on Tekedia.
Tekedia -
Instant Games in Senegal: how the TikTok format transformed mobile gambling
Online gambling is changing rapidly, but the true revolution no longer comes solely from jackpots or graphics. Today, the industry is adapting above all to a new way of consuming digital content: fast, vertical, emotional and ultra-mobile. TikTok has profoundly changed digital habits worldwide. Users swipe from one video to the next in seconds, seek […] The post Instant Games in Senegal: how the TikTok format transformed mobile gambling appeared first on Tekedia.
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US SEC Prepping a Groundbreaking Regulatory Approach to Digital Assets
The United States Securities and Exchange Commission (SEC) is preparing what could become one of the most important regulatory shifts in modern financial markets: an innovation exemption designed to support the growth of tokenized stocks and blockchain-based securities infrastructure. The proposal signals that regulators are beginning to acknowledge that financial markets are rapidly evolving beyond […] The post US SEC Prepping a Groundbreaking Regulatory Approach to Digital Assets appeared first on Tekedia.
Tekedia -
Leading Turnkey Casino Software Providers for Seamless Platform Deployment
Online gambling is a technology business first. Operators who understand that early – who make sound infrastructure decisions before spending a dollar on marketing – tend to build businesses that last. Those who treat the platform as an afterthought, something to sort out once the licence comes through, spend years managing technical debt they didn’t […] The post Leading Turnkey Casino Software Providers for Seamless Platform Deployment appeared first on Tekedia.
Tekedia -
UI Promotes Ojebuyi to Full Professor
The University of Ibadan has elevated Dr Babatunde Ojebuyi to the rank of full professor in the Department of Communication and Language Arts, recognising a career that has combined methodological rigour with social relevance across nearly two decades of scholarship. His promotion underscores the institution’s role as a leading centre for communication research in Africa […] The post UI Promotes Ojebuyi to Full Professor appeared first on Tekedia.
Tekedia -
The SpaceX’s Choice of Goldman Sachs as Lead Underwriter
The reported selection of SpaceX choosing Goldman Sachs as a lead underwriter for its anticipated IPO marks a pivotal moment in the long arc of private-to-public capital transitions in the aerospace and defense sector. If confirmed and executed, the move signals not only SpaceX’s maturation as a commercial enterprise but also the increasing convergence of […] The post The SpaceX’s Choice of Goldman Sachs as Lead Underwriter appeared first on Tekedia.
Tekedia -
VVV Begins Trading on Robinhood As Many V1 Punks Sell for 6 Figures
VVV begins trading on Robinhood, marking another step in the gradual convergence between retail brokerage infrastructure and emerging crypto-native assets. The listing of VVV signals continued appetite among retail platforms for expanding token access beyond major-cap assets, especially as liquidity fragmentation across exchanges pushes issuers to seek broader distribution channels. V1 Punks or V1 CryptoPunks […] The post VVV Begins Trading on Robinhood As Many V1 Punks Sell for 6 Figures appeared first on Tekedia.
Tekedia -
Nvidia Posts Record $81.6 Billion Q1 Revenue as AI Infrastructure Boom Accelerates
American multinational technology company NVIDIA has delivered another historic quarter, reporting record revenue of $81.6 billion for the first quarter of fiscal 2027, ended April 26, 2026. The AI giant chip maker historic report, comes as surging global demand for artificial intelligence infrastructure continued to fuel unprecedented growth across its business. Nvidia significantly surpassed Wall […] The post Nvidia Posts Record $81.6 Billion Q1 Revenue as AI Infrastructure Boom Accelerates appeared first on Tekedia.
Tekedia -
Infinix NOTE 60 SERIES Garners Red Dotand iF Awards, Redefining Premium Smartphone Design
Infinix NOTE 60 SERIES Garners Red Dotand iF Awards, Redefining Premium Smartphone Design Infinix today announced that the NOTE 60 SERIES has received a series of world-renowned design recognitions, reinforcing Infinix’s… TechCity
Tech City NG -
Screen Readers on Websites: What They Actually See and Why Most Fail
Screen Readers on Websites: What They Actually See and Why Most Fail Most people judge a website by how it looks. They notice layouts, colors, animations, and images. However, screen… TechCity
Tech City NG -
Nigeria reviews 26-year telecom policy as networks face mounting pressure
Nigeria has begun reviewing its 26-year-old telecommunications policy, proposing 15 major changes that could affect everything from mobile tariffs and internet competition to network quality
TechCabal -
Nigerian fintech Sycamore wants $29 million in deposits after MFB acquisition
The move reflects a broader shift among Nigerian fintechs that are increasingly acquiring microfinance banking licences to gain direct access to deposits and cheaper capital. 
TechCabal -
Kaspersky Warns about Scammers Targeting World Cup 2026 Travelers
Thousands of fans are expected to attend the World Cup 2026, and many are already handling their travel logistics, purchasing their flights and other transport tickets, booking accommodation, and arranging everything they need to reach the host cities. As interest grows, so does the number of fraudulent schemes that exploit the fact that fans are […]
IT News Africa -
Nvidia Reports Another Record Quarter, Authorizes Massive $80bn Buyback Program
Nvidia delivered another blockbuster quarter on Wednesday, underscoring how the artificial intelligence boom continues to reshape the global technology industry, even as the chip giant signaled that the pace of growth may begin to moderate after two years of explosive expansion. The company reported revenue of $81.6 billion for the quarter ended April 26, up […] The post Nvidia Reports Another Record Quarter, Authorizes Massive $80bn Buyback Program appeared first on Tekedia.
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