The sharp selloff in U.S. Treasuries that has accelerated in recent weeks appears far from exhausted, with analysts warning that stubborn inflation, elevated energy prices from the Middle East conflict, and structural changes in the investor base could push yields meaningfully higher in the near term. The benchmark 10-year U.S. Treasury yield was last hovering […] The post Investors See No Signs of U.S. Treasury Selloff Abating as Inflation Fears, Shifting Buyer Dynamics, and Policy Uncertainty Collide appeared first on Tekedia.

Standard Chartered announced on Tuesday a significant restructuring plan that will eliminate more than 7,000 roles by 2030, equivalent to 15% of its corporate and support functions, as the bank aggressively embraces artificial intelligence and automation to reshape its operations and drive sustainable profitability. The move positions StanChart among the most assertive global banks in […] The post Standard Chartered Embarks on Sweeping AI-Driven Overhaul, Slashing Over 7,000 Jobs by 2030 in Bold Efficiency Push appeared first on Tekedia.

The Lagos State government plans to increase the city’s data centre capacity to more than 250 megawatts (MW) by 2030, said Olatubosun Alake, commissioner for innovation, science, and technology. 

Good People, all the fingers on our hands are not equal and our circumstances are not identical. That means the way your friend invests should not automatically become the way you invest. Investing is deeply personal; it is one thing you must own yourself and not merely inherit through herding. Just because Abu is buying […] The post Before You Invest, Invest in Understanding Yourself First appeared first on Tekedia.

Satisfactory has been around on PC for a while now, and every few months the same question shows up again. Can you play it on console yet? People keep asking about satisfactory ps5 because the game honestly looks perfect for long couch sessions. Big factories, exploration, automation, multiplayer chaos. At first it mostly feels like […] The post A Lot Of Console Players Keep Waiting For Satisfactory On PS5 appeared first on Tekedia.

Checker has raised $8 million in equity seed funding to expand its stablecoin-powered payment infrastructure across Africa, Asia and Latin America.

Key points Main story TD Africa, in collaboration with Hewlett Packard Enterprise (HPE), operated by Selectium, has hosted a high-level partner engagement forum focused on the future of enterprise networking and infrastructure transformation. The event brought together key technology partners to examine how organisations can build faster, smarter, and more secure network systems capable of […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

In today's edition: Yango to expand across Africa || Kenyan High Court freezes Vodacom-Safaricom deal || Pick n Pay sells part of its stake in Boxer || Toyota launches first EV in South Africa

In the wake of a harrowing kidnapping incident in the Orire local government area of Oyo State, a community’s desperate turn to traditional spiritual intervention has ignited a fierce debate across Nigeria’s digital landscape. As footage of traditional rites and the invocation of deities surfaced online, the public response has been characterised by a sharp […] The post Scepticism, satire, mockery trail call on gods to save Oyo kidnapped victims appeared first on Tekedia.

In Abuja, a landmark report is set to be unveiled, detailing how artificial intelligence could redefine accountability and citizen participation from Cairo to Cape Town. A new era of digital governance is set to be mapped out in Nigeria’s capital this week, as a Non-governmental organisation prepares to unveil a comprehensive study into the transformative […] The post New research aims to transform civic engagement across 54 African nations appeared first on Tekedia.

OpenAI is moving to lock in one of the most critical commodities in the artificial intelligence race: computing power. The company on Tuesday unveiled “Guaranteed Capacity,” a new long-term infrastructure offering that allows enterprise customers to reserve dedicated AI compute capacity for one, two, or three years. The initiative is part of a bigger shift […] The post OpenAI Moves to Offer new Guaranteed Capacity for customers to secure compute appeared first on Tekedia.

Best Budget Laptops for Students in 2026 Buying a laptop for school is frustrating. Prices keep rising, flashy marketing makes everything sound essential, and many… TechCity

Table of contents 1. AI and Gemini 2. Google Search 3. Google Workspace and Productivity 4. Shopping 5. YouTube 6. Android and Hardware 7. Developer Tools 8. Google Play 9. Google AI Subscription Plan Changes Release Dates at a Glance Google held its annual developer conference, Google I/O 2026, on May 19 and 20 at […]

In the 1990s, when most Nigerian businesses still relied on paper files, fax machines, and office memos, Chuma Chukwujama was already convinced software was the future he should pursue.

Cloud9, a Kenyan digital bank, acquired ticketing platform M-Tickets in an all-stock deal valued at roughly KES 100 million ($773,000).

Global impact investor Lightrock has closed a USD 500 million fund, named Accelerate7, targeting growth-stage companies working on energy access across Sub-Saharan Africa, South Asia, and Southeast Asia. The fund counts Shell, TotalEnergies, Equinor, and LGT Group among its investors. It will deploy tickets ranging from USD 10 million to USD 50 million into businesses […] The post Lightrock Closes $500M Accelerate7 Fund to Back Energy Access Startups appeared first on Tech In Africa.

Egyptian startup support platform GrowthLabs has acquired Startup Gate in a transaction valued at approximately EGP 35 million, equivalent to roughly USD 656,000. The deal merges GrowthLabs’ “Catalyst OS” backend, used by accelerators and incubators, with Startup Gate’s front-end founder-investor network. Startup Gate was founded in 2025 by Emmy Tawfik The combined platform is positioned […] The post Egypt’s GrowthLabs Acquires Startup Gate in $656K Deal appeared first on Tech In Africa.

The West African Development Bank (BOAD) and French development finance institution Proparco have signed a EUR 200 million cross-currency financing agreement targeting private sector expansion across the West African Economic and Monetary Union (WAEMU). The deal, structured by advisory firm Galite, uses a euro-to-CFA franc cross-currency mechanism designed to expand local-currency lending, strengthen foreign exchange […] The post BOAD and Proparco Close EUR 200M Cross-Currency Deal for WAEMU Private Sector appeared first on Tech In Africa.

Maintaining a home swimming pool often looks simple from the outside, but in reality it involves continuous and repetitive cleaning cycles that rarely end. Leaves, dust, insects, pollen, and fine debris constantly enter the water, especially in outdoor environments where pools are exposed to wind and seasonal changes. Even after a complete cleaning session, new […] The post How Pool Robots Reduce Repetitive Home Pool Cleaning appeared first on Tekedia.

The rise of tokenized exchange-traded funds (ETFs) crossing a combined onchain market capitalization of over $430 million marks a structural shift in how traditional financial instruments are being issued, held, and settled. According to data from Token Terminal, this milestone reflects accelerating demand for bringing regulated financial exposure into blockchain-native environments, where settlement finality, composability, […] The post Tokenized Exchange-Traded Funds Have Crossed $430M Onchain Market Capitalization appeared first on Tekedia.

The European Union is preparing sweeping new supply-chain rules that would force companies across key industries to diversify suppliers and reduce dependence on China, marking one of Brussels’ most aggressive economic security moves yet against Beijing’s dominance in critical manufacturing materials and industrial components. According to the Financial Times, the proposed rules would require companies […] The post EU plans supply-chain overhaul to curb dependence on China as trade tensions deepen appeared first on Tekedia.

Intel Chief Executive Officer Lip-Bu Tan said the company’s foundry business is beginning to gain traction, signaling growing confidence that the struggling American chipmaker may finally be making progress in one of the most expensive and strategically important turnarounds in semiconductor history. Speaking Monday on CNBC’s Mad Money, Tan said Intel’s efforts to manufacture chips […] The post Intel’s Lip-Bu Tan Says Foundry Turnaround Is Gaining Momentum as Chipmaker Pushes to Challenge TSMC appeared first on Tekedia.

Oil markets surged sharply after Donald Trump warned Iran that the clock is ticking, reigniting fears of a broader geopolitical confrontation in the Middle East and raising concerns over global energy security. The statement, posted on Truth Social following reports of stalled negotiations between Washington and Tehran, immediately shook financial markets, sending Brent crude above […] The post Global Oil Price Skyrocket After Trump’s Rhetoric “Clock is Ticking” appeared first on Tekedia.

Meta is set to begin another major round of layoffs this week, with approximately 8,000 employees expected to lose their jobs starting Wednesday as the company intensifies its aggressive pivot toward artificial intelligence. The layoffs, which represent roughly 10% of Meta’s workforce, come alongside plans to eliminate 6,000 open positions that were previously slated for […] The post Meta Deepens Workforce Cuts as AI Investments Reshape Workforce Strategy appeared first on Tekedia.

A California jury has handed a sweeping legal victory to OpenAI and Chief Executive Sam Altman, rejecting claims by billionaire entrepreneur Elon Musk that the artificial intelligence company defrauded him by abandoning its original nonprofit mission in pursuit of profit. After less than two hours of deliberation on Monday, jurors in an Oakland federal courtroom […] The post OpenAI defeats Musk in landmark trial, clearing Altman as jury rejects fraud claims appeared first on Tekedia.

British universal bank and financial services group HSBC has launched a dedicated $4 billion credit facility to support the international expansion of mainland Chinese companies operating in sectors tied to clean energy, electric vehicles, artificial intelligence, and digital infrastructure, positioning the bank to capitalize on the accelerating global race for low-carbon and AI-linked industrial growth. […] The post HSBC Unveils $4bn Green Finance Push for Chinese Firms as AI, EV, and Energy Demand Reshape Global Capital Flows appeared first on Tekedia.

The rapid acceleration of artificial intelligence is no longer a theoretical discussion confined to research labs or science fiction. It is becoming a defining force in the global economy, reshaping industries, labor markets, and the very nature of professional work. Recent comments from leaders in technology and finance have intensified this debate. The CEO of […] The post Global Workforce Entering Most Transformative Period in Modern Economic History Courtesy of AI appeared first on Tekedia.

Artificial intelligence startup Anthropic is preparing to brief the global Financial Stability Board on cyber vulnerabilities identified by its powerful new AI model, Mythos. The development is now intensifying fears across financial markets that next-generation artificial intelligence could expose critical weaknesses in the world’s banking infrastructure. According to the Financial Times, Anthropic plans to discuss […] The post Anthropic To Brief the Global Financial Stability Board On Cyber Vulnerabilities Identified By Mythos appeared first on Tekedia.

In a major step toward merging traditional finance with blockchain technology, the U.S. Securities and Exchange Commission (SEC) is set to release an “innovation exemption” that would pave the way for tokenized versions of U.S. stocks to trade on crypto platforms. According to a Bloomberg report, the proposal could drop as soon as this week. […] The post From Crypto to Wall Street: U.S SEC Set to Approve Blockchain Tokenized Stock Trading appeared first on Tekedia.

MTN’s IHS Towers acquisition could reshape connectivity, competition, and startup opportunities across Francophone Africa’s digital economy.

Anthropic released a 31-page guide on prompting Opus 4.7, a document that formalizes advanced instruction design for its most capable model family. The guide reflects a broader industry shift toward treating prompting as an engineering discipline rather than an intuitive craft, emphasizing reproducibility, evaluation, and structured reasoning workflows for production deployments. Anthropic AI shift is […] The post Impacts of Opus 4.7 Prompting Guide as a Systematic Engineering Practice appeared first on Tekedia.

Goldman Sachs’ reported shift in exposure—selling positions in Solana and XRP while initiating a position in a Hyperliquid digital asset treasury (DAT) structure—signals an evolving segmentation in institutional crypto allocation strategies. The rotation, if taken at face value, is less about abandoning large-cap digital assets and more about repricing where asymmetric returns are now perceived […] The post Goldman Sachs Sells Part of Solana and XRP Position While Initiating HYPE Chase appeared first on Tekedia.

Berkshire Hathaway reshuffled major positions in its equity portfolio during the first quarter, sending several stocks higher in early trading Monday as investors assessed what appears to be the first significant portfolio repositioning under new chief executive Greg Abel. The filing, released Friday, offered Wall Street its clearest look yet at how Berkshire’s investment strategy […] The post Berkshire Revamps its Portfolio, Signaling Greg Abel’s Major Shift from Buffett Era Holdings appeared first on Tekedia.

Since the start of the year, DraftKings stock shares have lost about 30% of their value, and over the past twelve months the decline has exceeded a third. The reason was not that investors lost faith in the core business itself, but the rapid growth of prediction markets, which are siphoning off user attention and […] The post DraftKings stock shares are down nearly DraftKings stock and the company is responding by betting on a super app appeared first on Tekedia.

Shein is acquiring U.S.-based apparel retailer Everlane from majority owner L Catterton in a deal reportedly valuing the struggling fashion brand at about $100 million. The transaction highlights how Chinese-founded online retailers continue expanding globally even after Washington moved to curb one of their biggest competitive advantages. According to Puck News, the acquisition would leave […] The post Shein moves to acquire Everlane in a $100m Deal, Signaling Chinese Retailers’ Growth Despite Suspension of de minimis appeared first on Tekedia.

KPMG is testing an artificial intelligence-powered simulation platform designed to help junior tax employees develop skills that traditionally took years of repetitive client work to acquire, underscoring how large professional-services firms are rethinking workforce training as AI rapidly automates entry-level tasks. The system, called TaxSIM, is being developed with Centaurian AI and is expected to […] The post KPMG Turns to AI Simulations to Replace Years of Repetitive Tax Training as Automation Reshapes White-Collar Work appeared first on Tekedia.