Getting ready for the Abia State Third Year Anniversary Discussion on the impactful leadership of Governor Dr. Alex Otti at the International Conference Centre, Umuahia. Prof. Chidi Odinkalu will deliver the keynote address, while Dr. Bolaji Akinyemi and I will join the discussion to reflect on the journey, reforms, and development trajectory of Abia State […] The post Prof. Ndubuisi Ekekwe – Discussant at the Abia State 3rd Year Anniversary Dialogue on Governor Alex Otti’s Transformational Leadership appeared first on Tekedia.

When Zipline first entered Nigeria in 2022, the company’s operations looked like another ambitious health-tech pilot: drones delivering vaccines and medical supplies across a handful of underserved states. 

Salesforce chief executive Marc Benioff is leaning on aggressive share repurchases and an expanded artificial intelligence strategy as the cloud software company confronts renewed investor skepticism over its long-term growth outlook and competitive positioning in the generative AI era. Speaking on CNBC’s “Mad Money” on Wednesday, Benioff said the company’s near-term priority remains execution rather […] The post Salesforce CEO Marc Benioff Doubles Down On Buybacks And AI Integration To Turn Around His Struggling Stock appeared first on Tekedia.

African Development Bank (AfDB) has projected a modest slowdown in Africa’s economic growth this year, warning that escalating tensions in the Middle East are beginning to feed into fuel, fertilizer, and food costs across the continent, threatening household purchasing power and macroeconomic stability. In its latest annual economic outlook released during the bank’s meetings in […] The post AfDB Reviews Africa’s Growth Outlook Downward to 4.2% as Middle East Crisis Raises Fresh Inflation Risks appeared first on Tekedia.

Spotify is expanding deeper into spoken-word journalism, rolling out narrated versions of long-form articles from major international publications as it seeks to strengthen user engagement, diversify its audio catalogue, and compete more directly across podcasts, audiobooks, and AI-generated entertainment formats. The company said on Tuesday that it will introduce more than 650 English-language narrated articles […] The post Spotify Pushes Into Spoken Journalism as It Builds an All-In-One Audio Ecosystem to Boost Engagement appeared first on Tekedia.

SK Hynix became the latest company to join the exclusive $1 trillion market capitalization club on Wednesday, as relentless demand for high-bandwidth memory chips used in AI servers propelled the South Korean semiconductor giant to a record valuation and lifted the broader market to new heights. Shares of SK Hynix soared as much as 14.9% […] The post SK Hynix Surges Past $1tn Market Value, Cementing South Korea as AI Chip Powerhouse Alongside Samsung and Micron appeared first on Tekedia.

Crypto markets have once again tilted into uncertainty as sentiment collapses into extreme fear, following a sharp downturn that dragged Bitcoin below the $75,000 mark. Bitcoin price plunged significantly to trade as low as $74,840, from an intra-day high of $77,800. This saw the crypto Fear & Greed Index fall to 25 out of 100 […] The post Crypto Sentiment Slips Into ‘Extreme Fear’ as Bitcoin Plunges Below $75K appeared first on Tekedia.

Qualcomm Inc. has struck a significant agreement with ByteDance Ltd., the owner of TikTok, to supply millions of custom artificial intelligence chips for data centers, marking a major milestone in the U.S. chipmaker’s efforts to expand beyond its traditional smartphone dominance into the high-growth AI infrastructure market. Bloomberg made the report, citing people familiar with […] The post Qualcomm Secures Major Win with ByteDance AI Chip Deal, Boosting Its Push into Data Center Infrastructure appeared first on Tekedia.

Cerebras CEO Andrew Feldman is pushing back against the narrative of AI as an extractive force on communities, arguing that data centers, the massive facilities powering the AI boom, can and should be built in ways that deliver tangible benefits to the towns and cities that host them, rather than imposing hidden costs. In a […] The post Cerebras CEO Andrew Feldman Calls for Community-Friendly AI Infrastructure Buildout, Urging Industry to Become “Good Neighbors” appeared first on Tekedia.

In today's edition: Spiro acquires Coexlion || Wasoko co-founder launches new fund || Absa taps former Standard Bank exec || CAK proposed fines for Kenyan telcos

Analysts at Goldman Sachs have raised their year-end 2026 target for the S&P 500 to 8,000 from 7,600, becoming the latest major Wall Street firm to argue that the artificial intelligence investment boom is strong enough to keep driving U.S. equities higher despite mounting geopolitical and inflation risks. The new forecast implies another 6.4% upside […] The post Goldman Sachs Lifts S&P 500 Target to 8,000 as AI Boom Continues to Power Wall Street appeared first on Tekedia.

Peter Schiff, one of Bitcoin’s most vocal critics, has renewed his warning that the world’s largest cryptocurrency remains nothing more than a highly correlated risk asset vulnerable to a severe market collapse. According to Schiff, Bitcoin’s price movements continue to mirror broader speculative markets, particularly tech stocks, making it far from the “safe haven” many […] The post Peter Schiff: Bitcoin is A Correlated Risk Asset Doomed to Crash Harder appeared first on Tekedia.

Fresh doubts are emerging on Wall Street over the growing optimism that the United States and Iran are close to ending a conflict that has already rattled global energy markets, disrupted shipping flows, and revived fears of another inflation shock for the world economy. While markets initially rallied after President Donald Trump said over the […] The post Oil Markets Brace for Prolonged Crisis as Piper Sandler Warns Strait of Hormuz Not Opening Soon appeared first on Tekedia.

Admaius Capital Partners has launched Virunga Africa Fund II, targeting $500 million in growth equity across five markets: Egypt, Kenya, Morocco, Rwanda and South Africa. The fund plans to back between 10 and 12 companies, deploying tickets of $15 million to $50 million per investment. It will primarily seek majority stakes, though strategic minority positions […] The post Admaius Capital Partners Launches $500M Virunga Africa Fund II appeared first on Tech In Africa.

AHL Venture Partners has reached a first close of $30.5 million for its AHL Africa Credit Fund I, the firm’s first formal private credit vehicle after nearly two decades operating as an advisory arm to the AHL Charitable Foundation. The fund is anchored by the AHL Foundation and has brought in three family offices as […] The post AHL Venture Partners Hits $30.5M First Close for Africa Private Credit Fund appeared first on Tech In Africa.

France-backed pan-African programme Digital Africa has officially launched the Digital Africa Seed Fund (DASF), a dedicated seed-stage vehicle targeting between €30 million and €50 million. The announcement was made at the Africa Forward Summit in Nairobi on 12 May 2026. The fund will write cheques of between €300,000 and €2 million into roughly 30 technology […] The post Digital Africa Launches $58M Seed Fund Targeting Overlooked African Markets appeared first on Tech In Africa.

The prevailing narrative around the AI capital expenditure boom frames it as a simple function of financing conditions and software cycles: so long as capital is abundant and models keep improving, hyperscaler spending appears self-reinforcing. Yet this view misses the more binding constraints. The ultimate check on an AI CapEx orgy is not merely the […] The post AI CapEx Orgy Is Not Merely the Availability of Capital but Convergence of Energy appeared first on Tekedia.

France’s biggest bank, BNP Paribas, is intensifying efforts to harden its cyber defenses as a new generation of powerful artificial intelligence models begins reshaping the global security landscape and exposing vulnerabilities at unprecedented speed. Marc Camus, the bank’s chief information officer, said the rise of advanced AI systems capable of rapidly identifying software weaknesses has […] The post BNP Paribas, In Partnership with Mistral, Races to Reinforce Cyber Defenses as AI-Powered Threats Escalate appeared first on Tekedia.

Across Africa’s startup and digital business ecosystem, the content challenge is one that almost every founder and marketer recognizes immediately. Your product is good. Your story is worth telling. But the gap between having something worth communicating and having the resources to communicate it through video — the format that actually moves audiences in 2025 […] The post How African Entrepreneurs Are Using Text to Video AI to Scale Their Content Without Big Budgets appeared first on Tech In Africa.

The question of whether the AI sector is entering a speculative bubble hinges on a tension between accelerating real-world adoption and increasingly stretched financial expectations. In practice, both forces are simultaneously true: artificial intelligence is delivering measurable productivity gains across industries, while capital markets are pricing a future that may be arriving faster in narrative […] The post AI Industry is in a Bifurcated Boom Rather Than a Uniform Bubble appeared first on Tekedia.

Strategy (formerly MicroStrategy), has further cemented its position as the world’s largest corporate holder of Bitcoin after growing its stash to 843,738 BTC, now valued at approximately $64.45 billion. The company’s aggressive accumulation strategy, championed by Executive Chairman Michael Saylor, continues to draw global attention as Bitcoin’s rising price boosts the firm’s unrealized gains and […] The post Strategy Hits 843,738 BTC Worth $64.45 Billion appeared first on Tekedia.

US technology giants are now projected to deploy roughly $750 billion in capital expenditure this year toward AI infrastructure, marking one of the most aggressive industrial investment cycles in modern computing history. The figure reflects a convergence of hyperscaler expansion, generative AI demand, and a structural shift toward compute-intensive workloads. Firms are building end-to-end AI […] The post US Tech Giants Projected to Spend $750B on AI Infrastructure appeared first on Tekedia.

Private equity-backed Applied Aerospace & Defense is seeking a valuation of up to $3.59 billion in its U.S. initial public offering, joining a fast-growing wave of defense and aerospace firms rushing to tap buoyant investor demand fueled by geopolitical instability, surging military spending, and the global race to modernize weapons systems. The Huntsville, Alabama-based contractor […] The post Applied Aerospace Targets $3.6 Billion Valuation as Defense IPO Boom Accelerates appeared first on Tekedia.

President Donald Trump has issued a strong reaffirmation of his commitment to digital assets, declaring that the United States must remain the undisputed Bitcoin and cryptocurrency capital of the world. Trump in a post on Truth social emphasized the importance of maintaining the authority of the Commodity Futures Trading Commission (CFTC) over prediction markets, arguing that […] The post Trump Vows: America Will Remain The Bitcoin And Crypto Capital of The World appeared first on Tekedia.

SpaceX has successfully pushed the Pentagon to nearly double its payments for Starlink connectivity on U.S. kamikaze drones during the Iran war, Reuters reports, citing sources. The development is seen as an indication of Elon Musk’s company’s growing leverage over critical U.S. military capabilities at a time when the satellite network has become indispensable in […] The post Musk Tightens Grip on U.S. Military as SpaceX Reportedly Secures Higher Pay from Pentagon for Kamikaze Drones appeared first on Tekedia.

A union representing Samsung Electronics’ consumer electronics workers has escalated an already tense labor dispute by asking a South Korean court to block a vote on a government-mediated pay agreement that heavily favors the company’s semiconductor divisions, significantly complicating Samsung’s efforts to restore stability after weeks of strike threats. The Samsung Electronics Co Union (SECU), […] The post Samsung Faces Deepening Labor Crisis as Consumer Electronics Union Seeks Court Block on AI-Favored Pay Deal appeared first on Tekedia.

In cities like Lagos, Nigeria, and Nairobi, Kenya, delivery is not just moving food or products from one point to another. It is also navigating traffic snarl-ups that can take hours, some streets that digital maps still struggle to recognise, and consumers who demand convenience while living inside deeply informal economies. Dima Rasnovsky, who oversees […]

Tech Jobs Growing in 2026 Despite the AI Headlines If headlines make it sound like artificial intelligence is replacing every worker, you are not imagining things. Every… TechCity

The Africa Jobs Fund (AJF) is a new philanthropic investment fund which aims to raise $100 million to support companies that create jobs across Africa.

South Africa-headquartered 4Sight Holdings is positioning itself as a key player in Africa’s AI economy, leveraging a “Cape to Cairo” strategy built around cloud, industrial technology and intelligent automation Buoyed by strong FY26 results announced on Wednesday, 4Sight Holdings chief executive officer Tertius Zitzke outlined an ambitious vision to position the company at the centre […]

Switching between different Artificial Intelligence (AI) chatbots or agents can feel like moving into a new house. Many users are eager to try Anthropic’s AI assistant, Claude, because it proves helpful in assisting with tasks.  However, the biggest hurdle for users might be the thought of starting from scratch. The hesitation to switch often boils […]

If you were allowed to change one thing about your life’s journey, you may be tempted to alter its course and pull at a few threads—erase a wrong decision here, or fast-forward through a difficult season there.  Ruby Igwe, the Regional Director for West and Central Africa at ALX Africa, a tech-enabled career accelerator, explicitly […]

Table of contents Why won’t these phones get Android 17? Flagships and Fan Edition phones Foldables Galaxy A series Galaxy M and F series Tablets What One UI 8.5 means for your phone Samsung phones that are getting Android 17 What this means for you Android 17 is almost here. Google is expected to release  […]

In today's edition: SA sets January 2027 for revised AI policy || Namibia Telecom faces regulatory scrutiny || Pepkor’s phone financing business is growing || PayPal, Vodacom partner in Tanzania

How to Protect Your Kids Online Without Destroying Their Trust The internet can help children learn, connect, and explore. However, it also comes with risks. From scams and… TechCity

Bank of Ghana suspends MTN Ghana’s planned 0.75% wallet-to-bank transfer fee pending consultations with industry stakeholders.