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Technology
Companies Rehire Workers After AI-First Strategies Fall Short, Raising Questions About Long-Term Automation Bets
After two years of aggressive cost-cutting and promises that artificial intelligence would replace large sections of the workforce, a growing number of companies are reversing course, rehiring employees after discovering that AI systems still struggle with complex, judgment-based and customer-facing tasks. The trend is emerging at a time when investors are questioning how quickly companies […] The post Companies Rehire Workers After AI-First Strategies Fall Short, Raising Questions About Long-Term Automation Bets appeared first on Tekedia.
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Abu Dhabi’s MGX Closes $49bn AI Fund as Global Capital Rush Into Artificial Intelligence Accelerates
Abu Dhabi-based investment firm MGX has closed a $49 billion artificial intelligence investment fund, creating one of the largest dedicated AI investment vehicles ever assembled as global investors intensify their race to finance the next generation of AI companies and infrastructure. The fund, announced on Wednesday, exceeded its original $45 billion fundraising target, attracting institutional […] The post Abu Dhabi’s MGX Closes $49bn AI Fund as Global Capital Rush Into Artificial Intelligence Accelerates appeared first on Tekedia.
Tekedia -
Knowlix AI Launches an AI Teammate to Simplify SME Operations Across Africa
Knowlix AI has introduced an AI powered business platform designed to support small businesses across 29 African countries and several other markets worldwide. The Munich based startup said its platform enables businesses to manage customer relationships, invoicing, inventory, projects, and other back office operations from a single system. At launch, the platform will be available […] The post Knowlix AI Launches an AI Teammate to Simplify SME Operations Across Africa appeared first on Tech In Africa.
Tech In Africa -
Climate Adaptation Leads as Village Capital Invests USD 500K Across Africa
Tech In Africa -
Open Startup Unveils New Strategy to Drive Research Led Innovation Across Africa
Tech In Africa -
1001 Strengthens GCC AI Ambitions With $30 Million Series A Funding
Sovereign AI company 1001, with operations across the GCC and London, has secured $30 million in a Series A funding round led by Lux Capital. The investment also attracted participation from PIF owned Sanabil Investments, 9Yards, and Hanabi, while existing investors General Catalyst, CIV, and Stanford AI researcher Chris Ré increased their commitments. The round […] The post 1001 Strengthens GCC AI Ambitions With $30 Million Series A Funding appeared first on Tech In Africa.
Tech In Africa -
Catalyst Fund completes $30 million second close to back Africa’s climate-tech startups
TechCabal -
Is the Infinix Note 50 still worth buying in 2026?
A year later, the Infinix Note 60 has arrived, and the Note 50's price has fallen sharply, making it worth a second look.
TechCabal -
Tech Wins H1 Rally, But Wall Street Not in the Lead as AI Boom Powers Emerging Markets and Semiconductor Stocks
The global technology rally gathered remarkable momentum in the first half of 2026, but the biggest winners were no longer America’s trillion-dollar technology giants. Instead, investors increasingly rotated into semiconductor manufacturers, AI infrastructure suppliers and international technology stocks, signaling that the artificial intelligence investment boom is broadening well beyond Silicon Valley. While U.S. Big Tech […] The post Tech Wins H1 Rally, But Wall Street Not in the Lead as AI Boom Powers Emerging Markets and Semiconductor Stocks appeared first on Tekedia.
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Regal Rexnord Emerges as AI Infrastructure Play as Kerrisdale Sees 81% Upside
Investment firm Kerrisdale Capital, best known for its high-profile short-selling campaigns, has shifted to a bullish stance on industrial automation company Regal Rexnord, arguing that Wall Street is significantly undervaluing a business that sits at the intersection of two of the fastest-growing technology themes: artificial intelligence data centers and humanoid robotics. In a report published […] The post Regal Rexnord Emerges as AI Infrastructure Play as Kerrisdale Sees 81% Upside appeared first on Tekedia.
Tekedia -
Afreximbank says Spiro investment signals Africa’s battery ambitions
TechCabal -
Why Cold Storage Infrastructure Depends On High Performance Insulated Metal Panels
Holding items like food, medicine, or certain chemicals requires spaces that stay cold without fail. From vegetables to vaccines, consistency matters most when surroundings never waver. A minor shift in warmth might compromise freshness, cause early spoilage, or bring financial setbacks. Because reliability is non-negotiable, each component within such structures supports steady performance. A critical […] The post Why Cold Storage Infrastructure Depends On High Performance Insulated Metal Panels appeared first on Tekedia.
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Why Every HR Leader Should Be Paying Attention to AI in 2026
Artificial intelligence is no longer a future trend in Human Resources—it is rapidly becoming the engine behind modern recruitment, learning, employee engagement and workforce planning. Across South Africa, HR leaders are under pressure to hire faster, retain top talent, improve employee wellbeing and deliver measurable business value, often with limited resources. At the same time, […]
IT News Africa -
Nigeria heads into 2027 election worried about AI, report warns it’s unprepared
TechCabal -
Engineering resilience into Africa’s energy future
Africa’s energy transition is often discussed in terms of generation capacity, investment pipelines, and megawatts added to the grid. While these metrics matter, they only tell part of the story. The real challenge facing the continent is not simply producing more electricity. It is building resilient, integrated infrastructure systems that can support long-term economic and […]
IT News Africa -
Novastar joins Google Africa Applied AI Lab to back startups
TechCabal -
Battery rentals spread from South Africa to Nigeria as energy costs rise
TechCabal -
Kenya court says restructuring alone cannot justify layoffs, raising startup risks
TechCabal -
Packard Bell Debuts First Smartphone, Unveils Industry-First AI-Generated Ad Campaign
Packard Bell has entered the smartphone market with the launch of its first handset, the Daytona G16 Pro, an Android-powered device aimed at consumers seeking premium features at an affordable price. The launch also marks another first for the brand: a fully AI-generated advertising campaign. Developed using artificial intelligence from concept and scriptwriting through to […]
IT News Africa -
Payments are costing online businesses more than they think
Nobody builds an online store hoping customers will give up at the last click. Yet that is exactly where too many businesses still lose sales: the customer was ready to buy and the business had already done the hard part, but then the checkout got in the way. Payments should be central to how African […]
IT News Africa -
Binance Surpasses $1 Billion in Assets Under Management for Stocks Trading in 30 Days
Binance, a leading blockchain ecosystem and digital asset infrastructure provider, today announced that stock trading on its platform has surpassed $1 billion in assets under management (AUM) in 30 days since launch. The milestone is accompanied by more than $3 billion in total trading volume since the product went live on June 1, 2026.  Stock […]
IT News Africa -
Enterprises Begin Reining in AI Spending as Token Costs Mount, UBS Analysts Find, Signaling a Maturing Phase in Corporate Adoption
Executives at large companies are becoming increasingly mindful of escalating AI-related expenses, with roughly 60% of enterprises now implementing some form of guardrails to manage or throttle their spending, according to recent conversations with IT leaders compiled by UBS analysts. In a report released this week, UBS analysts Karl Keirstead, Timothy Arcuri, Taylor McGinnis, and […] The post Enterprises Begin Reining in AI Spending as Token Costs Mount, UBS Analysts Find, Signaling a Maturing Phase in Corporate Adoption appeared first on Tekedia.
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Nigeria’s new identity law turns NIMC into the country’s digital trust authority
TechCabal -
Cyber resilience moves from IT issue to board risk
Cybersecurity has shifted decisively from an IT concern to a core business risk, and South African organisations are feeling this change acutely. The World Economic Forum’s Global Cybersecurity Outlook 2026 in collaboration with Accenture, highlights a global environment where cyber risk is intensifying in scale, complexity and impact. Over the past year, these pressures have […]
IT News Africa -
 
 
India asks Meta to delay WhatsApp username rollout over fraud concerns
Key points Main Story The Indian government has asked Meta to postpone the rollout of WhatsApp’s upcoming username feature over concerns that it could increase online fraud and impersonation attacks. The request comes as authorities intensify efforts to combat a sharp rise in cybercrime, with fraudsters increasingly exploiting low levels of digital literacy among internet […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.
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👨🏿‍🚀TechCabal Daily – Nigeria’s Central Bank is cleaning house
TechCabal -
Does Your Phone Cause Anxiety in 2026? What the Research Really Says
Does Your Phone Cause Anxiety in 2026? What the Research Really Says It’s become a familiar routine. You pick up your phone to reply to one message. Twenty minutes later,… TechCity
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CBN revokes 47 microfinance bank licences as Sycamore cites legacy issues
TechCabal -
10 Tech Skills on South Africa’s Critical Skills List
South Africa continues to face shortages in key technology roles, creating opportunities for qualified foreign professionals to apply for a Critical Skills Work Visa. According to Home Affairs’ visa requirements, applicants must select one occupation from the latest Critical Skills List and provide proof that they fall within that category. A Critical Skills Work Visa […]
IT News Africa -
ILO, Microsoft Launch Digital Skills Programme for Refugee Youth in Kenya
The International Labour Organization (ILO), in partnership with Microsoft, Power Learn Project Africa, the Government of the Netherlands and the Turkana County Government, has launched a new digital skills and employment programme aimed at improving job opportunities for refugee and host community youth in Kenya. The initiative, delivered under the ILO’s PROSPECTS Partnership, will train […]
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Why Google is building Africa’s AI future from South Africa
TechCabal -
Leadership Change at Tarsus Distribution as CEO Emile Burger Resigns
Tarsus Distribution has announced that CEO Emile Burger will step down from his role after leading the company through a period of sustained growth and expansion. Burger, who previously served as the company’s Chief Financial Officer before being appointed CEO, said the decision was a personal one and comes at a time when the business […]
IT News Africa -
Grey Launches Local Currency Deposits in Ghana and Kenya
Grey has introduced local currency deposits in Ghana and Kenya, allowing users to fund their Grey accounts directly in Ghanaian Cedis (GHS) and Kenyan Shillings (KES) through bank transfers and mobile money. The new feature eliminates the need for multiple platforms or intermediaries, making it easier for individuals and businesses to access Grey’s global financial […]
IT News Africa -
How to get the most out of Google’s AI Mode in Search
TechCabal -
Oppo Reno 16: Price, release date, and full specs
TechCabal -
Why Zoyk’s POS Is Getting Attention Across the SADC Region
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