Naija News Feed
Technology
Farcaster Seeks Another New Owner as Revenue Plummets, as Pump.fun, Compound and Ansem Signal a New Phase for DeFi, Memecoin Innovation
Farcaster, once one of the most prominent decentralized social networking protocols in the crypto industry, is facing renewed questions over its long-term sustainability as revenues fall sharply and its ownership structure continues to evolve. The platform’s struggles highlight the difficult economics of building decentralized social networks in an industry where user attention is highly competitive […] The post Farcaster Seeks Another New Owner as Revenue Plummets, as Pump.fun, Compound and Ansem Signal a New Phase for DeFi, Memecoin Innovation appeared first on Tekedia.
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Google is giving Nigerian students a year of free AI access
TechCabal -
U.S. Debt Tops $40tn as Rising Interest Costs and Deficits Deepen Fiscal Strain: DOGE Fails to Halt Fiscal Deterioration
U.S. government debt has crossed the $40 trillion threshold for the first time, exposing the widening gap between Washington’s ambitions to reduce federal spending and the fiscal realities of an economy in which interest costs, Social Security and healthcare obligations are growing faster than government revenues. The Treasury Department’s latest daily statement showed total public […] The post U.S. Debt Tops $40tn as Rising Interest Costs and Deficits Deepen Fiscal Strain: DOGE Fails to Halt Fiscal Deterioration appeared first on Tekedia.
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Bitcoin ETFs See $130 Million in Net Inflows
Bitcoin exchange-traded funds (ETFs) are once again attracting significant investor attention, with U.S. spot Bitcoin ETFs recording approximately $130 million in net inflows. The development highlights a renewed appetite for regulated Bitcoin exposure at a time when cryptocurrency markets remain sensitive to macroeconomic uncertainty, shifting interest-rate expectations and fluctuations in risk appetite. The latest inflow […] The post Bitcoin ETFs See $130 Million in Net Inflows appeared first on Tekedia.
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Bitcoin Hits $70,000 for The First Time Since June Amid Short Squeeze and Liquidity Boost
Bitcoin has surged back above the $70,000 mark for the first time since June, marking a sharp rebound as increased market liquidity and a wave of short liquidations fuel renewed buying pressure across the crypto market. The cryptocurrency climbed from the mid-$64,000 range earlier in the session to exceed the psychologically important $70,000 mark on […] The post Bitcoin Hits $70,000 for The First Time Since June Amid Short Squeeze and Liquidity Boost appeared first on Tekedia.
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South Africa’s Jem Secures $8.4M Series A to Expand WhatsApp-Based Workforce Platform
Tech In Africa -
Robinhood Rolls Out Agentic Trading for Crypto, as BitMine Expands Ethereum Holdings to 4.8% of Total Supply
Robinhood is taking another significant step toward the convergence of artificial intelligence and cryptocurrency markets with the rollout of agentic trading for crypto. The initiative allows eligible users to connect artificial intelligence agents to Robinhood’s trading infrastructure, giving software the ability to analyze market information and execute crypto strategies on a user’s behalf. The development […] The post Robinhood Rolls Out Agentic Trading for Crypto, as BitMine Expands Ethereum Holdings to 4.8% of Total Supply appeared first on Tekedia.
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Exits MENA Moves to Acquire Avanz Capital Egypt in Major Private Capital Expansion
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U.S. 30-Year Treasury Yield Hits 19-Year High as Inflation and Fiscal Fears Intensify
The U.S. Treasury market is facing renewed pressure as the yield on the 30-year Treasury bond climbs to its highest level in roughly 19 years, reflecting growing investor concerns about inflation, government borrowing and geopolitical uncertainty. On August 18, the benchmark long-term yield reached approximately 5.33%, its highest level since 2007. The move is significant […] The post U.S. 30-Year Treasury Yield Hits 19-Year High as Inflation and Fiscal Fears Intensify appeared first on Tekedia.
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AI is making Africa’s cheapest smartphones harder to afford
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The 7 Best Platforms for BNB to XMR Swaps (2026)
A handful of non-custodial instant swap services stand out when it comes to moving BNB into Monero in 2026. Some put privacy first, others remove any account requirement entirely, and a few focus on speed with fixed rates. Quick Verdict on Top Platforms One option ranks highest overall for privacy and BNB-specific routing. Another suits […] The post The 7 Best Platforms for BNB to XMR Swaps (2026) appeared first on Tekedia.
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Critical Minerals and the Fragile Foundations of the Energy and Digital Transition
The global transition toward electric vehicles, renewable energy, data centres and modern power grids is creating an unprecedented appetite for minerals and industrial materials. Technologies that are often presented as symbols of a cleaner and more digital economy depend on vast quantities of copper, lithium, nickel, cobalt, graphite, rare earth elements and other critical inputs. […] The post Critical Minerals and the Fragile Foundations of the Energy and Digital Transition appeared first on Tekedia.
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African content has found a global market. Now comes the fight over the money
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How AI and Emerging Technologies Are Changing the Future
In a world defined by accelerating change and overlapping crises, the future can feel increasingly unstable and difficult to navigate. Geopolitical fragmentation, technological disruption, economic uncertainty and environmental pressures are reshaping societies at a remarkable pace. Leaders across governments, businesses and institutions face a difficult challenge: they must respond to immediate problems while simultaneously preparing […] The post How AI and Emerging Technologies Are Changing the Future appeared first on Tekedia.
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Federal Reserve July FOMC Minutes Set the Stage for the Next Policy Decision
The U.S. Federal Reserve is preparing to release the minutes of its July Federal Open Market Committee meeting, offering investors a detailed look at the debate among policymakers over interest rates, inflation, employment and the broader economic outlook. The July 28–29 meeting was closely watched because monetary policy remains at the center of financial-market expectations, […] The post Federal Reserve July FOMC Minutes Set the Stage for the Next Policy Decision appeared first on Tekedia.
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Tekedia Capital Invests in Apollo Atomics and the Compact Nuclear Energy Revolution for the AI Age
The age of compact nuclear energy is emerging, and Apollo Atomics is entering the arena with an oversubscribed $31 million seed round to accelerate the commercialization of its next-generation nuclear reactors. An MIT spinoff, Apollo Atomics is redesigning the pressurized water reactor, not by abandoning proven nuclear science, but by improving its economics, scale and […] The post Tekedia Capital Invests in Apollo Atomics and the Compact Nuclear Energy Revolution for the AI Age appeared first on Tekedia.
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What AMACO’s $1.5bn Kenya AI project can teach Africa about energy
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U.S. Treasury Yields Retreat As Debt Buyback Eases Pressure On Long-Term Bonds
U.S. Treasury yields retreated sharply on Wednesday from multi-year highs after the Treasury Department announced plans to double the size of its government debt buybacks, providing support to longer-dated bonds following a global selloff driven by concerns over rising public debt, inflation and higher borrowing costs. The 30-year Treasury yield fell nearly 9 basis points […] The post U.S. Treasury Yields Retreat As Debt Buyback Eases Pressure On Long-Term Bonds appeared first on Tekedia.
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SK Hynix Unveils $28.6bn Buyback as AI Boom Fuels Record Cash, Investor Pressure
SK Hynix will return a much larger share of its cash to investors, announcing a 40 trillion won ($28.61 billion) share buyback and cancellation programme as the world’s leading supplier of high-bandwidth memory seeks to reassure shareholders that the artificial intelligence boom still has room to run. The South Korean chipmaker said on Wednesday it […] The post SK Hynix Unveils $28.6bn Buyback as AI Boom Fuels Record Cash, Investor Pressure appeared first on Tekedia.
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Anthropic Prepares $10bn Credit Line, Signaling Growing Debt Appetite Ahead of IPO
Anthropic is preparing to expand its borrowing capacity beyond a targeted $10 billion, adding another layer of financing to the artificial intelligence boom as the Claude maker lays the groundwork for a potential blockbuster initial public offering. The company is in discussions with banks over a revolving credit facility that could exceed its original $10 […] The post Anthropic Prepares $10bn Credit Line, Signaling Growing Debt Appetite Ahead of IPO appeared first on Tekedia.
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Global Bond Selloff Deepens As Debt, Inflation And Oil Pressures Unsettle Markets
European government bond yields climbed to multi-year highs on Wednesday as investors extended a global selloff in sovereign debt, with rising government borrowing, persistent inflation and higher oil prices intensifying concerns about the sustainability of public finances. The pressure was broad-based. German 10-year and 30-year Bund yields reached fresh 15-year highs, with the 10-year yield […] The post Global Bond Selloff Deepens As Debt, Inflation And Oil Pressures Unsettle Markets appeared first on Tekedia.
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Galaxy Watch 9 vs Galaxy Watch Ultra 2: Full comparison
TechCabal -
Step-down Transformer Applications in Commercial and Industrial Networks
Step-down Transformer Applications in Commercial and Industrial Networks Power distribution systems in commercial buildings and industrial facilities must deliver the right voltage to different types of… TechCity
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Comsol enters wholesale 5G home broadband market with backing from new shareholders 
Comsol, a South African fixed wireless connectivity and private network operator with a history spanning nearly three decades, is entering the home broadband market as a wholesale provider of 5G infrastructure. The move is backed by two new shareholders: Platform Investment Partners, which has made 10 founder-stage fibre investments across four geographies over the past […]
IT News Africa -
 
 
AI Hardware Boom Creates $12.4 Trillion S&P 500 Powerhouse
Artificial intelligence may be best known for chatbots and large language models, but a growing share of the value being created by the AI boom is sitting much deeper in the technology stack. A new analysis by investment research platform BestBrokers has identified 28 companies in the S&P 500 that are directly involved in supplying […]
IT News Africa -
AI is making work easier, but is it making us think less?
This Women’s Month, much of the conversation will focus on how women can access leadership and growth opportunities in an AI-driven economy. However, we must ensure that the skills and qualities that have historically allowed women to rise to the leaders they are today are not lost in the rush towards AI. Deloitte’s legal sector […]
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How Zoyk’s Smart Invoicing Is Helping Businesses Get Paid Faster
Every business sends invoices. Yet for many businesses, creating the invoice is not the difficult part. Getting it paid is. An invoice is sent. The customer asks for payment details. Bank information is shared. A reference number is forgotten. Payment is made. Someone checks the bank account. Another person confirms receipt. The finance team updates […]
IT News Africa -
The future of AI in South Africa must be built, not imported
South Africa has learned repeatedly that access to strategic infrastructure and control over it are not the same thing. From mining and electricity to rail and telecommunications networks, the country’s economic trajectory has often been shaped by who owns critical capabilities and who captures the value they create. Today, a new strategic asset is emerging, […]
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South Africa: WhatsApp-based workforce management platform raises $8.4m
Jem, the WhatsApp-based workforce management platform for deskless teams, has raised an $8.4m Series A funding round led by global fintech investor Quona Capital. The investment will support Jem’s ongoing growth from an HR and benefits provider into a comprehensive AI-native workforce management platform, further enhancing its offering for frontline workers across Africa. Quona led […]
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AI fraud is outrunning South African banking defences
South Africans are increasingly being targeted by AI-generated fraudsters who sound just like bank employees. However, many local banks are still struggling with legacy tech, slow change processes, limited data visibility, and a risk that is growing faster than their response. According to the 2026 Anti-Fraud Technology Benchmarking Report from the Association of Certified Fraud […]
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Telviva launches intelligent digital agent ‘Viva’ to fast-track enterprise AI adoption for SA businesses
Telviva, a leader in cloud-based unified communications, has announced the launch of Viva, an intelligent voice and text-based digital agent solution designed to make enterprise-grade AI practical, affordable, and accessible for South African businesses. Built and hosted locally, Viva marks the next chapter in Telviva’s journey of enabling quality business conversations by transforming how companies […]
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Helix Project Aims to Improve Access to Precision Ovarian Cancer Diagnostics
AstraZeneca has launched the Helix Project in South Africa, an initiative aimed at expanding access to advanced diagnostic testing for eligible ovarian cancer patients and supporting faster, more informed treatment decisions. Ovarian cancer remains one of the most challenging cancers affecting women, in part because it is often diagnosed at a later stage. Outcomes can […]
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👨🏿‍🚀TechCabal Daily – Absa, but make it Nigerian
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Why South Africa’s Venture Pipeline Needs to Start at Seed Stage
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Nigeria has taught entrepreneurship for years. Is it actually converting?
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These Kenyan startups raised $500 million before shutting down. Where are the founders now?
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