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👨🏿‍🚀TechCabal Daily – Terra is playing defence
In today's edition: Terra Industries creates JV with Nigeria’s DICON || Nedbank gets cleared for NCBA takeover || Walmart to open more stores in SA || LoftyInc Capital invests in WafR
TechCabal -
X Reportedly Developing a “Made with AI” 
X is developing a “Made with AI” label for content disclosure. The feature is in active development but not yet fully rolled out. It allows users to voluntarily tag their posts especially those with text, images, video, or other media as AI-generated or synthetically created. Independent app researcher Nima Owji spotted the in-development toggle in […] The post X Reportedly Developing a “Made with AI”  appeared first on Tekedia.
Tekedia -
US Stocks Futures Pointing Lower in Premarket Trading
U.S. stock futures are pointing lower in premarket trading aligning with the observation of equities falling around 0.5%. This comes amid renewed uncertainty over U.S. trade policy following President Donald Trump’s announcement of a new 15% global tariff after the Supreme Court struck down his prior broader “reciprocal” tariffs late last week. Key futures levels […] The post US Stocks Futures Pointing Lower in Premarket Trading appeared first on Tekedia.
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US Pending Home Sales Fall to Lowest Levels Recorded in Mid 2010
The National Association of Realtors (NAR) report shows that the Pending Home Sales Index which tracks signed contracts for existing homes, a leading indicator for future closed sales, dropped 0.8% month-over-month in January 2026 to 70.9—the lowest level since records began in 2001 and some sources note it’s the lowest in the NAR’s data series […] The post US Pending Home Sales Fall to Lowest Levels Recorded in Mid 2010 appeared first on Tekedia.
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Indian Markets Rally After U.S. Supreme Court Voids Trump Tariffs, Export Stocks Lead Gains
Indian equities advanced across sectors as investors recalibrated export risk after the U.S. Supreme Court struck down key Trump tariffs, though fresh policy moves from Washington kept volatility risks alive. Indian equities opened the week on a firm footing, with benchmark indices climbing in a broad-based rally after the Supreme Court of the United States […] The post Indian Markets Rally After U.S. Supreme Court Voids Trump Tariffs, Export Stocks Lead Gains appeared first on Tekedia.
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Friedrich Merz’s Trip to China Focuses on Enhancing Trade Balances, as Manfred Weber Calls for Greater German Commitment to European Defence
Chancellor Friedrich Merz’s upcoming trip to China. Hildegard Müller, president of the VDA; Verband der Automobilindustrie, Germany’s key auto industry association, told Welt am Sonntag that Merz should clearly outline areas where China distorts competition through subsidies, overcapacities, and other practices. She emphasized that talks should aim to open markets mutually on both sides, rather […] The post Friedrich Merz’s Trip to China Focuses on Enhancing Trade Balances, as Manfred Weber Calls for Greater German Commitment to European Defence appeared first on Tekedia.
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A Foray At Base’s Transition Away from the OP Stack
Base is Coinbase’s Ethereum Layer 2 blockchain, and it was built using the OP Stack from Optimism; the same modular framework that powers Optimism itself, among other chains. Base continues to benefit from shared upgrades, security models, and interoperability within the Superchain such as features like native interoperability, shared sequencing plans, and collective governance elements. […] The post A Foray At Base’s Transition Away from the OP Stack appeared first on Tekedia.
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Legal & General Pledges $1bn to Revive Debt-for-Nature Swaps as U.S. Backing Wanes
Legal & General’s $1 billion commitment positions it to anchor a new generation of debt-for-nature swaps at a time when U.S. political risk backing has receded, potentially reshaping a $6 billion niche market. Britain’s largest asset manager, Legal & General, has committed up to $1 billion over the next five years to become a cornerstone […] The post Legal & General Pledges $1bn to Revive Debt-for-Nature Swaps as U.S. Backing Wanes appeared first on Tekedia.
Tekedia -
Implications of US Mortgage Rates Falling to Multi-year Lows
US mortgage rates have recently fallen to multi-year lows. According to the latest data from Freddie Mac’s Primary Mortgage Market Survey. The average 30-year fixed-rate mortgage dropped to 6.01%, down from 6.09% the previous week. This marks the lowest level since September 2022; over 3 years ago, when it last dipped below 6%. The 15-year […] The post Implications of US Mortgage Rates Falling to Multi-year Lows appeared first on Tekedia.
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It Takes 20 Years of Food & Water to Develop a Human: Altman Pushes Back on AI Water, Energy Consumption Claims
Altman drew a sharp line between what he called exaggerated per-query water claims and the very real macro-scale energy buildout AI will require, arguing the infrastructure challenge is about power generation — not gallons per prompt. At a moment when artificial intelligence is reshaping industries and straining infrastructure planning, Sam Altman is confronting one of […] The post It Takes 20 Years of Food & Water to Develop a Human: Altman Pushes Back on AI Water, Energy Consumption Claims appeared first on Tekedia.
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Recent FXHASH Funding Round Will Support Development of New Development 
Fxhash, the generative art platform and NFT marketplace, originally built on Tezos and now expanding to Ethereum and Base has announced a new funding round. The funding will support continued development of new creative tools and futures for digital art on Ethereum and Base. This appears to be a recent strategic round likely seed or […] The post Recent FXHASH Funding Round Will Support Development of New Development  appeared first on Tekedia.
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Gemini Restructuring and Laying Off 25% of its Global Workforce 
Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss (often referred to as Gemini Space Station in some contexts, ticker: GEMI), has undergone a significant restructuring in February 2026. This includes laying off approximately 25% of its global workforce up to around 200 employees and exiting operations in the UK, EU including other European […] The post Gemini Restructuring and Laying Off 25% of its Global Workforce  appeared first on Tekedia.
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Anthropic Alleges Massive Distillation Campaign by Chinese AI Labs, Escalating Fight Over Chips and Safeguards
Anthropic’s claim that 16 million Claude interactions were siphoned through 24,000 fake accounts reframes the AI race as a battle over inference access, safeguards, and chip supply — not just model training. U.S. artificial intelligence firm Anthropic has accused three Chinese AI developers, DeepSeek, Moonshot AI, and MiniMax, of orchestrating what it describes as a […] The post Anthropic Alleges Massive Distillation Campaign by Chinese AI Labs, Escalating Fight Over Chips and Safeguards appeared first on Tekedia.
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Dangote Refinery Set for Public Listing in Four Months as Retail Investors Promised Dollar Dividend Option
Aliko Dangote says ordinary Nigerians will be able to buy shares in the $20 billion Dangote Refinery within five months, with the option to receive dividends in either naira or U.S. dollars. Chairman of Dangote Group, Aliko Dangote, has confirmed that ordinary Nigerians will be able to acquire shares in the Dangote Refinery within the […] The post Dangote Refinery Set for Public Listing in Four Months as Retail Investors Promised Dollar Dividend Option appeared first on Tekedia.
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Amazon Unveils $12bn Louisiana Data Center Expansion Amid Intensifying AI Infrastructure Race
Amazon plans to invest $12 billion in new AI-focused data center campuses in Louisiana as part of a broader $200 billion capital expenditure push. Amazon on Monday announced plans to invest $12 billion in new data center campuses in Louisiana, reinforcing its aggressive expansion of artificial intelligence and cloud infrastructure even as investors weigh the […] The post Amazon Unveils $12bn Louisiana Data Center Expansion Amid Intensifying AI Infrastructure Race appeared first on Tekedia.
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Nigeria Targets 5% of GDP for Industrial Financing Under Sweeping 2025 Policy Drive
By earmarking up to 5% of GDP for industrial financing, Abuja is signaling one of the most aggressive state-backed industrial funding commitments in Nigeria’s recent economic history. The Federal Government has unveiled plans to allocate up to 5% of Nigeria’s Gross Domestic Product to industrial financing under the Nigeria Industrial Policy (NIP) 2025, marking a […] The post Nigeria Targets 5% of GDP for Industrial Financing Under Sweeping 2025 Policy Drive appeared first on Tekedia.
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U.S. Customs to Halt IEEPA Tariff Collections at Midnight Tuesday
U.S. Customs and Border Protection (CBP) announced late Monday that it will cease collecting tariffs imposed under the International Emergency Economic Powers Act (IEEPA) effective 12:01 a.m. EST (0501 GMT) on Tuesday. This comes more than three days after the U.S. Supreme Court declared those duties illegal in a landmark 6-3 ruling on Friday. In […] The post U.S. Customs to Halt IEEPA Tariff Collections at Midnight Tuesday appeared first on Tekedia.
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BOJ Faces March Rate Hike Test as Yen Weakness Collides With U.S.-Japan Diplomacy
A potential March rate hike by the Bank of Japan would mark not just a monetary adjustment, but a strategic response to currency pressure, diplomatic optics, and the fragile transition away from ultra-loose policy. The Bank of Japan could raise interest rates as soon as March if the yen resumes its slide ahead of a […] The post BOJ Faces March Rate Hike Test as Yen Weakness Collides With U.S.-Japan Diplomacy appeared first on Tekedia.
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Nigeria Tops Africa’s Stock Market Rankings in 2026 With Record Dollar Gain
The Nigerian stock market has emerged as Africa’s best-performing equity market in 2026, marked by rising valuations. According to reports, the Nigerian exchange delivered a remarkable 34.4% year-to-date return in dollar terms as of February 20, 2026. This comes as the naira currently trades at N1,333 to 1 dollar. This significant performance marks a major […] The post Nigeria Tops Africa’s Stock Market Rankings in 2026 With Record Dollar Gain appeared first on Tekedia.
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Europe Braces for Trade Chaos as Trump’s New 15% Global Tariff Sparks Alarm, Threatening Recent U.S. Deals
European officials and business leaders expressed deep alarm and uncertainty on Monday, after President Donald Trump imposed a new universal 15% tariff on all imports over the weekend, according to a CNBC report. The move came just days after the U.S. Supreme Court struck down his earlier IEEPA-based tariff regime. The rapid escalation has raised […] The post Europe Braces for Trade Chaos as Trump’s New 15% Global Tariff Sparks Alarm, Threatening Recent U.S. Deals appeared first on Tekedia.
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Treasury Yields Steady as Supreme Court Tariff Ruling and Trump’s 15% Levy Roil Trade Outlook
The clash between the Supreme Court and President Donald Trump over tariff authority has injected a new layer of legal and policy uncertainty into a bond market already balancing inflation risks against slowing growth. U.S. Treasury yields were little changed at the start of the week. Still, the calm in early trading masked a deeper […] The post Treasury Yields Steady as Supreme Court Tariff Ruling and Trump’s 15% Levy Roil Trade Outlook appeared first on Tekedia.
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Markets Showing Classic Risk-on and Risk-off Dynamics 
The market is showing classic risk-on and risk-off dynamics right now amid heightened geopolitical tensions, particularly in the Middle East involving U.S.-Iran standoffs over nuclear issues and potential disruptions in the Strait of Hormuz. Oil — Crude has pushed higher recently, with Brent settling around $71-72/barrel; recent closes near $71.76–$71.97, having surged on Iran conflict […] The post Markets Showing Classic Risk-on and Risk-off Dynamics  appeared first on Tekedia.
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Grey expands global business banking with new USD-based payment capabilities
Grey , a provider of cross-border payments solutions, has expanded its business banking offering to include USD business accounts, bulk payments, and USDC stablecoin support on a single platform. The expanded offering is designed to help businesses receive international payments, manage large-scale cross-border transactions, and reduce the cost and complexity typically associated with international banking. […] The post Grey expands global business banking with new USD-based payment capabilities appeared first on Tech In Africa.
Tech In Africa -
SeamlessHR Processes N950 Billion in Salaries Across Africa in 2025, Underscoring Role as Workforce Infrastructure
SeamlessHR, a provider of HR, payroll, learning, and recruitment solutions for businesses worldwide, processed more than N950 billion (over $600 million) in salaries across Africa in 2025, nearly doubling the N500 billion recorded in 2023. The milestone reflects the company’s growing role in supporting payroll execution, HR operations, and workforce management for organizations across banking […] The post SeamlessHR Processes N950 Billion in Salaries Across Africa in 2025, Underscoring Role as Workforce Infrastructure appeared first on Tekedia.
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USTR Greer Confirms New Section 301 Investigations Across Major Trading Partners After Supreme Court Strikes Down IEEPA Tariffs
U.S. Trade Representative Jamieson Greer announced on Friday that his office will launch multiple new investigations under Section 301 of the Trade Act of 1974, covering most major U.S. trading partners. It also spans a wide range of practices from pharmaceutical pricing to industrial overcapacity, forced labor, digital services taxes, and discrimination against U.S. technology […] The post USTR Greer Confirms New Section 301 Investigations Across Major Trading Partners After Supreme Court Strikes Down IEEPA Tariffs appeared first on Tekedia.
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OpenAI Chair Bret Taylor Urges Boards to Ditch Slides — and Skip AI — in Favor of Sharp Written Memos
Taylor’s position reframes AI not as a shortcut for governance, but as a tool that must not dilute the intellectual accountability of board members. At a time when generative systems can draft strategy papers in seconds, Bret Taylor is drawing a clear boundary between technological capability and boardroom discipline. The chairman of OpenAI said on […] The post OpenAI Chair Bret Taylor Urges Boards to Ditch Slides — and Skip AI — in Favor of Sharp Written Memos appeared first on Tekedia.
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A new index wants to prepare African startups for London IPOs
The search for exit pathways in African tech has now set eyes on London's Stock Exchange after a decade of billions of dollars invested.
TechCabal -
After MTN’s IHS deal, Africa’s tower market may no longer be neutral ground
With the IHS deal, MTN is reclaiming strategic control over assets it once sold and reshaping the economics of telecom infrastructure across its markets.
TechCabal -
Kenya’s Billion-Dollar Year: Megadeal Magic or Ecosystem Strength?
Kenya raised $1.04 billion in total startup funding in 2025 — the most capital any single African market has attracted since 2022. But the headline number hides a tension that the ecosystem cannot afford to ignore. According to Partech Africa’s 2025 VC Report, Kenya led the continent in total capital raised, growing 72% year-on-year. Africa: […] The post Kenya’s Billion-Dollar Year: Megadeal Magic or Ecosystem Strength? appeared first on Tech In Africa.
Tech In Africa -
The Most Attractive Online Casino Offers in Canada
The Canadian online gambling market has never been this competitive. Every year, we see new platforms finding their ways into the space, and established brands don’t want to get fizzled out. Because of that, they are forced to upgrade their promotions every time to stay relevant. For players, this is a good thing. It means […] The post The Most Attractive Online Casino Offers in Canada appeared first on Tekedia.
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South Africa Reclaims the Top Spot in African VC for the First Time Since 2017
For eight consecutive years, South Africa watched from behind as Nigeria, Kenya, and Egypt took turns leading Africa’s venture capital rankings. In 2025, that streak ended. According to Partech Africa’s 2025 Africa Tech VC Report, South Africa ranked first in both equity funding ($643M, +41% YoY) and equity deal count (85 rounds, +27% YoY), reclaiming […] The post South Africa Reclaims the Top Spot in African VC for the First Time Since 2017 appeared first on Tech In Africa.
Tech In Africa -
How Can NFT Horse Racing Offerings Help Horse Racing Go Global?
One of the best things about NFTs is that they can often serve a purpose and allow people to own digital items. There’s an expectation that they will play a role in metaverses in the future, as people will be able to purchase anything from property to accessories in virtual worlds. The NFT horse racing […] The post How Can NFT Horse Racing Offerings Help Horse Racing Go Global? appeared first on Tekedia.
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Kenya’s BasiGo enters fixed-route commuting once targeted by Swvl
BasiGo, a Kenyan electric bus startup, is testing Jenga buses, a scheduled commuter service in Nairobi, the country’s capital, adding a new product line alongside its core electric vehicle supply business.
TechCabal -
HAVAÍC’s African Innovation Fund 3 Reaches Third Close at Over $30M
Cape Town-based venture capital firm HAVAÍC has announced the third close of its African Innovation Fund 3, securing over $30 million in commitments toward a $50 million target. The latest close follows an investment from E Squared Investments, a South African impact investor established by Allan Gray in 2007. E Squared joins existing investors Fireball […] The post HAVAÍC’s African Innovation Fund 3 Reaches Third Close at Over $30M appeared first on Tech In Africa.
Tech In Africa -
Araxi Acquires 80% Stake in Pay@ Group for $62.3M
Araxi Limited, formerly Capital Appreciation, has agreed to acquire an 80% stake in Pay@ Group for ZAR 1 billion ($62.3 million) through its subsidiary African Resonance. Pay@ Group, founded in 2007 by Johan Koornhof, operates over 9,000 retail payment points and 150,000 mobile point-of-sale devices across Southern Africa. The company processes over ZAR 60 billion […] The post Araxi Acquires 80% Stake in Pay@ Group for $62.3M appeared first on Tech In Africa.
Tech In Africa -
Moroccan Retail Fintech WafR Raises $4M Seed Round
WafR, a Casablanca-based retail fintech, has raised $4 million in an oversubscribed seed round co-led by LoftyInc Capital, Attijariwafa Ventures, and Al Mada Ventures. Founded in 2021 by Ismail Bargach and Reda Sellak, WafR operates a platform that enables small neighborhood stores to offer mobile top-ups, remittances, and cash-in/cash-out services. The company reports nearly 20,000 […] The post Moroccan Retail Fintech WafR Raises $4M Seed Round appeared first on Tech In Africa.
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