Naija News Feed
Technology
Chinese Rare Earth Suppliers Shun U.S. Buyers as Beijing Tightens Grip on Critical Minerals
Chinese rare earth suppliers are refusing to ship materials to U.S. customers for fear of retaliation from Beijing, highlighting the growing vulnerability of American supply chains to China’s control over critical minerals ahead of President Xi Jinping’s planned visit to Washington later this month. Three people familiar with the trade told Reuters that some Chinese […] The post Chinese Rare Earth Suppliers Shun U.S. Buyers as Beijing Tightens Grip on Critical Minerals appeared first on Tekedia.
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Bitcoin Resumes Rally, Hits Past $82,000 as Risk Assets Surge on Softer Fed Signals
Bitcoin has resumed its upward momentum, surging past the $82,000 price level as a shift in Federal Reserve rate expectations boosted investor appetite for riskier assets. The cryptocurrency climbed more than 5% in a single day, rising from the mid-$77,000 range and briefly testing levels not seen since earlier in the year. The sharp move […] The post Bitcoin Resumes Rally, Hits Past $82,000 as Risk Assets Surge on Softer Fed Signals appeared first on Tekedia.
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Nvidia’s $99 Billion Investment Portfolio Turns Chip Giant Into AI Industry Power Broker
Nvidia has emerged as one of the technology industry’s largest corporate investors, with the value of its equity holdings soaring more than tenfold over the past year to about $99 billion as the chipmaker deploys its enormous cash resources to shape the rapidly expanding artificial intelligence ecosystem. Nvidia’s equity investments were valued at $99 billion […] The post Nvidia’s $99 Billion Investment Portfolio Turns Chip Giant Into AI Industry Power Broker appeared first on Tekedia.
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Economist El-Erian Warns Global Bond Sell-Off Will Persist as Demand Fails to Keep Pace With Debt Supply
Global government bonds face further selling pressure as governments ramp up borrowing faster than traditional investors are willing or able to absorb it, renowned economist Mohamed El-Erian said Friday, warning that the resulting rise in yields represents a deeper imbalance than concerns over inflation or Federal Reserve credibility alone. “I don’t see any appetite in […] The post Economist El-Erian Warns Global Bond Sell-Off Will Persist as Demand Fails to Keep Pace With Debt Supply appeared first on Tekedia.
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OpenAI Unveils GPT-6 Astra as AI Agents Become Harder to Monitor
OpenAI on Thursday unveiled GPT-6 Astra, a new artificial intelligence model it described as its most capable yet, while acknowledging that the system is able to conceal its reasoning and evade human monitoring. The release comes at a sensitive moment for the AI industry, as companies race to develop autonomous agents capable of performing complex […] The post OpenAI Unveils GPT-6 Astra as AI Agents Become Harder to Monitor appeared first on Tekedia.
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BASF Sues Apple Over Face ID Technology, Alleging Infringement of Seven Patents
BASF has sued Apple in the United States, accusing the iPhone maker of infringing seven patents covering technology designed to make facial authentication more resistant to spoofing attacks. The lawsuit, filed Thursday in the U.S. District Court for the Western District of Texas, was brought by BASF’s technology subsidiary trinamiX. The company alleges that Apple […] The post BASF Sues Apple Over Face ID Technology, Alleging Infringement of Seven Patents appeared first on Tekedia.
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OpenAI Launches GPT-6 Astra, Its Most Powerful And Aligned AI Model
OpenAI has released GPT-6 Astra, describing it as the world’s most intelligent and aligned model to date. The artificial intelligence company unveiled the system positioning it as a significant advance in computer use, software engineering, cybersecurity, science, and professional workflows. Announcing the launch OpenAI wrote, “We are introducing GPT-6 Astra, the world’s most intelligent and […] The post OpenAI Launches GPT-6 Astra, Its Most Powerful And Aligned AI Model appeared first on Tekedia.
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Germany Expands Support for Ukraine With Drone Production and Energy Aid
Germany is deepening its support for Ukraine as the war enters another phase in which battlefield technology and the resilience of civilian infrastructure are becoming increasingly important. Two developments announced this week underline Berlin’s broader strategy. The start of mass production of thousands of medium- and long-range combat drones for Ukraine and an additional €250 […] The post Germany Expands Support for Ukraine With Drone Production and Energy Aid appeared first on Tekedia.
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AI, Labor Power and the New Battle Over Silicon Valley and Schools
Artificial intelligence is increasingly becoming a source of political, economic and social conflict, and two recent developments highlight just how far that tension has spread. Security workers serving major Silicon Valley companies, including OpenAI and Anthropic, have authorized a strike. While New York City Mayor Zohran Mamdani has moved toward removing artificial intelligence from classrooms […] The post AI, Labor Power and the New Battle Over Silicon Valley and Schools appeared first on Tekedia.
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Venezuela’s Heavy Crude Could Refill America’s Reserve—and Reshape Gulf Cooperation
Venezuela’s enormous oil reserves are emerging as a new strategic asset in a changing global energy market. Yet the country’s heavy, sulfur-rich crude presents a technical problem for the United States: much of it is not well suited for direct storage in the Strategic Petroleum Reserve (SPR), which primarily contains crude with different characteristics. Rather […] The post Venezuela’s Heavy Crude Could Refill America’s Reserve—and Reshape Gulf Cooperation appeared first on Tekedia.
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Germany Growth Forecast Rises Sharply, Offering Boost to Merz Government
Germany’s economic outlook has taken a notable turn, with a leading economic institute forecasting that Europe’s largest economy could expand by as much as 1.4% this year. The upgraded projection represents a sharp improvement from its previous estimate and offers a potentially important political boost for Chancellor Friedrich Merz’s government, which has faced pressure to […] The post Germany Growth Forecast Rises Sharply, Offering Boost to Merz Government appeared first on Tekedia.
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Strategy Hits $66 Billion in Reserve Capital — Second Only to Berkshire Hathaway
Strategy is strengthening its position in the corporate treasury landscape, with its Bitcoin holdings and market value placing the company among the S&P 500’s largest holders of reserve capital. As of September 1, 2026, the firm holds $66 billion in total reserve capital, placing it second only to Berkshire Hathaway among financial services companies in […] The post Strategy Hits $66 Billion in Reserve Capital — Second Only to Berkshire Hathaway appeared first on Tekedia.
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Shell Expands Gulf of Mexico and Brazil Oil Positions, Acquires Stakes in BP as Majors Return to Upstream Growth
Shell is expanding its oil and gas portfolio in the Americas, agreeing to acquire stakes in two exploration prospects operated by rival BP as both energy majors place greater emphasis on long-term upstream growth. Shell Offshore, a subsidiary of British oil and gas major Shell, said Wednesday it would acquire a 30% interest in BP-operated […] The post Shell Expands Gulf of Mexico and Brazil Oil Positions, Acquires Stakes in BP as Majors Return to Upstream Growth appeared first on Tekedia.
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Uber came to Africa to disrupt transport. Then Africa changed Uber.
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TechBBQ’s Charles Kinga on what European investors get wrong about Africa 
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Uber restores Visa payments in Kenya after eight-month pause
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Sun King joins Kenya’s growing smartphone financing race
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From 70 million to 317 million: How Serigne Dioum plans to turn every MTN subscriber into a MoMo user 
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Should you buy the Redmi 17 5G? What to consider first
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Beyond chatbots, South Africa’s 4Sight sees AI running business processes
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Glo’s decline, T2’s missing data widen MTN, Airtel’s Internet lead
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Kenyan Detectives Arrest Two FlexPay Directors Over KES 31.2M Allegedly Owed to a Retailer
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Egypt’s 3C Coding School Raises $3M Seed, Sets Sights on Riyadh
3C Coding School has closed a $3 million seed round led by MRG Economic Group, with investor Amr Saad and a group of angels joining. Two things get the money: a Saudi Arabia launch and an AI-powered personalised learning platform. Hossam Hosny and Ahmed Khallaf started the company in 2015, teaching coding, technology and AI […] The post Egypt’s 3C Coding School Raises $3M Seed, Sets Sights on Riyadh appeared first on Tech In Africa.
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Ghana’s Seevcash Picks Up $333K From Stellar, Adds a Visa Card
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👨🏿‍🚀TechCabal Daily – Tolaram secures $51m debt
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Uber is gone. Its users must find another way around Nigeria.
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GRID 01 Makes Lagos Debut, Opens New Growth Path for African Startups
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Korea and Africa Chart New Course on AI and Digital Infrastructure at 20th anniversary of KOAFEC
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Village Capital deploys $450,000 in first Nigeria investments
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Nomba raises $3 million to target Africa–Asia payment corridor
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Claude Fable 5.1 price and availability: Everything you need to know
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What you should know about Claude Mythos 5.1
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As Nigeria’s capital market surges, Daba and Coronation want global investors in
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Inside ISWAP’s secret AI units in Northern Nigeria 
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Capitec’s $33.8 billion business joins A2X as it expands beyond banking
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With Uber gone, Bolt says Nigeria “remains an important market”
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