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Technology
AethexAI Closes $3 Million Pre-Seed Round to Build Voice AI for Africa and the Middle East
Voice AI startup AethexAI has raised $3 million in pre-seed funding to develop localised customer support automation for Africa and the Middle East. The round was led by 4DX Ventures, with participation from Enza Capital, Dorm Room Fund, Mojo Ventures, and the Stanford GSB ’26 Fund, alongside angel investors including Stanford faculty, telecom executives, and […] The post AethexAI Closes $3 Million Pre-Seed Round to Build Voice AI for Africa and the Middle East appeared first on Tech In Africa.
Tech In Africa -
Treadway and Invasion Pledge $1.25 Billion for African Startup Incubation Platform
Investment firms Treadway and Invasion have committed $1.25 billion to back early and growth-stage startups across Africa through a newly launched incubation and investment platform. The platform is designed to combine incubation, acceleration, and direct investment support for startups operating in fintech, climate tech, logistics, and digital infrastructure. The announcement comes as Africa’s startup ecosystem […] The post Treadway and Invasion Pledge $1.25 Billion for African Startup Incubation Platform appeared first on Tech In Africa.
Tech In Africa -
Bitnob Launches Enterprise Infrastructure Stack and Next-Generation Business Platform
Nigerian crypto infrastructure company Bitnob has introduced Bitnob Enterprise, a non-custodial infrastructure stack, alongside an updated version of Bitnob Business, its managed platform for companies building on modern financial rails. The two products give businesses a choice between managed and non-custodial operating models while leveraging the same underlying infrastructure. Bitnob Business, first launched in 2022, […] The post Bitnob Launches Enterprise Infrastructure Stack and Next-Generation Business Platform appeared first on Tech In Africa.
Tech In Africa -
South Africa Records Highest Suspected Digital Fraud Rate in Africa, TransUnion Report Finds
South Africa recorded the highest rate of suspected digital fraud among African countries analysed in 2025, with 3.0 percent of consumer transactions flagged as potentially fraudulent, according to the TransUnion H1 2026 Update: Top Fraud Trends report. The figure sits slightly below the global average of 3.8 percent and represents a decline from 4.3 percent […] The post South Africa Records Highest Suspected Digital Fraud Rate in Africa, TransUnion Report Finds appeared first on Tech In Africa.
Tech In Africa -
Lagos Angel Network Backs AI-Powered Africa-China Trade Startup Midddleman
Lagos Angel Network has made an undisclosed investment in Midddleman Technologies Inc., a startup using artificial intelligence to streamline trade between Africa and China. The network said its support will include funding, mentorship, strategic guidance, and access to its investor network. Founded by Adeola Owosho and Omolara Sanni, Midddleman is building an integrated platform for […] The post Lagos Angel Network Backs AI-Powered Africa-China Trade Startup Midddleman appeared first on Tech In Africa.
Tech In Africa -
South African Agri-Fintech Livestock Wealth Wound Up by Court After Failed Rescue Bid
South Africa’s Gauteng High Court has ordered the final liquidation of Livestock Wealth, the agricultural crowdfunding platform founded in 2015 by Ntuthuko Shezi. The judgment simultaneously dismissed a business rescue application brought by Shezi, with Acting Judge JF Pretorius finding the company both commercially and factually insolvent and describing the proposed rescue plan as amounting […] The post South African Agri-Fintech Livestock Wealth Wound Up by Court After Failed Rescue Bid appeared first on Tech In Africa.
Tech In Africa -
Trade Assistant MT5 Explained: Features and Benefits
One thing people often overlook when trading is the importance of effective trade management. There are several tools that traders can use to streamline their workflow, improve risk management, and reduce the likelihood of costly mistakes. This is where a trade assistant MT5 comes into play. At its core, it is a trade management tool […] The post Trade Assistant MT5 Explained: Features and Benefits appeared first on Tech In Africa.
Tech In Africa -
BlockDAG’s Final Entry at $0.00000044 Gains Momentum While Chainlink Holds at $9 & Stellar Aims for $11
Recent market shifts demonstrate that the Chainlink price is currently challenging a vital $9 support floor following a fresh drop, leaving regular traders uncertain about its upcoming direction. At the exact same time, the newest Stellar price prediction implies a potential climb up toward the $11 mark, although the token still deals with heavy market […] The post BlockDAG’s Final Entry at $0.00000044 Gains Momentum While Chainlink Holds at $9 & Stellar Aims for $11 appeared first on Tekedia.
Tekedia -
Crypto Faces Harsh Reality in 2026: Bitcoin Down 32%, Ethereum Crashes 45% YTD
The cryptocurrency market has endured a brutal reality in 2026, with major digital assets suffering steep losses amid growing economic uncertainty, regulatory pressures, and weakening investor sentiment. Bitcoin, the world’s largest cryptocurrency, has plunged 32% year-to-date, while Ethereum has recorded an even sharper decline of 45%, wiping out billions of dollars in market value. BTC […] The post Crypto Faces Harsh Reality in 2026: Bitcoin Down 32%, Ethereum Crashes 45% YTD appeared first on Tekedia.
Tekedia -
UK Football Clubs Face Legal and Money Laundering Risks from Crypto Sponsors
UK football clubs have become increasingly entangled with cryptocurrency sponsorships, reflecting a broader shift in sports finance toward digital asset firms seeking mainstream legitimacy. Top-tier organizations such as Manchester United, Chelsea F.C., and Arsenal F.C. have all, at various points, explored or partnered with crypto-related sponsors, drawn by lucrative deals that often exceed traditional commercial […] The post UK Football Clubs Face Legal and Money Laundering Risks from Crypto Sponsors appeared first on Tekedia.
Tekedia -
NVIDIA’s AI Dominance Fuels $285 Price Target From Goldman Sachs
Goldman Sachs’ recent projection that NVIDIA could reach $285 per share has reignited excitement across Wall Street and the broader technology sector. As one of the biggest beneficiaries of the artificial intelligence boom, NVIDIA has become a symbol of the new AI-driven economy. The question now facing investors is whether the company can realistically achieve […] The post NVIDIA’s AI Dominance Fuels $285 Price Target From Goldman Sachs appeared first on Tekedia.
Tekedia -
Microsoft “Scout” AI Agent Redefining Workflow Automation and Cloud Productivity
Microsoft has announced ‘Scout’, a new autopilot-style AI agent designed to function as a persistent digital operator across enterprise workflows. Positioned as part of its broader push into agentic computing, Scout is intended to move beyond prompt-based assistance toward autonomous task execution, where the system can plan, coordinate, and complete multi-step objectives with limited human […] The post Microsoft “Scout” AI Agent Redefining Workflow Automation and Cloud Productivity appeared first on Tekedia.
Tekedia -
 
 
Tesla Rebounds in China in May as EV Market Recovers, but Self-Driving Rollout Faces Fresh Scrutiny
Tesla recorded a sharp rebound in China in May as the world’s largest electric vehicle market shows resilience amid the increasingly fierce competition among domestic manufacturers racing to capitalize on growing consumer demand. Preliminary data released by the China Passenger Car Association (CPCA) showed that Tesla delivered 85,982 China-made new energy vehicles from its Shanghai […] The post Tesla Rebounds in China in May as EV Market Recovers, but Self-Driving Rollout Faces Fresh Scrutiny appeared first on Tekedia.
Tekedia -
China’s Services Sector Gains Momentum in May as Domestic Demand and Export Orders Rebound, but Cost Pressures Mount
China’s services sector expanded at its fastest pace in three months in May, offering fresh evidence that parts of the world’s second-largest economy are regaining momentum even as manufacturers continue to navigate a challenging external environment and businesses face rising operating costs. The latest private-sector survey showed service providers benefiting from stronger domestic demand, increased […] The post China’s Services Sector Gains Momentum in May as Domestic Demand and Export Orders Rebound, but Cost Pressures Mount appeared first on Tekedia.
Tekedia -
GameStop Reports Strong Quarterly Results, Launches $2bn Buyback as It Aggressively Pursues eBay Takeover
GameStop Corp. posted a solid first-quarter performance on Tuesday, reporting a 14% increase in net sales and a dramatic improvement in profitability, as the iconic videogame retailer continues its strategic evolution toward higher-margin collectibles and trading cards amid the industry’s rapid shift to digital downloads and online platforms. For the quarter ended May 2, GameStop’s […] The post GameStop Reports Strong Quarterly Results, Launches $2bn Buyback as It Aggressively Pursues eBay Takeover appeared first on Tekedia.
Tekedia -
Defense IPO Boom Accelerates as Applied Aerospace Raises $650m, Riding Surge in Military-Tech Investor Demand
Applied Aerospace & Defense has raised $650 million in its U.S. initial public offering, becoming the latest beneficiary of a powerful wave of investor interest in defense and aerospace companies as geopolitical tensions reshape capital markets. The Huntsville, Alabama-based contractor priced 32.5 million shares at $20 each, placing the offering squarely within its marketed range […] The post Defense IPO Boom Accelerates as Applied Aerospace Raises $650m, Riding Surge in Military-Tech Investor Demand appeared first on Tekedia.
Tekedia -
South Korea Secures Access to Anthropic’s Mythos AI, Science Ministry Says
South Korea has secured access to Anthropic’s highly anticipated cybersecurity-focused artificial intelligence model, Mythos, marking a significant step in the country’s efforts to strengthen its digital defenses amid growing concerns that AI-powered cyber threats could become more sophisticated and harder to contain. The development places South Korea among a select group of nations participating in […] The post South Korea Secures Access to Anthropic’s Mythos AI, Science Ministry Says appeared first on Tekedia.
Tekedia -
Microsoft Unveils New Quantum Chip Made With AI, Set 2029 For Launch
Microsoft has sharpened the timeline in the global quantum computing race, unveiling a new quantum chip developed with the aid of artificial intelligence and declaring that commercially useful quantum computers could arrive by 2029. The announcement places Microsoft alongside rivals racing to turn quantum computing from a scientific experiment into a commercially viable technology. The […] The post Microsoft Unveils New Quantum Chip Made With AI, Set 2029 For Launch appeared first on Tekedia.
Tekedia -
Perplexity CEO Aravind Srinivas Says Efficiency Will Separate AI Winners: “Token Value Per Watt Per User” Becomes the Deciding Metric
OpenAI rival Perplexity CEO Aravind Srinivas has zeroed in on what he believes will ultimately determine the winners in the artificial intelligence race: the ability to deliver maximum economic value from the energy consumed by AI systems. In a CNBC interview on Wednesday, Srinivas argued that the companies best able to maximize “token value per […] The post Perplexity CEO Aravind Srinivas Says Efficiency Will Separate AI Winners: “Token Value Per Watt Per User” Becomes the Deciding Metric appeared first on Tekedia.
Tekedia -
How To Use an AI Enterprise Platform
The integration of artificial intelligence (AI) into enterprise platforms heralds a new era of efficiency, innovation, and competitive advantage for businesses. AI enterprise platforms are sophisticated software systems designed to leverage machine learning and data analytics to automate processes, enhance decision-making, and provide actionable insights. They play a pivotal role in transforming large amounts of […]
IT News Africa -
HashKey MENA Pilots Stablecoin Payment Corridor Linking Africa and the Middle East
HashKey MENA, a Dubai-based virtual asset exchange licensed by Dubai’s Virtual Assets Regulatory Authority (VARA), has launched a pilot initiative to explore regulated stablecoin-powered settlement flows for cross-border trade between the Middle East and Africa.The company has signed a Corridor Pilot Agreement with Aptos Foundation to develop a business-to-business (B2B) stablecoin payment corridor. The initiative […]
IT News Africa -
Greater Accra Regional Minister orders audit of all multi-storey buildings after June 3 disasters
Greater Accra Regional Minister Linda Obenewaa Akweley Ocloo has announced sweeping enforcement and regulatory measures following Wednesday's building collapse at Adenta, a major fire outbreak in Accra's Central Business District and widespread flooding across parts of the capital. In a statement issued on June 4, the Minister said the incidents underscore the urgent need for stricter compliance with planning, building and environmental regulations.
BizwatchNigeria -
9-year-old left traumatised after court-ordered eviction displaces her family
A nine-year-old girl who watched armed police officers enter her family's home during an eviction exercise at Savanna Junction near Tema Community 25 says she is struggling to come to terms with the experience as dozens of residents remain displaced 24 hours after being forced from their properties.
BizwatchNigeria -
“Do we sell tomatoes here?”— Judge quips as accused seeks reduction in bail over police armoured vehicle theft case
Proceedings at the Kwadaso Circuit Court in Kumasi took a light-hearted turn on Thursday when the presiding judge, His Honour Jephtha Appau, jokingly asked whether the court was involved in the sale of tomatoes. The remark came after a 26-year-old man accused of stealing a police armoured vehicle pleaded with the court to reduce the bail conditions imposed on him.
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Health ministry query to KATH CEO ‘a knee-jerk response’—KADA
Doctors at the Komfo Anokye Teaching Hospital in Kumasi are discontent with the Ministry of Health’s query issued to the Chief Executive Officer (CEO) of the hospital over the temporary suspension of emergency case admissions.
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Interswitch joins race for Africa’s banking technology market with Temenos deal
The deal signals Interswitch's ambitions to become a broader banking technology provider and capture a larger share of banks’ technology spend.
TechCabal -
Building Economic Resilience: How FILMA is creating dignified livelihoods in rural Ghana
In the landscape of rural development, the transition from subsistence to sustainability is often cited as a goal; however, it is rarely measured with the precision of a fintech operation. Reflecting on the insights shared during the inaugural Financial Inclusion for Last Mile Actors (FILMA) Learning Event at the Accra Marriott Hotel, which hosted over […]
BizwatchNigeria -
Gov’t prioritising roads, markets and hospitals to improve lives and create jobs – Vice President
Vice President Professor Naana Jane Opoku-Agyemang says government’s focus on road infrastructure, market redevelopment and healthcare facilities is a deliberate response to the needs of Ghanaians, aimed at improving livelihoods and creating jobs across the country.
BizwatchNigeria -
Government considering mandatory photo ID checks for pornographic websites — Sam George
Minister for Communications, Digital Technology and Innovations, Samuel Nartey George, has disclosed that the government is preparing a policy proposal that would require users to verify their identity before accessing pornographic websites in Ghana. Speaking at the 4th African Inter-Parliamentary Conference on Family, Sovereignty and Values, the Ningo-Prampram MP said the proposal is intended to prevent children from being exposed to explicit online content.
BizwatchNigeria -
Ministers making ‘huge sacrifice’ to deliver government’s agenda – Vice President
Vice President Naana Jane Opoku-Agyemang has commended ministers and Metropolitan, Municipal and District Chief Executives (MMDCEs) for what she described as their sacrifices in advancing the government's development agenda.
BizwatchNigeria -
Oranges, Tangerines, and Lemons: Small fruits with big benefits for men
June is Men's Health Month, a time to reflect on the lifestyle choices that support health, wellbeing, and healthy ageing among men. Coincidentally, it is also a season when citrus fruits such as oranges, tangerines, lemons, and other citrus varieties are abundant across many parts of Ghana. This seasonal abundance is good news for men's health. Beyond their refreshing taste, citrus fruits are packed with a combination of nutrients and naturally occurring plant compounds that may contribute meaningfully to long-term health.
BizwatchNigeria -
Aflao Paramount Chief rejects Interior Minister’s claims on ‘illegal routes’, defends border communities
The Paramount Chief of the Aflao Traditional Area and President of the Aflao Traditional Council, Togbui Adzonugaga Amenya Fiti V, has strongly challenged recent claims by Interior Minister Muntaka Mohammed-Mubarak regarding the existence of more than 100 alleged illegal entry routes in the Volta Region.
BizwatchNigeria -
FAO strengthens approach to accelerate agrifood systems transformation in Africa
Senior leaders of the Food and Agriculture Organization of the United Nations (FAO) from across Africa gathered in Accra for the opening of the 15th FAO Regional Management Team (RMT15) Meeting, with a strong focus on innovation, improving efficiency, accelerating delivery and scaling impact for Members across the continent. Held under the theme “Driving Efficiency […]
BizwatchNigeria -
Beyond historical pathways: Securing the Volta-Togo border in an era of emerging threats
The recent remarks by the Minister for the Interior regarding the existence of more than one hundred unauthorised entry routes along the Volta-Togo border have generated considerable public discussion. While some have interpreted the Minister’s comments through historical, cultural, and political lenses, the broader issue before the nation is far more consequential. It is a […]
BizwatchNigeria -
Ghana nominates Dr Sylvia Adusu for election to ITLOS
The Republic of Ghana has officially presented Dr Sylvia Ama Adusu as its candidate for election as a Judge of the International Tribunal for the Law of the Sea (ITLOS) for the 2026–2035 term.
BizwatchNigeria -
Word champions shine at maiden Junior Journal Spelling Bee Competition
Pupils of M.A. Bediako Adventist Preparatory School at Amakom showcased impressive spelling, reading and critical thinking skills at the maiden edition of the Junior Journal Spelling Bee Competition. The competition is aimed at promoting literacy and academic excellence among basic school learners. It formed part of the school's academic programme and was organized in partnership with Junior Journal, a magazine publisher for pupils in basic schools.
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