The World Bank has projected an average economic growth rate of 3.6% for Nigeria between 2025 and 2026, citing the Federal Government’s ongoing reforms as a key driver of this positive outlook. The projection, contained in the World Bank’s “Global Economic Prospects” report for January 2025, credits reforms such as the removal of fuel subsidies, […] The post World Bank Projects 3.6% Average Growth for Nigerian Economy in 2025/26 appeared first on Tekedia.

My salute to Walmart investors for challenging this emerging madness where companies are pulling away from initiatives people have built over years to balance issues the current systems cannot do automatically: “In a letter to Walmart CEO Doug McMillon, shareholders representing $266 billion in assets expressed “deep disappointment” and demanded to know the business case […] The post We Need DEI in Companies for the Rise of All appeared first on Tekedia.

Bitcoin has indeed surpassed the $100,000 mark, which coincides with the release of favorable Consumer Price Index (CPI) data. This surge can be attributed to the CPI coming in cooler than expected, which often signals a potential for lower interest rates, thereby boosting investor confidence in high-risk assets like cryptocurrencies. Additionally, the market sentiment appears […] The post A Cooler CPI Data has Influenced Bitcoin, Solana and XRP Uptrend Prices appeared first on Tekedia.

In a meeting held on January 16, 2025, the Nigeria Governors’ Forum (NGF), in collaboration with the Presidential Tax Reform Committee, appeared to have reached a consensus on the controversial tax reform bills. The meeting was necessitated by the critical need to overhaul Nigeria’s tax framework to ensure equitable resource allocation, enhance fiscal stability, and […] The post No VAT Increase: Nigerian Governors Forum Endorses Presidential Tax Reform Bills appeared first on Tekedia.

Cross-border payments are a critical component of Africa’s economic landscape, driving trade, investment, and financial inclusion across the continent. However, the regulatory landscape in Africa poses significant challenges to cross-border payments, despite the continent’s rapid adoption of digital financial solutions. The report on “Emerging Trends in Cross-Border Payments”, reveals that Businesses and payment service providers […] The post Overcoming Regulatory Barriers to Cross-Border Payments in Africa appeared first on Tekedia.

Burwick Law is indeed pursuing legal action, but it is against Pump.fun itself, not its victims. According to recent updates, Burwick Law announced its intention to represent investors who have lost money due to investments in Pump.fun memecoins, alleging unethical practices by the platform. They are focusing on claims of fraud, market manipulation, and the […] The post Burwick Law Sues PumpDotFun on behalf of Rugpull Victims appeared first on Tekedia.

As I wrote here and was expected, TikTok has lost at the US Supreme Court: “The U.S. Supreme Court has upheld a law that requires TikTok to be sold by its Chinese parent company or face a ban from U.S. app stores starting this Sunday. This decision follows the rejection of TikTok’s First Amendment challenge, […] The post US Supreme Court upholds TikTok ban appeared first on Tekedia.

The cryptocurrency market, known for its dramatic highs and sudden plunges, is facing the looming threat of a massive crash that could impact its $3.2 trillion valuation. In such turbulent times, securing your portfolio with reliable assets becomes paramount. While volatility is often synonymous with crypto investments, certain coins stand out for their ability to […] The post Major Crypto Crash: These 7 Best Crypto Coins To Buy Now Can Secure Your Portfolio From $3.2 Trillion Market Crash Threat appeared first on Tekedia.

Nowlun, an Egyptian logistics startup, has secured $1.7 million in seed funding to drive its expansion and fast-track the development of its platform. The seed funding round, led by Nama Ventures and A15, saw participation from prominent angel investors and Sanabil 500 Global. Founded in 2021 by Moataz Khamis, Mahmoud Khaled, and Ahmed Emara, Nowlun […] The post Nowlun Secures $1.7 Million in Seed Funding to Accelerate Growth and Enhance Logistics Platform appeared first on Tech In Africa.

Nigeria’s headline inflation rose to 34.80% in December 2024, driven by higher transport costs and increased consumer spending during the holiday season, according to the National Bureau of Statistics (NBS). This marks a slight increase from November’s 34.60%, heightening expectations for another interest rate hike at the upcoming Monetary Policy Committee meeting in February. Food […] The post Nigeria’s Inflation Rises Amid Holiday Spending and Transport Costs appeared first on Tech In Africa.

Booming Games has an amazing array of slot games for fans of online gaming that stand out for their original gameplay techniques and inventiveness. These slots provide an exciting experience regardless of your search for vivid images, interesting themes, or cutting-edge tools. Below, we provide a detailed rating and description of the top Booming Games […] The post Top Booming Games Slots: Must-Try Titles for Ultimate Fun and Rewards appeared first on Tekedia.

Amazon Web Services (AWS), a global leader in cloud computing and a key provider for numerous Nigerian startups and commercial banks, has announced it will now accept payments in Naira, in addition to seven other local currencies for European clients. This change is expected to reduce cloud expenses for many Nigerian companies, which often host […] The post AWS to Accept Naira Payments, Shaping Nigeria’s Cloud Services Market appeared first on Tech In Africa.

Apple, the tech giant, has added one of the most anticipated devices to its lineup — the HomePad, a smart home hub that combines the functionalities of an iPad and a smart home control station. However, fans and investors have to wait longer, as the device’s release has been delayed. This could impact competition with […] The post Apple’s Declining Smartphone Sales: Can They Recover? appeared first on Tekedia.

South African startup FARO has raised $6 million to drive affordable fashion while combating textile waste across Africa.The funding round was led by JP Zammitt, President of Bloomberg/, with contributions from venture capital firms like Presight Capital and Garage Ventures. Notable individual investors included Mato Perić (MPGI), Leonard Stiegeler (Pulse), Oliver Merkel (Flink), Vikram Chopra […] The post FARO Secures $6 Million to Drive Affordable Fashion and Tackle Textile Waste Across Africa appeared first on Tech In Africa.

The Federal High Court in Lagos has scheduled Monday, January 20, 2025, for the arraignment of the Chairman of Honeywell Group, Chief Oba Otudeko, alongside a former Managing Director of First Bank of Nigeria (FBN), Stephen Olabisi Onasanya. The two, along with a former Honeywell board member, Soji Akintayo, and Anchorage Leisure Limited, are facing […] The post First Bank Vs Honeywell: EFCC Set to Arraign Oba Otudeko and Others Over Alleged N12.3bn Fraud appeared first on Tekedia.

The potential ban of TikTok in the U.S. Is predicted to lead to one of the largest mass layoffs in the country’s history. With over 7,000 employees in the U.S. and a growing network of creators, advertisers, and businesses relying on the platform, a shutdown would have significant ripple effects on employment and the digital economy. […] The post TikTok Ban Poised to Result in “One of The Largest Layoffs in U.S History” appeared first on Tekedia.

Keep IT Cool, a Kenyan startup revolutionizing food preservation with its innovative sustainable refrigeration solutions, has secured funding from global impact investor Acumen to advance its pan-African ambitions. Established in 2021 by Francis Nderitu and Abigail Gachigi, Keep IT Cool leverages a range of cooling technologies and a B2B software platform to bridge supply and […] The post Keep IT Cool Secures Acumen Investment to Expand Sustainable Cold Storage Solutions Across Africa appeared first on Tech In Africa.

In the last 10 centuries, at least in 6, China has dominated the world economically. Of course, China scored some big own-goals, and lost its trajectory. But in the last half-century, China is back. The modern rise of China is unprecedented in history because China developed in practically all vectors within the economic scene. Looking […] The post The Lessons from China and India on Foreign Loans, for Nigeria appeared first on Tekedia.

Enakl, a Moroccan urban mobility startup, has secured $1.4 million in pre-seed funding to develop smart, safer, and sustainable collective transportation solutions for daily commutes, both domestically and internationally. The pre-seed funding round, led by Catalyst Fund, included participation from Renew Capital, Digital Africa, Station F, and 15 business angels, aimed at accelerating Enakl’s expansion […] The post Enakl Secures $1.4M to Transform Urban Mobility Across Africa appeared first on Tech In Africa.

Exciting yet hard is identifying the next crypto to explode as the crypto market remains dynamic. Emergent technologies, innovative projects, and new trends in the markets build the future of digital assets, and 2025 will indeed be a game-changer year. Savvy investors are this year, searching for high-value potential cryptocurrencies that could skyrocket in value. […] The post This Year Smart Investment: Top 10 Next Crypto to Explode Expected to Skyrocket in 2025 appeared first on Tekedia.

In a strategic effort to support Africa’s digital transformation, Ethio Telecom has partnered with the African Development Bank (AfDB) to improve Ethiopia’s digital economy and increase internet access across the continent. Recognizing this shared vision, H.E. Mr. Solomon Quaynor, Vice President of the Private Sector, Infrastructure, and Industrialization Complex at AfDB, along with Dr. Leandre […]

ChatGPT, OpenAI’s AI-driven chatbot platform, now offers a new subscription plan. To explore new commercial applications of its AI technology, OpenAI has launched a $200/month subscription plan for ChatGPT, its AI-powered chatbot platform, targeting the engineering and academic sectors. OpenAI’s existing ChatGPT Plus, Team, and Enterprise subscriptions will be joined by a new tier, ChatGPT […] The post OpenAI Launches $200/Month ChatGPT Pro Plan for Engineers and Academics appeared first on Tech In Africa.

Entering the world of swinger sites can be both exciting and daunting. These online communities offer a unique space for individuals and couples to explore their desires, connect with like-minded people, and build meaningful relationships. However, like any online platform, the success and enjoyment you derive from swinger sites heavily depend on the level of […] The post Swinger Sites 101: Building Trust, Respect, and Comfort in Online Communities appeared first on Tekedia.

The DeFi sector is heading into an explosive 2025. However, old-guard protocols such as Uniswap are becoming increasingly obsolete in such a fast-paced landscape. Issues of liquidity and poor cross-chain interoperability are currently impeding DeFi from reaching its full potential. Elluminex seeks to remedy this with its innovative ecosystem. Its main features include a cross-chain […] The post New Coin Elluminex (ELX) Is Revolutionizing The Future Of DeFi On The Ton Network. Here’s What’s To Come appeared first on Tekedia.

Good People, the first Tekedia Capital OPEN for the year will be on Saturday, Jan 25 2025, at 4-5pm WAT. It is a free and open event, and everyone’s invited. Our topic is “Unlocking Africa’s Abundance in the AI Era”. Last year, Tekedia Capital invested in close to 30 companies in four continents, covering quantum […] The post Tekedia Capital Open – Unlocking Africa’s Abundance in AI Era, Jan 25 appeared first on Tekedia.

Understand key employer obligations under South African labor laws to ensure compliance and mitigate risks in the workplace. The post South Africa Labor Laws: Key Employer Obligations appeared first on Tech In Africa.

New from Infinix: XBUDS NC, XWATCH 3 WE, and XPOWER 20 GO Now Available in Nigeria In today’s world, staying connected and productive is non-negotiable, and having the right accessories can make all the… TechCity

You cannot avoid change in business. The industry is quite competitive; only businesses with innovative solutions stand out. If you continue getting stuck to the same old ways, your customers might get bored and leave. You need to embrace new ideas and solutions, and that’s where change management comes in. Change management is all about […] The post 6 Common Challenges in Change Management appeared first on Tekedia.

African universities are empowering student startups through mentorship, funding, and global partnerships, fostering economic growth across the continent. The post How African Universities Support Student Startups appeared first on Tech In Africa.

January is off to a fair start, but not brilliant, except for XRP. The XRP news today is great, with the XRP price up 12% overnight on Wednesday. The XRP price is undoubtedly bolstered by Ripple CEO Brad Garlinghouse having supper with incoming president Trump, a move that could see XRP skyrocket. What could this […] The post Solana Price Prediction For January 2025. Why Ripple And Remittix Could Surge Due To Brad Garlinghouse’s Dinner With Donald Trump appeared first on Tekedia.

Stories of quick surges transforming regular investments into life-changing fortunes abound in the realm of cryptocurrencies. Rising in value, Pepe Coin (PEPE) became one of the most discussed currencies in recent history. Early adopters became wealthy beyond their wildest expectations. However, good news is available for those who missed the PEPE train. Offering an opportunity […] The post Missed Pepe Coin? No Worries, Joining This Crypto Presale Right Now is Like Scooping Cheap PEPE at Launch appeared first on Tekedia.

Introduction According to a 2023 Pew Research study, 64% of U.S. adults believe social media companies wield excessive power in moderating content. This statistic underscores the tension at the heart of the digital world: who gets to decide what stays online? With vast streams of information avalanching from user-generated content on social media platforms, questions […] The post Free Speech vs. Facebook: Why Meta’s Content Moderation Shakeup Could Backfire in Nigeria appeared first on Tekedia.

The Central Bank of Nigeria (CBN), under the leadership of Governor Olayemi Cardoso, has taken another significant step in its digital transformation journey by unveiling two groundbreaking initiatives: the Document Flow (DocFlow) System and the Ministries, Departments, and Agencies (MDAs) Naira Payment Solution. The launch, held at the CBN headquarters in Abuja, aligns with the […] The post CBN Expands Digital Revolution with Launch of DocFlow System and MDAs Naira Payment Solution appeared first on Tekedia.

Africa is a continent of contradictions: resources hidden beneath the surface, cities contained within invisible borders, and an entrepreneurial spirit stifled by outdated systems. For centuries, outsiders have tried to shape it, tame it, and extract from it. But Africa isn’t clay; it’s fire—unpredictable, unyielding and now burning a path forward with cryptocurrency as its […]

A new global research report, “Elevating Human Potential: The AI Skills Revolution,” looked at AI’s impact on jobs. Conducted by Workday and Hanover Research in November and December 2024, it surveyed 2,500 full-time workers from 22 countries, including North America, Asia-Pacific, Europe, the Middle East, and Africa. The findings call into question the notion that AI […]

Explore how African startups are revolutionizing battery recycling, turning e-waste challenges into sustainable energy solutions. The post 5 African Startups Advancing Battery Recycling appeared first on Tech In Africa.