The White House has outlined exemptions to recent tariffs to address trade imbalances. Goods exempt from the 10% baseline and higher reciprocal tariffs include: Electronics, Smartphones, computers, semiconductors, modems, routers, flash drives, and flat panel displays, as these are critical technologies largely not produced domestically. Copper, certain critical minerals (e.g., cobalt, nickel), and bullion, reflecting […] The post The White House’s Tariff Exemptions are Designed to Mitigate Inflationary Pressures appeared first on Tekedia.

German Chancellor Olaf Scholz condemned the Russian missile attack on Sumy, Ukraine, which killed at least 32 people, including two children, on April 13, 2025, as a “barbaric attack.” He stated on X that the strike, which occurred during Palm Sunday celebrations, showed Russia’s lack of sincerity in seeking peace and underscored its continued aggression. […] The post Olaf Scholz Condemned Russia’s Missile Attack on Sumy appeared first on Tekedia.

Nigeria’s Access Bank PLC has sealed a landmark deal to acquire full ownership of the National Bank of Kenya (NBK), tightening its grip on the East African banking industry and pushing forward a continental expansion strategy that has seen it move rapidly beyond its domestic borders. The acquisition received final regulatory clearance from the Central […] The post Access Bank Takes Over National Bank of Kenya in Landmark East African Expansion Deal appeared first on Tekedia.

The digital revolution has transformed several sectors, and the gambling industry is no exception. In recent years, the online casino sector in Canada has experienced substantial growth. This article explores the factors driving this expansion, examines statistics, and delves into future trends that promise to shape the industry. The Growth of the Online Casino Industry […] The post Online Casinos in Canada: Expected User Base to Reach 15.7 Million by 2029 appeared first on Tekedia.

I have noted that the voyage of Nigeria’s large companies to commercial papers should be considered a huge risk vector in our financial system. I have explained that just a few years ago, commercial papers were not important enough to be explained in most O’Level economics textbooks in Nigeria. But in the last decade, commercial […] The post Commercial Papers, Nigeria’s Corporate Debt Risk And Necessity To Bring Order appeared first on Tekedia.

Fresh concerns are emerging over credit risk in Nigeria’s lending market as the Central Bank of Nigeria (CBN) reveals a sharp uptick in loan defaults by large private non-financial corporations (PNFCs) and other financial corporations (OFCs). This is despite an overall improvement in loan performance across smaller business segments and households, and against the backdrop […] The post Central Bank of Nigeria Flags Rising Loan Defaults Among Large Corporates and Financial Firms Despite Broader Lending Recovery appeared first on Tekedia.

The U.S Federal Trade Commission (FTC) is reportedly in pursuit to dismantle tech giant, Meta’s dominance in the social media landscape. In a legal filing, the FTC claims that Meta shouldn’t have been allowed to purchase Instagram for $1 billion in 2012, and WhatsApp for $19 billion in 2014, calling for those units to be […] The post FTC Seeks to Dismantle Meta’s Grip on Social Media in Landmark Trial Over Instagram And WhatsApp Acquisition appeared first on Tekedia.

"At the early stage, it's all about the founders and the team. I invest in people solving real, tangible problems in large, underserved markets."

Michael Saylor, a prominent Bitcoin advocate and Strategy chairman, has predicted Bitcoin could reach a $500 trillion market cap, implying a per-coin price of roughly $23.8 million to $25.2 million, given its 21 million total supply or 19.84 million circulating supply. His reasoning hinges on Bitcoin absorbing value from traditional assets like gold, real estate, […] The post Michael Saylor Predicts Bitcoin’s Market Capitalization Could Reach $500 Trillion appeared first on Tekedia.

PricePally, a Nigerian online grocery start-up known for group-buying, is testing grocery exports to drive revenue growth after a slump in its B2B segment. Its B2B procurement service, which contributed a quarter of revenue, shrank to 10% in 2024 after a sharp naira devaluation and food inflation.

U.S. Securities and Exchange Commission announced on April 4, 2025, that certain stablecoins, specifically those referred to as “covered stablecoins” like USD Coin (USDC) and Tether (USDT), are not classified as securities under federal securities laws. This clarification came from the SEC’s Division of Corporation Finance, stating that these stablecoins—designed to maintain a 1:1 peg […] The post U.S. SEC Classification that USDT and USDC are not Securities Has Significant Implications appeared first on Tekedia.

Ray Dalio, founder of Bridgewater Associates and one of the most respected voices in global finance, has joined a growing chorus of economists and Wall Street heavyweights warning that President Donald Trump’s sweeping tariffs are pushing the United States, and possibly the world, toward a deep economic downturn. In an appearance on NBC over the […] The post “Throwing Rocks Into The Production System:” Dalio Joins Sachs, Dimon, & Fink To Warn Of Trump’s Tariffs As US Teeters On Recession appeared first on Tekedia.

China’s economy demonstrated remarkable resilience in March 2025, posting a robust 12.4% year-on-year surge in exports despite escalating trade tensions with the United States. The unexpected growth, reported by the General Administration of Customs, significantly outpaced Reuters’ forecast of 4.4% and marked the strongest export performance since October 2024. This surge, coupled with a trade […] The post China’s Economy Shows Resilience with 12.4% Export Growth Amid U.S. Trade Tensions appeared first on Tekedia.

Gold reaching $3,220 per ounce reflects strong safe-haven demand amid economic and geopolitical uncertainty. Factors like tariff tensions, inflation fears, central bank buying, and stock market volatility are likely driving the surge. While some sources suggest prices could climb further—potentially to $3,300 by year-end—others warn of profit-taking or resistance at these levels. Always consider market […] The post Gold Hitting ATH of $3,220 Shows Its Resilience As Inflationary Hedge appeared first on Tekedia.

Uncertainty, Calm, Paralysis, Whatever; it does not matter: ‘Goldman Sachs…”riding a wave of volatility triggered by an emerging global trade war,” … posted a record quarter, with equity-trading revenue up 27% from a year earlier. Revenue came in at $15.1 billion, beating Wall St. expectations of $14.8 billion. Goldman echoes JPMorgan and other peers that […] The post Head or Tail, The Best Will Find WINS as Goldman Sachs Rides Uncertainty to Record Apha appeared first on Tekedia.

Nigeria's SEC said that it encountered due diligence delays in issuing new batch of provisional crypto licences. It has no new timeline yet. The delay marks a setback for digital asset startups hoping for faster approval following the SEC’s December 2024 promise to speed up licencing.

As U.S. tariffs on Chinese goods soar to a cumulative 145%, Chinese manufacturers are striking back with a bold new playbook: bypassing luxury brand middlemen and wooing consumers in the U.S. and Europe directly through TikTok. These factories aim to reshape global trade dynamics by exposing the low production costs of high-end goods and offering […] The post Chinese Manufacturers Counter U.S. Tariffs with TikTok Strategy, Luring U.S. and European Consumers to Buy Direct at Steep Discounts appeared first on Tekedia.

Founded by Chinedu Ossai, Dayo Adekanmbi, and Damilola Aluede—former employees of Interswitch, Bolt, Microsoft, and the London Stock Exchange Group—Revwit is setting out to solve a familiar problem:

The investment includes a new data center in Port Harcourt and an expansion of its third data center in Lagos.

The Office of the Data Protection Commissioner (ODPC) is now fully operational, enforcing privacy and data protection compliance in Zambia. Zambia’s data protection legislation, the Data Protection Act 2021 (DPA), came into force in April 2021. Two years later, in June 2023, the country’s first Data Protection Commissioner was appointed as required by the DPA. […]

Not every company will be a unicorn. Not every exit will come in five years.

In a public notice on Monday, the CBK said it and Treasury Cabinet Secretary John Mbadi had approved the deal, bringing Access Bank closer to taking over NBK, which could expand its footprint in East Africa's largest economy, given the bank's nationwide branch network.

In a public notice on Monday, the CBK said it and Treasury Cabinet Secretary John Mbadi had approved the deal, bringing Access Bank closer to taking over NBK, which could expand its footprint in East Africa's largest economy, given the bank's nationwide branch network.

Mobile money is revolutionizing e-commerce by enhancing payment speed, security, and accessibility for businesses and consumers alike. The post How Mobile Money Boosts E-Commerce Growth appeared first on Tech In Africa.

In today's headlines: NCBA fined $1,930 for sending emails to the wrong customer || Will Lesotho crack its Basotho ownership rule for Elon Musk’s Starlink? || What does the US tariffs mean for Africa’s tech ecosystem?

EY has reached a major milestone in its US$1 billion, four-year global technology investment in Assurance services, unveiling a powerful new suite of AI-driven capabilities designed to transform the audit process across more than 160,000 engagements worldwide. These latest innovations are part of EY’s ongoing effort to reimagine the audit experience through its next-generation, AI-powered […]

For years, crypto has been seen as this futuristic, untouchable asset—great for holding, even better for trading, but frustratingly complicated when you actually want to use it. We’ve all been there. You need to cash out, but the process feels like a maze. The rates shift just as you hit “sell,” your money takes forever […]

In a small lab at Sokoine University of Agriculture in Morogoro, Tanzania, artificial intelligence is doing something unexpected—it’s not just solving problems, it’s changing lives. The platform behind this quiet disruption? Zindi is a Pan-African data science competition hub quietly training a new class of problem-solvers on the continent. One of its most compelling champions […]

Ensuring peak performance and rock‑solid security isn’t optional – it’s essential. Many deploy NetScaler simply as a Citrix gateway or basic load balancer, but beneath the surface lies a suite of advanced tools that can streamline operations, tighten defences, and even cut costs by replacing standalone solutions. Here’s a brisk tour of the hidden gems […]

PayTic Raises $4M to Expand Payment Solutions Across Africa Moroccan fintech startup PayTic has raised $4 million in funding to strengthen its payment automation solutions and expand… TechCity

How to Create a Personal Wi-Fi QR Code to Share Sharing your Wi-Fi password can be a bother especially when it’s long and complex. Luckily, there’s a smarter… TechCity

Electronic Health Records (EHRs) have revolutionized the way healthcare providers manage and use patient data, leading to substantial improvements in patient care. In the field of mental health, EHR platforms are especially critical as they handle sensitive nuances of patient histories, treatment plans, and ongoing care. Utilizing these systems effectively can significantly enhance the quality […]

Mobile money is revolutionizing African marketplaces, enhancing financial inclusion and simplifying e-commerce transactions across the continent. The post Future of Mobile Money in African Marketplaces appeared first on Tech In Africa.

YouTube Launches AI Tool to Help Creators Generate Copyright-Free Music YouTube is introducing a new AI-powered feature called “Music assistant” that helps creators generate free instrumental tracks for… TechCity

Bitcoin mining isn’t merely another industry; it is a global arms race to secure the hardest asset the world has ever seen.

Explore how African countries are leveraging public-private partnerships to enhance rural internet access and empower local communities. The post Top 7 African Countries Using Partnerships for Rural Internet appeared first on Tech In Africa.