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News

Tekedia
tekedia.com > creditcheck-expands-into-uganda-through-algosys-acquisition

CreditCheck Expands Into Uganda Through Algosys Acquisition

3+ day, 14+ hour ago   (573+ words) Nigerian fintech CreditCheck has expanded into East Africa by acquiring Ugandan core banking startup Algosys, giving it a direct foothold in the Ugandan market and access to 22 financial institutions currently using Algosys’ technology. The acquisition forms part of Creditcheck’s broader…...

Tekedia
tekedia.com > ecowas-orders-fresh-push-to-fast-track-eco-single-currency-ahead-of-2027-launch

ECOWAS Orders Fresh Push to Fast-Track ECO Single Currency Ahead of 2027 Launch

3+ day, 19+ hour ago   (887+ words) The Economic Community of West African States has ordered an urgent meeting of its Presidents’ Task Force to accelerate preparations for the ECO, as the regional bloc seeks to keep its planned single-currency launch on track for July 1, 2027. The directive…...

Tekedia
tekedia.com > openai-pushes-into-industry-specific-ai-offers-ai-for-chip-design-touts-cost-advantage-over-open-source-cfo-says

OpenAI Pushes Into Industry-Specific AI, Offers AI For Chip Design, Touts Cost Advantage Over Open-Source, CFO Says

3+ day, 22+ hour ago   (653+ words) OpenAI is moving beyond general-purpose chatbots and into specialized business applications while cutting prices on lower-cost models, as the ChatGPT maker seeks to accelerate enterprise adoption and defend its position against Anthropic, Chinese AI developers and open-weight competitors. The shift…...

Tekedia
tekedia.com > deepseek-taps-citic-securities-for-potential-shanghai-ipo-as-ai-funding-race-intensifies

DeepSeek taps CITIC Securities for potential Shanghai IPO as AI funding race intensifies

3+ day, 22+ hour ago   (694+ words) Chinese artificial intelligence startup DeepSeek has hired CITIC Securities to prepare for a potential initial public offering on Shanghai’s technology-focused STAR Market, as the AI developer seeks fresh capital to expand computing infrastructure and retain talent, two people familiar with…...

Tekedia
tekedia.com > apples-new-ceo-inherits-a-4-6-trillion-challenge

Apple???s New CEO Inherits a $4.6 Trillion Challenge

3+ day, 18+ hour ago   (321+ words) Now, the company’s leadership has been handed over to John Ternus, who previously held the position of senior vice president of hardware engineering. Tim Cook will remain at Apple as executive chairman of the board of directors, helping ensure a…...

Tekedia
tekedia.com > brent-oil-briefly-tops-100-as-middle-east-fighting-threatens-global-supply

Brent Oil Briefly Tops $100 as Middle East Fighting Threatens Global Supply

4+ day, 17+ hour ago   (1022+ words) Crude reaches its highest level since July as disruptions through the Strait of Hormuz and Red Sea deepen, raising the risk of another global inflation shock Brent crude briefly climbed above $100 a barrel on Wednesday for the first time since…...

Tekedia
tekedia.com > dangote-refinery-could-be-worth-up-to-n82-6-trillion-analysts-say-above-ipo-valuation

Dangote Refinery Could Be Worth Up to N82.6 Trillion, Analysts Say, Above IPO Valuation

4+ day, 20+ hour ago   (1408+ words) CardinalStone and Chapel Hill Denham see significant upside to the refinery’s N65.22 trillion indicative listing valuation, but warn that the investment case hinges on earnings growth, refining margins, and successful expansion Dangote Petroleum Refinery and Petrochemicals FZE could be worth between…...

Tekedia
tekedia.com > gold-slips-as-oil-driven-inflation-risks-lift-fed-rate-hike-bets-ahead-of-u-s-data

Gold Slips as Oil-Driven Inflation Risks Lift Fed Rate-Hike Bets Ahead of U.S. Data

5+ day, 35+ min ago   (526+ words) Gold prices edged lower on Tuesday as a jump in oil prices revived concerns about inflation, while stronger-than-expected U.S. labor-market data continued to push investors toward a more cautious view of Federal Reserve policy. A weaker dollar and heightened geopolitical tensions…...

Tekedia
tekedia.com > openai-bets-chatgpt-can-become-an-ai-advertising-giant-as-cfo-makes-google-meta-combination-comparison

OpenAI Bets ChatGPT Can Become an AI Advertising Giant as CFO Makes Google-Meta Combination Comparison

4+ day, 23+ hour ago   (919+ words) OpenAI is positioning ChatGPT to become a major advertising platform, with Chief Financial Officer Sarah Friar describing the chatbot as what might result “if Google and Meta had a baby” as the artificial intelligence company looks for new ways to…...

Tekedia
tekedia.com > canada-imposes-up-to-50-tariffs-on-u-s-goods-as-trade-war-with-trump-escalates

Canada Imposes Up to 50% Tariffs on U.S. Goods as Trade War With Trump Escalates

5+ day, 22+ min ago   (774+ words) Canada imposed a new round of retaliatory tariffs on U.S. goods on Tuesday, escalating the trade confrontation between the two North American allies after negotiations collapsed and President Donald Trump intensified pressure on Ottawa. The new duties range from 15% to 50% and…...