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Sony and Nintendo Brace for Memory Chip Crunch as AI Demand Drains Supply

Sony and Nintendo Brace for Memory Chip Crunch as AI Demand Drains Supply

Two of gaming’s biggest names told investors on Friday that the AI gold rush is now hitting their wallets. Sony and Nintendo each warned that surging memory chip prices, fuelled by data centre buildouts, are squeezing their console operations and forcing tough choices on pricing and inventory. Global memory chip prices are rising fast. Prices nearly … Read more

Standard Chartered Kenya cuts staff below 1,000 as digital banking shift deepens

Standard Chartered Kenya (StanChart), the country’s eighth-largest bank by assets, has reduced its workforce to fewer than 1,000 employees, marking the 11th consecutive year of job cuts as the lender accelerates automation and digital banking adoption. The bank employed 942 staff at the end of 2025, down from 1,001 a year earlier, according to its … Read more

CashAfrica partners ChamsSwitch to unlock tap-to-pay compliance in Nigeria

cashafrica-chams-featured-image-tecchora news

CashAfrica, a Nigerian contactless payment infrastructure provider, has partnered with ChamsSwitch, a licensed switching and electronic payment processing company, to resolve compliance bottlenecks slowing the rollout of its tap-to-pay solution. Under the agreement, CashAfrica will manage the contactless payment experience when users tap a phone or card on a point-of-sale (POS) terminal, while ChamsSwitch will … Read more

OmniRetail launches OmniOne platform to digitise FMCG distribution and financing in Africa

OmniRetail, a business-to-business (B2B) e-commerce platform operating in Nigeria, Ghana, and Côte d’Ivoire, has launched OmniOne, a new digital platform designed to help fast-moving consumer goods (FMCG) manufacturers scale distribution and streamline operations. The launch marks an expansion of OmniRetail’s existing infrastructure, which already powers retailer transactions through OmniBiz, its core commerce engine. With OmniOne, … Read more

Fincra Expands into Ghana with Payment Service Provider Licence

Fincra secures Ghana payments licence Fincra, a Nigerian payments infrastructure provider, has obtained a Payment Service Provider Licence (Enhanced Category) from the Bank of Ghana, allowing it to connect directly to the country’s financial system and process local transactions. With the approval, Fincra can collect payments in Ghana, settle transactions in cedis, and receive inbound … Read more

Nigeria Ranks 6th Globally in Solana Developer Share as SuperteamNG Drives Local Growth

Nigeria has ranked sixth globally and first in Africa by Solana developer share, according to a Q1 2026 impact report released by SuperteamNG, a Web3 community focused on ecosystem growth. The report shows that Nigerian developers now account for 67% of all active Solana developers on the continent, highlighting the country’s growing influence in blockchain … Read more

The World Ahead 2026: What Nigeria’s Future Looks Like in a Shifting Global Order

On an April evening in Lagos, the mood wasn’t exactly celebratory. It was curious. Slightly cautious. You could feel it in the conversations before the programme even began. The launch of The World Ahead 2026 brought together policymakers, business leaders, and thinkers, not just to talk about what comes next, but to quietly wrestle with … Read more