CodeSignal, an interview and assessment platform, has partnered with ColorStack, a nonprofit tech company that looks to lift Black and Latinx computer science students, to help drive change. The duo said they plan to provide mentorship and technical interview preparation activities for Black and Latinx Computer Science students. Prepare resources and practice assessments for active ColorStack members. Students will use CodeSignal as a tool to help hone their coding and interview preparation skills. The two companies will co-host webinars and events to help technical recruiters and university recruiters hire and retain
The Cincinnati-based Lightship Foundation, which is well known for serving remarkable entrepreneurs and ecosystems, is moving one of the nation’s premier conferences for founders of color and Black tech professionals to the Queen City this summer. It marks a high-profile win for both the organization and the city. “Black Tech Week is a culturally historic event that innovators of color have converged upon for the last seven years to expand their minds, their networks, and their access to capital,” says Candice Matthews Brackeen, Lightship Foundation Founder, and CEO. “I am thrilled
Globally, women in tech make up about 28.8% of the tech workforce as of 2020. While this number is an increase from 25.9% in 2018 and 26.2% in 2019, reports still show it could take 12 years for women to have equal representation in tech. In Africa, it will take even longer. Some members of the Latino and Hispanic communities have long held prominent positions in the world’s largest technology companies, and it’s no surprise because of the talent they possess. But Hispanic women reportedly tend to have a more negative experience with workplace DEI efforts,
Who Is Babajide Duroshola, The Ex-SafeBoda Executive, Who Joined M-KOPA To Lead Its Africa Expansion
M-KOPA, an African connected asset financing platform that provides underbanked customers in Africa to essential products including solar lighting, televisions, fridges, smartphones, and financial services, raised $75M after it clocked 2 million customers across four African markets. The “growth equity round” highlighted by M-KOPA in its press statement is its fifth equity fundraise – it has raised similar rounds of debt, too and in total, its equity raise stands at $190 million. It was previously backed by the CDC Group and Light rock took part in this round alongside LocalGlobe’s
In 2021, venture capital invested just $115 million in digital media globally, a tenth of the $1.1billion it funded in 2015, but not much came to Africa. Digital newsrooms in Africa are reportedly said to be more likely to receive story grants than business funding, with a few exceptions like OMG Digital. Of the reported $4.3–$5 billion raised by African startups in 2021 where fintech received 53–63% of the volume, digital media companies are one of many sectors that have traditionally been overlooked in the conversation of tangible ventures. But last week Big Cabal
After struggling to connect with top technologists and designers, Ronnie Kwesi Coleman co-founded Meaningful Gigs two years ago. The inspiration drew from Coleman’s desire to specifically connect Black product designers and developers around the world with better job opportunities. Now – the company has raised $6million. The seed round was led by Stage 2 Capital with participation from Rethink Education, Authentic Ventures, Reach Capital, Marla Blow, Zvi Band, and Michele Perry. Stage 2 Capital partner, Mandy Cole told TechCrunch, “With the shortage of highly skilled talent and the increasing need for diverse
A lawsuit filed last week has accused Google of systemic racial bias against Black employees, saying the company steers them to lower-level jobs, pays them less, and denies them opportunities to advance because of their race. The complaint was filed in the federal court in San Jose, California, according to reports. The plaintiff, April Curley, said the Alphabet Inc unit subjected Black employees to a hostile work environment, including by often requiring they show identification or be questioned by security at its Mountain View, California, campus. Curley said Google had hired her in 2014
The BBC reported nearly a quarter of the 76,000 foreign students in Ukraine were African in 2020, citing government data. Campaigners say these students were drawn to the nation’s relatively inexpensive tuition and easy access to European labor markets. 2015 data shows that foreign students inject upwards of $500 million a year into the Ukrainian economy — almost the entire sum of the financing for the country’s public higher education, according to a former education official. Black Women for Black Lives, a new coalition focused on helping Black residents escape
Another Black worker is reportedly suing tech giant Tesla, claiming white workers tormented him with race-based abuses and hostile behavior. According to Mercury News – the worker alleged in his lawsuit against Tesla that the company fired him because he reported life-threatening safety violations in the plant. “[He] was fired for two reasons: his commitment to safety and his race,” the lawsuit filed in Alameda County Superior Court claimed, the paper reported. Tesla did not immediately respond to a request for comment on the lawsuit and other suits claiming Tesla allowed
Athlete and activist Colin Kaepernick and his partner’s Canadian businessman Jim Nikopoulos and activist Akim Aliu have made a seed investment in Naomi Osaka’s KINLÒ brand with Kaepernick joining the brand’s board of directors. Osaka has also brought on a new brand President, Mia Meachem, who joins KINLÒ with over 20 years of brand marketing experience with roles across notable beauty brands including Drunk Elephant – a part of the Shiseido organization, The Estee Lauder Companies, and Burt’s Bees. In her new role as President, Meachem will help to drive
