Krisp has announced the launch of AI Accent Conversion for Latin America, making it the first AI-powered voice provider to offer accent conversion services in the region. The noise cancellation app supports five Latin American English accents that represent around 85% of Spanish speakers across the major dialect groups in Latin America. This includes Mexican and Central American Spanish, Caribbean Spanish, Andean Spanish, and Standard Spanish. “By supporting the most widely spoken Latin American English accents, we’re not just improving call clarity but helping to bridge cultural and linguistic gaps
Black Americans score above the US mean on entrepreneurial traits, meaning they are more likely to be associated with business ownership success, according to Brookings research. However, entrepreneurial success remains challenging for Black business owners to achieve due to the numerous structural barriers they encounter, such as difficulties with business lending and limited economic support. The Black Business Parity Dashboard A new tool, the Black Business Parity Dashboard, reveals the economic benefits that could result from closing the Black business ownership gap in US cities. Developed by the Center for Community Uplift, the
Women run 11% of companies on the 2025 Fortune 500 list. This marks a historic moment, as the number is over 10% for the first time, as stated by Fortune. In 2023 and 2024, 52 female CEOs led Fortune 500 companies, but this number increased to 55 in 2025. However, only two of these woman are Black. For 71 years, the Fortune 500 has ranked the largest US companies by revenue. In 2025, the companies that comprise the Fortune 500 are expected to represent $19.9 trillion in revenue, accounting for two-thirds
The Competition Authority of Kenya (CAK) has officially approved Moniepoint Inc.’s acquisition of a 78% stake in Sumac Microfinance Bank Limited. Sumac is a well-established Kenyan microfinance institution that offers a range of services, including lending, deposit-taking, insurance, and foreign exchange trading. This move will enable the Nigerian fintech to expand into East Africa. Moniepoint expanding in East Africa This acquisition is Moniepoint’s first official entry into Kenya’s financial services scene. “The transaction is unlikely to negatively impact competition in the market for provision of microfinance banking services in Kenya, nor
Ghana has signed a $1 billion deal with the United Arab Emirates to build an innovation hub in Accra. The hub, which will span 25 square kilometers in Ningo Prampram, Greater Accra, is fully funded by the Ports, Customs, and Free Zone Corporation (PCFC), as stated by Impact News. Ghana will provide the land, while PCFC will bring the capital, technology, and global partnerships. Construction is scheduled to begin in 2026 and is expected to be completed by the end of 2027. Transforming Ghana into Africa’s next artificial intelligence nerve
Byron Allen is selling local television stations owned by his Allen Media Group (AMG), and Moelis & Co. is managing the deal. Allen Media Group announced the news on May 2, according to The Los Angeles Times. The company needs to pay down debt, Allen said in a statement. Over the past six years, the company has invested over $1 billion in acquiring stations with the hopes of becoming the largest independent television operator in the United States. Its portfolio includes 28 stations affiliated with ABC, NBC, CBS, and Fox,
The Independent Communications Authority of South Africa (ICASA) has begun seizing Starlink equipment from local resellers as part of a crackdown aimed at reducing the illegal use of Starlink in the country. “Icasa has taken note, with serious concern, of recent reports alleging that Starlink may be offering its services within the Republic of South Africa without the requisite authorization,” the sector regulator said. Cracking down on the illegal use of Starlink The internet satellite company does not have a license to operate in South Africa as it refuses to
Social Change Fund United, a non-profit founded by Chris Paul, Dwyane Wade, and Carmelo Anthony, is partnering with several HBCU students to provide them with scholarships. Founded in 2020 in response to racial injustice, the nonprofit aims to create equity and reduce the racial opportunity gap. Over the years, the Social Change United Fund has provided community partners with nearly $1 million in grant funding, reaching more than 132,000 people through targeted initiatives and outreach. $40,000 scholarship for HCBU students The Social Change Fund United has announced that applications for its annual scholarship
On May 25th, hundreds of people knelt in prayer outside of local Target stores to commemorate the fifth anniversary of George Floyd’s murder. The prayer lasted for 9 minutes and 29 seconds—the exact time Minneapolis police officer Derek Chauvin knelt on Floyd’s neck, according to Afro.com. Faith leaders across the country led the prayer, including Pastor Jamal Bryant, who had led the 40-day boycott against the retailer, which has now evolved into a complete cancellation. “Effective immediately. Target is canceled,” he said. The company doesn’t “value who it is that
Rhode was recently acquired by e.l.f. fr $800 million, with the potential for an additional $200 million payout based on the brand’s future growth over the next three years, as reported by Forbes. Perhaps less well known, but essential to Rhode’s success, is longtime cosmetic chemist and BeautyStat founder Ron Robinson. Ron Robinson’s career With 30 years in the beauty industry, Robinson played a part in leading Rhode to success. Beauty Matter reported that his career began at Adelphi University, where he studied biology and chemistry, with the intention of
