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Samara Linton

The Black community makes up over a fifth of New York City’s bustling population but accounts for just 2% of its small business owners. This Juneteenth, the New York City Department of Small Business Services (SBS) unveiled its enhanced directory of Black-owned businesses, Shop Black NYC. Shop Black NYC: An Online Business Directory Spearheaded by SBS’s Black Entrepreneurs NYC (BE NYC), the directory has grown to showcase over 3,300 Black-owned businesses since its launch in 2022. The online directory allows users to search for businesses based on product or service,

Wage bias has long affected marginalized groups, including women and people of color. Recent data from Hired shows a widening wage gap, except for white and Asian women, with Black women earning the least of any demographic group. Salary transparency laws and practices aim to close the race and gender pay gap by removing biases. But can they really undo centuries of inequity? Salary expectations and negotiations As well as systemic issues of discrimination and prejudice, the expectation gap contributes to the wage gap. The expectation gap is the difference in salary

The United States is the most dangerous and expensive high-income country for childbirth, especially for Black and Indigenous women. Drawing on her own pregnancy experiences, Emagine Solutions Technology co-founder and CEO Courtney Williams has developed The Journey Pregnancy app. This data-driven tool couples the power of technology with a human touch to ensure a safer and more informed pregnancy journey. Addressing Disparities in Maternal Healthcare Black women face a nine times higher risk of maternal death compared to their white counterparts, and it is not because of differences in wealth.

Fearless Fund has announced it has received multi-million dollar follow-on investments from Bank of America, Costco, and Mastercard. Investing In WOC Founded in 2019 by Arian Simone, Keshia Knight Pulliam, and Ayana Parsons, Fearless Fund invests in pre-seed, seed level, and series A women of color founders building scalable and growth-aggressive companies. Their portfolio includes Bitsy’s, the clean food and beverage brand co-founded by Gabrielle Union, Melissa Butler’s cruelty-free beauty brand The Lip Bar, Pinky Cole’s Slutty Vegan, and Sevetri Wilson’s Resilia. Read: Resilia Closes $35M Series B, Largest Raise Ever For A

A new report by Dropbox DocSend has shed light on the funding divide in the tech industry, particularly regarding race and gender disparities among founders.  While 2021 witnessed record-breaking levels of VC funding and increased engagement with diversity, equity, and inclusion (DEI) initiatives, 2022 proved to be more challenging for historically underfunded founders.  Turning tides In 2021, VC funding for early-stage founders experienced a significant boost, with record-breaking funding levels. Historically underrepresented founders also experienced a surge of investor interest driven by DEI-related investment initiatives in response to the murder

Helium Health, a Lagos-headquartered healthtech startup, has secured $30 million in Series B funding in the second-largest series B round for any African health tech company. Digitizing Healthcare Across Africa Founded in 2016 by Tito Ovia, Adegoke Olubusi, and Dimeji Sofowora, Helium Health has been a pioneer in is revolutionizing Africa’s healthcare sector through technology, finance, and data.  The company’s suite of digital solutions includes electronic medical records, hospital management systems, insurance and billing software, and analytics tools. The company currently operates in eight countries (Nigeria, Ghana, Senegal, Liberia, Kenya,

A Black former assembly line staffer at Tesla is seeking to add almost 240 other workers to his 2017 lawsuit against the electric vehicle manufacturer which he described as a “hotbed for racist behavior.” A pattern and practice of race discrimination Marcus Vaughn, who formerly worked at Tesla’s Fremont factory in California, claims that Tesla allowed a “pattern and practice of race discrimination,” as per Bloomberg. In response to Vaughn’s initial filing, Tesla published a blog post titled “Hotbed of Misinformation. The company denied wrongdoing, stating it had investigated the allegations and fired

UK-based engineers Jonathan Nwosu, Min Sang Kim, and Dakshesh Dharmadhikary have teamed up to launch Radiant AI, a new platform that helps lenders track the impact of their sustainable investments. Sustainability-linked loans (SLLs) have revolutionized global lending by linking interest rates to borrowers’ sustainability performance. Real estate financing has been a frontrunner in adopting SLLs, recognizing the value of energy-efficient buildings and contributing to a low-carbon economy. However, the rapid growth of SLLs has also introduced risks like inaccurate reporting and greenwashing. That’s where Radiant AI comes in. Radiant AI

Tragedy struck in Senegal as a 26-year-old student, Elhaji Cisse, was killed shortly after pleading with Elon Musk for Starlink internet access amidst social unrest. Senegal has experienced widespread protests following the sentencing of opposition leader Ousmane Sonko. As tensions escalated, the government imposed restrictions on social media and messaging platforms. The restrictions limited the flow of information and communication, forcing tech-savvy citizens to use virtual private network (VPN) to connect to the wider world. Elhaji Cisse Elhaji Cisse, a 26-year-old student, was an active participant in the protests. Through

STEMBoard’s joint venture, Exacta Solutions, has been awarded a $947 million contract designed to provide support to National Geospatial-Intelligence Agency’s total lifecycle acquisition management, strategic financial management and strategic business management activities.   Founded by former NASA rocket scientist Aisha Bowe, STEMBoard is an award-winning DC-based tech powerhouse specializing in professional advisory services for elite organizations in the US government. “This remarkable achievement is a testament to the innovative spirit, expertise, and dedication of our team at STEMBoard, as well as the outstanding capabilities of our esteemed partners,” Bowe commented on

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