Following the first detection of the coronavirus in December 2019 in Wuhan, China, COVID-19 has reached pandemic proportions, affecting students and schooling at all levels. In a March 2021 press release, the United Nations International Children’s Emergency Fund (UNICEF) claimed that the temporary closure of educational institutions affected over 168 million children worldwide who stayed home as countries worked to flatten the curve. Consequently, schools transited to online learning. International human rights organization, Amnesty International, reported that students were cut off from schools when the COVID-19 pandemic hit South Africa, leaving hundreds and
In 2020, despite a global pandemic, a total of 89 companies gained unicorn status globally. According to CB Insights and as of January 2021, there are 537 unicorns worldwide with a total value of $1.6 billion. 2020 was a record year for investment into the African startup ecosystem. The African Tech Startups Funding Report 2020 highlights that 397 African startups have raised a fund equivalent to $701.5 million USD. Kenya, Nigeria, and South Africa stand out as the main destinations of capital, with 89.2% of the total amount of funds
More new Black-owned companies were formed in 2020 than at any time in the last 25 years. However, we do know the significant challenges Black and Brown founders face trying to gain much-needed venture capital and investment for their businesses. Despite a bleak outlook, some minority entrepreneurs have found ways to attract investment during a chaotic pandemic year. In fact, Black founders are raising record amounts of venture capital funds in 2021. How are founders finding investment? Lockdowns theoretically made investors easier to reach. Many founders are now more accessible virtually through Zoom and
Techish is back with a brand new episode! Abadesi and Michael discuss the story of Maxwell Chimedza who used his cellphone and WhatsApp to start a tutoring academy for his sudents in Zimbabwe during the pandemic. (16:50) They also break down: Black TikTokers on strike (0:50) White privilege, raising capital, and starting companies in Africa (8:50) Facebook hits a trillion and tech monopolies (21:50) Charles D. King talks privilege in film and challenging conventional narratives (29:08) Sponsors Get your ticket for Inbound 2021! Speakers include Oprah Winfrey, Tristan Walker and more! Register for
Cummins is hiring on pocitjobs.com A Technical Lead at Cummins, Munashe Mugonda’s interest in tech began in Zimbabwe. As a child, she grew up on a farm and always wondered if there was a better way to automate the repetitive tasks that her father did every single day. From a Farm in Zimbabwe to a College Scholar in The US “I’d ask my dad,” Munashe recalls, “Is there no machine that we can instruct to do these things that we are doing over and over again?’ I was always trying
Techish is back with a brand new episode! Michael is under the weather so Abadesi breaks down the latest stories in tech, including the newest company to join the unicorn club: Flutterwave! (0:30) They also break down: Square buys Jay-Z’s Tidal (2:30) Discrimination & harassment at work (5:13) Diversity, equity & inclusion policies in the US (10:00) Extras Techish on PatreonAdvertise with TechishPlease rate and review the Techish podcast Subscribe To The Techish Podcast On Apple Podcasts, Spotify, And Other Platforms.
The price of Bitcoin is surging. A new all time high for BTC reaching above $50K this month has everyone talking, bitcoin, crypto and investing. Major institutional investors, celebrity endorsements and payments firms like Mastercard and PayPal are investing in the cryptocurrency. Since the creation of Bitcoin 11 years ago, a growing number of people are turning to a new monetary system, one that is not controlled by any single authority. Cryptocurrency is a decentralized system run by a network of computers. In what some call a financial revolution, the rise in popularity of
Nigeria, often dubbed ‘Africa’s Silicon Valley,’ is making a name for itself. Meet the talented Nigerians on the continent and the diaspora leading tech companies, building multi-million [and even billion] dollar businesses, investing in their community, and taking their talents globally. Tope Awotona | Founder, Calendly Awotona spent his early years as the second youngest in seven in a lower class neighborhood of Lagos, Nigeria. Yet, Awotona is the mastermind and founder behind a rarity – a Black-owned unicorn, the scheduling powerhouse, ‘Calendly.’ In an interview with Fortune, Tope talks
The year 2020 sprung the coronavirus surprise on the whole world, a surprise it is yet to recover from. After a year without a cure, two clinically tested and globally approved vaccines were released early in December 2020. One is manufactured by American pharmaceutical firm — Pfizer — and German BioNTech SE, while American biotech company, Moderna, is responsible for the other. However, two African countries had taken steps to provide a cure before the release of the vaccines in December. Madagascar’s President, Andry Rajoelina, unveiled Covid-Organics — a herbal remedy for
Damilola Olokesusi is the Co-founder and CEO of Shuttlers, a tech transport startup. In 2015, Olokesusi and her friends — Damilola Quadry and Busola Majekodunmi — were frustrated by the stress of commuting in Lagos, Nigeria. And following some nasty experiences, they decided to start Shuttlers. “One of my sisters got into a one-chance bus (a commercial bus used for robbing passengers), and it was a traumatic experience for me. She was taken to another destination where they were abducted and robbed. Having had our different bus experiences, we realised it was a collective pain point for us.