Morgan State University will host a tribute to the memory of its alumnus Earl G. Graves Sr, founder of Black Enterprise, the magazine launched in 1970 for Black professionals and entrepreneurs. Graves died in 2020, and due to safety restrictions during the height of the pandemic, no memorial at the university was held at the time. This celebration of his life has been in planning for over a year. Family and friends of Graves, Morgan State University president Dr. David K. Wilson, and civil rights leaders will gather at the Earl Graves
ChainIDE, a firm helping develop company MVPs, and Conflux, a software delivery service for engineers, have teamed up to launch ‘The Hydra Developer Bootcamp’ for Web3 developers in Africa. The bootcamp aims to provide cohort members with hands-on blockchain 101 training, insight into the African blockchain, crypto industry, and a unique outlook on the future prospects of the Metaverse and Web 3. More than 200 people have reportedly already signed up for the event, according to TechCabal, while the first two modules have already attracted more than 500 views in
Black content creators continue to lead the way in online spaces such as Instagram – from memes, and dances to the way in which they have utilized the app for digital activism and campaigning on important issues. But for far too long – these same creators have often been cast to the side, not credited, and even paid less by advertisers and brands. A report published last year by the communications company MSL and educational organization The Influencer League stated that the pay gap between Black and white content creators
Online lending marketplace LendingTree published a new study on places with the most Black-owned businesses in the United States, based on the US Census Bureau Annual Business Survey data. Fayetteville, NC was found to have the highest percentage of Black-owned businesses in the US. Other metros in the South — including Washington, DC — join Fayetteville at the top of the list. Pittsburgh, however, ranked the lowest out of the 50 American metros listed, with a mere 1.0% of small businesses being Black-owned — a percentage that falls below the national Black
Amazon Alexa Fund and Alexa Startups have teamed up to open the application round for Black Founders Build with Alexa, a remote four-month program for a cohort of up to 10 Black-founded startups located in North America that demonstrate readiness and ability to deliver novel Alexa integration within the program duration. Each company selected for the program will have an opportunity to receive up to a $100,000 investment from the Alexa Fund and individualized technology support from the Alexa Startups Solution Architect and Business Development teams. Founders will receive invitations
Brazilian companies have started to explicitly seek out Black and Indigenous workers to diversify their ranks, a step to reverse the deep inequality that has racked the country since the area was first settled centuries ago. The country is LinkedIn’s third-largest market, after the United States and India, with 55 million users, or one in every four people in Brazil. So naturally, employers would advertise jobs there. But in February, a think tank in São Paulo was looking for a financial coordinator that would be willing to take on the
Buy now pay later (BNPL)—a short-term consumer financing that allows shoppers to purchase products online and pay in installments with nominal or no fees—is sweeping the global e-commerce sector. In Africa, BNPL is beginning to take shape with CredPal, one of the earliest pioneers of buy now, pay later in Nigeria, closing a bridge round of $15 million in equity and debt — the latter constituting a very large chunk of the financing — to expand its consumer credit offerings across Africa. The Y Combinator- and Google-backed CredPal allows individuals
Just 15 at the time of his conviction, Marcus Bullock was sentenced to a penitentiary full of men twice his age. Now he is the founder of Flikshop, a mobile app for people to upload and send digital postcards with photos and messages that make their way to their loved ones currently incarcerated. To use the Flikshop app, users pay 99 cents to send a message and upload a photo that can be sent to prisons and jails across the nation. Bullock also has a Flikshop Angels program that allows people to
Starting as a listserv, Visible Figures has grown into a support network for Black women in tech. The group’s name is a play off the book and movie Hidden Figures about three Black women — two mathematicians and an engineer — working at NASA in the 1960s. Visible Figures, which has $2.1B in collective capital raised, was formed in 2017 by Stephanie VanPutten, who raised $2million for her own startup. It was launched in response to a report that found only 12 Black women in the world had raised $1M+ in venture capital. In
Founder of femtech startup Ruby Love, Crystal Etienne, joined forces with her husband, Jean, last year to start VC firm CaJE, a VC that focuses on investing in “soil” rounds, similar to a family and friends investing round. Crystal’s own startup has raised $15 million since it was founded in 2016. She bootstrapped the company from its humble beginnings to over $10 million within two years. But she still felt “cajed” many times while entering the new industry with very little help along the way, but overcame every obstacle. Jean ran his
