Kofa, a Ghanaian-based energy tech company, has secured $8.1 million in a pre-Series A funding round to expand its battery-swapping network across Africa. The funding round, which comprised a mix of equity ($3.25 million), debt ($4.315 million), and $590,000 in grants, was led by E3 Capital and Injaro Investment Advisors, with support from the Shell Foundation and the UK Government’s Transforming Energy Access platform (TEA). Noteworthy European investors, such as Richard Thwaites, founder of Penso Power, also participated in the funding round. Who founded Kofa? The company was founded in 2022 by Erik
Levi’s shareholders voted against a proposal that asked the company to end its DEI efforts. The National Center for Public Policy Research, a conservative think tank, submitted a proposal to shareholders urging the company to “consider abolishing its DEI program, policies, department and goals,” according to WWD. Numerous companies, retailers, and even universities have called back on their DEI efforts to comply with President Donald Trump’s executive orders. In January, Trump revoked a six-decade-old executive order that prohibited workplace discrimination by federal contractors. Levi’s maintains its DEI efforts A company
Pan-African initiative Investing in Innovation Africa (i3) has announced the launch of its third cohort, which will provide seven founders with $225,000 each in grant funding to transform pharmacy services across the continent. The initiative is sponsored by the Gates Foundation, MSD, Cencora (formerly AmerisourceBergen), Endless Foundation, HELP Logistics (a subsidiary of the Kühne Foundation), Sanofi’s Global Health Unit, and Chemonics. It is a three-year program set to help founders improve patient access to healthcare across Africa, according to a press release shared by POCIT. Which seven startups have been selected? The seven
Cluley, an AI tool that helps users “cheat” in real life, raised $5.3 million in seed funding backed by Abstract Ventures and Susa Ventures. Chungin “Roy” Lee, CEO of Cluey, went viral in March for creating an AI tool that allegedly “cheats” in job interviews. He was suspended from Columbia for posting content from a disciplinary hearing, as stated by the university. His new venture, Cluely, allows users to analyze what’s on their screens, hear audio, and suggest answers to questions. This is all done without detection from the other
Anthony Capuano, CEO of Marriott International, stood firm on its DEI initiatives, and his employees couldn’t be more grateful. During an interview at the Great Place to Work for All Summit in Las Vegas, Capuano discussed the new unpredictability surrounding DEI policies following President Donald Trump’s executive orders. Although Marriott leaders have publicly stated that they aspire to be leaders in the DEI space, Trump’s executive orders and policies against these initiatives have caused uncertainty regarding their plans, according to Fortune. Marriott CEO’s stance on DEI During the summit, Capuano
Originally published at morganlatimer.com Coding interview preparation can seem like an incredibly daunting task. This is especially true if you’ve never done one before, if you are a self-taught developer or bootcamp grad, or if you don’t have much industry experience. Unlocking the coding interview opens the door to top pay, benefits, and perks at premier tech companies. The key to preparing well for a coding interview is having a great preparation plan. A structured coding interview preparation plan can bolster your confidence and readiness. It also ensures that you will
Meta is facing a lawsuit in Ghana as content moderators who experienced severe psychological harm caused by taking down disturbing social media content, including depictions of murders, extreme violence, and child sexual abuse. Lawyers are preparing for court action against a company contracted by Meta, which owns Facebook and Instagram, following a meeting with moderators at a facility in Ghana that allegedly employs approximately 150 people. This is the second lawsuit Meta is facing in Africa. Why is Meta facing a lawsuit in Ghana? Moderators working for Majorel in Accra claim that
AI chatbots on Meta’s platforms like Facebook and Instagram can have sexually explicit conversations with users, including those who are underage. The findings were highlighted in a report by the Wall Street Journal. Meta is pushing to promote AI-powered digital companions, which Mark Zuckerberg believes will be the future of social media. However, staff workers across multiple departments have raised concerns about the ethical lines these bots have crossed. The WSJ reported that the employees also felt that the company was not doing enough to protect minors from inappropriate conversations.
Black Ambition, the national initiative founded by Pharrell Williams, has announced the launch of a 10-week virtual program to support entrepreneurs in Florida. The Fundable Founders Learning Lab is part of a two-year initiative aimed at helping 500 Florida-based entrepreneurs, according to a press release. The initiative, which is backed by a $1 million investment from an anonymous donor, includes mentorship, expert training, and access to capital and networks that will help program participants grow their businesses. “This $1 million donation is more than just funding—it’s fuel for a new
Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) has imposed a fine of $220 million on Meta and WhatsApp for breaching the country’s data protection and consumer rights laws. The fine was issued following a comprehensive investigation, which the Competition and Consumer Protection Tribunal upheld on Friday, 25 April 2025. It must be paid within 60 days, as stated by TechPoint. Why Meta must pay a $220 million fine? The FCCPC and the Nigerian Data Protection Commission (NDPC) identified several violations, including the unauthorized sharing of Nigerian users’ data, inadequate
