Nigeria’s Autochek has announced its acquisition of KIFAL Auto, a Moroccan automotive technology startup, to drive its expansion into North Africa. This announcement comes months after it acquired the Ugandan and Kenyan operations of Cheki, an online car marketplace. Autochek looks to bring Africa’s sales and servicing of cars online. It also aims to build the financial infrastructure to drive the penetration of auto financing across Africa. In October last year, the firm raised $13.1 million in a seed round and is backed by several investors, including pan-African VC firms TLcom Capital, 4DX Ventures,
In 2020, there was an outpouring of support for the Black community from the games industry, ranging from donations, and statements in support of the Black Lives Matter (BLM) movement, to promotions of inclusion programs. And while some firms have undoubtedly taken these lessons on board to build a better workplace going forward, the discourse has quietly moved on; for some companies, the BLM movement was only performative. One of the most extensive studies of racial representation in games was a 2009 study that analyzed 150 of the most popular titles. Black characters comprised 10.7%
The gaming industry is set to reach $222 billion thanks in part to Gen Z consumers who are the biggest and most monetizable audience, according to a new report published by Data.ai. There are more than 2.7 billion gamers worldwide, and with a young demographic it’s scale and appeal is attracting luxury brands like Balenciaga, who became the first luxury brand to partner with Fortnite on four virtual outfits, or “skins”, alongside accessories, weaponry and a virtual Balenciaga destination in-game. And in November, luxury fashion brand Moncler followed with in-game
Major beauty retailers are boosting small, minority-owned businesses in a bid to support Black women entrepreneurs. As of last year, 17% of Black women in the U.S. were in the process of starting or running new businesses, according to the Harvard Business Review. That outpaces the 15% of white men and the 10% of white women who reported the same. But only 3% of Black women reported running ‘mature’ businesses. And when it comes to the traditional workforce unemployment rate, it remains high among Black women, at 5.5% in March, compared with
Grammy award-winning artist, Miguel, has just been announced as the newest Global Creative Director for T3MP0, a digital studio that creates web3 communities for A-List talent and brands. He is reportedly the first musical artist of “his stature” to be involved in creating a web3 studio from the ground up, according to the company’s press release. As T3MP0’s creative director, Miguel will extend his extensive collaboration history into partnering with the world’s biggest talent and brands in the web3 space. “We are very excited to support Miguel’s creative vision for the
Investment and advisory firm Pendulum, which funds and consults with businesses founded by people of color and has high-profile clients, including former President Barack Obama, is getting a new infusion of capital from Merchant bank BDT & Co. BDT specializes in providing advice and long-term capital through its affiliated funds to help the family- and founder-led businesses pursue their strategic and financial objectives. Husband and wife duo Robbie and D’Rita Robinson serve as chief executive and chief operating officer of the firm, which is reported to be staffed by people
South African educational technology (edtech) startup FoondaMate has secured $2 million seed funding in a round led by LocalGlobe, a UK-based venture capital firm, to drive uptake of its WhatsApp and Facebook-based learning chatbot across the globe. How does it work? Foondamate helps students with their revision by giving them immediate answers to questions and access to revision papers, while also guiding them in responses to questions. It aims to level the playing field in education by empowering the 345 million+ students who currently have limited access to internet-enabled education
Nia Asemota is a self-taught programmer interning at NASA as a software engineer. Despite being 21 years old, Nia has dozens of accolades behind her back. From collaborating with Black Girls CODE as a technical instructor, being a Game Design TA at the City College of New York’s free STEM Institute, to launching her own kids’ book about Black women engineers. She’s doing it all. But her journey has not been as smooth sailing as some might assume, as she’s had to navigate being one of just a few girls
Honeycomb is hiring on pocitjobs.com Alayshia Knighten is a seasoned DevOps Engineer with a love of infrastructure and a focus on breaking down technical learning barriers for customers. She recently spoke to POCIT about navigating life in the tech sector as a woman of color and her role at Honeycomb, an observability tool that lets developers quickly make sense of the billions of rows of data needed to fully represent the user experience in your complex and unpredictable systems. Since joining Honeycomb as a Senior Implementation Engineer in October 2020,
“Anyone can make music on their PC now,” laments DJ Sumbody of Ayepyep, Ngwana Daddy and Monate Mpolaye fame. “You don’t have to go to the studio. You get a program, you do beats. If they can master it, it’s a track, it’s out there. It’s simple now.” While preceding genres and music movements have taken advantage of the ready availability of software that can be purchased or digitally cracked to mimic a physical studio, amapiano has been the most radical departure from established and entrenched ways of making, marketing,
