At POCIT – we’re all about providing you with the latest analysis, deep dives, and investigations but most importantly we believe in a balanced diet and by that, we mean ensuring there’s positive news as often as possible. We’ve scoured the internet to find some positive posts on job offers, promotions, and more. Enjoy!
Njoku Emmanuel is somewhat obsessed with coding. After his father seized his laptop for reportedly “coding too much” and not focusing on his studies, he dropped out of school to focus on coding. Speaking in-depth about his experience, he said: “any time I was going to school, I was going to charge my laptop and code. I didn’t tell my parents. When they gave me money to buy textbooks, I used it to buy coding courses on Udemy.” His father somehow found out he has been missing classes and invited him
David Hundeyin, journalist and founder of West Africa Weekly newsletter, stated in a tweet on April 12, that he began working on a story about the Nigerian payment company, Flutterwave, six months ago. The story has now gone viral, dominating Twitter roundtable discussions. What exactly is the story? According to the article, which he claims contains the necessary proof to back up his allegations, Hundeyin accuses Flutterwave CEO, Olugbenga Agboola, of bullying and committing some crimes. These include insider trading, and inflating and deflating stock prices as desired. For those who don’t
Timeless London-based watch and accessories company, Vitae, reached two major milestones last year securing $1million in sales and distributed 5,000 solar lamps to Sub-Saharan school children. The solar-powered lamps were distributed in partnership with Pen to Paper Ghana, a Ghanaian non-profit that works to deliver lamps to students so that they can complete their school work with efficient lighting. But now its founder William Adoasi has just announced that the brand is launching each limited edition watch with an NFT. Talk about innovative! In a video, Adoasi said: “It’s William
Floyd Mayweather has announced the drop of a new NFT Project called Mayweverse. The project will consist of 5,000 NFTs and is set to launch on Wednesday. Fans on Twitter, however, are not pleased with the announcement and accused him of scams, taking people’s money, and abandoning projects. There will be five different NFT cards with a quantity of 1,000 available for each. In a tweet on the official Mayweverse account, it tweeted: “The mint price will be 0.3ETH bringing you maximum profit and value.” Floyd had previously launched a
Some 60 organizations have signed up for what is thought to be the biggest ever worldwide pilot of a four-day working week. The trial will run for six months from June and see more than 3,000 workers participate. There will be no loss in pay for employees working one fewer day a week – instead, they will be asked to maintain 100% productivity for 80% of their time. It comes as new research last month found some 72% of office workers in the UK said they would prefer a four-day working week. Countdown
I’m sure you’ve used or heard of Calendly.com and if you haven’t, get ready to meet its founder Tope Awotona. Born in Lagos, Nigeria, into a middle-class family, Awotona’s father was a microbiologist and entrepreneur while his mother worked at the central bank. At 12, Awotona witnessed his father get shot and killed in a carjacking. This is something he has previously spoken about in length to Inc Magazine. By age 15, he had moved with his family to Atlanta, studying computer science at the University of Georgia before going into business
Imalipay, which describes itself as a one-stop-shop financial services platform, has closed a $3 million seed in debt and equity round. The fintech raised an $800,000 pre-seed round in 2020. It was launched in late 2020 by Tatenda Furusa and Oluwasanmi Akinmusire after Furusa noticed the challenges ride-hailing drivers faced when accessing working capital or emergencies like running out of fuel in Nairobi. COO Akinmusire and Furusa met while working at Cellulant before starting ImaliPay. They received funding from Google Black Founders Fund last October before closing this seed round, which welcomed participation from Leonnis Investments.
Frustrated by the lack of inaction by many traditional VCs, some investors are trying to change the system and close the funding gap. Here we have a list of investors who are mobilizing and deploying capital, building economic power beyond the 1%. While not all of these VCs are 100% focused on funding underrepresented founders, they say they are inclusive and intentional about investing in founders who are women, Black, Indigenous, People of Color, LGBTQ+, over 50, and people with disabilities. The majority of the list, first created by Allyson
Hive Wealth by Impart Media, a community-first mobile app that helps people grow their wealth and leave a legacy for future generations, officially announced it received $600K in funding from Black Tech Nation Ventures. Through Black Tech Nation Ventures, Hive Wealth is now able to address massive financial inequalities that millions of people of color in the USA experience. “We are thrilled to announce Black Tech Nation Ventures as our first institutional investor,” said Yvette Butler, founder of Hive Wealth. “BTN Ventures and Hive Wealth share a common mission of building generational wealth. We are excited
