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
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
The Black News Channel, a cable news station focused on serving Black viewers, ceased operations on Friday afternoon after its billionaire backer declined to provide more funding for the startup. Now it’s currently under fire after former network employees took to social media to claim they were blindsided when operations were stopped abruptly. They also claim they have been waiting weeks for their final paychecks, just to be told they would not be receiving them as promised. Founded by former GOP congressman J.C. Watts back in 2020, the network was
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
There are 2,668 people on Forbes’ 36th-annual ranking of the planet’s richest people—87 fewer than a year ago. They’re worth a collective $12.7 trillion—$400 billion less than in 2021. And 236 newcomers have become billionaires over the past year—including the first ever from Barbados, Bulgaria, Estonia, and Uruguay. Only three Africans were in the Top 500 of the list. They include Aliko Dangote with his $14 billion in total earnings, making him the richest man in Africa according to the magazine. The next African on the list is Mike Adenuga with his $7.3 billion
Global digital payments giant Visa has opened up an innovation studio in Kenya, its first in Africa and sixth globally, after posts in Dubai, London, Miami, San Francisco and Singapore. The goal is to bring developers, Visa’s internal and external clients, and other partners together, to jointly build innovative payment and commerce solutions. It comes after the company previously used its existing innovation hubs to design products for the African market, including a collaboration with Nigerian Fintech Paga to develop new merchant acceptance solutions involving QR codes and NFC technology. “Sub-Saharan
Founded in 2018, Base10 Partners is helmed by managing partners Adeyemi Ajao and TJ Nahigian. Now it’s just been announced as the first Black-led VC firm to cross $1 Billion AUM with its new fund. This new early-stage fund follows a $137 million fund in 2018 and a $250 million Fund II in 2020. Previously – the firm invested in about 30 companies per fund with large lead checks of up to $15 million that would give it 15% to 20% stakes in a startup. The San Francisco-based firm uses a
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
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
