Alitheia IDF is a $100 million private equity fund that aims to grow African SMEs through gender-balanced businesses. According to a report from Africa’s The Big Deal, female-led start-ups in Africa had raised 4% funding in 2022, while male-led ventures raised 96%. Therefore, 25 times less funding had been invested in female-led startups in 2022 than their male-led counterparts. Alitheia IDF aims to identify, invest in and grow businesses led by gender-diverse teams to achieve solid financial returns and social impact for African communities. Alitheia IDF The Alitheia IDF invests
Ariana McGee founded Navigate Maternity, a remote monitoring platform facilitating equitable prenatal and postpartum care for pregnant women. Black Women and Pregnancy In 2017, over 1,205 women died during and after children, with the U.S. having the highest perinatal mortality rate of any developed country. The United States is also known to be the most dangerous and expensive high-income country for childbirth, especially for Black and Indigenous women. Black women face a nine times higher risk of maternal death than their white counterparts, regardless of wealth. McGee nearly lost her
George McKinney, the founder of Better Life Technologies, is in a five-year legal battle against healthcare provider Kaiser Permanente. Better Life Technologies Black-owned tech firm Better Life Technologies Group, Inc. describes itself at the forefront of innovation in human vitality monitoring within the wireless wearable technology revolution. Their goal is to enhance accessibility to life-saving technologies and create sustainability within the industry. They work on highly disruptive, non-invasive, real-time diagnostics for COVID-19 and many other pathogens. What Happened? McKinney has been in a legal battle with Kaiser Permanente for over five years
Kenyan President William Ruto announced that offensive or inappropriate content will be removed from TikTok after a virtual meeting with TikTok’s CEO. TikTok and the Kenyan Government According to the Reuters Institue Digital News Report 2023, Kenya has the highest TikTok usage rate worldwide, with 54% of users in the country using the app for general purposes and 29% for news. During the virtual call with TikTok CEO Shou Zi Chew, it was agreed that TikTok will collaborate with the Kenyan government to review and monitor its content. The collab
Founder of digital services and software development firm Fearless aims to make it a $1 billion company by 2030. Fearless Founded in 2009 by Delali Dzirasa, Fearless is an impact-focused digital services integrator building software while creating conditions for organizations and their staff to thrive. Human-centred digital solutions and organizational transformation help unlock the potential of people, organizations and tech. Dzirasa wanted to make government services accessible and usable for civil servants and the general public. He has grown the company for 14 years by bootstrapping, a funding option allowing
Black founder Katara McCarty launched her app, EXHALE, in 2020 after struggling to find an app suited to Black women’s wellbeing. Exhale App EXHALE is the first emotional well-being app designed for Black, Indigenous, and Women of Color (BIWOC). EXHALE was born from the idea that the Black and Brown community is holding its breath, waiting for the next video of police brutality, the next micro-aggression, or the following adverse health impact statistic. “It’s time to exhale – to breathe out all that isn’t serving BIWOC and breathe in healing, energy and
U.S. Justice Department Files Lawsuit Against SpaceX Over Alleged Discrimination In Hiring Practices
The U.S. Justice Department has filed a lawsuit against Elon Musk’s rocket company, SpaceX, for allegedly discriminating against asylees and refugees in hiring. Musk’s SpaceX designs, manufactures and launches advanced rockets and spacecraft. The Lawsuit The lawsuit alleges that from September 2018 to May 2022, SpaceX routinely discouraged asylees and refugees from applying. It also states the company refused to hire or consider them because of their citizenship status, violating the Immigration and Nationality Act. In job postings over several years, the rocket company wrongly claimed that under federal regulations known as
Empowering Motherhood: The Black-Owned App Revolutionizes Pre And Post-Natal Care Through Technology
The Aster app was created to help women keep track of their pregnancy, communicate with a care team on the app and book appointments and remote monitoring. Founder of Aster FiFi Kara created the app after witnessing her family’s distress as her nephew was brought into the world. “After an emergency CAT 1 C-Section delivery, he required over seven minutes of resuscitation before he took his very first breath,” she wrote on LinkedIn. “The fact that both my nephew and sister are now thriving feels like a miracle, yet this narrative is sadly
Mariam Jimoh, the founder of African and Caribbean goods and foods online delivery service Oja has announced the digital supermarket is shutting down. Oja – Digital Supermarket In 2020, British Nigerian Mariam Jimoh launched Oja, which means market in Yoruba, as the UK’s first ethnic digital supermarket focusing on African and Caribbean goods. After struggling to find the Nigerian food she grew up with in her local supermarket chain, Jimoh was motivated to leave her corporate career and work towards a solution. The result was Oja, which promised fast and
After experiencing a close call with a tornado in 2015, Robert Washington founded Shelter Share, a mobile app helping Oklahoma residents find nearby shelters during natural disasters. Shelter Share Oklahoma has had over 800 tornadoes, but Oklahoma City only has 26 shelters per 1500 residents, with no public shelters available. Shelter Share, founded in 2022 by Robert Washington, is a mobile app that helps users locate nearby shelters during natural disasters. Washington experienced a close call with a tornado in 2015. He was in a two-story apartment building, holding his newborn
