South Africa’s Competition Commission released a report that alleged that Google and tech companies were hindering fair market competition and the growth of South Africa’s digital economy. The watchdog claimed that Alphabet Inc. -owned Google’s search dominance “distorts platform competition” in favor of prominent market players. In addition, the report recommends several remedies focused on improving visibility for smaller South African companies in search results to address the issue. What did the report find? According to the commission’s report, Google’s model disadvantages new, small and underfunded South African businesses. The
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
A report by McKinsey and Co. found that representation for Black, Latina and Native American (BLNA) women in the tech workforce has shrunk over the past four years. McKinsey and Co. surveyed over 2,000 tech employees to calculate the experiences of BLNA women. The report is a collaborative effort by Reboot Representation and McKinsey in partnership with Pivotal Ventures. It explores effective strategies employers can use to attract, train and advance BLNA women. It additionally provides tools to help companies assess their current policies and practices and intentionally implement new strategies
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
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
Congresswoman Ayanna Pressley has called on the five largest banks in America, asking them to update their racial equity commitments following the murder of George Floyd in 2020. The March on Washington for Jobs and Freedom Anniversary Approaching the 60th Anniversary of the March on Washington for Jobs and Freedom, Representative Pressley, a House Financial Services Committee member, has reached out to the five largest American banks for updates. Held on August 28, 1963, in Washington, D.C., this pivotal march sought to champion African Americans’ civil and economic rights. Its
Cardi B has reportedly threatened to sue an X – formerly known as Twitter – user who shared fake AI-generated imagery and voice notes of Offset having an affair. What Happened? On Sunday, an X user, @ayywalker, shared what was allegedly evidence that Offset had cheated on Cardi B. The post featured a supposed photo of Offset and a voice memo of a man trying to set up a meeting with a woman. The user captioned the post, saying, “Offset has allegedly cheated on Cardi B once again. How embarrassing.” Cardi
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
