The Democratic Republic of Congo is set to launch its first stock exchange in 2027, which will include the Congolese franc and the US dollar. Finance Minister Doudou Fwamba Likunde Li-Botayi told Bloomberg News that the new exchange will allow the country to benefit from the growing demand for crucial minerals that will fuel the AI revolution. “The reality of our economy is that it is strongly dollarized,” Li-Botayi said in an email response, highlighting that more than 95% of total banking system deposits and over 80% of public securities
South Africa is rolling out over 33,000 CCTV cameras, drones, and helicopters, and deploying 13,000 law enforcement officers across Gauteng Province ahead of Tuesday’s anti-migrant protests. The operation, which will cost an estimated R600 million ($35.5 million) will be the largest domestic security operation in recent years, according to Business Insider Africa. The anti-migrant protests The operation comes after concerns from migrant communities who are seeking refuge at embassies and advice in Johannesburg and Cape Town. Some migrants have left their homes and businesses ahead of demonstrations organised by the anti-illegal-immigration movement, March
A new study has found that AI hiring tools discriminate against Black and Asian job applicants. The study, “Algorithmic Monocultures in Hiring,” was conducted by researchers from Stanford University, Chapman University, and Northeastern University. It highlighted how 90% of US employees use AI screening tools to find top applicants. But how does this affect people of colour looking for new roles? AI hiring tools affecting Black and Asian job applicants The study found that 26% of Black applicants and 15% of Asian applicants applied to roles where the AI tool discriminated against
A California judge is upholding more recent claims against Workday in its anti-discrimination lawsuit. Judge Rita F. Lin said under California law, the company could face discrimination for an incident that occurred at its state headquarters after Workday, stating that the state’s anti-discrimination laws did not cover its screening of applicants based outside California who were applying for jobs in other states and countries. This is part of a collective-action lawsuit alleging that its AI-powered hiring tools discriminate against workers age 40 and older. The lawsuit was first filed in February
The US Department of Justice believes that Elon Musk’s company, xAI, should be able to violate the Clean Air Act solely because the Trump administration says so. The DOJ’s statements follow the NAACP’s Clean Air Act citizen suit against xAI, alleging that it violates the Clean Air Act and poses a risk to local communities’ health. “Laws like the Clean Air Act are a bedrock insurance policy for communities to hold polluters accountable for decisions that cause them harm. This should not be up for debate, and the NAACP will
Fisk University is receiving backlash for its Quantum Leap project. The $1 billion project plans to improve the student experience by building a data and tech centre, renovating the student area, and upgrading student classrooms, according to a press release. The Quantum Leap project The innovation centre will be a $400 million project spanning a 100,000-square-foot facility with 30,000 square feet of academic space and 70,000 square feet of technology centre. The centre will provide students with new and existing curricula, as well as tech-forward interdisciplinary studies. “Reflecting Fisk University’s
CreditChek, a Nigerian credit data company, has raised $600,000 to enter the East African market. Janngo Capital led the round, with participation from previous investor Assembly Investors and new investors Vastly Valuable Ventures and Unipeg Capital. The Nigerian company plans to expand in Kenya, Uganda, and Rwanda. “We’re building the data infrastructure that allows lenders to access richer, more reliable insights,” Kingsley Ibe, co-founder and chief executive of CreditChek, told TechCabal. ‘This funding allows us to scale our infrastructure and partnerships in East Africa, bringing us closer to a future
Black Women’s unemployment rate has reached 7.3% in 2026, according to the Bureau of Labor Statistics. Last year, Black women’s unemployment rate increased from 5.1% in March to 6.1% in April, reached an all-time high of 6.2% in May, then dropped to 5.8% in June, according to Bureau of Labor Statistics data reported by The 19th. DEI and AI affecting Black women’s employability Black women are more likely to be in departments of Education, Health and Human Services, and Housing and Urban Development, which have been targeted for cuts by DOGE.
will.i.am has completed his first semester teaching agentic AI at Arizona State University, as reported by Fox 11. The course is a credit-bearing, 15-week class open to all students; a second semester is in the works for later this year. will.i.am teaching an AI course During the course, students created their own personal companion called an agent. They presented their AI projects at the end of the course, with one student using his work to support veterans. Another student wrote a song related to the healthcare journey. “This professorship marks
On May 6th, the NAACP filed a request for a preliminary injunction to stop air pollution from Elon Musk’s company, xAI, and its parent company, MZX Tech. The request comes after the organization filed a Clean Air Act enforcement last month. The Clean Air Act requires major sources of pollution to obtain air permits, which include stringent pollution limits and require the use of pollution controls before being constructed or operated. xAI violating the Clean Air Act The NAACP informed xAI and MZX Tech that their personal power plant, comprising 27 gas-fired
