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Microsoft has announced the expansion of its AI for Good Research Lab to Cairo and Nairobi. The expansion aims to close the climate data divide by researching and developing AI machine learning in areas in Africa worst affected by the climate crisis.  Africa’s Climate Crisis  Research has revealed that high climate risk correlates with income and health inequalities. The findings also coincide with the fact that two billion people in the Global South were found to be living in some of the most climate-risk areas between 2008 and 2018. Despite Africa contributing less

The training development company, CyberVista, has announced its new partnership with the not-for-profit organization BlackGirlsHack (BGH Foundation).  What is BlackGirlsHack?  The BGH Foundation, founded by Tennisha Martin, aims to provide Black women and girls with the resources, mentorship, and resources needed to succeed within the cyber sector. The non-profit organization’s mission is to empower Black women to break into an industry that lacks diverse representation by supplying them with the essential training resources they need.  BlackGirlsHack does not only advocate for diversity within the cyber security space, but they also use

Chicago entrepreneur Arthur Burton is working to increase access to the clean energy sector by providing job training to youth in underrepresented communities.  Who is Arthur Burton? After establishing his company in 2019, Arthur Burton has been committed to providing opportunities for members of disinvested communities by making training for green jobs more accessible.  Before launching his clean energy initiative, Burton focused on expanding his experience within the sustainability sector. After receiving his Bachelor of Science degree in telecommunications, the entrepreneur worked at AT&T for 18 years as a technical

In June, Solo Ceesay, a 27-year-old first-generation immigrant, spearheaded a $26 million raise for Calaxy, an open social marketplace he co-founded with NBA star Spencer Dinwiddie. At the time, only 8% of VC funding had gone to Black startups. In this thought piece, Ceesay breaks down why funding for Black founders continues to fall short, despite efforts to turn things around. In Q3 2022, Black entrepreneurs raised $187 million in venture funding, equating to merely 0.12% of the $150.9 billion that venture capitalists deployed in totality. This figure is severely

25-year-old Iddris Sandu is a technologist and founder of Spatial Labs (sLabs) an organization committed to reshaping the future of commerce, Blockchain technology, and fashion.  The technologist, born in Accra, Ghana, moved to Los Angeles when he was three years old. After teaching himself how to code and partaking in a range of internships and consultancy programs, Sandu set his sights on reshaping the way technology exists in the world. Additionally, he stuck to his word and became one of the youngest founders to enter Black Enterprise’s 40 under 40 list. The

Serena Williams is making big moves in the venture capital world. After announcing earlier this year, that she would be stepping away from tennis, Williams has embodied the phrase ‘put your money where your mouth is, by investing over $100 million in early-stage startups.  Ugandan-based fintech, Numida, is the latest business to benefit from investment from Serena Ventures. The fintech recently raised $12.3M in a pre-series A funding round led by Serena Ventures. Participation included the Pan-African VC fund, Launch Africa, Breega, Soma Capital, Y Combinator, and MFS Africa.   What is

Nigerian startup Stears has announced a $3.3 million seed round led by MaC Venture Capital which included Serena Ventures. What started as a written media publication by a group of Nigerian graduates is now a growing data insights company with its sights set on rivalling the likes of Bloomberg. Backed by Serena Ventures Serena Williams was playing in the US Open when the seed round for Stears came together. Nevertheless, according to Serena Ventures’ founding general partner, they were keen to invest and fought “tooth and nail” to get in.

The Congressional Black Caucus Institute (CBCI) is launching a new AI tech platform that matches public policy corporations with CBCI-vetted job seekers.  Founded in 2000, the CBCI is a nonprofit social welfare organization that aims to educate and empower the African American community around issues that impact it the most. The CBCI’s latest initiative, the Career Placement Initiative (CPI), aims to diversify hiring in the public policy space. The Career Placement Initiative So how does it work? Employers bulk upload communications, legal, public policy, and government relations job openings to the platform. The

Funding for African startups has hit a new record between January and June. According to reports, the African market is the first to see more than a single digit of growth which was extremely unpredictable considering the slowdown globally.  Venture capital deals within the African region reached a striking $3.5 billion in six months, with no other continent coming marginally as close to Africa’s startup funding growth.  Of the 300 companies that benefitted from this funding, 27% were led by female founders or had at least one female founder. This is

Black couple DeMario and Dawn Nicole McIlawin are the creators behind Skilldora. This Black-owned edtech startup is one of the first e-learning platforms to embrace “digitally created humans,” also known as AI instructors.  Skilldora has partnered with Israel-based company, D-ID, to accelerate academic learning for the next generation. According to Yahoo Finance, edtech startups have helped boost the educational sector. Online education is now one of the most effective and fastest ways for modern learners to learn seamlessly.  Skilldora is on a mission to revolutionize the education system by becoming

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