Fintech companies in Nigeria are rapidly growing. In Q1 last year, funding for African startups hit a new record, with approximately 89% of all funding allocated to fintech startups in the region. Nigeria is one of many African countries working to make financial services accessible to everyone. As smartphone users grow and digital IDs become the norm – all eyes are on fintech startups to pave the way for financial inclusion in Nigeria. Nigeria’s mission to achieve financial inclusion A quick Google search will tell you that there are at least 150 fintech
US tech layoffs show little sign of slowing, with 50,000 jobs cuts announced this month alone. Still, experts have said there’s still reason for hope. Competition for tech workers “will remain fierce — even when and if the economy falls into recession around the middle or second half of 2023,” Joe Brusuelas, RSM’s chief economist, told NBC News. 8 in 10 laid-off tech workers found a new job within three months of starting their search; 4 in 10 within one month. – ZipRecruiter Also 59% of all tech jobs exist outside the tech sector.
Why wait for Black History Month to celebrate Black talent? According to Zippia, Black people comprise 13% of NASA’s workforce, each playing a significant role in astronomy and space exploration. Here are some of them. Dr. Christian Braneon – Climate Scientist Dr. Christian Braneon was a climate scientist and civil engineer at NASA’s Goddard Institute for Space Studies (GISS) from 2017 to 2022. Dr. Braneon co-leads the Environmental Justice and Climate Just Cities Network (EJCJC) at Columbia University’s Earth Institute and serves as Co-Chair of the New York City Panel
Amazon Web Services (AWS) has launched an educator-enablement program at its Machine Learning University to help HBCUs and other minority-serving institutions teach the ins and outs of AI. Artificial intelligence has become one of the fastest-growing skill sets across multiple industries. Despite this, AI is still out of reach for many students, especially Black and Latinx students. AWS Machine Learning University program aims to help HBCUs and other institutions serving historically underserved and underrepresented students to deliver courses in next-gen tech. “We need the best minds from all backgrounds entering these fields [database,
A TIME investigation has exposed the horrendous conditions many Kenyan workers had been subject to while working under OpenAI, the company behind ChatGPT. OpenAI’s toxic working conditions Microsoft’s $10 billion investment in OpenAI, alongside the recent announcement of the platform’s $29 billion valuation, has sparked speculation. According to a recent TIME investigation, Kenyan workers hired to moderate the platform’s content had been left ‘mentally scarred’ from the harsh working conditions they were exposed to. ChatGPT had reportedly been prone to blurting out violent, sexist, and racist remarks due to being trained
The Business of Tech’s Diversity report has revealed that diversity in IT leadership still has a long way to go. What is The Business of Tech’s report all about? The report, created by Dave Sobel, examines diversity development in tech leadership. Sobel, the host of The Business of Tech podcast, is a leading expert in delivering technology services. Through his podcast, Sobel discusses uncomfortable topics associated with tech and business – one of which is diversity. “We love metrics in our industry. We have data and statistics and performance numbers
Melanated AI is the platform giving ‘melanated’ creators a prominent place in the AI movement. From Lensa AI photos going viral on Instagram to Malik Afegbua’s ‘Fashion Show for Seniors’ sparking a debate about computer-generated work replacing human creativity – it is safe to say AI artwork is having a moment right now. Melanated AI’s unique platform is committed to celebrating and promoting the diverse talents of artists of color by creating a safe space for them to sell canvas prints and digital downloads to a global audience. Founder Aquarius
The idea of running a business is exciting, but there is no denying that being a startup founder can be an overwhelming experience. From managing finances to staying on top of social media trends, many business owners wear multiple hats to keep their business functioning. According to The Plug’s analysis of Census Bureau data, approximately 10% of businesses that employed less than 20 people were forced to close in 2020. Likewise, statistics have shown that 45% of entrepreneurs have reported feeling stressed, which has led to mental health issues such as anxiety or depression.
MNFTM has officially launched its premier Web3 NFT marketplace platform for Black and brown creators globally. The world’s first NFT marketplace for Black and ethnically diverse creators The NFT Marketplace will be the world’s first-ever platform created explicitly for Black and ethnically diverse creators. The initiative hopes to address the gap in the market by providing a ground-breaking space where equality and collecting can co-exist in the digital realm. Founded by CEO Ed Ukaonu, the marketplace will work to represent all voices in the evolving digital economy. The platform’s business model focuses
Nigerian filmmaker and artist Malik Afegbua is challenging the misconceptions around African beauty, especially within the older generation. Artificial Intelligence has grown to become a trendy part of internet culture today. Despite being a controversial tech tool, one scroll through your internet feed will show you how many people are gearing toward an AI world. Malik Afegbua’s fashion show which displayed photos of elegant old-fashioned seniors in the chicest African attire, took the internet by storm. The series of images, called Fashion Show for Seniors, has garnered over 100,000
