Infibranches Technologies Limited has secured $2million in funding from ‘All On,’ an investment company backed by oil and gas giant Shell. The Nigerian firm, founded in 2019 by Olusola Owoyemi, aims to provide digital financial services for service providers in the energy sector. Through its flagship products – OmniBranches and Green Energy Plug – Infibranches helps companies with extensive distribution networks. With the support of The Nigerian Off-Grid Market Acceleration Programme, it has also developed a payment system that helps to facilitate payment collection for providers of solar home systems and mini-grid developers through
Create Lab Ventures has teamed up with Trill or Not Trill to launch the world’s first artificial intelligence Afro-Latina, A. I robot, who made her debut at school systems worldwide on Monday. C.L.Ai.R.A was first introduced through Trill or Not Trill; a Black founded institution to provide innovative strategies and solutions that speak “to the culture.” Founders Jeff Dess and Lenny Williams joined forces with a social venture – Creat Lab Ventures – to continue their mission of providing underserved communities with the resources and skills needed to thrive in the media and
TV personality Steve Harvey might have just helped cryptocurrency Solana increase its value in price, which started at $37 last month and is now up to $197 as of yesterday, without even realizing it. On Thursday, the comedian and presenter swapped out his old profile picture for a unique Solana Monkey Business NFT – the picture is part of a collection of cartoonish, pixelated monkeys generated randomly. An NFT provides ownership of almost every type of digital item and now profile picture collections are on the rise in the space.
Nigeria’s Prospa has just closed a $3.8 million pre-seed round that will allow the fintech startup to offer small businesses banking and software services. The West-African-based firm caters to freelancers and entrepreneurs acting as the “operating system” for their businesses by providing bank accounts, tax support, advice on creating a unique name, and more. The start-up, launched by trio Frederik Obasi, Chioma Ugo, and Rodney Jackson-Cole, has already had some success over the last few months – in March, it was one of the 10 African startups participating in Y Combinator’s (YC)
El Salvador has become the first country to accept Bitcoin as a legal currency in a move that has got the world debating whether cryptocurrency should be used in this way. The country has reportedly already bought its first 400 bitcoins, worth an estimated $21 million based on bitcoin’s value at the time of the announcement, according to a series of tweets by the country’s President – Nayib Bukele. Millions of people are now expected to download the government’s new digital wallet app which gives away $30 in Bitcoin to every
A group of tech and diversity pioneers is calling for robust action to be taken as Facebook’s facial recognition software mistakenly labeled a video featuring Black men as “about primates.” Marcel Hedman, the founder of A. I group Nural Research, a company that explores how artificial intelligence is tackling global challenges, described the long-standing issue as a “multi-layered” problem that can “definitely be solved.” Mr. Hedman, 22, based in London, said: “There was definitely no shock when I heard about the Facebook incident, and I think the reason why is
Hubspot is hiring When Mohamed Gueye was six years old, growing up in Senegal, his interest in tech began when he saw a computer for the first time. His dad bought it, and he was fascinated by the images that were shown on its screen. Today, Mohamed works at HubSpot in Massachusetts as a technical lead. In this interview, he shares his path working his way up from a supermarket into tech, his experience at HubSpot, and the importance of not getting stuck into one way of thinking. Hi Mohamed,
We are living through two pandemics. COVID-19 and the disease of racism. One we are protecting ourselves from, and the other we seem to ignore until it gets to the point of civil unrest. It does not have to be this way; if we lived our lives fighting racism at home, in government, and the workplace, we would not have the unrest we see in the streets now. I can’t control what people do in all of those areas, but economic freedom is a key to solving the problem. Venture
What is the most powerful way you can transform a company’s culture? One year ago when I joined Brandwatch as VP of Global Community & Belonging I made a gamble that only habits, not one-off actions, would help us achieve the progress we wanted. From hiring more Black people at all levels, to delivering bias and inclusion training to all employees from leadership downwards, our diversity and inclusion goals at Brandwatch have always been bold. But being bold about belonging means you have to have an appetite for risk. And
Techish is back with a brand new episode! Abadesi and Michael discuss Rihanna joining the billy club, as Forbes reports she is worth $1.7B and what it means to be a billionaire nowadays (0:15) They also break down: Square acquires Afterpay for $30B and the risks of buy now pay later companies (7:53) Instagram makes changes for under 16’s but is it too little too late? (15:20) Fleets is no more, the unofficial ‘mega block’ and not being afraid to kill projects (23:23) Why smaller active wear brands are beating big brands like Nike
