Kai Cenat recently confirmed plans for his Nigerian school after months of speculation and criticism from fans. In 2024, the streamer visited the Makoko Children Development Foundation School and Orphanage in Lagos, where he saw the dire conditions of the students and staff. After seeing the school’s sinking building, limited space, and the struggle to provide a learning environment for its 385 students, Cenat wanted to help. Cenat announced plans to construct a new school in the Makoko community. In the announcement, he asked people living in Nigeria or on the African
Group Black, originally founded to channel ad dollars into Black-owned media, is expanding its reach to a broader audience, Business Insider reports. The company has rebranded as Group Black Holdings and is now targeting what it calls “Gen Next,” a values-driven audience that cuts across race, age, and background. Bonin Bough, Group Black’s co-founder and chief strategy officer, maintains that Group Black is “evolving—not abandoning” its foundation. The company is expected to share more details on September 8. Portrait Media Group: A New Venture As part of its rebrand, Group Black announced
Meek Mill is reportedly developing an AI tool that will transform lives. “Working on a ai tool that can change the world lol,” the rapper wrote on X (formerly Twitter) on August 31. He has been teasing the project on X in recent weeks, suggesting it is one of his most ambitious ventures yet. “I can’t wait to get a chance to show the world how smart I really am!” he said on August 25. Days later, on September 2, he added: “I have some genius tech guy that’s building
Caroline Wanga is stepping down from her role as president and CEO of ESSENCE Ventures. Wanga joined the company in 2020 but took a one-year leave due to health reasons. On August 25, ESSENCE Ventures issued a press release stating that Wanga would be leaving the company indefinitely, according to Black Enterprise. “We are profoundly grateful to Caroline for her leadership, vision, and unwavering advocacy of Black women and culture,” Richelieu Dennis, founder and chairman of Sundial Technology & Media Group, parent company of ESSENCE Ventures, said. “Her expertise in culture, equity, and
When was the last time a social media platform made you feel positive about yourself? As much as we don’t want to admit it, most of us spend our days doomscrolling, which can have a negative impact on our self-esteem. The simplest solution would be logging off, but you can’t escape social media forever. For Gen Z and Gen Alpha, social media often shapes who you are, as high social media usage is often linked to low self-esteem for young women. 17-year twins Avril Piera and Paris Ofe know about
Atlanta-based Gray Media, Inc., will acquire 10 television stations from Byron Allen’s media group for $171 million. The transaction would bring Gray into three new markets – Columbus-Tupelo, Mississippi; Terre Haute, Indiana; and West Lafayette, Indiana, according to a press release. It will also build the company’s presence in seven other markets, creating duopolies that will enable Gray to enhance its public service to their communities with expanded local news, local weather, and local sports programming. Allen Media Group in debt In June, Byron Allen announced that it was selling
Steven Bartlett is using AI to create and host his latest podcast. The Diary of a CEO star has launched “100 CEOs with Steven Bartlett,” an animated documentary-style series hosted by Bartlett’s AI voice clone. The series features high-profile business figures like Richard Branson and Elon Musk. While Bartlett writes the initial scripts, the rest of the production is handled by AI, Business Insider reports. His company, FlightStory Studio, used tech from AI firms Runway, ElevenLabs, and Wondercraft. Creating hosts using AI The “100 CEOs” show doesn’t shy away from the fact
SpreeAI, the fashion tech startup redefining virtual shopping experiences, has reached a $1.5 billion valuation after a recent funding round led by The Davidson Group. The AI-powered fashion app allows users to virtually allows users to try on clothes in an experience so lifelike it feels like you’re in a real dressing room. Designed for use both in-store and online, SpreeAI blends cutting-edge technology with real-world retail to transform how consumers shop and how brands sell. SpreeAI valued at $1.5 billion Co-founded and led by CEO John Imah, SpreeAI has
IFC, a member of the World Bank Group, and Proparco, a member of the World Bank Group, announced an equity investment of up to $50 million in Helios Sports and Entertainment (“HSEG”), an investment vehicle dedicated to sport, media and entertainment across Africa. HSEG aims to foster a more dynamic sport and entertainment ecosystem in Africa by collaborating with its four partners: NBA Africa, The Malachite Group (Afro Nation), PFL Africa, and Zaria Group. IFC and Proparco invest in African sport The IFC commited $30 million of the equity investment,
pgLang, the creative company founded by Kendrick Lamar and Dave Free, is launching a new initiative called Project 3, aimed at expanding its creative offerings for businesses. At the heart of this venture is Project 3 Agency, a full-service agency providing creative direction, content creation, production services, brand design, and strategic consulting. According to Fast Company, the move follows pgLang’s acquisition of Frosty, an international creative studio and longtime collaborator. The acquisition was instrumental in building the agency. “For us, it was like, how do we build foundational structures for
