Southeast Asian investment network XA Network has expanded to the African continent with the launch of XA Africa. XA Africa aims to connect local founders with international investors, offering both capital and mentorship to help scale their ventures globally. Co-founded by Nitin Gajria, former Managing Director of Google Sub-Saharan Africa, Black Angel Group Co-Founder Jason Scott, and YouTube marketing director Marek Dawidowicz, XA Africa brings a wealth of experience to the continent’s entrepreneurial landscape. Their mission is to equip African startups with the resources and expertise needed to solve critical
Venture capital firm Fearless Fund has announced a seven-figure investment in Zimi, an emerging e-commerce platform. Zimi, co-founded by Audrey Djiya and Peter Nsaka, specializes in inventory management, storage, and logistics to help businesses in emerging markets, particularly Africa, expand globally. This latest investment reaffirms Fearless Fund’s continued commitment to supporting underresourced founders, including women of color, following its year-long legal battle with the American Alliance for Equal Rights (AAER) over its grant program for Black women founders. Fearless Fund Backs Zimi Zimi launched in August with the goal of
A Black senior legal counsel at Workday, Anthony Hill, has filed a lawsuit against the tech company, claiming racial and disability discrimination after it sent police to his home for a “wellness check” during his medical leave. According to Business Insider, Hill, who was receiving treatment at a hospital at the time, felt the event was a distressing and unnecessary escalation. The lawsuit, filed in December 2023 in California’s Northern District Court, follows Hill’s claim that he informed his manager of a medical emergency on October 12, 2022. He provided
Wrk Receipts, an AI-powered mobile platform designed to offer real-time workplace advocacy, was recently launched, bringing a fresh approach to how employees navigate professional challenges. Founded by Cierra Gross, the app aims to provide employees with more transparency and control over their workplace experiences, setting a new standard for workplace empowerment. At the heart of Wrk Receipts is Jayla, an AI advocate that helps users document and address workplace issues. By offering personalized advice on employment laws and company policies, Jayla guides employees through complex scenarios, ensuring they know their
Jackson State University (JSU) has been awarded a $2 million grant from the Entergy Charitable Foundation to establish a Critical Power Grid Network Security Lab, designed to address the growing cybersecurity needs of the energy sector. This significant investment will support JSU’s commitment to training a diverse, skilled workforce capable of safeguarding critical infrastructure. The grant was formally announced during a ceremony on October 7, where JSU President Marcus Thompson, Ph.D., received the check from Entergy Mississippi President and CEO Haley Fisackerly. Advancing Cybersecurity in the Energy Sector The new
Global music icon Shakira has partnered with Amazon and Code.org, through her non-profit, Fundación Pies Descalzos, to expand computer science education for Hispanic students worldwide. The collaboration will help young people learn to code through an interactive music experience that uses Shakira’s Spanish-language hits and also provide computer science education training to teachers across Colombia. Learning to code through music Shakira has long worked to enhance educational opportunities for underserved communities in Latin America. In celebration of the partnership, Shakira has donated songs like “Amarillo” and “Chantaje” to Code.org’s Music
NBCUniversal and Group Black has launched ExcellencE!, a new content collection on Peacock, bringing thousands of hours of diverse, inclusive programming to the streaming platform. ExcellencE! – Black-Led And Cross-Cultural Content This partnership aims to highlight Black-led and cross-cultural content, making it a key destination for multicultural stories. Subscribers can now access ExcellencE!, which includes popular shows like Bel-Air, Martin, and The Real Housewives of Atlanta. NBCUniversal plans to expand the offering with additional original content in 2025. This launch is part of a broader initiative, expanding on the 2023
London-based fintech unicorn Zepz, formerly known as WorldRemit, has raised $267 million from new and existing investors to expand its global cross-border payments platform. Zepz’s fundraising round was led by Accel, with participation from Leapfrog, TCV, and Coller Capital, as first reported by Bloomberg. The International Financial Corporation, a member of the World Bank Group, has also committed to invest up to $20 million. Zepz not disclose its valuation in this round but was valued at $5 billion after its $292 million Series E round in 2021. Simplifying Money Transfers
The rapid rise of AI is reshaping the workplace, and many Black and Latine professionals worry about falling behind. More than half (54%) feel overwhelmed by the pace of change, and 49% worry about being left behind as AI makes current skills obsolete, according to LinkedIn data shared with POCIT. LinkedIn Career Expert Andrew McCaskill says the solution isn’t to panic but to pivot, embracing continuous learning to stay competitive in this fast-evolving job market. AI: A New Opportunity, But With Risks While AI offers the potential for new job
Yamilée Toussaint, founder of STEM From Dance and an MIT-trained engineer, has been named a CNN Hero for her efforts to bridge the gap between young girls of color and STEM careers. Through her nonprofit, Toussaint combines dance and STEM education to inspire and equip the next generation of innovators, especially those who might not see themselves represented in these fields. “It’s an honor to be selected as a CNN Hero,” Toussaint said. “I’m proud of the work we do to connect girls of color with STEM in a joyful and
