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Changing the continent’s narrative will entail solving old problems while also harnessing the power of new technologies, says Akintoye Akindele, a serial entrepreneur and investor on a mission to build a new Africa. Akindele is also the chairman of Platform Capital, a venture capital outfit that invests in tech companies across the world, but mostly in Africa. In May 2022, Platform Capital announced an investment in Zuri Health, a company that connects patients with affordable healthcare services via SMS, WhatsApp, and a dedicated app. Speaking ahead of receiving the African

Public protests demanding justice for Black people killed by police have brought a reckoning to the business world, with executives forced to resign, companies overhauling internal policies, and employees quitting in protest. For the tech industry, this reckoning has been going on in some form since 2014. The industry, which prides itself on agility, had previously failed to move the needle on workplace diversity and take complaints seriously. While there’s been an improvement over the years, some may argue it’s still failing to take robust action. In October 2019, Pinterest, a giant in the sector,

Instagram has partnered with Brooklyn Museum and writer Antwaun Sargent to debut this year’s #BlackVisionaries program. The initiative, designed to help invest in and support Black talent, will include a grant of $650,000. The support program, co-founded by the social media giant, writer Antwaun Sargent and the Brooklyn Museum in 2021, is designed to help uplift and champion underrepresented voices within the creative industry. Last year, five Black designers and Black-led small design businesses were awarded $205,000 in grants last year. The funding allowed each participant to pursue their biggest

Banking platform BMO recently announced its partnership with the Black Professionals in Tech Network (BPTN), North America’s largest community of Black tech and business professionals. The partnership will focus on supporting and providing opportunities for Black professionals in the financial services industry. It will also help the banking platform increase representation of Black colleagues by bridging the network gap. BMO’s recent announcement with BPTN falls under their Zero Barriers to Inclusion Strategy, highlighting its critical goals for the year. The Inclusion Strategy includes reaching new hiring targets and providing access

The tech industry has spent a decade publicly reckoning with its diversity problem. Still, Black and Hispanic workers hold just 7% and 8% of computer worker roles in the U.S., though they represent 11% and 17% of the country’s total workforce, respectively, according to the Pew Research Center. With the Metaverse becoming increasingly popular, it’s important to hold those in power accountable. Earlier this year, reporter Yinka Bokinni wrote a piece in the Guardian about her experiences in the Metaverse. “But within the first 10 minutes of putting on a

After weeks of speculation about a leaked draft opinion that indicated that abortion would no longer be guaranteed as a federal right but instead left up to the states to decide, the United States Supreme Court has officially overturned Roe v. Wade. The move will allow more than half of states to ban abortion, with an immediate and enduring impact on tens of millions of Americans. The court decided there is no constitutional right to abortion in a case called Dobbs v Jackson Women’s Health Organization. In reaching that decision, the conservative-majority

Jenna Wills, a former vice president at Afresh, filed a lawsuit against the company in April. Wills, who is Black, alleges she faced racial discrimination at the grocery-software startup. But an Afresh spokesperson said that Wills’ race was not taken into account in her termination. Here’s what happened. Wills joined Afresh in June 2021. Joining the startup was an easy decision for her because she was inspired by what they were building and their “incredible” mission to use artificial intelligence to help grocery stores order just the right amount of

After shooting his music video “House I Built in the metaverse, Snoop Dogg has decided to explore a series of new ventures.  According to a tweet by trademark attorney Michael Kondoudis, Snoop Dogg, real name Calvin Broadus, applied for new trademarks for his new digital cannabis project.   The musician filed a claim under the brand names “UNCLE SNOOP” and “UNCLE SNOOP’s.” The virtual business will provide various products, including virtual clothing, headwear, footwear, energy drinks, and pre-rolled hemp cigarettes. Users can also purchase virtual cannabis and downloadable cannabis products authenticated

Brothers Raees and Ameer Cajee promised patrons they could make small fortunes off Bitcoin using their company, Africrypt. But in 2021, the brothers fled South Africa, claiming criminals had hacked the platform. According to angry investors, they fled with $3.6 billion in Bitcoin.  The brothers were accused of carrying out the biggest Bitcoin heist in history. Local media, including Independent Online and ITWeb, were the first to report on the case. In 2019, Ameer Cajee and his younger brother, Raees Cajee, founded the crypto investment app Africrypt. The company claimed it used a trading

ANJEL Tech, a Black-owned cloud-based application that turns any smartphone into your personal body cam, has announced a historic partnership with 1 Million Madly Motivated Moms (1M4), an organization led by African American moms to address police brutality through legal action and legislative policy education. We previously interviewed the founder of ANJEL Tech, who told POCIT that he’d struggled to get attention from mainstream reporters and investors when it came to his app. The app in question has been described as an initiative that “could help protect minorities.” When activated, the

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