Women-led startups continue to attract only a small portion of investment in Africa’s tech ecosystem. So far in 2025, male-led startups in Africa have received 75% of all funding raised. This leaves the remainder shared between women-led and mixed gender teams, according to the latest Africa Venture Pulse report by Briter, a research and business intelligence firm focused on emerging markets. Of the more than $2 billion raised across the continent, about 10% has gone to companies with at least one female founder. Gender funding gap in Africa Over the past
The current job market for Black women in the US is bleak. More than 300,000 Black women have exited the workforce in just a matter of months. 518,00 Black women have not returned to the labor force since the pandemic started, meaning their real unemployment rate is over 10%, according to gender economist Katica Roy’s analysis of Bureau of Labor Statistics data, published in MSNBC. These figures paint an alarming reality: Black women are being pushed out of the workforce at alarming rates. But why is this happening? And crucially, what
Nearly 300,000 Black women left the workforce in just three months, according to gender economist Katica Roy’s analysis of federal data published in MSNBC. Black women were the only major female demographic to see significant job losses in the five-month period between February and July, with 319,000 leaving the workforce, The New York Times reports. Rep. Ayanna Pressley (D-MA) is urging Federal Reserve Chair Jerome Powell to help address these concerning statistics. Pressley’s letter On September 8th, Pressley wrote a letter to Powell, saying, “In August 2025, 6.7% of Black
AI is helping Latinos get on the property ladder. Latinos often face several barriers when trying to buy a home, such as meeting loan officers who don’t speak Spanish and not being able to fully understand what is being explained to them by loan officers. Federal housing agencies have started to switch to English-only services as part of President Donald Trump’s plan to make English the official language of the United States, according to The Seattle Times. The use of bilingual AI may help Latinos and other underrepresented communities during
The John S. and James L. Knight Foundation has awarded $19.8 million to 12 projects across Detroit. One of the recipients of the grant is Black Tech Saturdays, as reported by the Detroit Free Press. Black Tech Saturdays allows creatives and tech enthusiasts to learn, innovate, and collaborate. The group will receive $2 million to scale Detroit’s equity-focused tech economy by connecting residents with high-growth jobs and entrepreneurial opportunities. The funding will also expand digital infrastructure, support community events, amplify storytelling, and help unlock $10 million in income opportunities. The
Lion Forge Entertainment, the Black-owned studio behind a growing slate of diverse film and TV projects, has secured a $30 million in a funding round led by HarbourView Equity Partners, as first reported by Bloomberg. The Los Angeles–based studio, founded by David Steward II, son of billionaire tech entrepreneur David Steward, will use the capital to scale up production and expand its pipeline of original content. The Steward family, with an estimated net worth of about $8.7 billion, also invested and remain majority owners. Lion Forge develops and produces live-action and
A new social media platform designed for the Black community is set to launch. Byio – short for By Invite Only- is the first-ever SaaS, AI-forward social platform founded and owned by Black women, according to a press release. Byio is designed to build community. “Unlike traditional platforms that alienate and mistreat certain demographics, Byio is everything that all the others are not and can never be, because we prioritize authentic interactions, privacy, and user control,” it says on their website. A social media platform for and by Black women
ICE has recently spent approximately $4 million on facial recognition technology to investigate individuals it believes have harmed law enforcement officers, according to procurement records obtained by 404 Media. The records suggest that ICE is purchasing the technology to identify people who might assault the agency’s officers as they continue the Trump administration’s mass deportation efforts. Continuous claims from authorities state that members of the public have assaulted or attacked ICE or immigration enforcement officers. But charges related to these claims have been dropped or lowered when it was highlighted
Iwnetim Abatek, an Ethiopian entrepreneur and assistant professor at MIT in the Department of Materials Science and Engineering, has been named to the MIT 35 Innovators Under 35 list. The annual list, published by MIT Technology Review, celebrates the world’s most promising young creators in science and technology. Abatek’s research focuses on sodium-ion batteries, a potentially cheaper alternative to lithium-based power for electric vehicles and grids. He’s also exploring ways to use underground heat and pressure to produce ammonia, a key fertilizer ingredient and potential green fuel, according to MIT
ICE will have access to Israeli-made spyware that can hack into any phone and view encrypted messages. The Department of Homeland Security first entered into a contract with Paragon Solutions in 2024. But the Biden Administration put the $2 million deal on pause as it faced compliance reviews related to privacy and security concerns. The Guardian reports that the pause has now been lifted, allowing ICE to have access to the tool. Paragon’s Graphite software will enable agencies to infiltrate smartphones, access encrypted applications such as WhatsApp, extract data, and
