Author: AdeO

Google has launched a $175 million racial equity fund targetted at supporting black business owners, startup founders, job seekers, and developers. The company divided the package into four categories, with the biggest allocation of $100m being directed towards black-led capital firms, start-ups and organizations supporting black entrepreneurs. “Beyond our products,…

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Suguba in partnership with Mercy Corps and the French Development Agency (AFD) is organizing its second 6-month investment readiness program in West Africa to support the 8 most promising startups in the digital sector in Francophone West Africa. L’Afrique Excelle, the francophone adaptation of the World Bank’s XL Africa tech accelerator,…

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Nikola Stojanow, the co-founder of AEternity Blockchain and creator of AE Ventures investment company, has announced the launch of a 100 Euros Venture Capital Fund focused on opportunities in the blockchain space. Stojanow’s new Meta Change Capital (MCC) will fund blockchain development in emerging markets.  “I see the largest potential…

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The finalists for the 2020 MEST Africa Challenge, representing the best tech software startups in Côte d’Ivoire, Ethiopia, Ghana, Kenya, Nigeria, Rwanda, Sénégal, South Africa, and Tanzania have been released with 83 companies making the shortlist. Finalists were chosen after a three-month-long search for Africa’s emerging tech entrepreneurs from nine emerging…

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Netflix, the internet streaming giant has announced its partnership with EbonyLife TV, to create two original television series and several other branded films. Netflix announced this in a statement released on Netflix official twitter handle. Dorothy Ghettuba, Netflix’s Lead for Original Series in Africa, said the partnership with EbonyLife and its…

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PayPal Holdings, Inc. today announced a $530 million commitment to support Black and minority-owned businesses and communities in the U.S., especially those hardest hit by the pandemic, to help address economic inequality. As part of its investment, the company is bolstering its internal programs to further increase diversity, equity, and inclusion within the…

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