Author name: Black4Tech

Xbox Launches “Project Amplify” to Support Black Youth Interested in Gaming Industry Careers

Q Muhaimin and James Lewis, Co-Leads, Black Communities at Xbox A recent survey from HBCU Connect, commissioned by Microsoft, determined that out of 200 respondents, approximately 95% of college students and alumni from HBCUs across the country shared that they have interest in a career in the gaming industry, with 34% of respondents stating that they were …

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Nigeria-Born Tope Awotona Poured His Life Savings Into Calendly. Now He’s One Of America’s Wealthiest Immigrants

Tope Awotona, the 40-year-old founder and chief executive of Calendly, leans back in his chair and lets loose a loud guffaw. “You call it on message, I call it the truth,” he says, slapping his hands on the table. The truth, as Awotona has it, is that everyone needs Calendly, his scheduling software, to lead better, …

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Michael Jordan and Son Jeffrey Launch Heir Inc, an NFT Platform Geared to Athletes

Michael Jordan and his son Jeffrey Jordan are looking to expand upon the Basketball Hall of Famer’s legacy by entering the NFT space and next-generation entertainment with their newest venture, Variety reports. Heir Inc, a new holding company created by the Jordans, plans “to build a consumer-facing community platform for athletes to connect with fans—as well as other lines of …

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A founder who’s been pivotal to the Nigerian startup scene will sell her company for $320 million

Equinix, a California-based provider of internet and data center services, announced today (Dec. 7) that it will buy MainOne, the first private company to land a submarine cable company in West Africa, in a $320 million deal that highlights Africa’s growing internet-driven economy. Based in Nigeria, MainOne started laying its 7,000 km fiber optic cable network that …

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Rwanda Coding Academy signs deal with Samsung

Tech giant Samsung Electronics recently announced a partnership with Rwanda Coding Academy that will, among others, pave the way for the exchange of the latest technologies to improve the quality of skills delivered at the campus. The partnership followed last week’s visit by the Samsung officials to the northern province-based campus. “We are really excited …

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Do white founders in Africa have an easier time getting capital?

The topic of inequity in funding local startup founders in Africa is a recurring one in the continent. Even as investor interest in the continent strengthens and funding for African startups increases, the reality is that most of it goes to startups led by white people. A longstanding view is that it’s easier for them to …

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Seven African start-ups shaking up the global tech ecosystem

Young African start-ups are making headway in cutting-edge sectors and catching the eye of leading organizations, including the World Economic Forum. There are no mistaking certain signals, even if they are weak ones, like the recent nod from the Israeli research center StartupBlink to Africa’s growing prominence in the global start-up ecosystem. Providing research and …

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Africa’s booming fintech scene has Jeff Bezos back for more

Fintech remains the most funded sector in Africa’s startup ecosystem. Chipper Cash, a cross-border, peer-to-peer payment service, further substantiated this with yet another huge investment. The fintech startup, which was founded by Ugandan Ham Serunjogi and Ghanaian Maijid Moujaled in 2018, closed a $100 million Series C round this week which it will use to introduce …

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Silicon Valley Is Now Paying Attention To East Africa’s Motorbike Taxis

The biggest ever investment for an e-mobility startup in Sub-Saharan African has been made. San Francisco-based Ecosystem Integrity Fund (EIF) just pumped USD 3.5 Mn into Ampersand—a Rwandan startup among the leaders in the region’s motorbike taxi market and Africa’s first electric motorcycle company. “This investment shows that e-mobility in 2021 is just as much about motorbike …

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AkonNFT

Akon Launches AkoinNFT to Empower Artists

The Akoin team, responsible for the digital asset platform and cryptocurrency AKN, created by music artist and philanthropist Akon, has partnered with Taqo.io to create AkoinNFT. Launching today, AkoinNFT will be a full-service creation, design, minting, and distribution platform for providing artists around the world the full power of NFTs. According to Akon, the idea behind the …

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