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The tech industry is increasingly supporting more and more innovative Africa-based startups. Techstars Seattle — a local accelerator a part of Techstars’ worldwide network — is now among the bunch giving these companies a push in the right direction. Back in January, Techstars Seatlle announced its 2021 class of companies joining its programming — including for the first time ever a Zimbabwean startup called AfriBlocks, TechCrunch reports. AfriBlocks is a global pan-african freelance collaboration platform that helps vet African freelance professionals. The startup was founded by entrepreneurs Tongayi Choto and Roger Roman in July of last year in an effort to address the high unemployment rate that plagues many African countries today. “It can be very hard to find African freelancers,” CEO Choto told TechCrunch. “If a customer is lucky enough to get past those hurdles and find a freelancer to work with, they often don’t have the proper collaboration tools to complete the project in...
Medical researchers and health officials are working hard to find a vast solution to calm the COVID-19 pandemic. As opposed to traditional medical resolutions and vaccines people are expecting to be developed, South African country, Zimbabwe, is proposing to pivot toward herbal treatments to end the deadly virus. The government of Zimbabwe has authorized herbalists to treat coronavirus patients, however, medical experts still encourage them to stick to WHO guidelines. In recent years, their traditional treatments and herbal remedies have garnered more attention from researchers in science, as reported by Face2Face Africa . On Monday, Zimbabwe’s Ministry of Health delivered a letter to the head of the country’s main COVID-19 treatment center, urging them to reconsider using an herbalist to treat patients. According to a VOA report , this herbalist may have a cure for the virus. Tribert Chishanyu, the president of Zimbabwe Traditional Practitioners Association, is happy that the...
Black wealth, especially at the billionaire level, remains a statistical anomaly in global finance. But in 2025, that narrative continues to shift — if only incrementally. According to Forbes, out of 3,028 billionaires worldwide, only 23 are Black, representing less than 1% of the list. Despite this underrepresentation, these 23 individuals collectively hold an impressive $96.2 billion in wealth. The figures tell one story. The names behind them tell another story — one of legacy, innovation, cultural power, and long-game strategy. This year, two notable newcomers joined the global roster of Black billionaires: Sheila Johnson, the media and hospitality powerhouse, and Herriot Tabuteau, a biotech founder with a focus on brain health. Both represent not only financial achievement but industry-specific influence in spaces where Black leadership is often overlooked or underestimated. Who’s New To The 2025 Black Billionaires List? Sheila Johnson, widely known as the co-founder of Black...
While she’s only in her twenties, this Zimbabwean scholar isn’t letting it stop her from making historic wins. Meet Africa's youngest female PhD graduate. Dr Musawenkosi “Musa” Saurombe receives PhD in Industrial Psychology in SA. She's only 23! 🙌🏾🎓❤️ pic.twitter.com/yjwe6bYq7q — Ulrich Janse van Vuuren (@UlrichJvV) August 31, 2017
One mission Google has is to invest in initiatives that aid digital transformation, and their latest funding will go toward the continent of Africa. During its very first “Google for Africa” on Oct. 6, CEO Sundar Pichai announced that the company will invest $1 billion over the next five years in tech-led initiatives in Africa, according to TechCrunch. “We’ve made huge strides together over the past decade — but there’s more work to do to make the internet accessible, affordable and useful for every African,” Pichai said during the virtual event. “Today I’m excited to reaffirm our commitment to the continent through an investment of $1 billion over five years to support Africa’s digital transformation to cover a range of initiatives from improved connectivity to investment in startups.” The $1 billion investment will go toward “landing a subsea cable into the continent to enable faster internet speeds, low-interest loans for small businesses, equity investments into African...
When the Relief app announced that it had received $2 million in seed funding via a press release, people beleaguered with the burden of credit card debt breathed a sigh of relief. Led by Collaborative Ventures with participation from such prestigious investors as Brand Foundry Ventures, Interplay Ventures, Necessary Ventures, and The Fund, as well as backing from notable angel investors including Twitch founder Justin Kan, Elliot Tebele, and Ben Kaplan of Jerry Media, the Relief app is poised to usher in a new era of debt, well, relief . For co-founder Jason Saltzman, however, the focus is not necessarily on the debt relief itself, but on creating a holistic environment that benefits all users. “I consider myself a social impact entrepreneur who is deeply motivated to help as many people as I can,” he told AfroTech. “I am an adjunct professor at FIU in Miami where I also sit on the foundational board of directors as the Vice-Chair of Enterprise Growth. My latest venture, Relief, is...
While the name Strive Masiyiwa may not ring immediate bells, he’s one of the best-known men on the African continent. The London-based Zimbabwean billionaire, who is the founder of Econet Global, has been making headlines all over the world as a so-called “coronavirus envoy.” He’s been holding local and regional governments to account for their failure to produce the life-saving vaccines, and he’s been dragging Covax — created by the World Health Organization to deliver the COVID-19 vaccines to so-called “developing countries” — by its collective neck for their continued failure to deliver on their promises. Let’s break down everything we know about this businessman and philanthropist, and get a better understanding of why his work is so vital. Strive Masiyiwa Net Worth 2021: A Full Breakdown Considered one of the richest men in Africa, and Britain’s first Black billionaire, Strive Masiyiwa has a net worth of $1.6 billion USD, according to Forbes Magazine. Most of his assets come...
This Senegalese woman knows what it takes to be a success. She’s so successful, in fact, that she runs the biggest poultry production company in Africa. Face2Face Africa features the story of Anta Babacar Ngom, who inherited Sedima from her father, Babacar, when he retired from work. Sedima is Senegal’s biggest poultry producer, and it is, in fact, one of the largest poultry producers on the continent. Ngom oversees the company’s production, distribution, and development. According to her LinkedIn page, Ngom is also the General Director of KFC Senegal, where she has been for three years. But the Senegalese woman isn’t just about the chicken. In fact, under her tutelage, Sedima actually diversified its portfolio. In 2014, Ngom oversaw the company’s expansion into flour mills. Two years later, Ngom oversaw the company’s expansion into two new factories. Both expansions required an investment of nearly $30 million, which Ngom was able to secure without a problem. According to Face2Face...
Ghana has just announced that it’s launching a new digital currency called the e-cedi. But this isn’t like your typical cryptocurrency — this is actually something quite different. According to Dr. Ernest Addison, the governor of the country’s central bank, the new proposed digital currency will go into effect after three pilot stages confirm it to be a positive thing to introduce into the local economy. “The Bank of Ghana was one of the first African Central Banks to declare that we were working on a digital currency looking at the concept of an e-cedi,” Dr. Addison said at a news conference in Accra. Currently, the e-cedi has completed the first phase of the process where the design has been made and finalized by a centralized committee. Right now, the digital currency is in a limited implementation phase, meaning that some online transactions will accept the digital currency if it’s applied to the payment. Dr. Addision said that the Central Bank of Ghana will then determine,...
Zimbabwean native and London-based businessman Strive Masiyiwa has officially been named Britain’s first Black billionaire to make the rich list. However, he has some more pressing work he’s focusing on back in his home country. According to the Sunday Times, Masiyiwa is making efforts to resolve the world’s current health crisis by finding enough COVID-19 vaccines to serve all of Africa’s 1.3 billion-strong population. So far, Masiyiwa — the African Union’s special envoy on the pandemic –has managed to sign a deal with Johnson & Johnson for 400 million vaccine doses. As one of Africa’s most generous humanitarians, the billionaire businessman is doing all he can to help his people. Prior to growing his wealth in London, Masiyiwa was living in Rhodesia — now modern day Zimbabwe — with his parents before fleeing the country at age seven to escape the nation’s political unrest after Ian Smith’s government declared independence from Britain, Daily Mail reports. Following this, he and...
From media and entertainment to private equity and investments, Black billionaires are proof that despite the odds we can achieve true financial freedom. This year, Forbes released its 2021 Billionaires list with a record-breaking number of 2,755 billionaires making the cut — a jump of 660 from its list published one year ago. Even across age, geographic locations, industries and race, today’s incredible Black businessmen and women are still showing that it’s possible to overcome obstacles and join one of the most esteemed populations in the world. Of the many billionaires on the list, here are the world’s Black billionaires in 2021 who represent amongst the richest group worldwide. Jay-Z – $1.4 Billion Jay-Z broke the glass ceiling for Hip Hop as the culture’s first billionaire, but his fortune continues to grow on account of his many business endeavors. As AfroTech previously reported, much of his wealth stems from sales from Roc Nation, Armand de Brignac, his D’Usse cognac, music...
This week, Google announced plans to continue its accelerator program for African startups as well as launch 40,000 new developer scholarships for those spread across mobile and cloud development tracks in the continent. The new slate of scholarships — created in partnership with tech talent companies Pluralsight and Andela — will be granted to both beginner and intermediate developers who reside in Africa. At the end of Google’s training, it will then award 1,000 full scholarships to the top students, certifying them in either Android or Cloud development. According to an announcement from Google, the ongoing accelerator program will be opening up applications in 17 African countries — including Egypt, Ethiopia, Ghana, Kenya, Nigeria, Senegal, South Africa, Tanzania, Tunisia, Uganda and Zimbabwe — for its sixth class in an effort to both recognize Africa’s exceptional digital talent and provide critical support to startups. “Last year, due to the COVID-19 pandemic, the first...