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On Wednesday, Dec. 4, President Joe Biden announced $600 million in new funding to support the Lobito Trans-Africa Corridor’s rail infrastructure. The Lobito Trans-Africa Corridor is a series of railway networks connecting the Central African Copperbelt to the Angolan port of Lobito. Known as the Benguela Railway , the rail line is essential for transporting goods to global markets. According to the White House, the investment will support key sectors in the region, including agriculture, clean energy, transportation and logistics, supply chains, as well as health and digital access. “The United States understands how we invest in Africa is just as important as how much we invest in Africa,” Biden said, as Bloomberg reported . “To help Africa lead the way. We need more capital and more infrastructure to deal with these real solutions. That’s why we’re here today.” The U.S. has invested $2.9 billion in Angola’s energy, infrastructure, and telecommunications sectors. Earlier this...
For the past three years, the labor market has been drastically changing. According to Crunchbase News, over 151,054 workers at tech companies in the U.S. have been laid off in 2023 so far. In the midst of the mass layoffs, AfroTech is playing its role in supporting the community. As previously reported, AfroTech’s first-ever SaaS platform, Talent Infusion, launched in April 2023. Talent Infusion features tools such as AfroTech’s Resume Book that gives direct access to a growing group of diverse talent. To learn more about Talent Infusion, click here.
A full-circle moment was recently sparked between Barack Obama and a high school graduate, who is a part of White House history. Remember the young Black boy who touched Obama’s head in the Oval Office? Well, his name is Jacob Philadelphia, and the former president shared via Instagram that the two reconnected virtually ahead of his high school graduation.
Supporting Historically Black Colleges and Universities (HBCUs) appears to be a unified effort. Joe Biden is set to appoint “qualified and diverse” leaders in education, sports, and more to the President’s Board of Advisors on Historically Black Colleges and Universities. The responsibilities of the board members will be to “increase the capacity of HBCUs to provide the highest-quality education to its students and continue serving as engines of opportunity,” according to the press release from the White House. Actress Taraji P. Henson and NBA All-Star Chris Paul are expected to be on the board. They will be joined by Makola M. Abdullah, Javaune Adams-Gaston, Paige Blake, Thasunda Brown Duckett, Willie A. Deese, Patrick Cokley, Monica Goldson, William F. L. Moses, and more. The new additions come after President Biden named Dr. Tony Allen as chair and Dr. Glenda Glover as Vice Chair of the President’s Board of Advisors on HBCUs in 2021. Dr. Dietra Trent was also named executive...
Science, and facts, have returned to the White House — and not a moment too soon. Award-winning researcher Dr. Alondra Nelson was appointed one of the key members of President Biden’s science team, according to the Institute for Advanced Study. Dr. Nelson joins other luminaries like Narda Jones and Dr. Frances H. Arnold on the seven-person team. “Science, at its core, is a social phenomenon. It’s a reflection of people, our relationships, and our institutions. There is an incredible window of opportunity ahead of us to approach our science and technology policy in ways that are accountable, inclusive, and trustworthy,” Dr. Nelson said in a statement. “I am honored to be entrusted with this important role in public service at this critical time in this nation’s history.” As part of the Office of Science and Technology Policy (OSTP) — as Biden’s “science team” is officially called — Dr. Nelson will be tasked with the responsibility of delivering “accurate, relevant, and timely...
It’s been over four years since former President Barack Obama was in office. During his term he earned the standard $400,000 salary that Business Insider reports every commander-in-chief receives. The business endeavors he made after leaving office, however, were a large contribution to his now $70 million net worth, according to International Business Times. Before Obama took office, he made about $165,000 a year as a senator of Illinois, according to NBC News. During that time he published several books and took off as an author, profiting over $500,000 from author fees in 2006 alone. Years before running for president, his combined income with his wife Michelle Obama, who at the time worked at the University of Chicago Medical Center, was $1.6 million. While in office, a president has a $50,000 annual expense account, $100,000 nontaxable travel account, and $19,000 for entertainment, in addition to their $400,000 salary, according to Business Insider . The former president now...