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California heat wave: Millions of residents are urged to set thermostats to 78 degrees to conserve electricity today
The California Independent System Operator — which manages 80% of the state’s grid — extended what is known as a Flex Alert, urging residents to curtail electricity use between the hours of 4 p.m. and 9 p.m. through at least Thursday. The operator also suggested residents pre-cool their homes at 72
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Source: Homepage news - The Black Chronicle
Egypt-born Swvl lays off a third of its staff, two months after going public | TechCabal
In addition, Swvl has taken other measures such as the voluntary salary deductions from the top management team; reduction of current office spaces; freezing its current hiring program, as well as travel and accommodation expenses.
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Source: TechCabal | Leading Africa’s Tech Conversation
Op-Ed: California's batteries kept lights on during heat wave
California just stared down its most extreme September heat event in history and survived better than expected — thanks in part to a new system of huge, grid-connected batteries. The severity and duration of this latest climate-driven heat tested the state’s electricity grid like never
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Source: Homepage news - The Black Chronicle
Compton mayor launches country's largest guaranteed income program - DefenderNetwork.com
As many throughout the country are still struggling financially due to the massive impact of the COVID-19 pandemic, Compton Mayor Aja Brown is helping out the residents in her city in a major way. 'People in our community are going through tough times, and I know that guaranteed income could give
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Source: Houston Defender Network - Houston's Leading Black Community News & Information Source
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Ismael Belkhayat on his way to building Morocco's first unicorn
Ismael Belkhayat quit his strategy consulting job at BCG eight years ago to become a tech entrepreneur. He has since exited two startups and his new startup is now valued at $100m.
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Source: TechCabal | Leading Africa’s Tech Conversation
👨🏿‍🚀 TechCabal Daily - Lagos suspends tech hub audits | TechCabal
The Lagos State Safety Commission has suspended its planned safety audits of tech hubs and co-working spaces in the state. The Commission also clarified that the annual ₦150,000 ($347) safety audit fees are not revenue-generating fees. More in #TCDaily.
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Source: TechCabal | Leading Africa’s Tech Conversation
COVID infections hit 5,600 a day in Florida. But is it a new wave? news -The Black Chronicle COVID, DAY, Florida, florida news, florida news update, Hit, infections, maimi news, wave
COVID-19 infections continue to rise, but experts aren’t ready to declare a new pandemic wave in Florida. The state averaged more than 5,600 cases of COVID-19 a day from May 7 through Friday, according to data from the Centers for Disease Control and Prevention. That’s up 20 percent from the week
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Source: Homepage news - The Black Chronicle
Nigeria-based CredPal gets $15m to expand its buy now pay later business | TechCabal
With the new funding, the startup plans to extend partnerships with merchants through its new CredPal Pay and fund an expansion across Africa, starting with Kenya, Egypt, Ghana, and Cameroon.
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Source: TechCabal | Leading Africa’s Tech Conversation
Sudan’s first YC-backed founders want to build more than startups | TechCabal
Though, it’s still early days for Bloom, and it's uncertain how the plan to help Sudanese startups go to YC en masse will play out, but one thing is clear: the next Sudanese startup to go to YC is less likely to be grilled for 20 minutes.
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Source: TechCabal | Leading Africa’s Tech Conversation
Amidst global investment winter, Microtraction announces $15 million fund
Investment in Africa is boldly defying the global investment winter. Among those currently betting on Africa is Microtraction, an early-stage pan-African VC firm, which has announced a $15 million first close of a community fund
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Source: TechCabal | Leading Africa’s Tech Conversation
TechCabal Daily - 2 reasons why | TechCabal
Read today's edition of #TCDaily: - Why Binance blocked 200 + Nigerian accounts - The 5 Kenyan startups in NINJA's accelerator - Bamboo raises $15 million - UK’s proposed law may evoke privacy issues - Tech probe - Opportunities
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Source: TechCabal | Leading Africa’s Tech Conversation
What YCombinator’s new $500,000 deal means for African startups | TechCabal
“It’s so straightforward, YC is saying that whenever you raise your next round, whatever best terms you get, they’ll match that as the terms for giving you the $375,000,” Zacharias George, Managing Partner at Launch Africa Ventures.
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Source: TechCabal | Leading Africa’s Tech Conversation
Tropical wave expected to approach Caribbean this week
A tropical wave that is expected to approach the Caribbean this week could become a tropical depression in the next few days, National Hurricane Center said Tuesday. Experts said the tropical wave has become better organized as it continues to head west-northwest across the Atlantic. It expected to
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Source: Homepage news - The Black Chronicle
Excessive California heat wave may be the hottest and longest of year
VENTURA, Calif. — An excessive, prolonged heat wave will further parch large swaths of California in the longest and hottest heat wave of the year, according to forecasters at the National Weather Service. Beginning Wednesday, the weather service predicts triple-digit temperatures will create
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Source: Homepage news - The Black Chronicle
How Wave's radical business model is surviving the economic downturn
The francophone unicorn has already paused its expansion effort to center its focus on Senegal and Cote d'Ivoire and downsized its talent pool by 15%. Here's how Wave is navigating the economic downturn with its low fees/free biz model.
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Source: TechCabal | Leading Africa’s Tech Conversation
Fires rage, power grid tested by Southern California heat wave
A monster came to life in the rolling hills of northwestern Los Angeles County, belching smoke and flames amid triple-digit heat that has forced officials to call for voluntary energy conservation across California in hopes of preventing rolling blackouts. In less than 24 hours, the Route fire
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Source: Homepage news - The Black Chronicle
Tiger Global and Greycroft lead $15m Series A round in Nigeria’s Bamboo
Bamboo claims to have over 300,000 accounts in Nigeria and more than 50,000 Ghanaian users on its waitlist. With the new $15 million Series A funding, the company wants to unlock new markets and launch more products.
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Source: TechCabal | Leading Africa’s Tech Conversation
👨🏿‍🚀TechCabal Daily - Swvl lays off 400 employees | TechCabal
Egypt-born ride-hailing company Swvl is laying off 32% of its entire workforce. The company is also reducing its overhead costs and taking voluntary salary deductions from top management. Read more in #TCDaily.
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Source: TechCabal | Leading Africa’s Tech Conversation
Historic wave of Cuban migrants to have lasting impact on Florida
MIAMI, Fla. — Over the past several months, Máximo A. has been working the phones and talking to people he knows to help seven relatives who recently came from Cuba find work in a new city and country. They all took the most popular route since Cuba’s ally Nicaragua removed visa requirements for
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Source: Homepage news - The Black Chronicle
How Ire Aderinokun is helping to shape Helicarrier's culture | TechCabal
Helicarrier does a few unconventional things. The company pays salaries in crypto, pays lunch and internet subscriptions, and also offers new employees one-month trial periods. Here's how these actions help the crypto startup build a healthy culture.
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Source: TechCabal | Leading Africa’s Tech Conversation
Ugandan fintech, Numida, raises $12.3 million pre-Series A | TechCabal
In Uganda, YC-backed Numida has provided more than $20 million in unsecured working capital to 27,000 micro and small businesses. Founded by Mina Shahid, Catherine Denis, and Ben Best in 2017, the startup has raised $12.3 million in an equity and debt funding round to consolidate its presence in
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Source: TechCabal | Leading Africa’s Tech Conversation
Texas’ grid holds up amid a brutal heat wave and record demand. But at what price? news -The Black Chronicle brutal, Demand, Grid, Heat, holds, Price, Record, Texas, texas news, texas news update, wave
After a 2021 winter storm shut down much of the Texas grid and killed at least 246, there was a reckoning in Austin. For two decades, the state had been creating cheap, abundant electricity, and then lawmakers decided to pivot and put reliability first. They installed new regulators, who have
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Source: Homepage news - The Black Chronicle
Southern California turning the corner on latest COVID wave – Orange County Register
An unusually long coronavirus surge appears to have peaked in Southern California, with new cases and hospitalization numbers finally starting to decline. On Wednesday, July 20, there were 2,154 people with confirmed COVID-19 cases in the hospital in Los Angeles, Orange, Riverside and San
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Source: Homepage news - The Black Chronicle
Powerful Hurricane Fiona heads to Bermuda, Gulf Coast watches wave to the south
TAMPA, Fla. (WFLA) — As two named storms swirl around in the Atlantic, forecasters are tracking three more systems, including a wave that could become a tropical depression and reach the Gulf of Mexico soon. After wreaking havoc across the Caribbean, Fiona, the first major hurricane of the
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Source: Homepage news - The Black Chronicle
California opens cooling centers for heat wave vulnerable
People make their way out of the heat into a cooling center at the Lafayette Recreation Center in Los Angeles, California, on September 2, 2022. Photo: AFP LOS ANGELES: It is too hot in Nelly Amaya’s place when the mercury surges into triple digits, driven by the punishing heat wave gripping the
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Source: Homepage news - The Black Chronicle
Oklahoma heat wave can cause home damage
OKLAHOMA CITY (KFOR) – With Oklahoma’s forecast in the triple digits this week, home foundation and air conditioning experts want you to side-step a repair bill while trying to keep cool. Claude Drabek, of Drabek and Hill Air Conditioning and Heating, said he has seen dangerous DIY hacks on the
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Source: Homepage news - The Black Chronicle
Y Combinator selects 5 African startups for its S22 batch
Out of 146 applications from around the globe, 5 African startups have been accepted into Y Combinator’s Summer 2022 (YC S22) batch.
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Source: TechCabal | Leading Africa’s Tech Conversation
TechCabal Daily - DiDi bids SA farewell | TechCabal
One year after touching down in South Africa, DiDi—the China-based e-hailing company—has halted its operation in the country. Find out why in today's edition of #TCDaily
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Source: TechCabal | Leading Africa’s Tech Conversation
Unrelenting September heat wave grips California and western United States
OAKLAND, Calif. — California and the western United States are immersed in a historically severe September heat wave that is predicted to intensify early this week. The record-breaking temperatures are stressing power grids, fueling fires and endangering health. The prolonged heat wave began on
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Source: Homepage news - The Black Chronicle
Colorado players in transfer portal: Wave of Buffaloes exploring exit after Deion Sanders' spring game debut news
Getty Images Wide receiver Montana Lemonious-Craig from Colorado is one of six players who've entered the transfer portal for the reason that Buffaloes spring game on Saturday. The announcement
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Source: The Black Chronicle
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