Fujn has a community of over 100,000 women from diverse backgrounds, educational levels, specialties, and expertise
SOUSSE, Tunisia, May 25, 2023/APO Group/ —
Fujn might be one of the few tech startups, if not the only startup, exhibiting at GITEX AFRICA 2023 (https://GITEXAfrica.com/) with 10 women coming from 6 countries and 4 continents. It is a privilege for us to be representing women in a significant way and in a historic technology event inaugurated for the first time in the African continent. Fujn is headquartered in Boston, USA. It is a tech startup designed by women, built by women, developed by women, executed by women, and funded (bootstrapped) by women, for women’s future of work. Fujn is founded in 2022, operates with a team of 20 women across 10 countries. Our upskilling platform has 5,000 women actively learners. Our community has 100,000 women living in 22 countries. So far, the most traction we have received, is in Africa and Southeast Asia. We have launched 6 services as of today and have 10 additional services to follow. We are fusing upskilling, work, and life of women, seamlessly. Hence, the word Fujn, which stands for fusion.
When we had the idea, a few years ago, to tackle the future of work of women, generative AI was not yet in the public spotlight. However, we knew then that the digital adoption has only one expected trajectory, which is becoming mainstream, across the globe. At that moment, we understood that the AI genie was out of the bottle, and no one could stop it. We can only manage it, be innovative about it, and implement sensible guardrails for the good of humans. We only knew that we must work harder and smarter to direct this zeitgeist to a positive outcome. The mission we have chosen is to help women thrive, with or without AI.
Fujn is honored to be taking on the role of representing women in a prominent technology conference, such as GITEX AFRICA 2023. Technology has become the brain of all economies. And women represent 50% of the markets within these economies. We believe representation is a sign of civilization advancement. We are convinced that representation is the logical illustration of human rights and democracy. We pursue this mission of representing women in technology in a material way. By material, we mean to represent women in the GITEX AFRICA 2023 event as tech founders, tech architects, tech investors, tech strategists, and tech enthusiasts. We are traveling to Africa to tell our story. More importantly, we would like to inspire many more stories, even better than ours, to come. Our big picture is anchored on the belief that digitalization is women’s historic chance to achieve gender equity if they pursue it. Digital brings:
Learning, upskilling, knowledge, and know-how to their homes
Remote and flexible jobs, freelance, gigs, entrepreneurship to their homes
Global mentors, career counselors, and experts’ guidance to their homes
Role models in one big global ecosystem that will inspire them how to start and execute
Funding, if the idea is solid and the business plan is convincing
Gender equity, if enacted well, is estimated to boost Africa’s economy with an additional 1 trillion dollars and the Moroccan economy with an incremental $150 billion, by the year 2025.
For Company Recruiters:
At Fujn, we are working and hoping to build both a culture and a community of women who are self-aware but selfless, ambitious but balanced, expert but well-rounded in knowledge. We are working to inspire women to strive for a high IQ, but also for a high EQ. And now we are also aware of a thing called AQ, which stands for Adaptability Quotient. This word emerges with the shift happening in the future of work, accelerated with generative AI. AQ means workers must quickly adapt or inevitably become irrelevant. Fujn has a community of over 100,000 women from diverse backgrounds, educational levels, specialties, and expertise. Fujnistas, as we address our users, are doctors, architects, attorneys, scientists, psychologists, sociologists, creatives, artists, and engineers… Our community is growing fast, and we are offering recruiters access to a large pool of women talent with a high self-drive and a growth mindset that would advance any organization. Recruiters get many benefits from hiring women. They get the talent they require and the diversity they need. They get a workforce that represents 50% of their market who starts thinking with them, designing products with the right market fit for women, articulating messages that resonate with women, and setting HR policies that suit the non-linear lives of women thereby ensuring productivity, sustainable diversity, and the company’s long-term performance.
For Investors:
When we talk about a tech startup working on gender equity, it is helpful to give the context of this business. Typically, investors do not pay enough attention to understand how investing in startups like ours has a double benefit: the potential for a high IRR and ROI plus the positive social impact as an ESG business. Below are some data for Investors’ thoughts:
As of March 2023, the Biden Administration has proposed the largest-ever US investment in gender equality programs, with US$3.1 billion for gender programs in FY2024. This budget proposal furthers the US administration’s aim to secure gender as a cross-cutting priority on both the domestic and global front.
Assets in U.S. gender equity funds have doubled over the trailing three years to $1.3 billion, as of the end of February 2023, Morningstar found. Yet those funds represent less than 0.01% of total equity fund assets in the US.
The total ODA disbursements related to gender equality amounted to $30 billion, with Germany, the EU, the US, the UK, and Canada as the top 5 donors.
According to the UN, more than 100 countries have taken action to track budget allocations for gender equality.
We are working and hoping to build both a culture and a community of women who are self-aware but selfless, ambitious but balanced, expert but well-rounded in knowledge
We are a week away from the conference and are pleased to have piqued the attention of 15 investors who either invited us to meet or confirmed our request to meet them. The Fujn team cannot wait to tell these investors how we are executing our vision to build an insanely cool platform for an insanely cool mission of “enabling women to become economically independent skilled leaders.”
Human-Machine Equity (HME):
The time published on May 16, 2023: “Sam Altman, whose company is on the extreme forefront of generative AI technology with its ChatGPT tool, testified in front of the Senate Judiciary Committee and echoed his previous assertion that lawmakers should create parameters for AI creators to avoid causing “significant harm to the world.”
AI presents significant benefits but also momentous risks associated with many facets of the future: bias, democracy, security, wealth and power distribution, surveillance, freedoms….etc. However, the risk of jobs loss is the most obvious and imminent one:
Goldman Sachs Predicts 300 million jobs will be lost or degraded by AI
Oliver Wyman says 50 million Chinese workers must be retrained by 2030, as a result of AI-related deployment.
The U.S. will be required to retool 11.5 million people with the skills needed to survive in the workforce.
Wells Fargo says robots would eliminate 200,000 jobs in the banking industry in the next 10 years.
Well-trained doctors could be pushed aside by sophisticated robots that could perform delicate surgeries more precisely and read X-rays more accurately to detect cancerous cells than the human eye.
This leads us to think: Women have requested, for a very long time, gender equity, because women’s lives are not the same as men’s. Hence, giving men and women the same treatment at work has been NOT equitable. Life’s mysteries are now calling us to advocate for EQUITY between men and women as humans versus intelligent machines. Here is why:
Machines do NOT need to sleep and work 24/7
Machines do NOT a vacation, fall sick, take sick leave, or need a social life
Machines learn in weeks what humans learn in decades
Machines do NOT demand a salary and benefits
Machines do NOT require a corporate contribution to their retirement account
Machines do NOT join unions
Machines do NOT retire at their own discretion
Regulators, corporate leaders, legislators, activists, economists, and humanists, all have the duty to advocate for human-machine equity (HME) before it is too late. Fujn will continue to advocate for both, gender equity and Human-Machine equity (HME).
Strategic Partnerships:
We are now working to explain how we want to cooperate with African governments to include women in the next wave of opportunities created by technology, and how to leverage technology to include women, in the economic fabric of societies. When we say include, we mean to include women in a structural way, not as an afterthought. We mean in all sectors, in all occupations, and in all levels of responsibilities starting from the top, not the bottom. We mean to include women in the design stage of everything, technology, legislation, policies, and strategies. We have high anticipation to explore partnership opportunities with participating inter-governmental agencies from Korea, Abu Dhabi, and Japan. We respect the work that the teams at Mastercard and OCP Group are doing in the areas of upskilling and women. It will be our privilege to join forces with them to transform the lives of some women for the better.
We are happy to share that Khadija Khartit, Fujn’s founder, will be speaking on behalf of Fujn team on the stage of GITEX AFRICA 2023 about two topics:
Panel 1-The Importance of Equality, Inclusion, and Diversity in Tech:
On this topic, She will be share her thoughts on the inclusion of women, immigrants, and minorities. She would like to raise awareness about the inclusion of the neurodiverse and the disabled as the mother of an autistic child and an advocate for special needs individuals. She also wants to raise awareness about the benefits of diverse expertise in tech design: humanities, art, law, social sciences, behavioral sciences, regulation, public administration….and more, in addition to hard science and tech expertise. Tech design done by cross-functional teams who consider eventual unintended consequences is a MUST with AI to avoid major harm to humans.
Panel 2- Building Technical Growth Communities for Women in Tech:
This topic is core to Fujn as our main mission is to help women “be in the know” about technology and to train them on how to leverage it to build minds, hearts, wallets, and better lives. We see technology as a magic tool for women to reimagine their possibilities. When the word technical is mentioned, some women get intimidated when they should not. Women can be senior directors in tech startups without knowing how to code, but it is a plus, if women code. Mrs. Khartit is hoping to inspire women to get curious, to immerse themselves in tech, its landscape, players, and lingo because, after that, their horizons will inevitably expand.
Distributed by APO Group on behalf of GITEX Africa.
According to Interpol’s 2024 Global Financial Fraud Assessment, business email compromise, romance baiting, phishing, and other online frauds pose growing threats to Africa’s digitalized economy
ABIDJAN, Ivory Coast, February 21, 2025/APO Group/ –The African Development Bank Group (www.AfDB.org) has taken a significant step forward in its fight against corruption and financial crime by signing a Letter of Intent with the International Criminal Police Organization (Interpol) today. The Bank Group is the first multilateral development bank to establish such a collaboration with Interpol.
The Letter of Intent was signed on Wednesday by African Development Bank Group President Dr. Akinwumi Adesina and Interpol Secretary General Valdecy Urquiza, who visited the Bank’s headquarters in Abidjan.
The partnership will enhance collaboration between the Bank’s Office of Integrity and Anti-Corruption (https://apo-opa.co/3QrB4ku) and Interpol’s Financial Crime and Anti-Corruption Centre. It will focus on sharing expertise, enhancing investigative capabilities, and developing preventive measures against emerging financial crime threats, including cybercrime, anti-corruption measures, and counter-terrorism financing.
This initiative comes as Africa faces significant challenges of illicit financial flows, estimated at nearly $90 billion annually—a loss of resources that could otherwise be invested in critical development needs including water, sanitation, health, food, and energy infrastructure.
As an institution that deploys approximately $10 billion annually in development financing, with the majority going to government projects, the African Development Bank Group brings crucial insight into regional financial flows and development challenges, Adesina said.
Corruption and financial crime are among the biggest obstacles to economic and social development in Africa and around the world
“This partnership demonstrates our commitment to protecting development resources and ensuring they reach their intended beneficiaries,” said Adesina. “As the world’s most transparent financial institution for two consecutive editions (https://apo-opa.co/41o3TVt) [according to Publish What You Fund’s assessment of sovereign portfolios], we maintain zero tolerance for corruption and terrorism financing. By joining forces with Interpol, we are strengthening our capacity to help African countries build robust systems against money laundering and financial crime.”
Rapid advancements in digital technology have also led to an increase in internet-enabled financial crimes. According to Interpol’s 2024 Global Financial Fraud Assessment, business email compromise, romance baiting, phishing, and other online frauds pose growing threats to Africa’s digitalized economy.
Secretary General Urquiza, who was elected to his position in November 2024, said, “Corruption and financial crime are among the biggest obstacles to economic and social development in Africa and around the world. The evolving nature of financial crime, particularly in the digital environment, requires strong partnerships between law enforcement and financial institutions. Interpol’s closer relationship with the African Development Bank Group will help law enforcement agencies and financial institutions across Africa tackle increasingly sophisticated financial crime threats.”
Adesina said the Bank will continue to tackle these challenges by:
Building capacity and supporting African countries in strengthening transparent and accountable governance and strong institutions capable of driving inclusive and sustainable growth and resilient economies.
Strengthening Know Your Customer and Due Diligence systems to prevent and to fight fraud and corruption.
Ensure that the Bank’s resources are used for their intended purposes in a transparent and accountable manner, a practice that has led to the Bank being recognized for two consecutive editions as the most transparent multilateral development bank in the world by Publish What You Fund.
The high-level Interpol delegation that accompanied Secretary General Urquiza included Mr. Silvino Schlickmann, Director of Governance and Ms. Paule Ouedraogo, Head of Interpol’s Regional Bureau.
The African Development Bank Group was represented by members of President Adesina’s senior management team including the director of the Office of Integrity and Anti-Corruption, Ms. Paula da Costa.
Distributed by APO Group on behalf of African Development Bank Group (AfDB).
Over 350 side events transformed mega digital assets event to mega festivities
HONG KONG SAR – Media OutReach Newswire – 21 February 2025 – Regarded as the “Super Bowl of Blockchain” and “the World Cup of Web3”, Consensus, the most influential and longest-running event of the crypto world, picked Hong Kong as a destination to expand beyond North America, with a record-setting debut of nearly 10,000 from over 100 countries and regions converging at the Hong Kong Convention and Exhibition Centre from 18-20 February.
Phoebe Shing, Director, Business Development Team Lead, MICE • MICE-Business Development of the Hong Kong Tourism Board (HKTB), said, “The tremendous success of Consensus’s Hong Kong debut marked the city as one of the most conducive destinations to expand the global footprint of proven events. More than a world’s meeting place, Hong Kong is also a super-connector in the world of finance, innovation and technology (I&T) and global cultures. This mega crypto event also puts Hong Kong on the forefront of accelerating the region’s advancement, while generating high-yield tourism spending and business activities to fuel Hong Kong’s economy.”
A convergence of who’s who in the world of blockchain, digital assets and web3
Asia’s top financial policymakers, crypto thought-leaders and investors shared the main stage with Mainland and world pioneers in blockchain, digital assets and web3 fields, defining what’s next and mapping the way forward for greater impact. The cast of stellar speakers notably included Richard Teng, CEO of Binance, the largest crypto exchange by trading volume; Adam Back, CEO and co-founder of Blockstream, a global leader in Bitcoin and blockchain technologies; Yat Siu, Co-Founder & Chairman Animoca Brands, a global leader in blockchain and gaming; Hong Fang, President of OKX, a leading Web3 technology company and leading crypto exchange, and many more.
Sara Stratoberdha, CEO of CoinDesk said, “Consensus has been running for over 10 years and is one of the longest-running and comprehensive digital assets events in the world. Hong Kong, a Fintech hub in Asia serves as a global center for crypto and web3 technologies, with favourable policies and a large pool of talent for blockchain, digital assets and web3 to thrive. We are thrilled to see that over 75% of attendees are coming from outside Hong Kong. A truly international event! The city has proven the ideal choice for expanding Consensus beyond North America.”
A strong line-up of over 350 side events, delivering huge commercial value
Consensus Hong Kong 2025 was embellished with more than 350 side events, giving the energetic global crypto community diverse opportunities to showcase their expertise, create and renew partnerships and party to the heart’s content.
Michael Lau, Chairman of Consensus Hong Kong, added, “The scale of the inaugural Hong Kong event has surpassed our expectations, with nearly 10,000 attendees and what truly surprised us is that the community and industry were eager to participate and the fact that we ended up hosting over 350 side events is a strong testament to Hong Kong as a leading global FinTech hub where we have a vibrant ecosystem, entrepreneurial spirits, innovative cultures that nowhere else can replicate. I am also appreciative of the support from the HKTB in securing the event for the city I call home.”
Transforming business events into mega festivals
Consensus Hong Kong also spectacularly transformed a leading business event into a mega festival, kicking off with its Opening Party – Rooftop Revelry, held at Cloud 39, the ultra-luxury rooftop ballroom of iconic landmark in Central The Henderson that set the tone for the event’s sophisticated networking occasions. Action continued all the way to its long-established tradition of Music Festival and Crypto Fight Night, extending to Hong Kong’s unique horse-racing and night party at Lan Kwai Fong. The conference concluded with a bang with the Consensus Closing Party in Lan Kwai Fong, where participants were treated to an open bar, live music and fun networking.
Brad Spies, Vice President of Consensus, said, “Hong Kong has a long legacy of finance, banking and some of the deepest capital markets in the world; but it’s also such a vibrant and diverse city with the best restaurants, fantastic venues and unique experiences. The city simply fulfilled the promises of delivering the best of business and fun. Hong Kong is such a world-class city for people to come and transform business events into mega festivals.”
Following Saudi Arabia’s latest energy efficiency cooperation agreement with Egypt, the African Energy Week: Invest in African Energies 2025 conference will provide a vital platform to accelerate partnerships and secure new deals between Saudi Arabia and African countries
CAPE TOWN, South Africa, February 21, 2025/APO Group/ –Earlier this week, Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi and Saudi Arabia’s Minister of Energy Abdulaziz bin Salman Al Saud signed an agreement to develop an executive plan for energy efficiency cooperation, strengthening bilateral ties in the energy sector and fostering sustainable development. This follows another significant development in September, in which Egyptian Prime Minister Mostafa Madbouly secured a $5 billion pledge from Saudi Arabia’s PIF, representing the “first phase” of a larger investment strategy.
As a leading global energy giant, Saudi Arabia has been actively investing in Africa’s energy sector, aiming to expand its energy reserves, advance energy diplomacy and compete with other global superpowers. This strategic push not only strengthens Saudi Arabia’s influence in the region, but also paves the way for deeper economic and political ties with African nations.
To date, the lion’s share of investment in Africa’s energy sector has focused on clean energy advancements. With total project costs reaching $7 billion across the continent, Saudi developer ACWA Power stands as the leading private-sector investor in African renewable energy. In October 2024, the company announced that its Redstone solar plant in South Africa was set to achieve its full 100 MW capacity, while its Kom Ombo solar PV plant in Egypt successfully reached its full capacity of 200 MW. ACWA Power is also leading Project DAO, South Africa’s largest hybrid renewable power plant, with an $800 million investment. The project is expected to come online by 2026 and aligns with the Kingdom’s broader Vision 2030 goals.
In addition to renewable energy, Saudi Arabia is diversifying its investments to secure critical minerals for clean energy technologies. In October, Saudi Arabia’s Manara Minerals, a joint venture between Ma’aden and the Public Investment Fund (PIF), entered advanced talks to acquire a minority stake in First Quantum Minerals’ Zambian copper and nickel assets. The potential investment, valued between $1.5 billion and $2 billion, underscores Saudi Arabia’s strategy to secure critical minerals that are vital for the global clean energy transition.
Turning to broader regional commitments, Saudi Arabia’s financial support for Africa’s energy infrastructure has grown. In October, the Kingdom announced a major funding initiative, pledging at least $41 billion for sub-Saharan African nations. This includes $1 billion for development, $5 billion for startups, $10 billion in financing from the Saudi Export-Import Bank and $25 billion in private sector investments over the next decade.
Meanwhile, the Saudi Ministry of Energy has established the “Empowering Africa” initiative as part of its broader commitment to supporting sustainable development across the continent. In collaboration with the Ministries of Communications and Information Technology and Health, the initiative aims to deliver clean energy, connectivity, e-health and e-learning solutions to enhance lives and promote long-term growth in Africa. Building upon the Clean Fuel Solutions for Cooking Program, it focuses on providing cleaner cooking solutions to vulnerable populations, aiming to reduce reliance on traditional biomass fuels and improve health outcomes for millions of households. Minister bin Salman Al Saud has emphasized energy as a fundamental human right and is spearheading efforts to improve access to clean cooking technologies across the continent.
Additionally, state-owned petroleum company Saudi Aramco is strengthening its partnerships with African nations to support energy investments and mobilization. These collaborations are expected to drive infrastructure development, enhance oil and gas production capacity and facilitate knowledge transfer between Saudi and African energy stakeholders, while aligning with broader energy security and sustainability goals.
In the multilateral arena, the African Energy Chamber is working with Saudi Arabia to support South Africa’s G20 energy investments and mobilization. This partnership is set to facilitate greater financing and policy coordination, ensuring Africa’s energy priorities are well-represented in global energy discussions. The upcoming African Energy Week: Invest in African Energies conference in Cape Town serves as a key platform to facilitate and support these investments, bringing together Saudi stakeholders, African governments and global energy leaders to advance new projects, strengthen partnerships and accelerate the continent’s energy transition. These collaborations are essential in addressing energy challenges, driving economic growth and fostering long-term sustainability. As Saudi investments expand – alongside those of other G20 nations – their impact on Africa’s energy landscape will only deepen.
AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.
Distributed by APO Group on behalf of African Energy Chamber.
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