This milestone indicates a $2.16 billion increase in Dangote’s fortune so far this year, driven in part by a recent $430 million valuation gain. 

As of late October 2025, his net worth was reported at around $30.3 billion, making him not only the richest Black man in the world but also the first African-born billionaire to cross the $30 billion threshold.

Top Stories 📰

Story 1: Africa’s richest man, Aliko Dangote, has officially reached a $30 billion net worth, according to Bloomberg’s Billionaires Index.

Story 2: Hip Hop Museum gets $2M boost from Nas & Resorts World NYC.

Story 3: Harvard graduates’ hair-braiding robot wins top prize in startup contest.

Become an UrbanGeekz Ambassador!

UrbanGeekz is on a mission to amplify tech, startups, and culture. We’re looking for bold, visionary individuals to join our inaugural UrbanGeekz Ambassador Program.

As an ambassador, you’ll create content, share authentic stories, and be our voice in global innovation. In return, you'll get to be part of a vibrant tech/entrepreneurial community. We also have some exclusive tech products up for grabs. Interested? Apply here

Hot News 🔥

1. AI Is Rewriting Networking — ConcordeApp Proves It.

2. Innovation Takes Center Stage at Venture Atlanta 2025.

3. The Rise of Black Wellness Spaces in the USA.

4. Mindset Shifts That Can Improve Your Relationship With Money.

5. Smart home devices are helping families build spaces that are not only modern but deeply meaningful.

Opportunities - Accelerators/Funding, Events.

Grants💰

• $150K Investment | The Draper Richards Kaplan Foundation aims to identify social entrepreneurs with dynamic ideas and nurture them in their early stages with maximum leverage and total commitment. 🗓️ Application on a rolling basis:

• $155K | The Da Vinci Fellowship gives offers an equity-free grant of €150 000 150,000 per fellow to young, contrarian Europeans

• $100K | The Thiel Fellowship is a two-year program for young people who want to build new things. Fellows receive a $100,000 grant and support from the Thiel Foundation’s network of founders, investors, and scientists. 🗓️ Application on a rolling basis:

• 💰 $20K | The Intuit QuickBooks and Mailchimp Small Business Hero Program awards grants to U.S. small businesses with owners aged 18 or older that show courage, perseverance, and integrity. 📅 Apply by November 14, 2025

• Up to $15K | The Catalyst Fund by The Roddenberry Foundation makes grants between $2.5k - $15k to anyone with an early-stage idea or project that addresses pressing global challenges 🗓️ Apply on a rolling basis:

• Up to $10K | Each qualifying nonprofit has access to up to $10,000 per month in search ads shown on Google.com. Additional Google Ads may be purchased in a separate account. 🗓️ Apply on a rolling basis:

Accelerators 💼

1. Y Combinator is accepting applications for the Winter 2026 Batch funding cycle, which will occur from January to March in San Francisco.

2. Techstars Accelerator provides funding, mentorship, hands-on training, and access to Techstars' global network of VC investors, corporate partners, and alumni founders.

3. The Propellant Labs is a startup accelerator offering different programs to help entrepreneurs launch and scale their businesses.

4. Northwestern Mutual Black Founder Accelerator® invests in up to ten companies per year (two cohorts of five) focused on fintech, insuretech, digital health, and data analytics.

5. Peachscore + Dealum hosts 12 cohorts annually, offering startup founders the flexibility to join immediately upon acceptance and receive up to $150k, regardless of when they apply.

6. The two-year Activate Fellowship provides early-stage science entrepreneurs with funding, technical resources, and unparalleled support from a network of scientists, engineers, investors, commercial partners, and fellow entrepreneurs. 

7. Forum Ventures' accelerator helps SaaS and AI startups grow with pre-seed funding, mentorship, and expert guidance. 

Events🎟️

The AI ATL Hackathon is billed as “Atlanta’s biggest AI hackathon,” bringing together a wide spectrum of participants, from beginners to seasoned machine-learning and generative-AI builders. The weekend is structured around hands-on hacking, immersive workshops, networking opportunities, and a culminating Demo Day.

Date: November 7-9

Location: Atlanta, GA.

We’re thrilled to announce that Founder and CEO, Kunbi Tinuoye, will be speaking at the upcoming Africa Tech Festival.

Africa Tech Festival is the continent’s largest and most influential technology event, bringing together leaders, innovators, and entrepreneurs from across Africa and beyond. It’s where conversations around digital transformation, connectivity, startups, and the future of tech in Africa take center stage.

Date: 11-13 November 2025

Location: Cape Town International Convention Centre (CTICC), South Africa.

Thank you for joining us in this edition of Geekz Insider. We hope that our shared stories and opportunities will ignite your career goals and entrepreneurial spirit, fueling your drive to innovate. From dynamic founders to transformative AI programs and life-changing grants, there’s something here to inspire everyone.

Enjoy our newsletter? Share it with your network and sign up here to stay informed about the latest in tech, business, and innovation.  Until next time, keep hustling and making those geeky dreams come true!

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Written by Stephen Oluwadara and produced by Gugu Nxumalo