All posts by Preta Peace Namasaba

Business

Black Canadian founder Claudette McGowan makes history raising $7.2 million for AI-powered cybersecurity firm

Black Canadian founder Claudette McGowan has made history with the close of $7.2 million (CA$10 million) Series A for her AI-Powered cybersecurity firm Protexxa. She now holds the record for the largest amount raised by…

By Preta Peace Namasaba September 2, 2024
Business

Robert F. Smith’s Vista Equity Partners acquires JAGGAER after raising $20 billion to invest in AI

Robert F. Smith’s Vista Equity Partners has acquired JAGGAER, a global leader in enterprise procurement and supplier collaboration software, from Cinven. The acquisition aligns with the firm’s goal of investing in artificial intelligence after raising…

Business

Slutty Vegan founder Pinky Cole gifts two longtime employees their own restaurant

To celebrate Slutty Vegan’s 6th anniversary, its founder and CEO, Pinky Cole Hayes has rewarded two of her longtime employees, Angel Barnwell and Miesha Hambrick with their own franchise. The two women have been crucial…

By Preta Peace Namasaba August 26, 2024
News

These 4 Black owned businesses generate over $1 billion in annual revenue each

Black business ownership is growing at the fastest pace in 30 years. According to data from the Federal Reserve’s Survey of Consumer Finances, the share of Black households owning a business has more than doubled,…

More posts by Preta Peace Namasaba

Thrive

Top 10 in-demand remote jobs paying at least 100k salaries

The pandemic unequivocally changed how we work. It shook up the traditional workplace setup and ushered in the remote work era. According to the Pew Research Center, approximately 22 million employed adults in the U.S.…

Martin Ijaha was inspired by Sou-Sou, a local Western African savings club tradition to found Neyber
News

Inspired by his mother’s pool fund, this Black immigrant founded Neyber, the UK’s largest employee financial wellbeing platform

Ideas and beliefs become traditions after being passed down generations. Traditions capture the essence of a culture, understand their needs and aspirations and manifest innovative measures to build and protect community. They are tested by…

By Preta Peace Namasaba August 19, 2024
Famous Amos was a great American success story, and a source of Black pride.
News

The legacy of Wallace “Wally” Amos, entrepreneur behind Famous Amos cookie brand who had died at 88

Wallace “Wally” Amos, entrepreneur and founder of Famous Amos cookies has died at the age of 88. His family, in a statement, said Amos died from complications with dementia at his home in Honolulu. “With…

At the age of 21, Figgers became the youngest telecoms operator in the US. His Florida based Figgers Wireless is the only minority-owned telecommunications company in the United States.
Business

Abandoned as child, here is how Freddie Figgers defied odds to build the nation’s only minority-owned telecom company at 21

Freddie Figgers is the proverbial stone that the builders rejected. Abandoned as a newborn next to a dumpster, he was adopted by an elderly couple in rural Florida. His spirit was crushed when he discovered…

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