All posts by Preta Peace Namasaba

Wealth

Economic empowerment: How Troy Smith is providing millions of dollars in alternative financing for Black wealth ambitions

Troy Smith, the founder and CEO of G1 Commercial Mortgage believes that economic empowerment is the saving grace for African-Americans. He posits that to take control of wealth, Black people need to control the economic…

By Preta Peace Namasaba April 12, 2024
News

First HBCU team to win a national championship finally gets White House moment

The tradition of sports teams visiting the White House dates back to 1865 when President Andrew Johnson welcomed the Brooklyn Atlantics and Washington Nationals amateur baseball clubs. During his presidency, Ronald Reagan made the practice…

By Preta Peace Namasaba April 11, 2024
News

Pan-African venture capital firm Verod-Kepple closes first funding at $60 million to grow tech companies

Pan African venture capital firm, Verod-Kepple Africa Ventures (VKAV) has announced the closure of its first fund at $60 million. This recent capital injection follows previous rounds in 2022 and last year supported by various…

News

Why Hanahana Beauty founder Abena Boamah-Acheampong is allowing customers to own equity in her multimillion company

With Black women receiving less than 0.5 percent of the total venture capital spent in the US, founders have to look for alternative startup funding. So why not give the most important people, the consumers…

More posts by Preta Peace Namasaba

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…

By Preta Peace Namasaba September 2, 2024
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,…

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.…

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