All posts by Preta Peace Namasaba

Thrive

Dale LeFebvre dug himself out a $250k student debt to raise more than $1 billion in capital for businesses

Achieving the American dream can be quite costly. Today, more than half of students leave school with debt with women and people of more likely to have student loan debt and higher balances. Over 43…

By Preta Peace Namasaba March 14, 2024
News

At only 27, Timothy Armoo beat the odds to sell his influencer business for eight figures

Growing up in south London, Timothy Armoo had the odds stacked against him. Firstly, that part of the UK capital includes some of the most deprived areas in an otherwise rich city. But Armoo, a…

Wealth

This Black owned real estate firm is closing the wealth gap through a billion dollar home ownership strategy

While the top 10% of residents in America own 76% of the nation’s wealth, the bottom 50% own just 1%. African-Americans and other minorities have less than seven times the average wealth of their white…

By Preta Peace Namasaba March 13, 2024
Innovation

Formspring was the king of social media platforms, drawing ten million new users in two months – This is how Ade Olonoh did it

Popular with teens, misunderstood by adults, and highly sought after by venture capitalists, Ade Olonoh‘s Formspring was the “it” app of the 2000s. Its popularity has been compared to Snapchat today. An immediate success, Formspring…

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.…

By Preta Peace Namasaba August 26, 2024
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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