All posts by Preta Peace Namasaba

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…

By Preta Peace Namasaba March 14, 2024
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…

Innovation

Ikenna Okezie built a healthcare company worth over $2.5 billion and he’s saving the lives of people with kidney diseases

According to the Centers for Disease Control and Prevention, approximately 37 million Americans have chronic kidney disease and nearly a million have end-stage kidney ailments. However, the majority of those affected unaware they have the…

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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