Business

Business

With up to $1bn in funds, this Black woman-founded venture capital is making giant strides in the entertainment space

The entertainment industry is always evolving, and it’s hard to predict which film genres, music, or platforms will be popular in the future. Sherrese Clarke Soares’ HarbourView Equity Partners is actively investing in the future…

By Preta Peace Namasaba May 29, 2024
Business

How a young intern orchestrated the creation of this $15 billion real estate firm

During his real estate career, T. Dallas Smith became the first African-American broker at Cushman & Wakefield of Georgia and developed the brokerage division for H.J. Russell & Company in 1995. He served as vice…

By Preta Peace Namasaba May 28, 2024
Business

New report reveals Black women-owned businesses now stronger than ever

According to the newly released 2024 Wells Fargo Impact of Women-Owned Businesses report, Black women-owned businesses are on the rise. The report states that Black women’s small businesses grew to 2.1 million between 2019 and…

By Preta Peace Namasaba May 22, 2024
Business

The first Black solo venture capital partner in Europe has raised $10 million to fund startups in Africa

Maria Rotilu’s newly launched OpenseedVC has closed its first fund at $10 million. The operator-led venture capital firm intends to support experienced operators looking to launch their technology companies. Rotilu is Europe’s first Black solo…

By Preta Peace Namasaba May 21, 2024

More in Business

CEO Avante Price and CPO Eli Taylor-Lemire. POSH
Business

Black-owned events platform POSH secures $22 million in Series A funding to empower event social creators

Black-owned events company POSH has secured $22 million in Series A funding to further its goal of connecting people through shared event experiences. Founded by Avante Price and Eli Taylor-Lemire, the platform has garnered over…

By Preta Peace Namasaba August 18, 2024
Business

Driven by their shared African roots, these 3 friends turned a fashion blog into a $30 million global brand

When Jefferson Osei, Abderrahmane Trabsini, and Hussein Suleiman founded Daily Paper in 2008, their goal was to share their unique take on streetwear. What began as a blog highlighting the fashion, music, style, and African…

Nearly two decades ago, Lawrence began her career in sales at Stanley Black & Decker.
Business

4 career tips from Allison Lawrence, president of Stanley Black & Decker eCommerce

Nearly two decades ago, Lawrence began her career in sales at Stanley Black & Decker. Over the years, she climbed the corporate ladder, holding several executive positions, including Business President, Vice President, Chief of Staff…

Business

Black-owned group buys Coliseum complex for $125 million

The African American Sports & Entertainment Group has bought the Oakland Athletics stake in the Oakland Coliseum for $125 million. The  Black-owned development group, previously landed a deal to buy the other 50% ownership interest…

By Preta Peace Namasaba August 16, 2024
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