Business

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
Business

Ice Cube sells first Big3 team for $10 million

Hip-hop legend Ice Cube has sold his first Big3 basketball league team in a historic $10 million deal. A consortium led by investment firm DCB Sports, including a mix of professional athletes and celebrities, has…

By Preta Peace Namasaba May 16, 2024

More in Business

Business

Twice-homeless millionaire Dean Forbes tops UK Black Power list

Dean Forbes, once a homeless teenager in a rough South London estate, has been named the most influential Black Briton on the Powerlist 2025, a prestigious ranking celebrating the top Black role models in the…

By Kweku Sampson November 1, 2024
Business

How Dr. Kofi Smith, an aspiring NFL player became president and CEO of the world’s busiest airport

Hartsfield-Jackson Atlanta International Airport – named after Maynard Jackson, the first Black mayor of Atlanta and of any major city in the South, is the busiest and most efficient airport in the world. It generates…

By Preta Peace Namasaba October 26, 2024
Business

Here’s why the country’s largest Black-owned construction firm turned down early investment offer from Michael Jordan

Michael Jordan’s extensive investment portfolio has seen him back numerous ventures, but one offer he made didn’t go as planned. In the early 1990s, C. David Moody Jr., founder of the largest Black-owned construction management…

By Kweku Sampson October 25, 2024
Business

Microsoft’s Pam Maynard named 2024 Black British Business Person of the Year

Pamela Maynard, Microsoft’s Chief AI Transformation Officer for Customer and Partner Solutions, has been named the 2024 Black British Business Person of the Year at the Black British Business Awards (BBBA). Now in its 11th…

By Kweku Sampson October 24, 2024
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