Business

Billy Vickers
Business

From a cotton farm, Billy Vickers worked his way to building a billion dollar automotive supplier business

Billy Vickers’ success story sounds like the quintessential rags-to-riches tale but if you asked him, he would probably disagree. As President and CEO of Modular Assembly Innovations, he grew his company into one of the…

By Preta Peace Namasaba January 10, 2024
Vivian Reddy
Business

This South African tycoon has created over 19k jobs with Africa’s most luxurious real estate development

Along the scenic coastline of Durban stand the internationally acclaimed $68.5-million Oceans Mall and $52.7 million Radisson Blu Hotel, a remarkable testament to contemporary luxury that have not only added to the opulence of the…

Business

Meet five Black women driving diversity gains in Silicon Valley

Silicon Valley’s tech giants have grappled with a longstanding issue of underrepresentation in executive roles, particularly in regard to African Americans, who occupy less than 1% of these influential positions. This glaring lack of diversity…

By Preta Peace Namasaba January 9, 2024
Business

Here are the five highest-earning Black musicians from concert tours of 2023

The significant economic outcomes of concert tours for cities have made them a profitable match between artists and host cities. Recently, Beyoncé and Taylor Swift were acknowledged by Morgan Stanley as contributing $5.4 billion to…

By Oji Ben Ebuka December 28, 2023

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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