Business

Jack Dorsey and Jay-Z
Business

Music mogul Jay-Z makes strategic entry into Africa’s Bitcoin space

Btrust, a non-profit funded by music billionaire Jay-Z and Block CEO Jack Dorsey, has acquired Qala, the leading organization that trains the next generation of African Bitcoin and lightning engineers. This significant investment represents one…

By Oji Ben Ebuka October 11, 2023
Business

5 Black female healthcare executives you should know about

Research shows that Black women are disproportionately represented in healthcare professions, with over one in five Black women in the labor force employed within the healthcare sector. Among Black women in healthcare, the likelihood of…

By Preta Peace Namasaba September 22, 2023
Yvette Banks of TikTok. Photo credit: LinkedIn
Business

Here is how Yvette Banks, the only Black executive at TikTok is driving inclusivity and empowering Black creators

COVID-19 pandemic propelled TikTok into being the most popular app in 2019 and 2020. It was downloaded 693 million times in 2019 and 850 million times in 2020, has 1.7 billion monthly active users in…

By Preta Peace Namasaba September 14, 2023
Business

How David Steward turned a $2k loan into a $14.5 billion empire and created over 9,000 jobs

The journey of David Frederick Steward, the second wealthiest African-American, can be traced back to a modest beginning, making his extraordinary ascent to the status of an elite business leader a source of hope and…

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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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