Business

Business

Five strategies on how to raise capital like Flutterwave, Africa’s foremost tech unicorn

Flutterwave is a fintech company that provides payment solutions for merchants, banks, and consumers across Africa. It was founded by Nigerian duo Iyinoluwa Aboyeji and Olugbenga Agboola in 2016. The company raised $170 million in…

By Preta Peace Namasaba June 21, 2024
Business

A spotlight on Walmart’s five Black executives

For the 10th consecutive year, Walmart was named the largest corporation by revenue on the Fortune Global 500 list. In 2022, the company generated $611.3 billion in revenue with more than 10,500 stores and clubs…

Business

Why ex-Microsoft chief John W. Thompson remains one of America’s most important tech executives

In a field still slowly waking up to Black ingenuity, John W. Thompson has already established himself as a man you’d like to listen to on the business of selling tech. One of the most…

By Nii Ntreh June 20, 2024
Business

In the feud with Kendrick Lamar, Drake boasted about his success – Here’s a look at how he makes his money

On what used to be Twitter but now X, the Merriam-Webster Dictionary account found a way to wade into the feud between two of hip hop’s biggest acts, Drake and Kendrick Lamar. The dictionary defined…

By Nii Ntreh June 19, 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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