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Feature News: This SA Designer Sold Out All His Luxury Leather Bags Following A Single Tweet
Inga Gubeka started his luxury leather goods brand, Inga Atelier, with a mission of being recognized internationally as one of the best African-made luxury goods brands. Almost every business thrives when...
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Feature News: After $300k Deal With Mark Cuban, This Vegan Burger Brand Made Six Figures Within 24 Hours
Duane “Myko” Cheers, Danita Claytor and Jumoke Jackson founded Everything Legendary in 2019 in D.C. to create a healthy food choice for their mothers. Cheers and Claytor teamed up with...
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Black in Business: This Black Man Started 100 Suits For 100 Men; Now He’s Helping Over 20,000 Residents In New York
Kevin Livingston is the Founder and CEO of 100 Suits for 100 Men. Founded in 2011, the organization was created to serve the needs of men and women in need of...
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Black in Business: How A Small Nigerian Start-Up Became A $1 Billion Firm In Five Years
Flutterwave was not the first of its kind in Africa when it was started in 2016 by Nigerian technologists and former bankers. But perhaps, the point of its success can be attributed to the...
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Black in Business: Woman Becomes First Black Owner Of An Outback Steakhouse In Detroit After Starting As A Server
Gretta Jackson took a job as a part-time server job at an Outback in Southfield almost two decades ago to put some extra money in her pocket. She worked her...
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Black in Business: These Two Entrepreneurs Are Raising $200m To Purchase A Bank To Serve Underbanked Communities
The majority of Blacks and other minority groups are underserved and underbanked in America. The situation has been attributed to the fact that few banks operate in Black communities. The Federal...
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Feature News: From Employee To Youngest Black Franchise Owner At Chick-Fil-A
Ashley Lamothe started working at Chick-Fil-A when she was 15 years old in her hometown of Atlanta so as to save money to buy a car and go to college....
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Black in Business: First Black-Owned Mutual Fund Secures $200 Million To Launch ‘Project Black’
Ariel Investments, the first black-owned mutual fund firm in the nation, announced the launch of Ariel Alternatives and the Project Black initiative. The firm is stepping into the private fund business...
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Feature News: Morgan Stanley Announces Its Fifth Cohort Of The Multicultural Innovation Lab
Morgan Stanley has announced 11 startups for its fifth cohort of the Multicultural Innovation Lab, including seven companies run by Black founders. The Lab is an accelerator program for technology and technology-enabled...
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Black in Business: Jay-Z sells 50 percent of his Champagne brand to luxury giant LVMH
Jay-Z has sold half of his Champagne brand Armand de Brignac to Moët Hennessy, the luxury wines and spirits division of luxury giant LVMH. The acquisition was through a partnership...
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Black in Business: Former NBA Player Chris Webber Partners With Jw Asset Management To Launch $100 Million Cannabis Equity Fund
Former NBA player and entrepreneur Chris Webber has announced that he is launching a $100 million private equity cannabis fund in partnership with Jason Wild and JW Asset Management L.L.C. (“JW”). This fund will invest in...
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African Development: Kenyan Insurtech Startup Is Eyeing Asia And Latin America After Raising $6m Funding
Access to capital and insurance are some of the factors affecting not only peasant farmers but commercial farmers in Africa. A large majority of farmers in Africa still use hoe...