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5 Ways To Support Black-Owned Businesses

5 Ways To Support Black-Owned Businesses

AFRICANGLOBE – Black-owned businesses need your support. In 2011, it was reported that by 2015, Black buying power in the U.S. could reach $1.1 trillion. But that money doesn’t always go back to the Black community. If that’s one of your priorities, giving back to Black-owned businesses is a great way support Black entrepreneurs.

Jay Z Promotes ‘Artist-Owned’ Music Streaming Brand

AFRICANGLOBE – Some of the biggest names in entertainment have re-launched the music subscription service Tidal, which they are billing as the first artist-owned platform for music and video. Notably, the majority of the company will be owned by artists, a symbolic move in a business where musicians often have little control over how their work is distributed and consumed.

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South Africa Set To Provide R1bn To Create Black Industrialists

AFRICANGLOBE – South Africa’s Department of Trade and Industry will provide grants and cheap loans to the tune of R1bn as part of the government’s plan to create large and competitive Black industrialists.

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How Benjamin Montgomery Bought the Plantation He Was Once Enslaved On

AFRICANGLOBE – Benjamin Montgomery was born into slavery in 1819 in Loudoun County, Va. He was sold to Joseph E. Davis, a Mississippi planter. Davis was the older brother of Jefferson Davis, who would later serve as the President of the Confederate States of America.

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Ethiopia Sheds Famine Stereotype As Its Economy Booms

AFRICANGLOBE – Ethiopia, once known for epic famines that sparked global appeals for help, has a booming economy and big plans these days. Over the last decade Ethiopia’s economy has grown at an average of 11 percent, more than double the rate for Africa, according to U.N. figures.

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Zuma Says South Africans Are Lazy

AFRICANGLOBE – “If I were a dictator, I would change a few things. For example, I would say to the family ‘you need a house, here is the material. Build your house,’ that’s what I would say,” “Our people are not used to standing up and doing things.” “If you just close your eyes for a year and vote me a dictator, I would change these things,” the Citizen quoted Zuma as saying.

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10-Year-Old Gets $60,000 Investment On “Shark Tank” For BeeSweet Lemonade

AFRICANGLOBE – If you’re a fan of the show Shark Tank, then you know convincing the “sharks” to invest in your business is not an easy challenge. One little girl, however, managed to impress the sharks with her southern sweetened lemonade. 10-year-old Austin, Texas native Mikaila Ulmer is the founder of BeeSweet Lemonade.

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5 Tips To Empower Yourself To Take Charge Of Your Finances

AFRICANGLOBE – Sadly, many are scrambling and disappointed because they never created solid plans for achieving their financial goals this year. If this sounds like you, it’s time to stop beating yourself up. Instead, take this opportunity to recommit and create a plan that will set you up for success this year.

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Nigerian Billionaire Funds 1,000 African Entrepreneurs

AFRICANGLOBE – After thoroughly sifting through over about 20,000 applications from 52 countries across the continent, the Tony Elumelu Foundation (TEF) has announced the selection of the first 1,000 African entrepreneurs for the Tony Elumelu Entrepreneurship Programme (TEEP).

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