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A Letter Of Appreciation To All Who Decided To Open Accounts...

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As president of the National Bankers Association, whose members include many of the Black-owned banks that received and are still receiving an unprecedented level of support from all over America, I would like to extend heartfelt gratitude by simply saying: Thank you!

This Kenyan Furniture Maker Is Africa’s Answer To Ikea

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AFRICANGLOBE - The furniture that comes out of Ciiru Waweru’s workshop in Nairobi isn’t hand painted or hand carved. The bunk beds, children’s desks, and baby cots made at Waweru’s children’s furniture brand, FunKidz, are more similar to what you would find at Ikea—flat-packable, made with computer-controlled cutting machines and printers.

Here Is A List Of 23 Black-Owned Banks, Credit Unions And...

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AFRICANGLOBE - The #BankBlack revolution has already began. Thousands of African Americans across the country are transferring their money to Black-owned banks that invest in urban communities and businesses. Initiated by several celebrities like Solange and rapper Killer Mike, the initiative is in response to years of police brutality, discrimination, and other racial problems that have long existed in America.

White Racism Has Houston’s Only Black-Owned Bank Booming With New Clients

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AFRICANGLOBE - The new accounts department has been very busy at Houston's Unity National Bank with hundreds of new customers signing up over the last few days. The influx of new customers came in part after last week's police murders of Alton Sterling and Philando Castile. On social media there was a movement to send a strong message to America. If we can't get justice we will put the economic pressure on by withdrawing our Black dollars from other financial institutions.

Blackonomics: I Versus We

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AFRICANGLOBE - One conclusion I have drawn from working in the collective economic empowerment vineyard for years is that “We” fail because “I” gets in the way. Black folks adore the statement, “I am because we are, and because we are, therefore, I am.” Oh, if we would live by that statement rather than merely recite it.

The Beginning Of A Black Business Boom?

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AFRICANGLOBE - According to the U.S. Census Bureau, there has been a huge increase in the number of Black-owned businesses from 2002 to 2007. In fact, the increase of 60.5 percent to 1.9 million was greater than three times the rate of growth for the nation, which was only 18.0 percent. As one might expect, the revenues of black-owned businesses grew during this period by 55.1 percent, reaching $137.5 billion.

How Black-Owned Businesses Help Reduce Youth Violence

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AFRICANGLOBE - According to a new study published in Urban Affairs Review, the growth of Black-owned businesses was strongly linked to a reduction in Black youth violence between 1990 to 2000.

A Big Salute To Black-Owned Businesses

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AFRICANGLOBE - In 1972, the U.S. Census Bureau recorded 195,000 Black-owned firms. From 2002 to 2007, the number increased by 60.5 percent to 1.9 million, more than triple the national rate of 18.0 percent. Over the same period, receipts generated by Black-owned businesses increased 55.1 percent to $137.5 billion.

3 Super Easy Ways To Support Black-Owned Businesses

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AFRICANGLOBE - There are many people in America who really do want to support Black businesses, but they may have no idea how to go about it. Here are three simple ways that you can support Black-owned businesses and help your own community.

5 Real Ways To Actually Support Black-Owned Businesses

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AFRICANGLOBE - It is not enough just to practice social resistance to discrimination; we must also practice Black empowerment and economic enrichment, because when the news stop airing the demonstrations and move to another headline that is more relevant to their agenda, we have to go back to our communities, and only then will we realize that much work needs to be done.

Supporting Black-Owned Businesses Helps Stabilize Communities

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AFRICANGLOBE - If we can help our businesses grow and expand, they in turn will hire those within our community who want to turn their lives around and those whom mainstream businesses do not employ. These tactics have worked successfully in other communities around the country and can work for us.
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