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Business News
Explore international business news and insights into the ever-evolving landscape of Black business news, featuring success stories, economic developments, and innovations within the Black community. Whether you’re looking for emerging opportunities, key industry updates or features on business leaders, our business section keeps you connected and ahead of the curve.
Tesla shareholders approve pay package that could make CEO Elon Musk the world’s first trillionaire
Tesla shareholders voted Thursday to support a pay package for CEO Elon Musk that paves the way for him to become the world’s first trillionaire. The $1 trillion package “consists of 12 tranches of shares to be granted if Tesla hits certain milestones over the next decade,” said CNBC, and could expand the billionaire’s stake…
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EMERGING Valley 2025: A Euro-African Tech Summit of Unprecedented Scale in Marseille
Marseille, 2025 October 16th – EMERGING Valley, the Euro-African summit for Tech and...
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Senegal’s Diarrha N’Diaye-Mbaye, who closed her beauty brand after raising millions, joins Skims
When Diarrha N’Diaye-Mbaye announced that she was closing her beauty brand, Ami Colé,...
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How Michael Jackson became highest-paid deceased celeb again, earning $3.5B in the afterlife
He is dead, but his legacy lives on as he continues to top the charts of the highest-paid dead...
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How Namibia made record $750 million one-day debt repayment
Namibia has settled its $750 million eurobond, marking the largest single-day debt maturity in the history of the country, according to Bloomberg. “We have paid,” central bank Governor Johannes...
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Meet the Nigerian founder who left Mercedes-Benz to build affordable cars for Africans
African entrepreneurs are refusing to be left out in the automotive industry. After years of purchasing cars outside the continent, the trend has changed as some local engineers have taken advantage of...
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Meet Ghana’s Eric Agyemang, whose VC firm in Canada raised $10M to support immigrant founders
Venture capital firm Maple Bridge Ventures has closed $10.2 million CAD in the first round of its debut fund dedicated to supporting immigrant founders in Canada. The fund is now almost close to hitting...
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Angel Reese trademarks her own name – here’s what that means
Chicago Sky’s Angel Reese has trademarked her name as part of efforts to build her brand. The WNBA star filed to have her name trademarked on March 7, and the United States Patent and Trademark Office...
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How a laid-off USAID worker converted an unfortunate situation into an opportunity
Earlier this year, the Trump administration dismantled the U.S. Agency for International Development (USAID) in a move to streamline government. As an organization that provided financial support to various...
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Why Rihanna’s Fenty Beauty foundation was just named one of world’s greatest inventions
Rihanna’s Fenty Beauty foundation is now one of Time Magazine‘s greatest inventions. The magazine recently named the billionaire’s Fenty Beauty foundation to its Best Inventions Hall...
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Here’s how rich Dangote is now after becoming first African with a net worth above $30 billion
Aliko Dangote, Africa’s richest man, has made history as his net worth has surged past the $30 billion mark, making him the first African to earn that figure. According to the Bloomberg Billionaires...
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Omi Bell, from teen mom who sold T-shirts to helping over 20,000 female founders of color accelerate their businesses
Omi Bell was a computer scientist who grew up middle-class and held good jobs but having her first child at 17 and second at 21 led her to rely on Section 8 housing and government assistance. While taking...
