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.
Why Ami Colé, the popular beauty brand founded by a Senegalese, is closing after raising millions
Ami Colé, the Black-owned beauty brand renowned for its clean, melanin-rich products, recently announced that it will officially close in September 2025. Founded by Diarrha N’Diaye-Mbaye in 2021, the brand earned acclaim not long after its launch, becoming a favorite of many celebrities, including singer Kelly Rowland and actress Mindy Kaling. From the viral Lip…
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A look at Ethiopia’s $445 million megatower set to become sub-Saharan Africa’s tallest structure
Ethiopia has resumed plans to construct what would become the tallest skyscraper in sub-Saharan...
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![Tyler Perry fired his own aunt for missing work [Video]](https://cdn.face2faceafrica.com/www/wp-content/uploads/2024/07/Image-33.jpg)
Tyler Perry fired his own aunt for missing work [Video]
Tyler Perry once fired his aunt, the entertainment mogul disclosed on the July 20 episode of...
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Tiana Tukes: from being first trans woman to work in venture capital to making history at Spelman
Tiana Tukes first wanted to pursue a career in journalism but she switched to finance upon...
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Meet Joi Harris, who is now the first woman and first African American to be CEO of DTE Energy
Utility giant DTE Energy named Joi Harris as the new CEO last month, making her the first woman and first African American in the role. Harris, who currently serves as chief operating officer, will take...
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Single mom of 3 left to run entire Burger King alone in viral video raises $35,000
A single mother of three who went viral for working solo at a Burger King restaurant after her coworker quit has started a GoFundMe. This month, a TikTok video of Nykia Hamilton working alone at a Burger...
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Snoop Dogg announced as co-owner and investor of popular British club
Veteran West Coast rapper Snoop Dogg has expanded his business portfolio as popular Welsh-based soccer club Swansea City has announced him as a co-owner and investor. According to BBC, the announcement...
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Elon Musk, Tope Awotona, other African-born billionaires make Forbes’ list of America’s Richest Immigrants
Forbes’ latest list of America’s Richest Immigrants shows that a record 125 foreign-born U.S. citizens are billionaires living in the United States. They come from 41 countries but became rich...
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Nigeria: Africa’s richest person Dangote to expand empire as he files to build largest seaport
As part of efforts to expand his multibillion-dollar industrial empire, Africa’s richest person, Aliko Dangote, has begun moves to build what he described as Nigeria’s biggest and deepest seaport...
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Ghana prepared to finance the production of Ukrainian drones: report
Ghana is reportedly interested in Ukraine’s advanced technologies as the West African country is ready to help finance the production of drones in Ukraine. Ukrainian President Volodymyr Zelensky...
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Suns’ Devin Booker makes NBA history with $145 million contract extension
Devin Booker will reportedly become the highest-paid player in NBA history after signing a two-year, $145 million maximum contract extension with the Phoenix Suns through the 2029-2030 season, according...
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$6 billion Akon City: Senegal officially scraps project
Authorities in Senegal have officially abandoned Akon’s $6 billion futuristic pan-African city project and have reclaimed most of the land that was to be used for it, according to a report by Bloomberg....
