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.
Entrepreneur Dr. Osei Kwame Despite unveils Ghana’s first world-class automobile museum [Watch]
Ghanaian entrepreneur Dr. Osei Kwame Despite has unveiled a world-class automobile museum, which is reportedly the first in the country and the third of its kind on the African continent, after Morocco and South Africa. The museum, located in East Legon in Ghana’s capital Accra, was officially commissioned on Sunday, June 1, 2025, by the…
-
New Black-Owned Dating App To Be Unveiled Soon
A new Black-owned dating app is expected to launch later this year. The artificial intelligence-powered...
-
Meet NiJaree Canady, the first million-dollar player in college softball history
NiJaree Canady’s transfer from Stanford to Texas Tech landed her the richest NIL...
-
Fawn Weaver: Top Entrepreneur Becomes 3rd African American Woman Inducted Into Marketing Hall of Fame
American entrepreneur and author Fawn Weaver has been inducted into the American Marketing...
-
Teen who invented double-snap barrette lands $1 million in scholarships, new book deal
Teenage CEO Gabby Goodwin is a senior who just graduated, with eight prestigious universities offering her merit scholarships totaling over $1 million, including four full rides. Goodwin recently revealed...
-
Meet Maïmouna Tirera, the only Black woman eyeglass designer in France
In France, eyeglasses from different brands are sold by opticians, however, only a few of these opticians are artisan lunetiers (eyeglass designers). Maïmouna Tirera is one of 30 eyeglass designers...
-
Doechii Partners Samsung To Launch Galaxy S25 Edge
Award-winning artist Doechii has partnered with Samsung Mobile to promote the company’s latest smartphone, the Galaxy S25 Edge. Samsung Galaxy announced the Grammy Award-winning artist as the newest...
-
Five Global Brands That Have Cut Jobs So Far in 2025
As the year 2025 progresses, several global brands or companies have announced significant layoffs, reflecting broader economic pressures, technological shifts, and strategic restructurings. From tech...
-
Volvo To Cut Over 3,000 Jobs
Car manufacturer Volvo will cut some 3,000 white-collar jobs as it plans to restructure operations as a result of high costs, trade tariffs, and low demand for electric vehicles (EVs). Sources close to...
-
Dangote could have been $120 billion richer if he had invested in big tech than in Nigeria, gov’t says
Africa’s richest man Aliko Dangote could have been $120 billion richer if he had invested the billions of dollars used in building his refinery in big tech, according to the Nigerian government. ...
-
Africa just got a new billionaire you should know about
Karooooo chief executive Zak Calisto is officially a dollar billionaire, with his holdings in the company now worth $1.1 billion. South Africa’s Calisto directly owns 65% of the Karooooo group’s...
-
AfDB to elect new president amid looming $555m funding cut from the U.S
The African Development Bank (AfDB) will elect a new president this week during its annual summit in Abidjan, Ivory Coast, as it faces a major funding cut from the United States. The U.S. government plans...