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TechCrunch reports that Seedstars Africa Ventures has closed on a $30 million capital commitment from European Investment Bank’s EIB Global — marking its “first major institutional investment for its first Pan-African venture capital fund.” Intending to close up to $100…
According to a press release, Fatheree — the attorney who played an instrumental role in the 2022 return of the Bruce’s Beach property in Manhattan Beach, CA, to the owners’ family — has launched ORO Impact. The fintech company will…
The founders are bringing the people of Fayetteville, NC, a new vegan restaurant that will be located near their popular food truck, according to The Fayetteville Observer. The labor of love was years in the making. Before diving into entrepreneurship…
A desire for a healthier lifestyle created a ripple effect for this couple to launch a Black-owned vegan supplement manufacturing company. Keaira LaShae and her husband Kevin “KP” Price are the founders of protein brand Just Move Supplements. The venture…
As AFROTECH previously told you, Wright, a great-great-grandmother, had been fighting for the possession of her 1.8-acre parcel of land on Hilton Head Island, SC. She was sued by Bailey Point Investment Group for encroachment. The developer was looking to…
The aviation and corporate attorney is now the CEO, president, and accountable manager of Western Air, a family-owned private airline based in The Bahamas. Sherrexcia’s position went into effect on Jan. 1, 2024, succeeding her father, Captain Rex Rolle. Captain…
It all started after Ilunga left her job as a fashion publicist and packed her bags to return home to Los Angeles, CA, according to ESSENCE. She began volunteering for a local non-profit, helping to organize and supervise its farmers…
Woods first signed with the athletic retailer in 1996 when he turned pro at age 20 following a successful playing career at Stanford University. The five-year Nike deal was said to be worth $40 million and labeled the most lucrative endorsement deal secured by…
As AFROTECH previously told you, Ford had worked at the Las Vegas McCarran International Airport’s Burger King for 27 years without missing a day of work. In recognition of his hard work and dedication, he received a goodie bag, complete…
According to a press release, Darlene Goins has officially been tapped to serve as the head of philanthropy and community impact and president of the Wells Fargo Foundation. The feat marks the first time a Black woman has become president…
The final part of an interview usually entails the interviewer asking the candidate if they have any questions about the job or pertaining to the company. Many people may see this as marking the end of an interview, but the…
According to Business of Fashion, six or more former employees of a Chicago, IL, location have now filed complaints against the yoga apparel brand with the Equal Employment Opportunity Commission citing racial discrimination. Following Floyd’s death at the hands of…