Marvin Ellison’s Lowe’s Stock Drops, Costing Him $4.6 Million

Marvin Ellison, chairman, president, and CEO of Lowe’s Companies Inc., is one of America’s top Black…

Kenyan Mogul Suresh Shah Faces $6.2 Million Loss from I&M Bank Investment

Suresh Bhagwanji Shah, a Kenyan multimillionaire businessman, has seen a dramatic decline in the market value…

Oil Prices Briefly Surge, Stocks Slide On Iran Blasts

Oil prices quickly rose and global markets fell Friday following news that Israel had launched retaliatory…

‘The Folklore’ Founder Amira Rasool Secures $3.4M to Support Diverse Brands’ Global Retail Presence

Amira Rasool founded The Folklore Group, a business-to-business network that connects merchants and brands from emerging…

How Deryl McKissack, 62, Turned $1K into $15 Billion Business

Deryl McKissack is the President and CEO of McKissack & McKissack, a construction management and design…

Alex Karp’s Fortune Plunges by $100 Million in Just over 2 Weeks

Alex Karp, co-founder and CEO of Palantir Technologies, has seen his net worth drop despite a…

Egyptian Entrepreneur Hend El-Sherbini’s Firm Earns $84.5M Revenue in 2023

Egyptian healthcare provider Integrated Diagnostics Holdings (IDH) reported strong financial performance in 2023, exceeding revenue estimates.…

American Businesswoman Cathy Hughes’ Urban One to Acquire Four Radio Stations in Houston

Urban One Inc., a Maryland-based media business that targets African-American consumers, has acquired four radio stations…

Will Drewery Reflects on His Time with Elon Musk: ‘Toughest Challenge I’ve Faced Before Launching Startup’

Will Drewery co-founded Diagon, a firm that facilitates equipment procurement for manufacturers. According to Tech Crunch,…

10 Exemplary Company Cultures at Microsoft, Chegg, and Others

Salary, working hours, and opportunities for promotion are all important things to consider while searching for…

3 Ex-Prisoners Launch First Black-Owned Meal Prep Business Post Loan Rejections

After serving time for drug-related offenses and being freed from jail in 2013, David Lewis, the…

Malawian Businessman Hitesh Anadkat Secures Almost $16 Million from FMB Capital

Hitesh Anadkat, one of Malawi’s wealthiest individuals, has seen his fortunes skyrocket as the market value…

Ethiopia’s Preem Hits $12.6 Billion Revenue in 2023

Preem, a leading Swedish petroleum and biofuel corporation majority-owned by Ethiopia’s richest man Mohammed Al-Amoudi, suffered…

Craig Arnold Suffers $6.2 Million loss from Eaton Investment

Craig Arnold, hailed as one of America’s leading Black CEOs, has seen his wealth plummet, with…

Kenya’s Jimnah Mbaru Earns $1.2M in Just Over a Month

Kenyan tycoon Jimnah Mbaru, chairman of Dyer and Blair Investment Bank, has seen his net worth…

Morocco: Saham Acquires Societe Generale Maroc for $793 Million

Saham Group, a leading African insurance service provider founded by Moroccan billionaire Moulay Hafid Elalamy, has…

Botswana Businessman Gulaam Abdoola’s Turnstar Generates over $24M in Rental Income

Turnstar Holdings, a famous property loan stock firm led by Botswana real estate billionaire Gulaam Abdoola,…

Top 10 U.S. Companies With The Best Work-Life Balance

Gone are the days of the corporate rat race. According to a Deloitte survey from 2023,…

IMF Confirms Kristalina Georgieva For Second 5-Year Term

The IMF executive board confirmed on Friday that Kristalina Georgieva has been reappointed to lead the…

South Africa: Jawno’s Transaction Capital Launches WeBuyCars on JSE

Transaction Capital, led by South African businessman Jonathan Jawno, made a huge move today by listing…

Egyptian Businessman Medhat Khalil’s Raya Surpasses $650 Million in Revenue for 2023

Raya Holding for Financial Investments (Raya), led by Egyptian entrepreneur Medhat Khalil, reported strong financial results…