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Lendistry Receives $5M from Exelon to Expand Small Business Lending
By Tony O. Lawson Lendistry, a leading fintech lender and community development financial institution, has received a $5 million investment from Exelon. The new…
Paris-based Koolboks Raises $11M for Solar Cold Storage in Africa
by Tony O. Lawson Koolboks, a Paris-based climate technology company with operations across Africa, has raised $11 million in a funding round aimed at scaling…
Photodom: A Black-owned Camera Store and Film Lab Reviving Analog in NYC
Photodom is a camera store, full-service film lab, and photo studio based in Brooklyn, New York. Founded by Dominick Lewis, it started in 2020 as a tiny third-floor…
Nigerian Billionaire Dangote Partners With Ethiopia for $2.5B Fertilizer Plant
Ethiopia has signed a $2.5 billion agreement with the Dangote Group, led by Nigerian billionaire Aliko Dangote, to build one of the world’s largest…
Tasty African Food: The £7M Food Chain Making Waves in the UK
Tasty African Food has become a standout success story in the UK’s Black-owned business scene. Founded by Michael and Abi Olaleye in 2000, this…
Black-owned Makeup Brands You Should Know: Volume 2
Black consumers continue to drive trends and spending in the beauty industry, accounting for a significant share of makeup product sales. Yet Black-owned brands…