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Wells Fargo makes major investment in Black-owned banks – Daytona Times
BY STACY M. BROWN NNPA NEWSWIRE The banking giant has selected six African American minority depository institutions (MDIs) for equity investments. Broadway Federal Bank in Los Angeles, Carver Federal Savings Bank in New York, Citizens Savings Bank & Trust in Nashville, Commonwealth National Bank
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Source: Daytona Times
Sponsored by National Association of Asian American Professionals (NAAP) Boston Chapter
Move Eskom debt to state balance sheet, says ex-Goldman head - TechCentral
South Africa can fix the balance sheet of its loss-making power utility by transferring its guaranteed debt to the government’s balance sheet, according to the former CEO of Goldman Sachs Group in sub-Saharan Africa.
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Source: TechCentral
How to Support the Movement for #BlackLivesMatter?
Source: JOHANNES EISELE / Getty
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Source: Cassius | born unapologetic | News, Style, Culture
Joyce Cacho, Ph.D.
Joyce Cacho, Ph.D., CAMS is Principal, Adinura Advisory, an integrative strategy and accountability consulting firm for corporate and public sector clients. Experienced in finance and risk management, Joyce excelled in matrixed organizations structures in manufacturing, and banking
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Source: Savoy Network
SARS beefs up resources to crack down on wealthy South Africans
SARS has been allocated additional funding that will soon see it getting tough on high flyers who may not be declaring their true income.
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Source: South African News | Online News | The South African
Sponsored by Association of Latino Professionals For America (ALPFA) Boston Professional Chapter
Belize severely affected by COVID-19 pandemic says IMF
The International Monetary Fund (IMF) says Belize has been “severely affected” by the COVID-19 pandemic, pointing the South American CARICOM member state's death per capita from COVID-19 and its economic haemorrhage...
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Source: Jamaica Gleaner
Drake Invests Millions In Plant-Based ‘Chicken’ Company news -The Black Chronicle
Black America Web Featured Video CLOSE With more people and celebrities choosing to live the vegetarian and vegan way of life, Drake is looking to get in on the lifestyle… The post Drake Invests Millions In Plant-Based ‘Chicken’ Company appeared first on The Black Chronicle.
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Source: The Black Chronicle
Nigeria: Senate Approves Buhari's N2.3trillion Foreign Loan Request
[Vanguard] THE Senate on Wednesday approved a total of $6.18bn (N2.3 trillion) External Loan request by President Muhammadu Buhari to fund the 2021 budget deficit.
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Source: allAfrica.com
Nigeria: Investment One Targets Nigeria's Creative Industry for Growth
[This Day] The need to contribute its quota to the development of the creative industry in Nigeria has warranted the establishment of Africa Photography Organisation (AFPHOR), a channel through which Investment One Financial Services Limited seeks to identify endowed creative persons to empower
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Source: allAfrica.com
TSU to pay off students’ balances in move to lift financial burden - TSDMemphis.com
NASHVILLE – Returning Tennessee State University students can spend more time focusing on their studies and less time worrying about finances after TSU announced it will be paying off their account balances.  Instead of visiting the financial aid office, desperately seeking funds to cover previous
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Source: TSDMemphis.com - The New Tri-State Defender - TSDMemphis.com
Reimagine Your Finances In 2021 With This $40 Course Bundle
Money talks. Whether it's personal or professional, finances rule your life in some form or fashion. High school and college classes never taught us how to handle money which they should have, so now it's your time for a do-over with The Complete Learn Finance Super Bundle. Business owners and...
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Source: Black Enterprise - The Premier Resource for Black Entrepreneurs and Career, Tech, and Money Content for Black People - Black Ent
K1 Trillion Reserve Bank transactions was debt restructuring - RBM
Experts at the country’s central bank, the Reserve Bank of Malawi (RBM), say that the bank legitimately wired the K1 trillion in a single day in June last year to various local commercial banks as part of debt restructuring process. Media reports published over the weekend indicated the June
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Source: Malawi Nyasa Times - News from Malawi about Malawi
Drake is Done With Beef for Good and Puts His Money into Faux-Chicken Company Daring Foods
Drake is Done With Beef for Good and Puts His Money into Faux-Chicken Company Daring Foods
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Source: Cassius | born unapologetic | News, Style, Culture
Commission curb’s Waldrop’s authority
The Burke County Board of Commissioners has decided to take control back when it comes to the hiring and firing of county employees. The decision came during the board’s regular monthly meeting last Tuesday, but to the disappointment of many in attendance. Just before the start of the meeting, an
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Source: The True Citizen
Sponsored by Center for Critical Race and Digital Studies
Netflix Is Investing $100 Million In Black Banking Institutions
This is a revolutionary plan.
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Source: Celebrities, Music, News, Entertainment, TV Shows & Videos | BET
Ghana planning to issue Africa's first social bonds, here's what that means
Ghana is planning to issue green and social bonds of up to $2 million, making it the first African country to sell debt to fund development programs, Bloomberg reports. The money from the sale of the social bonds will be used to refinance debt used for environmental and social projects as well as
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Source: Face2Face Africa - The Premier Pan-African Voice
RTG redeems issued debentures
LISTED hotelier, Rainbow Tourism Group (RTG) says it will soon redeem in full the debentures issued during its capital raise exercise two years
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Source: NewsDay Zimbabwe - Everyday News for Everyday People
GWI acquires well drilling rig for hinterland - Stabroek News
The Guyana Water Incorporated (GWI) has acquired a $120M well drilling rig for the hinterland through funding from the Government of Guyana. The article GWI acquires well drilling rig for hinterland appeared first on Stabroek News.
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Source: Stabroek News - Guyana's Most Trusted Newspaper
Sponsored by Museum of African American History in Massachusetts
Phase 2 of Jenda-Edingeni road begins | Malawi 24 - Malawi news
The Tonse Alliance Government has started phase two of the 53km Jenda-Edingeni road which links Jenda Trading Centre and Edingeni Trading Centre in Mzimba district. The project was stopped some years ago at Chindoka. On 5 July, 2021, the Tonse Government, started upgrading the road in the second
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Source: Malawi 24 | Malawi news
Uganda: We Have Enough Money to Fund Oil Investments - Absa
[Monitor] Absa has told investors in the gas and oil sector that it has resources to finance oil activities. The money, the bank said, is available and has no cap on how much one can access, noting applications will be assessed on a case-by-case basis.
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Source: allAfrica.com
Death of Black Louisiana Teenager Quawan ‘Bobby’ Charles Deemed ‘Emmett Till-like Lynching’ | Afro
By Stacy M. Brown NNPA Newswire Senior National Correspondent Who is Quawan “Bobby” Charles, and why are some comparing his death to Emmett Till? The 15-year-old’s death has sparked demonstrations in rural Iberia Parish, La., a densely populated county where African Americans comprise about 31
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Source: Afro | The Black Media Authority-0
Sponsored by Concerned Black Men of Massachusetts
Coppin State & UMES Call to Artists | Afro
Coppin State & UMES Call to Artists Application Deadline Reminder Tuesday, November 24, 2020 - 3:00 p.m. MSAC's Maryland Public Art Initiative has two open Calls for Artists on Maryland historically black college and university (HBCU) campuses. Coppin State University College of Business, Baltimore
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Source: Afro | The Black Media Authority-0
Sponsored by Intellitech
BEA, Wells Fargo Team Up To Help Black Businesses, Entrepreneurs
The Black Economic Alliance and Wells Fargo have launched the Black Economic Alliance Entrepreneurs Fund (BEA Fund), to help Black Businesses
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Source: Black Enterprise - The Premier Resource for Black Entrepreneurs and Career, Tech, and Money Content for Black People - Black Ent
Governor Oparanya allows all public hospitals to run autonomously - The Kenya News
Kakamega Governor Wycliffe Oparanya. [Mumo Munuve, Standard] All public health facilities in Kakamega County have been given the green light to run independently following the enactment of the County Health Facilities Improvement Fund Act, 2020. The new law empowers the management of the hospitals
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Source: The Kenya News
Crocodile-skin supplier to list on new Zim bourse | Fin24
Padenga Holdings, one of the world’s largest suppliers of crocodile skins for luxury bags and shoes, received shareholder approval to list on Zimbabwe’s new bourse, which trades exclusively in US dollars.
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Source: https://www.news24.com
The Dime: Trading Options Can Be Costly If You're Not Strategic • EBONY
We all know the world of investing changed in 2020. Most notably, the process became more democratized as retail investors, individual or non-professional investors, entered the market to create a new source of income by participating in financial markets. Many chose platforms such as Robinhood as
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Source: https://www.ebony.com
Rwanda: Central Bank Issues Guidelines for Economic Recovery Fund
The Central Bank has issued guidelines for the Economic Recovery Fund estimated at over $200 million (approximately Rwf186bn) aimed at supporting local businesses that are hardest hit by the coronavirus
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Source: allAfrica.com
Maxine Waters to investigate Robinhood CEO over GameStop controversy - DefenderNetwork.com
Robinhood Chief ExecutiveVlad Tenevis expected to testify before a House committee following the GameStop stock controversy last week. Tenev will be interrogated by lawmakers during a hearing before the House Financial Services Committee on Feb. 18,Politico reports, citing unnamed
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Source: Houston Defender Network - Houston's Leading Black Community News & Information Source
Tanzania: World Bank Approves U.S.$292 Million Funding for Infrastructure Projects in Zanzibar
[East African] The World Bank has approved a $292 million fund for infrastructure projects in Zanzibar.
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Source: allAfrica.com
Tunisia: Al Joumhouri Denounces Ongoing Wage Levies
Tunis/Tunisia — Al Joumhouri party denounced on Thursday the ongoing mandatory levies on wages and retirement pensions since 2018, with no prior agreement, describing this measure as "abusive" as it violates the rights of wage-earners and
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Source: allAfrica.com
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