The Capital Quest | Alitheia IDF backs MBO in African corporate travel management space

Alitheia IDF, an African women-led and gender lens-focused private equity firm that received commitments to raise $100-million fund a year ago, said Thursday it has finalised an investment into corporate travel management company Club Travel Corporate (CTC). The investment will enable CTC’s black- women-led management team to take over the company through a buyout arrangement, and

Nigeria born music maestro set to unveil new video album – Nigerian Observer

Popular Nigeria born multi talented music artist, Bugga King is set to release his new music video album titled “DAGBANA DANCE” which he perfected in South Africa, after the release of his hit single “KILODE” track record in 2020.The artist has romanced through collaboration with prominent contemporary artist from  South Africa, Ghana and Zambia, as

Nigerians abroad remit over $21bn in 2022, highest in Sub-Saharan Africa

The World Bank has revealed that Nigerians abroad sent home $20.9 billion to families and friends. This was revealed in its latest Migration and Development Brief published on Wednesday on its website. According to the brief, remittance flows to Nigeria increased by 7.5% when compared to the previous year. That puts its inflows far ahead

Africa’s Largest High School Entrepreneurship Competition Returns to Unearth the Continent’s Next Unicorns

The JA Africa (https://JA-Africa.org/) Company of the Year (COY) Competition, Africa’s largest high school entrepreneurship competition returns for the 12th year in a row and first in-person meeting post-COVID, after two successful virtual competitions. Lagos, Nigeria will take center stage for this competition from 7th to 9th December under the theme, “Fueling Changemakers.” COY is

FEATURE-FTX collapse crushes crypto dreams in Africa and beyond

* FTX’s bankruptcy hurts small investors across the world * Young African crypto backers fret about damage to sector * Regulators repeat warnings about risks of crypto dealing By Bukola Adebayo and Rina Chandran LAGOS/BANGKOK, Dec 1 (Thomson Reuters Foundation) – Days before his FTX cryptocurrency exchange collapsed, co-founder Sam Bankman-Fried tweeted “Hello, West Africa!”

20 Black-Owned Businesses to Shop This Holiday

Handcrafted wooden glasses, family-made shea butter, plants: Use this guide to start checking items off your holiday gift list. (Photograph by Adrienne Andersen/Pexels) by Maya Pottiger Part of what we do at Word In Black is amplify the entrepreneurs and business owners in our community. After all, they create jobs and invest back in our neighborhoods and families.