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Facebook has announced plans for a major investment in internet connectivity in Africa. The American social media giant has revealed it is investing in data centers, submarine cables and Wi-Fi infrastructure, and that the continent’s economy will ultimately grow by almost $60 billion by 2024. The investment means that more people in sub-Saharan Africa will…

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Serena Williams is helping her daughter make sound investments early by creating new opportunities within the sports world. Williams, who is married to Reddit co-founder Alexis Ohanian, shared some exciting news about their two-year-old daughter Alexis Olympia on social media Tuesday, July 21. The 38-year-old tennis superstar shared an image on her Instagram story announcing…

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Soulja Boy has seen his investment in a soap company soar amid the coronavirus outbreak. The 29-year-old rapper and his manager Miami Mike recently invested in a Mississippi franchise of The Soap Shop, and the store’s profits have tripled lately due to the health crisis, TMZ reports. The store sells a range of products, including hand soap…

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The old ad campaign of “Have a coke and a smile” is taking on new meaning as the Coca-Cola Corp. is getting ready to cash in on the legal marijuana business. Bloomberg News reports that the multi-national soft drink giant is in negotiations to produce a drink infused with cannabis oil. The Coca-Cola corporation is…

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Marijuana

There have been very few opportunities for Blacks in this country to be in a position to capitalize on a new industrial movement as leaders. If we look back on the history of this country and look at the major eras that made family fortunes whether it’s cotton, oil, railroads, steel or computers, Blacks have…

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Metro Detroit has changed. It has now become “The New Detroit!” A new, booming downtown and midtown, new corporate headquarters, new shopping districts and storefronts galore, new entertaining nightlife and new restaurants are everywhere. But what’s more is that Detroit is abounding with new life, as well. People are moving back to the city in record numbers.…

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If ball clubs and clothing lines bore you silly as potential investments, consider putting your money where it can do more good and get everybody some shine. Corporate social responsibility is spreading fast. Why? Often a great investment, it garners the kind of notoriety that is usually reserved for those who dip behind enemy lines…

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