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17 Top Black Charity Leaders
The mission of the Association of Black Foundation Executives, whose members include the staff, trustees and donors of other grantmaking institutions, is promoting “effective and responsive philanthropy in Black communities.” Points of ABFE emphasis include boosting Racial Equity in Grantmaking, strengthening member leadership skills and coordinating a funding network to improve the lives of black…
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How Valuing Black Consumers Pays Off
(The Root) — American corporations have long crushed on black consumers, who spend multibillions annually on goods and services. The results of a new poll may entice companies to take their corporate lust deeper. The study, conducted by New York marketing-analytics firm NewMediaMetrics, shows that African Americans are more brand-loyal than whites and are eager…
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Do Black Entrepreneurs Have Workers' Backs?
Survey Shows Black Small-Business Owners Have Big Plans to Offer Retirement Benefits When the CEO of Megen Construction Co. was asked last Tuesday if his firm had an employee-retirement plan, Evans N. Nwankwo (pdf) immediately replied, “Of course.” He then summarized why black entrepreneurs should, if possible, follow his lead. “We may be a minority…
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Meet the Newest Black White House Fellows
In 1964 the White House Fellows program was created to offer exceptional young men and women a one-year placement in offices at the highest levels of the federal government — after which, this new generation of leaders were expected to return “to work as private citizens on their public agendas.” This fall President Barack Obama…
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Young Blacks Want Their Own Businesses
The writers and editors of Businessinsider.com must be sure that most of their readers don’t read Black Enterprise or know any black entrepreneurs (paging Michael Arrington), a conclusion that is also probably true, to a certain extent, for many Americans regardless of race or ethnicity. Most Americans also don’t pay much attention to census reports.…
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TechCrunch Founder's Black Amnesia
“The New Promised Land: Silicon Valley,” the fourth edition of CNN’s Black in America series, debuts Nov. 13 with a reality show featuring eight black Webpreneurs. They were selected by the NewMe accelerator project. It hopes to inspire black entrepreneurs, provide mentorship and connect them to venture capitalists. From that point, the wannabe gazillionaires are…
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Kenya Lifts Itself Up by Its Tech Bootstraps
As many African countries struggle to achieve widespread economic growth and to escape from just being raw agricultural and mineral producers, change is occurring in Kenya, home to East Africa’s largest economy. There, information technology is being used as a springboard for growth. One aspect of that drive is Konza Technology City. The ground breaking…
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Bryant Gumbel Stands With NBA Millionaires
Bryant Gumbel Says NBA Commissioner Treats Players Like Slaves On his recent HBO’s Real Sports broadcast, Bryant Gumbel said that NBA Commissioner David Stern, who has been going one-on-one with the NBA Players Association over a new collective bargaining agreement for months, continually used tactics that were demeaning to the athletes. “[Stern] has always seemed…
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Yes, There Are Black TV and Film Directors
The near whiteout at the recent Emmys prompted The Root’s recent look at why few minority or women television directors get hired. But don’t think that means that talented and experienced black directors are not available. This gallery showcases some of those men and women. To learn more about black directors, visit the African American…
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So What If Joe Mamo Made $788 Million?
When he was a 13-year-old braving northern-Midwest winters, Eyob “Joe” Mamo couldn’t have imagined that he would someday control a mini-empire of gas stations on the East Coast. In 1981 Mamo’s father, Yenberber Mamo, who owned the Mamo Kacha bus company in Addis Ababa, sent Joe to a North Dakota boarding school to protect him…