US-based investment platform Onevest has announced the launch of 1000 Angels, claiming to be the world’s largest international, invitation-only network for angel investors. According to Onevest, 1000 Angels is set to reinvent the traditional venture model by providing members with the ability to create their own venture portfolios from a constantly updated selection of high …

Name: Robert Smith Net Worth: $2.5 Billion Industry: Private Equity From: Colorado Robert Smith is one of three African American Billionaires. Oprah & Michael Jordan are the other two. Dr. Dre is close & Diddy is closer, but both are roughly $250 million away from being billionaires. Bob Johnson was a billionaire after he sold …

VEDC and JPMorgan Chase & Co. have announced a new lending program for African American-owned small businesses in New York City, Chicago and Los Angeles. The National African American Small Business Loan Fund will boost economic opportunity for minority-owned businesses in these cities and help them serve low-income communities by providing them with greater access …

At a time when quite a number of Africans queue up at the embassies of foreign countries, with the hope of being granted visas into countries with ‘better living conditions’, a rare few like Patrick Awuah are sacrificing that to make a difference by returning home. In 2001, after living in America for almost two …

SUMMARY Britain’s most prominent black professionals, including veteran broadcaster Sir Trevor McDonald, were recognised at this prestigious awards evening last night. Diversity is one of the greatest challenges facing Britain’s tech sector and, as research has shown, a more diverse business is often a more successful business. Earlier this year Baroness Martha Lane-Fox weighed in …

Healthcare systems across sub-Saharan Africa face a number of formidable challenges. Limited energy resources, ‘brain drain’, inaccessibility to medical facilities, limited government funding, and high costs are placing tremendous strain on the healthcare system. The region bears 25% of the world’s disease burden, yet has only 3% of the world’s doctors. It has a physician …

While most teenagers are enjoying their summer vacation by sleeping until noon and catching up on the latest video games, Jaylen D. Bledsoe was at MegaFest (a family – friendly festival founded by the T.D. Jakes Ministries) speaking on the topic of technology and innovation. Based in St. Louis, Missouri, 17-year-old Bledsoe is a nationally …

Written by Dr Harnet Bokrezion, co-author of the book 101 Ways to Make Money in Africa Many decisions for market entry in Africa are made on the basis of market size. Some decision-makers will consider market maturity, level of local infrastructure development, or certain business links they have already established in a certain market prior …

Telecommunications network Tigo announced at the 2015 Transform Africa Summit in Kigali that it is the first operator to offer customers uninterrupted, on-the-go access to 4G internet on their phones. Transform Africa 2015, is hosted by Rwandan President Paul Kagame, and is a platform that brings the continent’s top political and business minds together to …

The Africa Technology Summit (ATS) is a two-day (November 3-4) convening of the leading corporate executives, entrepreneurs, investors and media who are shaping Africa’s tech ecosystem. All these major players will be explaining their Africa strategies, and sharing what’s next for them on the continent. Speakers include some of the biggest names in the tech …

DEAR ENTREPRENEUR, The Startup Africa Research team invites you to participate in our annual benchmark study on African venture performance. The reliable data on performance of early-stage, high growth ventures in Africa is very scarce. Our ambition is to change the world’s perception of business in Africa by unlocking the quality information to the market. …

Check out 4 graphs with information on revenue, investments and jobs in African startup scenes below, all from the 2015 Venture Finance in Africa research. Entrepreneurs across Africa are encouraged to contribute and fill in the new annual research survey: help unlock quality information on African startups! In the beginning of this year the 2015 Venture …

This is according to Lawrence Morgan, COO of Hong Kong-based start-up accelerator Nest Investments. The accelerator recently expanded to Africa and is seeking to invest in globally scalable African technology start-ups. According to Morgan, there are many similarities between Africa and Asia. “I think start-ups that we are seeing in Africa are so transferable, relevant …

NIGERIAN billionaire Aliko Dangote is expected in the country “in the next few weeks” to lay the groundwork for his multimillion investments after he received a licence from Zimbabwe Investment Authority (ZIA), a close associate has revealed. Dangote had Zimbabwe buzzing last month during a one-day visit, where he announced that he would set-up a …

AFRICANGLOBE – Jelani Aliyu, hails from Sokoto State, Nigeria and is General Motors Lead Exterior Designer and the designer of the Chevy Volt. General Motors is one of the world’s largest automobile maker. The car has been described as an American Revolution and one of the hottest concepts in the design line. Jelani was born …