Game Changers : Black Owned Bank receives 8,000 new bank accounts and $1 million in 5 days

There are 21 African American owned banks with assets totaling approximately $4.7 billion or approximately 0.43 percent of African America’s $1.3 trillion in buying power. In 1994, there were 54 African American owned banks according to the FDIC. Now, there are 21. In other words 99% of Black Americans put their money in Non Black […]

Racism At its worst PW Botha's Rubicon Speech

THE FOLLOWING is a speech made by former South African President P.W. Botha to his Cabinet. This reprint was written by David G. Mailu for the Sunday Times, a South African newspaper, dated August 18, 1985. “Pretoria has been made by the White mind for the White man. We are not obliged even the least […]

Nigeria and Ghana Hope to Gain Millions for Development Through Space Programs

As the US space program loses momentum with the retirement of the space shuttle, those of Ghana and Nigeria are just taking off. Though neither country has yet launched people into orbit, both are utilizing the technology they have developed from their space agencies to help people on the ground. Nigeria founded its National Space […]

The World’s Most Profitable Stock Markets Are in Africa

The Egyptian stock market has emerged the most appreciating stock market in the world for the just concluded year, as investors were rewarded with a 49.56 percent yield-to-date return on investment from the Egyptian Exchange (EGX). Meristem Research, a financial market consultancy firm, reports that the Kenyan stock market came second with a 39.32 percent YTD return […]