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 […]

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 […]