Industry News
Martine Rose appointed Balenciaga creative director
British-Jamaican designer Martine Rose was appointed creative director of Balenciaga by parent company Kering. The appointment makes Rose the first woman to…
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News & Intelligence
Stories, trends, and opportunities shaping Black business.
Funding & Investment
Newman Foods receives $3 million investment to expand Ugandan food processing
Ugandan agro-processor Newman Foods received a $3 million mezzanine loan from AgDevCo Ventures. The investment will support expanded processing capacity, new…
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Deals & Acquisitions
MarcyPen Capital explores 50% stake in Fenty Beauty
MarcyPen Capital Partners, the investment firm co-founded by Jay-Z, is reportedly exploring a deal to acquire a 50% ownership stake in Rihanna’s Fenty Beauty.…
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Community & Empowerment
Sapelo Spirits Partners With SOLO to Support Black Geechee Heritage
Creature Comforts Brewing Co. introduced Sapelo, an Italian-inspired aperitivo developed with Save Our Legacy Ourself, a nonprofit focused on preserving the…
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Explore Wealth & Finance
M&F Bank shareholders approve $105 million sale to Optus Bank
Shareholders of Mechanics & Farmers Bank approved a transaction valued at more than $105 million with Optus Bank. The deal would preserve M&F’s branch network…
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Historic Black-owned bank founded in 1921, providing full-service banking, mortgages, and business loans to Atlanta communities for over 100 years.
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