Tag: African business owners in America

Chipper Cash | African fintech startup raises $30M backed by Jeff Bezos

By Jake Bright | Techcrunch

African cross-border fintech startup Chipper Cash has raised a $30 million Series B funding round led by Ribbit Capital with participation of Bezos Expeditions — the personal VC fund of Amazon CEO Jeff Bezos.

Chipper Cash  was founded in San Francisco in 2018 by Ugandan Ham Serunjogi and Ghanaian Maijid Moujaled. 

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Chi Uwazurike | Nigerian designer brings unique clothing, special vibe, to Royal Oak

By Chanel Stitt | Detroit Free Press

With the goals of diversity, inclusion and positive vibes, Lé Don Collection, owned by Nigerian Chi Uwazurike, is a space meant for customers and visitors to have a unique fashion experience.

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Tashitaa Tufaa | Meet the Ethiopian who started as a dishwasher but now owns 300 buses in Minneapolis

By Ebimo Amungo

At the height of the Covid 19 pandemic when most of America was put under lockdown and several people lost their jobs, one former Ethiopian refugee, Tashitaa Tufaa, who runs a transportation business in Minneapolis continued to pay his 250 strong staff their full salaries despite the negative impact of the pandemic on his business.

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Sharon Chuter | Meet the Nigerian-born founder of beauty brand UOMA

By Ebimo Amungo

Sharon Chuter is the Nigerian-born founder of UOMA Beauty who has made a big impact in the the beauty industry in since launching her enterprise on Thu, Apr 25 2019 at Neuehouse, Los Angeles, CA. Since then, Sharon Chuter has steered her venture through a Covid 19 disrupted year from Los Angeles and London and made global headlines when she called for more representation for Blacks in the fashion and beauty industry through her Pull Up initiative,

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Why restrictive immigration may be bad for U.S. entrepreneurship

by Meredith Somers | MIT Sloan

A new study shows that, relative to their population, immigrant-founded businesses create 42% more jobs in America than ones started by U.S.-born entrepreneurs.Share 

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Nigeria-Inspired Fintech Esusu Raises $2.3 Million in Seed Extension to Fuel Its Expansion to 1M Rental Units

By Tomiwa Onaleye | TechNext

U.S-based Fintech firm, Esusu Financial has raised a $2.3 million in seed extension to boost its expansion plans in the States. The funding round was led by Acumen Fund, Concrete Rose Capital, Global Good Fund, Impact America Fund, Next Play Ventures, and Zeal Capital Partners.

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Akon | R&B Singer Moves Ahead With $6Billion ‘Akon City’ in Senegal

By Babacar Dione | The Associated Press

American R&B singer Akon is moving ahead with plans to create a futuristic pan-African city, announcing Monday that construction will begin next year on the $6 billion project despite global tourism’s uncertain future.

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Meet Kenyan Family Reaping Big From Traditional Vegetables in US

By MICHAEL MUSYOKA | Kenyans.co.ke

Agriculture is a lucrative venture to undertake in the country but few have taken on the income-generating activity beyond the African borders.For Henrietta Moraa Isaboke, who has lived in the US for 19 years, farming was an activity like many she had not foreseen herself undertaking that turned out to be the family’s pride.Speaking to Kenyans.co.ke, the farmer who specialises in traditional vegetables like Managu for Kenyans living in the US, explained that it is a fullfilling venture which resulted in immense gains for the family.

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Martin Kabaki | Florida coffee shop owner living the American dream

Owner of Growers Alliance, Martin Kabaki, moved to the U.S. from Kenya about 20 years ago and saw an opportunity to help coffee farmers in his homeland.

By Leah Shields | First Coast News

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Biggest IPO by an African company in America is underway


By Olumide Adesina | Nairametrics

Wireless towers operator, IHS Holding Ltd., is considering a potential initial public offering on the New York Stock Exchange. Wendel SE, a shareholder in the company, disclosed this today, whilst noting that the deal could become the biggest listing ever by an African company in the United States.

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