Tag: African businesses in America

Verityhurst Announces the Opening of its North America Operation Offices in New York City

By GLOBE NEWSWIRE

NEW YORK — Verityhurst (Pty) Ltd, a South African-based Private Equity firm announces its North America operation offices will be opening in November 2020. The North America operation office will be located in New York City, and will be headed by a Vice President, who will be recruited in NYC.

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Company Targeting Kenyans in Diaspora Obtains Fund Manager License

By John Wanjohi  | Mwakilishi.com

African Diaspora Asset Managers (ADAM) Limited, which is targeting Kenyans and other African clients abroad, has been granted a fund manager’s license by Kenya’s Capital Markets Authority (CMA).

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Adelove Shipping opens new locations in Oklahoma City and Tulsa

By Vanguard

Do you live around Oklahoma City, Tulsa in the State of Oklahoma? And you’ve been checking for an affordable freight forwarding company that ships from USA to Nigeria as well as delivering cargo from Nigeria to USA?

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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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Afro-Caribbean lounge, Savor Wynwood berths in Miami

  • By Blueprint Newspapers Limited

The Caribbeans and Africans, particularly Nigerians in Miami area and beyond are in for a big treat as an upscale lounge, Savor Wynwood has berthed.

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Skynamo Selects Atlanta for North American Headquarters


By Skynamo  | PRNews

Skynamo, the South African-based SaaS provider of field sales technology, has selected Atlanta as the new location of its North American headquarters after securing a $30 million dollar investment from software investment firm, Five Elms Capital, earlier this year. The headquarters is located in The Battery Atlanta.

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Meet The Folklore: A Concept Store That Exclusively Stocks Luxury Designers From Africa & The Diaspora

By Danielle Naer | The Zoe Report

With today’s e-tailers, the latest It-bag from Paris is hardly ever out of reach, nor is a pair of handcrafted Italian shoes. So, when Amira Rasool visited Africa for the first time, she was inspired by all the luxurious designs — but immediately had questions.

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How Remittances From Africans in Petit Senegal in New York Builds Wealth Abroad

The African diaspora sends more money to Africa than U.S. foreign aid and foreign direct investment. In 2018, sub-Saharan Africa received $25 billion in development assistance. In that same year, immigrants in the United States sent $46 billion in remittances to their home countries in Africa, out of a total of $150 billion sent from the United States globally.

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Chipper Cash: African payment startup founded by Ghanaian and Ugandan raises $13.8M in San Francisco

By Jake Bright | TechCrunch

African cross-border fintech startup Chipper Cash has closed a $13.8 million Series A funding round led by Deciens Capital and plans to hire 30 new staff globally. The raise caps an event-filled run for the San Francisco-based payments company, founded two years ago by Ugandan Ham Serunjogi and Ghanaian Maijid Moujaled.

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Wines of South Africa USA Launches Industry Podcast and Virtual Tastings to Support Sommeliers

By wineindustryadvisor

New York, NY, June 11, 2020 – Wines of South Africa (WOSA) USA, the industry association that promotes the exports of South African wine, is proud to announce the launch of two initiatives aimed to offer continued education and awareness of South African wines, as well as support out-of-work sommeliers: the Wines of South Africa Podcast and WOSA Somm Sessions. The latter offers consumers a sommelier-led virtual tasting experience geared to their own tastes and selection of South African wines.

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