Tag Archives: BillionDollarBrands

Nigeria’s Naira Struggles Despite Weakening Dollar Due to Fiscal Mismanagement

Nigeria's Naira Struggles Despite Weakening Dollar Due to Fiscal Mismanagement

Nigeria’s poor infrastructure hampers naira recovery despite US dollar weakness. Fiscal inefficiencies prevent leveraging economic opportunities.

Black-owned Businesses Worth Billions in the US

Image Source: Robert Smith Flickr

The United States is home to some of the largest and most influential brands, yet Black-owned U.S. businesses with at least one employee represent a fraction of these companies. They face significant obstacles, from access to capital to other institutional barriers. Challenges include everything from accessing venture capital to discriminatory lending practices. Still, in recent years, Black businesses have grown, with regions like Washington D.C., Maryland, and Georgia leading the way. And, of course, some Black-owned brands have consistently exceeded expectations, crossing the billion-dollar mark in assets, revenues, and valuations. Today, we highlight these Black U.S.-based billion-dollar businesses and their inspirational journeys to the top. These businesses from different industries dominate their respective fields and achieve immense success for their owners. Global Infrastructure Partners  Global Infrastructure Partners (GIP) is an