CEO of Black-Owned Fuel Supplier Lands Multi-Million Dollar Deal with the City of Detroit

Moses Shepherd, founder and CEO of ACE Petroleum has made history after securing a five-year, multi-million dollar deal with the city of Detroit. ACE is the first Black and minority-owned company to ever provide fuel supply services to the city’s fleet of vehicles, including police cars, fire trucks, buses, emergency medical services, and other on-road and off-road…

FedEx Makes History, Appoints First Ever Black Woman CEO

Ramona Hood, the newest CEO at FedEx, is the first Black woman to take the lead in the company’s history. Hood, who was formerly the company’s Vice President of operations, strategy, and planning, has specifically been promoted to both President and CEO of FedEx Custom Critical, which provides same-day and overnight delivery of expedited freight. She…

Black-Owned Bus and Commercial Truck Dealership to Build $15 Million Headquarters

K. Neal Truck and Bus Center, one of the only two Black-owned commercial truck and bus dealerships in the country, has been continuously expanding its business and has recently invested over $15 million for the construction of its new and larger headquarters. Run by the father-and-son duo, Stephen W. Neal, who is CEO and Korey…

Black Couple’s Patented Mobile App Allows Courts to Issue Marriage Licenses Electronically

JC and Randy Banks, a married entrepreneurial couple from Atlanta, are the founders of WebWed Mobile – a patented app with cyber jurisdiction that allows various courts across the country to issue marriage licenses electronically. Their technology will enable people to get a marriage license, and legally get married on the same day – without having…

Entrepreneur Opens First Ever Black-Owned Prepaid Carrier Storefront

Tesix Wireless operates with one group of people in mind, millennials. As covered in various media sources, the company was founded by 25-year old millennial, Chaymeriyia Moncrief, an Alabama entrepreneur who wanted to create a more straightforward and exciting carrier. Of all the company’s significant milestones, like reserving their NYSE stock ticker, generating $1.5M their…

Meet the Black Woman Mechanic Teaching Other Women How to Fix Cars

Sandra Aguebor is Nigeria’s first woman mechanic. She is also the founder of The Lady Mechanic Initiative, which teaches women from diverse backgrounds how to fix cars and become financially independent. Sandra says that she developed an interest in cars when she was just 13-years old. When she revealed this to her father, he was shocked…

Soul Food Chef Converts His Restaurant into a Grocery Store to Help Needy Families

Chef Jonny Rhodes from Houston has converted his popular soul food restaurant, Indigo, into a grocery store that gives low-income families better access to high-quality food. He decided to make the change because of the current worldwide coronavirus pandemic. Chef Jonny opened his establishment called Indigo just two years ago, and it immediately became a…

Black Entrepreneur’s Chemical-Free Hair Color Brand Now Being Sold By Walmart

Meet Electra S. Davis, founder of Mysteek Naturals, a popular line of chemical-free hair color products. After grossing over $100K in 2019 while simultaneously working as a full-time single mom, she is now celebrating having her products sold by Walmart – the world’s largest retailer. The timing is perfect because American families are currently quarantined at their…

11-Year Old Thrift Store Owner Launches Face Mask Sewing Challenge

Obocho Peters made headlines late last year for being the first 11-year old entrepreneur to own a thrift store in Brooklyn, New York. Now, he’s making headlines again for pivoting his business to launch a face mask sewing challenge. Obocho is learning early on that when the economy tanks, that means its time to explore…

Largest Black-Owned Bank in the U.S. Launches Justice Visa ATM/Debit Card OneUnited Bank Justice Visa Debit Card

A long-time entrepreneur and accountant, Randy Hughes, via Counting Pennies, his accounting and tax preparation firm based in Orlando, Florida, is now offering affordable and much-needed financial services to urban and low-income families across the country. The program, called Black Money Matters, primarily aims to give African American families nationwide the opportunity to have their very own…