5 Business Deals and Money Moves to Watch This Week
October 5, 2026
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From AI infrastructure to the great small-business handoff, here are the business deals to watch this week — and what each one means for Black
Business
Pick n Pay Taps Spencer Sonn to Lead One of South Africa’s Biggest Retail Turnarounds
September 23, 2026
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The Woolworths veteran will join as CEO-designate in February 2027, beginning an extended leadership transition as Pick n Pay works to restore its supermarket business.
Dr. Ashley Little Is Building a Publishing Movement to Preserve HBCU Stories and Fund Their Future
September 19, 2026
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The HBCU Experience Movement has published 35 books documenting the achievements, traditions and personal journeys of alumni while directing financial support to historically Black colleges
Cassandra Cummings, Black Female Founder Who Has Helped More Than 100,000 Women Invest, Launches National Wealth Initiative
September 17, 2026
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Cassandra Cummings’ Rich Auntie Wealth Initiative aims to help 25,000 women take a meaningful step toward investing and long-term financial security this summer. Cassandra Cummings
Aliko Dangote Opens His $49 Billion Refinery to Public Investors
September 16, 2026
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Africa’s largest initial public offering gives ordinary Nigerians an opportunity to own shares in one of the continent’s most consequential industrial assets. By Black Business
Chrissy M. Thornton Elected President of Baltimore Center Stage’s Board of Trustees – Chrissy Thornton
September 15, 2026
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PEOPLE ON THE MOVE The nonprofit executive brings fundraising experience and a background in arts leadership to the board presidency. Chrissy Thornton is known for
Thandiwe Maqetuka Leads $31 Million Fund Launch to Back Africa’s Next Generation of Technology Companies
September 15, 2026
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Grindstone Ventures targets the gap between seed funding and institutional investment, with a goal of making at least half its portfolio Black-owned businesses. By Black
Two Childhood Friends Left Global Chemical Giants to Build an Eight-Figure African Industrial Business
September 15, 2026
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Alliance Chemicals Global founders Taiwo Ilesanmi and Gbenga Akanmu are preparing to move beyond chemical distribution into local manufacturing at the Lagos Free Zone. With
Anton Gunn Becomes 13th African American Inducted Into National Speakers Hall of Fame
September 14, 2026
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The former Obama administration advisor and healthcare executive joins an elite group of speakers recognized for excellence, influence and professional integrity. Anton Gunn, a nationally
Mike’s Reliable Offers Affordable Handyman and Cleanup Services in Baltimore
September 14, 2026
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BALTIMORE — Mike’s Reliable Handyman & Cleanup Service, led by Mike Haynie Jr., helps Baltimore homeowners and businesses tackle everyday repairs, cleanup, and organization, with