X Nubia Phi: Afrofuturist Network

Black Main Street Crypto Investors See The Future

May 17, 2022 (updated May 27, 2022) Published by doro1980

(Article by Kori Hale on forbes.com. Photo credit: )

“Last year, approximately 13% of Black households in the U.S. were unbanked which left them financially vulnerable. Cryptocurrencies and their decentralized financial model allow Black communities to grow their own wealth, after being ostracized for so long from traditional banking institutions… The number of crypto investors is on track to double as a new generation of Black traders emerge, with 44% of cryptocurrency traders being investors of color.”

Read the entire article: https://bit.ly/3FPBThb

#xnubiaphi #afrofuturism

Rapper IDK Wants To Help You Wipe Out $10K In Debt

November 14, 2021 (updated December 12, 2021) Published by doro1980

(Article by Samantha Dorisca on afrotech.com. Photo Credit: Brian Stukes)

“Rapper IDK and Credit Karma are teaming up to encourage financial management. The partnership proves to be a full-circle moment for the American rapper who credits the personal finance company for teaching him the importance of credit and financial literacy, Forbes reports. Despite the rapper’s name standing for Ignorantly Delivering Knowledge (IDK), his contributions to the partnership embody the complete opposite.

Read the article: https://bit.ly/3Dh3gP5

#afrofuturism #blackmusic #blackjesus #blackentrepreneur #blackfuturist #xnubiaphi #afrophysicist #afronaut #afroscientist #afrochemist #afrobotanist #afrotechnology #afroexplorer #afrohorticulturist #blackgenius #blackengineers #NSBE #afroengineers #blacktothefuture #darkmatter #darkscience #theblackvote #afropoliticians #blacksciencefiction #blackspeculativearts #blackownedbanks #blackblueprint #afrofuturistagenda #afrofuturistnews

Generating Mining Wealth for Universities and Low-Income Communities

November 9, 2021 (updated November 9, 2021) Published by doro1980

(Article by Ian Gaines on blackbitcoinbillionaire.com. Photo credit: Ian Gaines)

“I am joined by someone who couldn’t be described by anything less than a visionary. Kim Booker is the Co-founder of BTC impact, a nonprofit dedicated to educating the disenfranchised on Bitcoin, sovereignty & self custody. However, in our conversation, you’ll see that Kim and her Co-Founders Marshall Long and Valton Eason are doing much more than that. Kim is a true Black Bitcoin Billionaire success story…”

Read the article: https://bit.ly/3ET3aNK

Nestcoin is a Yele Bademosi’s plan to make crypto in Africa mainstream

November 3, 2021 (updated November 3, 2021) Published by doro1980

(Article by Alexander Onukwue on qz.com. Photo Credit: Binance/Yusuf)

“The adoption of cryptocurrencies has grown by 1,200% in Africa to $105 billion in market value in the last year alone, according to Chainalysis, a New York-based research firm. Rather than be another marketplace for people to trade crypto, Nestcoin is setting up as a parent company that builds and invests in products that will introduce crypto’s evolving uses to novices…”

Read the article: https://bit.ly/3GQcgNi

Robert F. Smith, Goalsetter Launch Initiative To Help A Million Black & LatinX Kids Become Shareholders

October 27, 2021 (updated October 27, 2021) Published by doro1980

(Article by Ngozi Nwanji on afrotech.com. Photo Credits: Paras Griffin)

“When underserved communities lack access to resources for financial education, their ability to focus on the idea of generational wealth is stunted before they even have a chance to take a step on its path. With the mission to give such communities a fighting opportunity to learn about smart investing and building wealth early on, Robert F. Smith and Goalsetter, a financial literacy platform founded by Tanya Van Court, announced today the launch of “One Stock. One Future.” — an initiative to spearhead financial freedom for the next generation of Black and LatinX Americans.”

Source: https://afrotech.com/robert-f-smith-goalsetter-one-stock-one-future

Kudos to Robert F. Smith for investing his hard-earned wealth in his people. May others take his lead and follow suit. Carry on.

HOW TO MAXIMIZE YOUR INVESTMENTS WITH CRYPTOCURRENCY

March 27, 2021 (updated April 2, 2021) Published by doro1980

“Investing in cryptocurrency is a fantastic way to make good returns on your money, but that doesn’t mean you should do it on a whim or without doing a significant amount of research first. While some stocks are considered stable stocks such as —–, cryptocurrencies are highly volatile – sometimes their share price can spike simply because someone famous mentioned it in an interview – and this means you need to think carefully about where exactly you’re putting your money.”

Source: https://www.influencive.com/how-to-maximize-your-investments-with-cryptocurrency/

Cheap Cryptocurrency: Five Coins You Can Add to Your Wallet Today

March 27, 2021 (updated April 2, 2021) Published by doro1980

Article by Matthew Makowski

“When it comes to a cheap cryptocurrency, there are a couple ways to look at it. And keep in mind, “cheap” is always subjective. First off, whether you’ve got five bucks or $5 million, just about any cryptocurrency is within reach. The only boundary to entry is usually set up by the crypto exchange. One of our favorites, Coinbase, has a $2 minimum. That means you can purchase or sell as little as $2 worth of any cryptocurrency on that exchange. But for our purposes, we’re going to look at five altcoins that have a whole lot more room for growth…”

Source: https://investmentu.com/cheap-cryptocurrency/

The Trump administration countered Chinese investment in African tech. Will Biden continue?

January 20, 2021 (updated January 20, 2021) Published by doro1980

“In January 2020, Nigerian healthcare startup LifeBank became the first company to receive investment under a new maternal care initiative introduced by the US International Development Finance Corporation (DFC). LifeBank’s 24/7 blood supply business met three criteria for a DFC-funded company; it is a revenue-generating enterprise filling a developmental gap in an emerging market. Using these investment criteria, the DFC has gone on to invest in multiple sectors across Africa. In addition to LifeBank, DFC’s Africa portfolio includes Twiga Foods, Copia (both Kenyan startups), and investments in Angola, Botswana, Chad, Egypt, Gabon, Morocco, Mozambique, Namibia, Senegal, South Africa, and Uganda. The DFC has a $75 billion investment target for people in less developed economies, through loans and direct equity funding into startups, funding VC funds, and providing technical support. That alone makes its presence in Africa remarkable. Startups working on power generation, healthcare, agriculture, technology, and financial services could access really large tickets for massive scale. But America is changing hands to an ideologically different leadership. How will this influence the DFC’s future approach and impact in Africa?”

Article by Alexander O. Onukwue

Source: https://techcabal.com/2021/01/20/biden-trump-china-investment-africa/

Why it’s important that Ivanka was in Africa

May 16, 2019 (updated May 16, 2019) Published by doro1980

“Ivanka Trump is in Addis Ababa, Ethiopia for a four-day tour to promote the Women’s Global Development and Prosperity (W-GDP) Initiative, a $50 million United States initiative launched by her father, President Trump in February. The initiative is aimed at advancing women’s economic empowerment through a whole-of-government approach to reach 50 million women globally by 2025.”

Source: http://venturesafrica.com/dangote-refinery-supports-nigerias-content-development-initiative-as-local-contractors-get-368-million-deals/

This initiative, on the surface, certainly looks like a bold, progressive move by the Trump administration. Let’s look under the hood to see what measures are in place to make sure that they’re not just creating a higher-skilled slave labor force of women. Sounds like a project to me!

X Nubia Phi: Afrofuturist Network

X Nubia Phi: Afrofuturist Network

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Category: Banking

Black Main Street Crypto Investors See The Future

Rapper IDK Wants To Help You Wipe Out $10K In Debt

Generating Mining Wealth for Universities and Low-Income Communities

Nestcoin is a Yele Bademosi’s plan to make crypto in Africa mainstream

Robert F. Smith, Goalsetter Launch Initiative To Help A Million Black & LatinX Kids Become Shareholders

HOW TO MAXIMIZE YOUR INVESTMENTS WITH CRYPTOCURRENCY

Cheap Cryptocurrency: Five Coins You Can Add to Your Wallet Today

The Trump administration countered Chinese investment in African tech. Will Biden continue?

Top African tech startups have solutions to some of the continent’s pressing challenges

Why it’s important that Ivanka was in Africa

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