Black investment group seeks to invest millions in Connecticut

Representatives of an investment group led by former NBA star Earvin “Magic” Johnson visited Bridgeport on Wednesday, met with developers and expressed interest in several large ventures.
(connpost.com) Bob Turner, a partner in Canyon-Johnson Urban Funds, said he would like to invest $40 million to $200 million in the state’s largest city.
“We recognize that urban revitalization [...]

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Robert L. Johnson opens up bank for minority customers

Black Entertainment Television founder Robert L. Johnson opened his first bank in the Washington area yesterday, adopting the business plan of a community bank designed largely for minority customers.
The bank will focus on home buyers, small businesses and student-loan applicants who might be denied loans by larger institutions, he said.
“We’re going to know our customers [...]

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HBCUs getting the point about online newspapers

First the news…
More HCBUs Increase Frequency (BlackCollegeWire.com)
The Student Voice at Albany State University -– previously published every two weeks — began circulating every week this semester. Tennessee State University’s the Meter is producing a Thursday online edition. Florida A&M University’s the Famuan and the News Argus of Winston-Salem State University also plan to increase their [...]

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Jackson State University offers “Kids Kollege”

I have been wanting to highlight some of the good things that are happening within our HCBUs for quite some time. I’ll try to include this kind of information throughout the week.
The goal for the Kids Kollege Children of Alumni Institute Program is to prepare students for the important transition from high school to college. [...]

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American firm seeks to invest $50 million in Nigerian aviation sector

(The Day–Lagos [AllAfrica.com]) A United States-based firm, West Coast Airlines Inc. (WCA), said yesterday in Abuja, that it was finalising arrangements with necessary regulatory agencies in the Nigerian aviation sector, to fly a direct non-stop flight between Nigeria and the United States before the end of this year.
The airline, which said it would meet with [...]

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