Could Freelancing Cure Africa's Economic Woes?

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Freelancing Could Cure
Africa's Economic Woes

Photo credit | Judeus Samson On Unsplash 

OP-ED By Thandisizwe Mgudlwa

Can Africa use lockdown to re-event its economies that will be based on giving, building and equality for all people?

As the old saying goes, "where there’s a problem there is a solution."

Even with the strict regulations like social distancing, wearing of masks and other forms of limiting the spread of the virus still in place, the spirit of turning big corporations and multinationals into servicing the public rather than being driven by self-interest profits, has become a real and of great necessity.

Although, it may take some time for Africa to better comprehend the damage or opportunities brought about by this global pandemic. But one thing for sure, is that life has very much turned around for many who have lost jobs, business decline or collapse and loved ones.

Black-Owned Investing Platform Celebrates 7 Years

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FOUNDERS OF BLACK-OWNED PLATFORM MAKE HISTORY, CELEBRATE 7 YEARS OF TEACHING MINORITIES HOW TO INVEST

Meet Ernest Curry and Latoya Smith, the founders of The Profit Room, an online learning platform that teaches people of color how to invest in stocks, cryptocurrency, foreign exchange, and futures. Launched in 2016, they are now celebrating seven years of financially empowering and coaching their clients.

The Profit Room does more than just talk about trading. It is an international community of traders who collaborate and support each other in their goals using easy-to-understand language and examples. Even more, there is a focus on teaching Black Americans how to invest and trade to help close the wealth gap.

In fact, as two professional traders who have active portfolios themselves and specialize in technical analysis with a systematic approach to trading any market, they are quite the team. Ernest brings the knowledge and experience acquired from his hedge fund manager mentor to the table. Meanwhile, Latoya’s brings to the table her background in Investment Banking at a top global bank. Ernest and Latoya work together to create, teach, and support all courses, resources, and community at The Profit Room. The mission and ultimate goal is to help people from all socioeconomic backgrounds learn how to trade and invest to be successful in all financial markets. It does not matter how young or old you are. It is never too early or late to learn how to master investing.

Black-Owned Construction Firm Awarded 7 Major Contracts Including JFK Airport In New York

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FAMILY-OWNED CONSTRUCTION FIRM AWARDED 7 MULTI-MILLION CONTRACTS INCLUDING JFK AIRPORT

Meet Darrell K. Choates, Sr., his father, his son, and his grandson (that's 4 generations), the owners of Choates G Contracting LLC, a Black-owned construction firm headquartered in Philadelphia, Pennsylvania. The company has recently scored — not one or two — but seven new multi-million dollar contracts including a $30 million reconstruction project of JFK Airport's Terminal 1 in New York City and a $25 million construction project in Ghana.

With more than four decades of inimitable experience in the construction industry, Mr. Choates has garnered a laudable reputation as the CEO of the firm. As a certified Minority Business Enterprise (MBE), they manage large-scale development projects, construct senior living residences, and provide technologically advanced SaaS platforms creating Smart Cities.

In a career filled with highlights, Mr. Choates is most proud to have protected the legacy of his company as a strong minority-managed organization. Likewise, he has served the region of Philadelphia as the owner of a registered nonprofit community organization, Logan Community Enterprise Center, which among other non-profit activities sponsors bi-weekly food drives.