Uber Technologies Inc. is set to invest in Nigerian startup Moove in a funding round that could reach up to $100 million, Bloomberg reports. Moove Founded in Lagos in 2020 by British-born Nigerian entrepreneurs Ladi Delano and Jide Odunsi, Moove has expanded its reach beyond its origins. The duo’s aim is to build the world’s largest integrated vehicle financing platform for mobility entrepreneurs. With its headquarters in Amsterdam, the company now operates across Africa, the UK, the UAE, and India. Moove’s innovative business model revolves around a unique credit-scoring system,
Marvin Ellison, one of the world’s wealthiest Black CEOs, recently saw his company, Lowe Companies Inc, stock market value increase by $3.4 million in under one month. Who is Marvin Ellison? Ellison is the chairman, president, and CEO of the home-improvement giant, Fortune 500, Lowe’s Companies, Inc In 2022, Ellison made the rare distinction of being the only Black executive with CEO positions at two Fortune 500 companies. Before his role with Lowe’s, he held the CEO position with JC Penny and worked at companies like The Home Depot and
