News — African development

Andrew Fusaiotti, as part of his routine calls to the cook of his former fraternity house, found out that the cook had not retired and was still working two jobs to pay off her mortgage. The former Louisiana State University fraternity brother then rallied 91 of his fraternity brothers (the Phi Gamma Delta brothers) to help pay off their cook’s mortgage as a birthday present and a testament to the love they have for her.

“They were my kids. They still are,” Jessie Hamilton of Phi Gamma Delta, also known as Fiji, told the Washington Post. “They used to tell me they loved me, and now, they’ve proved it.”

Hamilton received a check for $51,765 on April 3 as part of her 74th birthday celebrations in front of her Baton Rouge home. She was in awe of the turn-up and love from her boys whom she did not only feed but mothered during their stay in the Fiji frat house.

“That shows how they all felt about her,” Fusaiotti, who was a member of the frat back in the eighties, told The Advocate. “Jessie is one of these people that shows up to work and always has a smile on her face, eager to please and never complains.”

Hamilton worked in the Fiji house for 14 years from 1982 to 1996. During that time, she would be the first person to arrive at the house to make breakfast, lunch, and dinner for the boys all the while going above and beyond for them. Some say she never allowed any boy to go hungry and would save food for those who missed their mealtime. Additionally, she served as a mother figure and counselor for the boys who needed a listening ear and would drive some of them for grocery shopping or to their doctors’ appointments.

“I enjoyed doing it. They loved my cooking,” she told the Post. “I was always there to talk things through with them. They’d come in the kitchen and sit on top of the counter and tell me their problems.”

So when Fusaiotti, now 52, heard she still worked at the Baton Rouge Metropolitan Airport and as a cook at a country club, he decided to set up a fundraiser for Hamilton. Each of the 91 Fiji brothers contributed an average of $560, according to the Post.

Hamilton had serviced her 30-year mortgage for 14 years and needed $45,000 to fully offset the debt. The Fiji boys made it happen and even outdid themselves by raising $6,000 more, which they gave to her as a check on her birthday or what they now refer to as ‘World Hamilton Day.’

 She was truly overwhelmed and humbled by the boys’ generosity. “This has been a blessing to me,” stated Hamilton. “I have been worrying about how I was going to pay my house off. I am grateful for what God has done and has led them to do for me.”

Acclaimed musician and business mogul Akon has set his sights on constructing a second futuristic and cryptocurrency-based city on the motherland, with the East African nation of Uganda being his country of choice this time around.

In a statement Monday, the Ugandan government announced they had reached an agreement to allocate the Senegalese-American singer a piece of land worth a square mile for the “Akon City” project, Revolt reported. The state-of-the-art project is expected to be completed by 2036 and transactions in the city will be done through his “stellar-based” AKoin cryptocurrency. The cost of the project was not disclosed though the one in his native Senegal is reportedly valued at around $6 billion.

Asked if the country’s locals would be able to afford the services the city would be offering once complete, the Freedom singer answered with optimism. “I know if I put it there, they’re going to find a way to afford it because it’s going to motivate them,” he said.

“But ultimately when you create an opportunity, people grow with that opportunity, people learn with that opportunity, people are motivated with that opportunity.”

The news of the Uganda project comes on the back of a similar $6 billion one in his native Senegal. In an interview with the Associated Press last year, the 47-year-old revealed construction was set to commence this year.

Born Aliaume Damala Badara Akon Thiam, the musician had earlier shared his plans of building the city in 2018, describing it as “a real-life Wakanda” in reference to the Afro-futuristic city in Marvel’s movie, Black Panther. He also said the city will similarly use the AKoin cryptocurrency.

The site for the Senegal project is in the village of Mbodiene. And the time this story was reported last year, the Locked Up singer said he had been able to acquire one-third of the $6 billion needed for it.

Akon also said he hoped the project would create jobs for locals in the West African nation as well as serve as a “home back home” for Black Americans and other people in the diaspora who are being racially discriminated against.

“The system back home treats them unfairly in so many different ways that you can never imagine. And they only go through it because they feel that there is no other way,” he told the Associated Press. “So if you’re coming from America or Europe or elsewhere in the diaspora and you feel that you want to visit Africa, we want Senegal to be your first stop.”

The underdevelopment of Africa has largely been attributed to the horrific slave trade, unfair trade practices, and lack of value addition of its raw materials.

The continent is well endowed with resources such as gold, cocoa, coffee, diamond, bauxite, among others. However, in monetary value, the continent does not make more compared to the countries that purchase these resources and add value to them.

For centuries, Africa’s economy has remained export-driven, and resources exported out of the continent are mostly in their raw state. This means that the continent loses millions of dollars in the value chain.

According to a former South African Minister of Trade and Industry, Rob Davies, Africa in 2014 exported coffee valued at $6 billion but after the coffee was roasted, blended, packaged, and branded, the final products sold abroad yielded $100 billion.

“In other words, 94% of the value chain of a primary product produced on this continent was captured abroad,” Davis said, citing a 2014 study by KPMG. The former minister was delivering the 2021 Adebayo Adedeji Memorial Lectures.

He said the figures are even starker in the case of highly knowledge-intensive products. “Take the case of the iPhone 6, that retails for $649 in the US. The cost of the mineral products used in its manufacture totals a mere $1,03 (0,16%),” he said.

Citing Adedeji’s seminal work, African Alternative Framework to Structural Adjustment Programmes for socio-economic recovery and transformation (AAF SAP), Davis said the AAF SAP has become a major beacon looked to by many then doubting that externally-imposed Structural Adjustment Programmes were the best, or only, way forward.

According to Davis, AAF SAP identified what it saw as the structural weaknesses in most African economies, including a “weak productive base characterized by low productivity and productive activities dominated by either subsistence or export-orientated primary product production.”

From this, AAF SAP identified the central task as the structural transformation of African economies, he said, adding that Africa has to “break the apron strings of structural and relational dependence on producing a limited number of cheap primary commodities for export.”

Davies noted that poor countries that have transitioned to become industrialized nations followed the path of earlier industrializers.

“Whether they were the East Asian Newly Industrialising Economies in the 1960s and 1970s (South Korea, Taiwan, Malaysia) or, more recently, China, their governments pursued active industrial policies that promoted, nurtured and protected nascent industries,” he said.

According to him, the industrialization they experienced resulted in greater output and higher incomes for those involved in manufacturing and a host of related service activities that created higher quality, better remunerated, and higher quality jobs than those that existed before.

He, therefore, urged African economies to break the dependency ties with industrialized nations and begin to add value to their resources through industrializing their economies.

Touching on the Continental Free Trade Agreement (AfCFTA) which combines the economies of Africa into a single market of 1.2 billion people, Davies said AfCFTA’s real prize would be if it supported the emergence of regional value chains involved in the production of higher value-added goods and services.

“Such an outcome could expect to see components and other intermediate inputs being produced in a number of countries before being assembled into “products of Africa” consumed by the citizens of the continent and also exported,” he said.

“Under such a scenario we could expect to see not just a quantitative increase in intra-regional trade but a qualitative change in its character. This would involve a greater absolute and relative intra-trade in components and intermediate products – which is in fact the largest and fastest-growing part of global trade in goods.”

For Francis Akuamoah Boateng, there could be no better time in history than now to establish Ghana’s first solar panel factory. In international circles and the energy industry, there has been a consensus for a shift to solar energy as thermal and coal energies have not only proven to be costly but contribute to pollution.

Boateng’s solar factory, Solar Power Solutions (SPS), was constructed in 2016 at the cost of $50 million and produces all manner of solar electronics. Offering solar-powered solutions, it supplies and installs “off-grid and grid systems, photovoltaic systems and PV street lights.” The Ghanaian business mogul says his solar company was born out of his vision to light up the country as the nation could no longer depend on hydro and other gas plants for energy.

Born to a paramount chief in the Brong Ahafo region of Ghana, Boateng said he saw his dreams and opportunity to make it in life right in Ghana.

For him, traveling outside Ghana to seek greener pastures was not something he entertained. “I never thought of leaving Ghana, it was something out of the equation for me,” he said.

On why he decided to venture into solar energy, he recalled traveling to his hometown in the Bono region and nearly hitting someone at a checkpoint because the place was dark due to lack of streetlight. “So I said to myself, ‘why can’t we have lights around and then I remembered that the national grid cannot extend to those areas,’” he told vlogger Wode Maya.

“So the concept of solar energy came to mind and that is how I started.” He added that he was also driven by his passion to ensure the rural areas of Ghana have light, a basic social commodity in the 21st century.

Fortunately for Boateng, the Ghana Cocoa Board also came up with a similar concept to start introducing solar street lights in cocoa-growing areas and shea nut catchment areas in the north of Ghana.

Initially, Boateng imported his solar panels from China and other countries but with time, he decided that it was time to have them produced locally and produced in such a way that it is suitable for Africa.

SPS is now managed by Boateng’s son Ofori, who was raised in both Ghana and U.S. Ofori told Wode Maya that SPS’s solar panels are designed for Africa and made in Ghana. “We are trying to push [ourselves] into the arena of being one of the product developers within the electronics,” he said, adding that they seek to expand the factory to increase production capacity due to both local and international demands.

He indicated that the entire company’s capacity is 32 megawatts and will expand to hit 150 megawatts soon.

For young Africans outside the continent and other entrepreneurs, Boateng has a message for you: “Don’t give up.” According to him, hard work is a key ingredient to success in life. “And when you lay your hands on something you think you can do, just go all out,” he said.

Globally, there is a gradual shift to clean energy and the automobile industry has also been caught up in this energy shift movement. Giant automobile companies are now producing cars that solely rely on electricity or solar.

According to a report by the Center for American Progress, more than 30% of the global passenger vehicle fleet is expected to be electric by 2040. Also, a report by McKinsey & Company notes that the electronic vehicle (EV) market in the US is expected to grow but at a slower rate compared to China and Europe.

The switch to electronic vehicles is still at the nascent stage as most economies do not have the capacity to power electronic vehicles. Many cities in developing countries do not have a stable power supply, and in countries that have stable energy, the cost of electricity is expensive, which makes EV less preferable.

The situation is not only dire in developing countries. An article by the Wall Street Journal said mass adoption of electronic vehicles has not materialized due to the lack of charging infrastructures. The article cited a survey of 3,500 in which half of the respondents reported having problems with public charging.

Thanks to mobile charging battery company SparkCharge, charging EVs could be less problematic. The company, in partnership with Allstate Roadside, is venturing into vehicle services by developing a mobile vehicle charger.

The mobile vehicle charger is the world’s first on-demand mobile electronic charging network, according to a press statement.

Electronic vehicle owners can now access this new network via SparkCharge’s BoostEV smartphone app and have a charge delivered directly to their vehicle with a push of a button.

SparkCharge, founded in 2017, is launching in 12 cities including New York, Chicago, San Diego, Dallas, Boston, Los Angeles, and San Francisco. It plans to open up in a different city every month after February and roll out the service in 25 cities by the end of 2021.

“We’re building a completely new type of EV charging infrastructure,” shared SparkCharge CEO, Josh Aviv, in a press release. “It’s mobile, on-demand and for the first time truly gives EV owners freedom and control to charge their car anytime, anywhere by ordering the service through the Boost EV app. Just like food delivery, EV owners can now have range delivered to them on the spot. When people think about EV charging, we know BoostEV will be top of mind for them.”

The company said Allstate Roadside, a roadside assistance service provider, and HONK Technologies, the digital platform connecting drivers and towing professionals, and the other partners will bring the portable Roadie charging system to charge vehicles that need a charge.

“Our relationship with SparkCharge supports our commitment to providing innovative solutions and a circle of protection for customers,” said Joan Trach, Allstate Roadside Chief Operating Officer in the statement.

Spiffy, a car-care service company, is joining BoostEV to offer charging as a service alongside mobile car wash, disinfection, tire changing, among other services, according to SparkCharge’s statement.

“Our goal is to basically be the fastest-growing EV charging network in the United States because we can be anywhere anytime,” SparkCharge founder Aviv told Insider. “With us it’s like take it out of the box, plug it into a car, and you’re charging the car.

According to Techcrunch, the company plans to launch 500,000 electric charging stations in four years.

Florida A&M University (FAMU) and Nike, Inc. forged an exciting partnership. According to News Onyx, the mega sports apparel organization will be the official athletic outfitter and equipment provider for the HBCU.

On Thursday, FAMU Athletics announced the deal on Twitter, saying, “@KortneG welcomes @Nike and @KingJames to the #FAMUly.”

The six-year deal will include “official athletic footwear, apparel and equipment.” The agreement goes into effect on July 1, the publication reported. There’s also an option for a two-year extension. Neither FAMU nor Nike has divulged the details of the payout.

According to News, FAMU’s Vice President and Director of Athletics Kortne Gosha spoke about the partnership between the No.1 public HBCU and Nike.

“FAMU is an elite institution with a rich tradition of first, and our student-athletes deserve a student-athlete experience that is second to none,” he said. “As we transition into a new athletic conference and the opportunity to engage apparel partners, the 23-year relationship with Nike and their commitment to culture, diversity, inclusion and innovation has never been clearer.”

“My executive team and I are focused on setting a new standard, and our top priority is to align with the best quality and most innovative products, brands and resources that position our student-athletes and coaches to compete for championships,” Gosha expressed.

The game-changing partnership serves as an example for other HBCUs to form lucrative alliances with major corporations.

“This partnership allowed us to reimagine, challenge the norms of our industry and be the model for leveling the playing field with the most significant investment in the American Jewels known as Historically Black Colleges and Universities by any footwear and apparel company,” he concluded. 

FAMU has its share of notable alumni in the sports world, including tennis legend Althea Gibson, Olympic gold medalist “Bullet” Bob Hayes, and football greats Ken Riley and Jake Gaither,the news outlet reported.

The prestigious university, which has 14 sports programs and a notable marching band– The Marching 100, will wear Nike apparel– on and off the field. 

The HBCU’s sports teams will also wear LeBron James uniforms, including sneakers and apparel with a custom-made design for FAMU.

According to News Onyx, Nike’s Vice President of League Partnerships for North America, Sonja Henning, is excited about the upcoming partnership with the HBCU.

“Florida A&M has a rich tradition of excellence on the court and field, which not only includes athletic success but equally important is academics, preparation for future careers and community engagement,” she said.

“Through our continued relationship with Florida A&M Athletics, we’ll have the opportunity to partner with some of the country’s preeminent student-athletes and the next generation of leaders.” 

Nike will also offer FAMU’s sports programs student-athlete development, internship and networking opportunities.

Yassin Hall is an entrepreneur who sells mainly on Amazon where she manages four successful six-figure stores. Her journey began after she took to selling clothes online following a difficult divorce.

She started Let’s Journey into Fashion after many of her social media followers showed keen interest in her business. Her website subsequently caught the attention of Amazon and she was offered the opportunity to open an e-commerce store on the platform.

One of her four Amazon stores belongs to her daughter Yamisha Young. Having become a successful seller on Amazon, she decided it was time to also share her expertise with others as the C.E.O of B.O.S.S. Amazon and Ebay Classes in a bid to help them increase their earnings or bring in extra income.

She teaches How to Set Up an eBay Store From Your Classroom to Earn Six Figures a Year; How to Sell on Amazon; Creating the Mindset for Being an Entrepreneur; and Understanding How to Manage Money.

As a mental health advocate, Hall also teaches students with learning disabilities how to be financially savvy, including her autistic daughter, who made some $155,000 when she turned 18.

“The lessons being applied in the curriculum are what I have created in my B.O.S.S. eBay and Amazon classes,” said Yassin. “Children are proving they are far more technologically advanced than we were at their age so it was no surprise that when I offered the class on August 31, within minutes about 60 students enrolled.”

Hall has made over $1 million selling online and believes that the coronavirus pandemic has taught many the need to create alternative incomes and home-based businesses. She is teaching middle and high schoolers at Genesis Preparatory Academy near Atlanta how to profit from Amazon and eBay.

“We are delighted to have found the BOSS CLASS LLC’s eBay course that aligns with our curriculum expectations that will bring awareness and exposure into entrepreneurship, problem-solving, and critical thinking,” said Iris Blevins of Genesis Preparatory Academy.

This may be Hall’s first time teaching at a school in Georgia but her bestselling book in which she chronicles her experience living with a violent bipolar schizophrenic mother has been on the curriculums of several schools as reading material.

Hall is a mother of four — three boys and one girl. She was born in the Virgin Islands as an only child. She completed Charlotte Amalie High School in 1988 and obtained her first degree in computers and fashion from the National Education Center for the Arts.

Her life journey has not been smooth but Hall has managed to weather the storm to be where she is now. God is always the center of what she does, she said.

“I firmly believe that God has been building and preparing me to be the mother, entrepreneur, business coach, teacher, speaker, writer and B.O.S.S. (Built on Self-Motivated Success) that I am today,” she told.

Besides being an entrepreneur, Hall is also known for her philanthropic activities. She made donations to hurricane victims and also supplied students in the U.S. Virgin Islands with laptops to help them attend online school amidst the pandemic.

Marketing student Tahir Murray followed in his family’s footsteps by creating a clothing line focused on HBCUs. The Howard University senior designed HBCU apparel that has attracted the attention of Black NBA All-Stars such as Chris Paul.

Last year, Murray participated in Nike’s Air Max campaign. The company honored and celebrated individuals who have attended HBCUs.

“Before we launched in Fall 2019, I knew I wanted to primarily focus on HBCUs to help share our stories,” Murray shared with The Council of Fashion Designers of America. Murray hopes that his clothing brand will continue to bring more visibility to HBCUs.

Keeping the Power of the HBCU Legacy Alive

The first Historically Black Colleges and Universities (HBCUs) were established in the 1800s, providing higher education opportunities for Black people. Admissions officers typically denied entry to Blacks who were seeking to attend traditional institutions due to segregation and discriminatory practices.

According to NBC, HBCUs are experiencing an alarming drop in enrollment that could threaten their future. “There is a distinct possibility that a number of HBCUs could cease to exist in 20 years or so,” Ronnie Bagley, a 1983 graduate from Norfolk State University shared with NBC. “If that were to occur, many low-income, first-generation students will lose out on an opportunity for a college education.

Penetrating the HBCU Market with Unique Clothing Designs

Murray is on a mission to re-energize the passion for HBCUs. Through his HBCU luxury brand, LegacyHistoryPride™, the college senior is combining his passion for fashion with the needs of the market to drive more attention to HBCUs.

“Before I started LHP, there wasn’t anyone else in the market shining this type of light on HBCU culture through something I grew up on, which is fashion,” Murray shared.

LegacyHistoryPride™ has secured multiple partnerships with HBCUs. The lifestyle brand has over 50,000 followers on social media and connects with thousands of students across the country. According to the website, the company is providing scholarships to current undergraduate HBCU students.

HBCU Student Continuing A Legacy of Clothing Businesses

Murray is on track to obtain his bachelor’s degree in marketing from Howard University this year. According to his LinkedIn profile, he has been in the fashion industry since the day he could walk. Growing up in a family of apparel entrepreneurs, Murray always had his eyes set on continuing the legacy that his grandfather started.

Ortner Murray, Murray’s grandfather, came to the United States from Trinidad & Tobago in 1966 to pursue the American dream. He lived his dreams through entrepreneurship, creating the iconic Von’s Sneaker store in Queens. Murray’s father created the School of Hard Knocks and the Queen’s 7 T-shirt. 

Now, Murray is using this opportunity to showcase what’s possible for the next generation.

Nashlie Sephus is on a mission to build a tech hub in downtown Jackson, Mississippi, to train the next generation in technology. Downtown Jackson is not known for its technology prowess but Sephus wants to put the community on the map of technology hubs in America.

She is building a $25-million Jackson Tech District out of 12 abandoned acres of vacant lots and ramshackle buildings in downtown Jackson. “My goal is to turn this space into a self-sustaining village where people can live, work, play, and eat,” Sephus tells Inc.

The plan includes developing seven of the abandoned buildings within five years and the redevelopment will include a maker’s space, an electronics lab, a photography studio, apartments, restaurants, a grocery store as well as an innovation center. 

The techpreneur works at Amazon as an applied science manager for its artificial intelligence initiative. Before joining Amazon, she was the chief technology officer of the startup firm Partpic, a visual recognition technology.

Partpic was sold to Amazon in 2016 and in 2018, Sephus launched her own company called Bean Path. The firm is an incubator and technology consulting nonprofit, Sephus says, and claims to have helped over 400 locals businesses and individuals with their technology needs.

She founded Bean Path after she watched members of her team get laid off during an internship at Delphi Technologies in Indiana. That was when she decided to be her own boss.

The idea to build a tech hub occurred to Sephus in 2018 when she was looking for an office space for Bean Path. According to Inc., her search for an office space focused on the downtown Jackson area, a once booming business community for Black businesses. 

“It’s clear that people don’t expect anything good to come from Jackson,” she says. “So it’s up to us to build something for our hometown, something for the people coming behind us.”

She adds: “It had never occurred to me, even though I had sold a company to Amazon and was working with some of the top people at Amazon and having led a whole startup, started our own nonprofit. It just never occurred to me that I, a young Black female, could buy a building in downtown Jackson, Mississippi.”

Her vision to build a tech hub in downtown Jackson has resonated with some investors and city officials, including her superiors at Amazon. One of such investors is Toni Cooley, whom Sephus once provided tech help.

Contrary to her fears, Amazon has also offered a helping hand through its Amazon Future Engineer program, which provides scholarships and instruction for teachers interested in improving their tech skills.

Raising money to finance her project has been one of Sephus’ challenges. In fact, less than 10% of Black businesses get access to venture funding. She has sunk $500,000 of her savings into the project, in addition to funds she raised from friends and families amounting to some $150,000. 

She intends to raise additional cash through crowdfunding, grants and private sources. The tech hub project will generate funds through rentals and membership fees, she says.

Sephus obtained her first degree in computer engineering at Mississippi State University. She subsequently earned a master’s degree and a Ph.D. in computer engineering from the Georgia Institute of Technology in Atlanta.

Lupita Nyong’o has spoken out on colorism and self-love several times and her maiden children’s book Sulwe delivers that message aptly to young and old readers alike. Giant streaming platform Netflix announced Thursday that it is bringing the book to life in an animated musical and we are all here for it.

Sulwe, which means Star in the Lou language, centers around Sulwe, a dark-skinned girl who goes on a starry-eyed adventure and awakens with a reimagined sense of beauty as she comes to terms with her dark skin.

Nyong’o noted that in her native Kenya, there is an explicit preference for people with lighter shades even in the overwhelmingly Black-skinned country.

It was illustrated by Vashti Harrison and with this being her first book, Nyong’o hopes to inspire young Black children to appreciate and accept their uniqueness.

A statement released on Thursday by the ‘12 Years A Slave’ actress reiterated how personal the book was to her indicating that Sulwe is close to her heart being a victim of colorism herself. “Growing up, I was uncomfortable in my dark skin,” she said. “I rarely saw anyone who looked like me in the aspirational pages of books and magazines, or even on TV. It was a long journey for me to arrive at self-love.”

She continued, “Sulwe is a mirror for dark-skinned children to see themselves, a window for those who may not be familiar with colorism, to have understanding and empathy, and an invitation for all who feel different and unseen to recognize their innate beauty and value. 

“I am thrilled that the book is being adapted into an animated musical that we hope inspires children all around the world to celebrate their uniqueness.”

Last year, Lupita had a special homecoming for Sulwe in East Africa with new editions in her native language Luo and widely spoken Swahili.

The Oscar-winning actress shared the news on Twitter hoping that the message of Sulwe “can travel the world for readers of all ages, but it’s especially meaningful to bring it home”.

“#Sulwe is coming home! You can now find editions in Kenya in English, Swahili & my mother tongue, Luo. My childhood inspired Sulwe’s story,” she wrote at the time.

Nyong’o is an outspoken voice on issues of racism and colorism. Since her breakout appearance in 2013’s “12 Years A Slave”, she has used her platform to channel the movement aimed at collapsing racial prejudice.

Often, she draws on her experiences as a young Black woman in spaces with people who do not look like her. Nyong’o went to the United States from Kenya although she was born in Mexico where she lived for several years.

The East Baton Rouge Metro Council on Wednesday voted to offer a $4.5 million settlement to the family of Alton Sterling almost five years after the 37-year-old Black man was shot multiple times at point-blank range by a Baton Rouge police officer.

The recent offer was approved after the council voted 7-4 in favor of it, ABC News reported. This comes after officials initially rejected a $5 million proposed settlement in November 2020 following the inability of the 12-member council to get the required majority votes that were needed for it to be approved.

“I am pleased our metro council was able to find a consensus and approve an offer of settlement in the Alton Sterling civil case. After nearly five years, the people of Baton Rouge are finally one step closer to getting much needed closure in this traumatic episode in our history,” Baton Rouge Mayor-President Sharon Weston Broome posted on Twitter  on Wednesday.

“Now we must continue the work of building a more fair and equitable community, where every citizen is treated justly, no matter their race or ethnicity,” she added.

Sterling was fatally shot in front of a convenience store on July 5, 2016, during a scuffle with two Baton Rouge police officers. The officers – Blane Salamoni and Howie Lake II – were responding to the scene after someone called 911 claiming to have been threatened with a gun by a Black man selling CDs in front of the store.

During the confrontation, a mobile phone video recording of the incident showed the officers holding Sterling down at a certain point, with 6 shots later fired. Salamoni, who discharged the shots, reportedly yelled Sterling was armed and reaching for his weapon before opening fire.

Sterling’s death sparked days of protests against police use of excessive force on Black people. Salamoni was fired in 2018 after it was established he used excessive force.

The settlement offer comes after Sterling’s family filed a wrongful death lawsuit, with the trial scheduled to begin in three weeks’ time, according to the Associated Press. Should his family and their attorneys reject the settlement, the trial will go ahead.

Peter Akwaboah first made his mark in sports. While in high school in Ghana, he was a multisport athlete. When he reunited with his family in the UK, sports was still an integral part of his personal development. 

However, he knew coming from a country with limited resources, his chances of succeeding among his peers who had everything was daunting.

“My peers were better, faster and stronger, given they had access to better facilities,” he says, according to this blog. Nonetheless, it did not deter him from seeking excellence. And true to his character, he managed to be part of his school’s athletic team.

Akwaboah was an unused substitute in his school’s athletic team. In one competition, he was asked to replace a colleague who didn’t show up. He grabbed the opportunity and set a new record in the high jump category and subsequently represented the UK in global competitions.

“‘This is my big chance,’ I thought—a chance to show everyone I am good enough. I dug deep, remembered everything I had learned in training and went for it. I broke the school record that day,” Akwaboah recalls.

Born in the UK, Akwaboah was brought to Ghana at a young age. He reunited with his family as a teenager to pursue higher education. He went to the University of Birmingham in the UK, where he obtained a bachelor’s degree in civil engineering and a Master’s degree in Engineering.

He joined Morgan Stanley in 2015 as Chief Operating Officer (COO) for Operations. Before joining Morgan Stanley, he worked as a software developer for many financial institutions in Europe.

After working at Morgan Stanley for a year, he became the Global Head of Shared Services Operations which includes managing the firm’s settlement and payments infrastructure. What’s more, he had an additional role as the chair of Morgan Stanley’s payment risk steering committee and member of the Federal Reserve Bank’s (FRB) Payments Risk Committee.

Akwaboah is now the new chief operating officer for Morgan Stanley’s technology and operations division. In his new position, Akwaboah will oversee the operations and technology strategy for the firm, including a team of 300 people.

“He brings significant experience, knowledge, and leadership skills to this strategically important role having led teams and worked across technology and operations functions during the course of his career,” Rob Rooney, the head of technology, operations, and firm resilience, said in a memo, according to the Business Insider.

Akwaboah has previously worked at Deutsche Bank in a number of Technology roles, including KPMG and IBM. He also worked at Royal Bank of Scotland for 10 years with his most recent role in the Asia Pacific as Chief Operating Officer responsible for Operations, Technology and Corporate Services across the region.

Finding business opportunities are one of Akwaboah’s hallmark. Thanks to his involvement, Morgan Stanley became one of the banks to co-lead a $3 billion bond sale for Ghana. Before that, the firm had never executed a deal with the government of Ghana.

Being separated by geographical boundaries does not limit Akwabaoha’s ability to undertake philanthropic activities in his country of origin. He is one of the major supporters of a hospital called the Foundation of Orthopedics and Complex Spine in Ghana. The hospital specializes in providing complex spine and joint replacement surgeries to adult and pediatric patients age 9 to 25.

In 2019, Akwaboah was honored with the 2019 Corporate Leadership Award at the FACE List Awards gala during the Pan-African Weekend.