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What happened: President Joseph Nyumah Boakai of Liberia delivered a historic keynote at The National Business League's 124th National Black Business Conference, emphasizing economic collaboration between Black American businesses and Africa. Over 3,000 attendees gathered in Atlanta to explore partnerships aimed at strengthening economic ties and opportunities for Black-owned businesses. Why it matters: Co-hosted by the National Alliance for Black Business, the National Black Chamber of Commerce, and the World Conference of Mayors, the conference symbolizes a renewed commitment to economic empowerment. President Boakai’s address underscored a legacy dating back to Booker T. Washington, who in 1907 played a crucial role in securing Liberia’s independence from European colonial threats, helping to establish a Pan-African foundation that still resonates today. Key outcomes: 32
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What happened: Sierra Leone’s Ambassador to the U.S., Ambassador Sidique Abou-Bakarr Wai, highlighted the powerful role of women-led businesses in the U.S. economy, contributing $3 trillion in output and creating 23 million jobs. This announcement coincides with the launch of the Connecting One Million Women Who Trade (CWT) initiative, aimed at empowering women in the global trade industry. Why it matters: Women entrepreneurs are recognized by the World Bank as key contributors to global economic growth and poverty reduction. The CWT initiative, supported by the National Black Chamber of Commerce (NBCC), Blueprint, and Oakwood Green Africa, seeks to increase women’s participation in trade from 25% to 40% within five years, impacting industries in Africa, the Americas, and the Caribbean. Key voices: Ambassador Wai: “Women-led businesses in the U.S. drive economic prosperity
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What happened: The National Alliance for Black Business (NABB), co-founded by the National Black Chamber of Commerce and The World Conference of Mayors, expressed gratitude to Amazon for their critical support of the 124th National Black Business Conference. Held virtually, the conference united over 2,700 Black-owned businesses, professionals, and leaders from 32 Pan-African countries and 433 delegates, marking an unprecedented gathering of Black economic empowerment. Why it matters: Amazon’s sponsorship helped achieve major milestones, including facilitating $10 million in contract opportunities, hosting 82 workshops, and engaging 152 Black-led organizations and 34 corporate sponsors. The digital event reached 1.5 million social media impressions, showing Amazon's commitment to global Black business growth and collaboration. What’s next: The NABB has announced the
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