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Advance Is On A Mission To Ensure That Black Toronto Professionals Get An Equitable Piece Of The Pie Within The Music Industry

Toronto, Canada, stands on business when it comes to the Black talent that’s being cultivated in its backyard.

Nov 28, 2023

Cameroonian Man Asks For $60K For His Jollof Rice Business And Wes Hall Offers Him $600K Instead

Sometimes you have to ask, and you really might receive. One Cameroonian in Toronto entered Canada’s “Dragon Den” — an unscripted television show that allows aspiring Canadian entrepreneurs to pitch for investments to a panel of venture capitalists — looking for an investment in his business. Ultimately, he left with more than what he was asking for.

Nov 9, 2022

Raptors' Pascal Siakam Gives Free Laptops To Young Girls In Toronto With A Goal Of Lessening The Gender Gap In Tech

Pascal Siakam is pushing to close the gender gap in tech. The Toronto Raptors player recently gave out free laptops to young girls in the city, according to Complex Canada.

Jun 24, 2022

Drake Donates $1M To LeBron James' I Promise School After His 'Biggest Hit Ever' Playing Roulette

God’s plan! As AfroTech just told you, Drake recently stitched a deal with online gambling company Stake with plans to share the wealth with others. In a clip posted by the artist on Instagram, he reveals he experienced his “biggest hit ever” during an online roulette game on the platform. Therefore, he decided it was time to deliver on his promise. “Anytime I get blessed like that, I always think it’s good karma that needs to be transferred,” he said. In a collaborative effort with both Stake and LeBron James, the duo invited Toronto student-athlete Michael, who plays at Royal Crown Academic School, alongside his mother to surprise them with $100,000 at Toronto’s Harbour 60 restaurant. In the clip, he shared that he would bless Michael. “I respect your hard work a lot but I respect work your hard work more. On behalf of me and my brother at Stake, we wanted to give you this. It’s $100,000 and hopefully, it just makes this journey just a little easier,” Drake said to Michael and his...

Mar 24, 2022

Drake Expresses Interest To Buy 'Iconic' Jamaican Patty Spot After The Announcement Of Its Closure

What started out as an interaction over Instagram may eventually turn into Drake adding a restaurant to his list of business ventures. Following the news of Randy’s Patties — a Jamaican restaurant in Toronto — shutting down on Feb. 26, the rapper showed great interest in coming in to save the day for his hometown’s food favorite. According to Complex Canada, eTalk anchor Tyrone Edwards announced the closing on his Instagram page, where locals dropped comments regarding their deep disappointment. Many online mentioned the news to Drake, in which he went on to chime in with his ambitious query for the iconic Jamaican establishment. “I’ll buy Randy’s right now,” the longtime supporter openly declared via Instagram. His response resulted in a wave of Randy’s Patties fans backing his statement, along with Edwards’ reply: “Soon link you, trying to get ahold of someone over there.” View this post on Instagram A post shared by Tyrone T-rex Edwards (@mr1loveto) Although Drake’s Instagram...

Feb 24, 2022

Raptors' Pascal Siakam Gives Back To Toronto Youth With $25K & Sneakers

When kicks drive the culture, it’s only right that they’re also used to drive change! Complex reports that Toronto Raptors forward Pascal Siakam will give back to the city through his nonprofit organization, The PS43 Foundation. The NBA superstar’s organization will partner with sneaker-based charity Kickback for a donation totaling in the amount of $25,000 equipped with 30 pairs of sneakers.

Feb 3, 2022

A Course On Drake & The Weeknd's Success Will Be Offered At A Toronto University In 2022

Drake and the Weeknd are Canadian powerhouses that have made their presence globally known. The music icons will be sharing a new stage together at X University — set to be renamed Ryerson University by Jan. 31, 2022 — for a class titled “Deconstructing Drake and the Weeknd” in their hometown of Toronto. The course will be taught by Hip-Hop expert, podcaster and writer Dalton Higgins who serves as a music professor in residence at the school, NOW Toronto reports. View this post on Instagram A post shared by Dalton Higgins (@daltonhiggins5) “I was pushing Hip Hop Pedagogy in high schools, writing chapters and lesson plans for various hip hop textbooks,” Higgins said in an Instagram post. “But the real fun & deep learning has only really just begun as I’ll be teaching a course about two Toronto-born music titans; Drake & The Weeknd in early 2022.” He continued: “It’s time to get our Canadian rap & R&B icons recognized & canonized academically or otherwise. And it is CRITICAL for...

Sep 22, 2021

Minority Equality Opportunities Acqusition Inc. Make History As First Minority-Led SPAC Traded On NASDAQ, Closes $126.5M IPO

This is history in the making! Minority Equality Opportunities Acquisition Inc.(MEOA) is now the first minority-led special purpose acquisition company (SPAC) traded on the Nasdaq Capital Market (NASDAQ). The company is currently trading under the “MEOAU” ticker symbol. As of Aug. 30, MEOA closed a $126.5 million upsized IPO of units including one share of Class A common stock and one redeemable warrant. The warrant allows the holder to purchase one share of Class A common stock at $11.50 per share. “In the last five years, we’ve seen exponential growth among minority women business owners. Black and Hispanic women business owners, alone, account for more than 50% of the growth,” Robin D. Watkins, CFO, MEOA exclusively shared with AfroTech. “What we have not witnessed, however, is an increase in the investment capital needed for minority businesses to scale. The IPO process gives MEOA the financial leverage to identify minority companies with stellar products and services and...

Sep 7, 2021