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Angel Reese and Magic Johnson have more in common than just their love of basketball. Both Johnson and Reese have found success beyond the sport. In the business world, this has translated into significant achievements for the two: Johnson is now a billionaire , and Reese has established herself as a multi-millionaire student-athlete who successfully transitioned to the WNBA and now holds a multi-year partnership extension with Reebok. Furthermore, the pair share even more common ground: a vision for financially empowering communities. According to its website, the Magic Johnson Foundation’s mission includes providing economic empowerment in ethnically diverse urban communities, while the Angel Reese C. Foundation shares a similar mission, with a specific focus on girls. “The Angel Reese Foundation is dedicated to fostering equity for girls and underrepresented groups through innovative and impactful initiatives. Our main objective is to ensure equal opportunities for all girls in...
Hip-Hop icon RAKIM is aligning himself with artificial intelligence (AI). According to a news release, the rapper, who released the studio album “G.O.D.’s Network” in 2024, is now the founder of the fintech platform Notes Technology, which will benefit artists by providing them access to loan and credit providers to fund creative projects, AI-powered education around financial literacy and entrepreneurship, and fintech tools to manage capital and income. By merging music, finance, and technology, Notes seeks to empower artists with the tools they need to succeed and maintain control over their careers. “With Notes, getting ‘paid in full’ is beyond just the money, it’s also about the knowledge and understanding of the urban music game from a position of being conscious of how it all works as a business, and how to leverage that to thrive and succeed as independent urban music artists and creators,” RAKIM said in a statement shared on the company website. Notes Technology’s other...
Michael Rainey Jr. has teamed up with partners to launch a financial literacy initiative that will benefit his hometown of Staten Island, NY. Hot97 reports the actor has collaborated with the Restoring America through Recovery Education (R.A.R.E.) Foundation, which aims to provide financial education and training to underserved communities. “We are dedicated to giving every individual the opportunity to recover, improve, and thrive financially. Our mission is rooted in the belief that everyone, regardless of their past or current circumstances, deserves a respectable chance to achieve financial stability and success,” its website reads. The partnership facilitated Rainey Jr.’s appearance at Port Richmond High School, where he shared his personal journey in wealth building and provided meaningful advice to students. “As a kid being in this room I would definitely go home, ask my parents what their credit score is and then start the conversation of when can I become an authorized user...
Tierra Whack wants to normalize conversations around financial literacy. The rapper, originally known as Dizzle Dizz, has teamed up with Venmo for its financial education series, “Money Talks.” The series features a range of artists and entrepreneurs, some of whom are Whack’s peers. Kicking off its second season, Whack sat down with North Philadelphia designer and seamstress Adriana Williams, who works a 9-to-5 while scaling her lifestyle brand. “We realized, we have so much in common and we had the same struggles,” Whack, a North Philly native, told AFROTECH™. “I really was like enlightened when I was talking to my friends, when we were filming. I’m like, ‘Yo, this is crazy.’ These are friends I talk to almost like at least twice, three times a week. And then we sat in front of the camera and I’m like, ‘Yo, I never knew you were going through this. I didn’t know.’ I don’t know what it is about us, but that’s just kind of like the unspoken thing. Venmo helped us break the ice. I...
Through their foundation, Stephen and Ayesha Curry plan to invest $25 million in Oakland, CA, over the next five years. As AFROTECH™ previously told you, the couple are founders of the Eat. Learn. Play. Foundation, which is intended to improve the lives of children through increased literacy rates, healthy meals, and opportunities for active lifestyles. Their work is being carried out in their “adopted hometown” of Oakland. In 2022, the foundation committed to building 150 libraries across Oakland and bringing 30,000 books into the hands of the youth. Additional efforts over the years have included $5 million in grants to support tutoring across more than 20 elementary schools, $2.5 million in grants allocated to libraries and teachers, and the remodeling of two elementary school libraries, according to a press release shared with AFROTECH™ . Photo Credit: Eat. Learn. Play. Foundation $25M Commitment Eat. Learn. Play. Foundation continues to scale its commitment in light of a $25...
Keturah Orji isn’t your average Olympian. As a force in track and field, Orji is attending the 2024 Olympics through the USA Track and Field team. Her eyes are set on the gold as her retirement plans are underway. Orji is a two-time Olympian and a 10-time U.S. champion in the sport. When she’s not on the track, she is committed to helping to spread financial literacy to others, especially the youth in her community. “When people believe in you, you’re able to accomplish so much more,” Orji told AFROTECH™. With a busy schedule, she said she still wants to find time to use her love for learning to inspire others. Importance Of Financial Literacy As a financial planning major in college, Orji took courses on wealth management, retirement planning, and various money-related topics . “It opened my mind to how much information there is that we’re not exposed to,” she said. “I didn’t grow up knowing any of that; I only knew about saving.” As a full scholarship student at the University of...
Pharrell Williams’ action of clearing student debt has contributed to a good cause. As AFROTECH™ previously told you, the record producer and philanthropist surprised five NAACP student leaders with the news at the start of the Something In the Water Festival in Washington D.C. on June 17, 2022. Among the recipients at the time were Robyn Hughes, a junior at Southern University; Damarius Davis, an alumni of North Carolina A&T; Jamie Turner, an alumni of Norfolk State University; Channing Hill, a senior at Howard University; and Devan Vilfrard, a senior at Florida A&M University. Breaking: #SomethingInTheWater just announced they’re paying the student debt of all 6 panelists/NAACP members! #CancelStudentDebt pic.twitter.com/BqBS9AqIoc — NAACP (@NAACP) June 17, 2022 “Throughout my 3 years at Howard University I had personally accumulated over $18,000 in student loan debt and that figure becomes multiplied when you add on the loans my parents have accumulated,” Hill wrote in her...
Co-hosts of the “Earn Your Leisure” (EYL) podcast are bringing more financial education to the masses, and it’s a full-circle moment. During an interview with Bloomberg, Rashad Bilal and Troy Millings revealed they are piloting financial literacy courses in 10 public high schools in the Bronx neighborhood in New York City. Reflecting on their own adolescence, they recalled the lack of exposure to such education. They have also observed minimal change in the schools today, reinforcing the importance of the curriculum. “If you think about New York City, the capital of capitalism, but financial literacy is not mandatory in schools, and the school that we went to, there was no financial literacy 20 years ago, and there’s no still financial literacy to this day,” Bilal, a financial advisor, explained, according to Bloomberg. “So, we developed a financial literacy curriculum for different modules: investing and financial literacy; entrepreneurship; savings; investing; credit.” EYL’s...
Dance transcends the arena stage for Larry and Laurent Bourgeois, otherwise known as Les Twins. While our favorite duo continue to impress audiences on Beyoncé’s Renaissance World Tour, they have taken up other avenues to spread positivity and make a difference.
Goalsetter is going from online to the classrooms! Founder and CEO Tanya Van Court’s financial literacy platform has joined Clayton County Public Schools (CCPS) to provide financial education, developed according to Jumpstart.org and Council for Economic Education, to high schoolers, per a press release shared with AfroTech. The partnership comes after Georgia’s financial literacy curriculum mandate for high schools, which is required by districts to implement by the 2024-2025 school year — making CCPS a year ahead. While checking off the mandate for high schools, the CCPS students are set to have access to savings and investment accounts. Over 3,300 11th and 12th are expected to start their financial freedom journey. “We are proud to establish a partnership with Goalsetter to strengthen financial literacy among our students as they continue their K-12 matriculation and become successful adults,” said Dr. Morcease J. Beasley, Superintendent/CEO of Schools, per the press release. He...