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81% of VC firms don’t have a single black investor — BLCK VC plans on changing that

Venture capital has a diversity problem . BLCK VC , a new organization founded by Storm Ventures associate Frederik Groce and NEA associate Sydney Sykes to connect, engage and advance black venture capitalists, is ready for a new era in the industry. Their mission: Turn 200 black investors into 400 black investors by 2024. “We think of ourselves as an organization formed by black VCs for blacks VCs to increase the representation of black investors,” Sykes told TechCrunch. “You can look around and say well ‘I know five black VCs,’ but you can also say this firm does not have a single black VC, they may not even have a single underrepresented minority … We want to make firms reckon with the fact that there is a racial diversity problem; there is a lack of black VCs and every firm should really care about it.” BLCK VC has been at work since the beginning of 2018, building and expanding a network of black investors in the San Francisco area, Los Angeles and New York. They seek to provide a...

Emeka Offor Biography and Net Worth

Nigeria oil mogul and entrepreneur Sir Emeka Offor was born in Kafanchan situated in Kaduna state in 1957. He hails from Oraifite in Anambra state. He is the son of the late Bennett Offor. He attended Abbot Boys Secondary School and Merchant of Light School in Idemili Local Government Area of Anambra State where he sat for the First School Leaving Certificate in 1977.

His journey to a successful business career started at an early age when he worked under his uncle who showed him the ropes on how to successfully run a business. After gathering enough experience from his uncle he moved on to establish his first business enterprise in the mid-90s called the Chrome Group. With steadfast doggedness, he was able to break into the Nigerian oil and gas sector. Chrome Group is an internationally recognized professional service provider for oil and gas firms within and outside Nigeria. With specialties in the maintenance of refineries, digital inspection and the construction of natural gas pipelines. The group also manages investment holdings in areas such as telecommunications, insurance, power, and logistics.

Biography Table

























NAME        Emeka Offor
PLACE OF BIRTH  Kafanchan, Kaduna state
STATE OF ORIGIN      Anambra State
OCCUPATION         Business
NET WORTH  $4 billion dollars.

 

 

As a philanthropist, he is committed to contributing his quota to the development of the Nigerian child and Nigeria in general. He is an advocate of quality education which is evident in his many academic projects which include his donation of more than one million books, stationeries, computers and other learning facilities to educational institutions in the country. He also has a non-profit organization called the Sir Emeka Offor Foundation (SEOF) which is acclaimed as Africa’s largest donor of books and learning aids estimated to be worth 15 million dollars. The sole aim of SOEF is to assist in poverty alleviation and create a route for economic development with the hope of promoting the welfare of Nigerians, especially in fewer privileged regions.

He also contributed in developing his state of origin Anambra State by constructing the Oldest and largest market plaza in the state. Which was named as an attribute of his personality, He also operates a scholarship program which has provided assistance to students for over twenty years. The scholarship program is designed for students in tertiary institutions who have a desire for knowledge who is able to graduate with a first class degree from any institution in the country, beneficiaries are awarded a job opportunity and a brand new car.

Net Worth


Sir Emeka Offor is married to Nkiru Offor and blessed with eight children, five girls, and three boys. He is estimated to worth 4 billion dollars.

 

 He also operates a cooperative fund for widows with a membership of over three thousand people. Beneficiaries have the opportunity to be educated on running a cooperative business which has helped in empowering them in establishing their own SME with the assistance of microfinance banks.  He is a God-fearing Christian this he proved when he constructed an Anglican Church. He has also assisted in the construction of community road in Ekwusigo Local Government Area. He has also assisted in the development of his hometown in Oraifite with the provision of a water project to serve the four regions which make up Oraifite.

He was recognized by the Rotary International with an International service award in 2015 for his contribution to the eradication of Polio in the World.

 

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