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...
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 pipe...