The Black Economics Website was first uploaded in 2005, following the Katrina Hurricane in New Orleans, USA; and the Race riots in Birmingham, UK of October 2005.

Our focus

Examining Wealth and Poverty, and the general Economic Status of black people around the world.

How can we make a change?

Black Economics is a focus on economic development within the African diaspora in the UK, USA and Canada and other countries. It is our opinion that given the talent, brain-power and wealth of resources within the black world, our progress as a race can be accelerated.

We do not subscribe to the concept that we are continually at the bottom of the pile. Great wealth is not the preserve of the white man. There are great things happening around the world in black communities, and we want to use this site to demonstrate this and inspire others to attain greater things. Additionally we want to showcases black businesses, and encourage all people to support them.

The information on this site is useful for any race, culture or nationality. It's good to be aware of what is going on in your world.

1) To debate the concept of the black pound (or the black dollar) worth £40 billion in the UK, $1 trillion in the USA, and many more billions in Africa, the Caribbean and South America. How can this black money be leveraged. Everybody wants it - but who is benefitting most from it?

2) To showcase good black businesses. Tell the stories of business owners who understand the concept of success – however it is done, whatever the commodity or service, and to whomever they can sell to.

3) To encourage more black people to start businesses - where real wealth can be attained. Create a product or a service, rather than be perpetual consumers.

4) To urge people to be aware of black businesses around them, and where possible - encourage the business owner - by becoming customers or clients of those black businesses.

5) To showcase top black professionals, who thrive in the corporate world.

6) To urge people of means, to invest in black businesses, even if they will not want to run those business themselves. Get to know the prospective business partner until there is trust, and use contacts and corporate knowledge to accelerate the growth.

7) To encourage people to work together, in Economic Empowerment Groups. United people can make a real improvment in their lives, and their businesses.

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Topics covered on this site include

• the historical and current analysis of the economical and social status of the African diaspora;
• the exploration of economic successes and failures;
• examination of the global economy;
• highlighting obstacles to development in the black world; noting the lack of investment in knowledge; and lack of funds; corruption; crime and exploitation;
• reviewing the progress (if any) made by black non-governmental organisations including churches; civil rights groups, socio-political groups and investment clubs.

Suggest a black business, organisation or top black professional to be featured on this site
Email: info@blackeconomics.co.uk

The name of this website was inspired by the book "Black Economics" by Jawanza Kunjufu

The book is a micro and macro-analysis of economic conditions in the black community which explores:

a) why black people earn only 61 percent of a white person's income, and this figure is falling

b) why most black people prefer to maintain a 'good job' rather than own and operate their own businesses, and

c) why African American consumers in the USA only spend 3 percent of their one trillion dollars in black businesses.

If that 3% was increased to even 20% would that not make a huge difference to the survival rate of many black businesses, and raising the economic status of business owners families?

May this website inspire you to make a difference.

We invite you to visit this site often. Read the articles, and support the businesses listed.

Donations from persons of any nationality or group are welcomed. Why not support and invest in black people who require funds to start a business, or expand existing businesses.

This business is set up as a Company and a Social Enterprise.
Its maintenance is dependent on Advertisers or Donations.
The shop sells useful information and products, so a purchase is helpful to us.

Donate here....

Global Market

Its a global world. We do encourage black businesses to ensure their business is mainstream, and patronised by all nationalities. White, Hispanic and Asian money is just as important as black money.

Similarly all nationalities are invited to support these businesses. Commerce should be colour blind.