African American Shared Enterprise, LLC (AASE) is committed to building a powerful global network that unites Black people economically, culturally, and strategically. At the heart of this report is the recognition of the immense producing, purchasing, investing, and business-generating power of Black People in America and the imperative to connect these strengths with Black People globally for sustainable economic development.

We assert that economic self-determination and strategic global alliances are the cornerstones of a thriving and independent future. This report outlines how African Americans, particularly Black men and women in the U.S., can methodically, strategically, and intentionally connect with African-descended people worldwide to generate interlinked economic growth.

I. African American Economic Power: 2025 Snapshot

1. Producing Power

  • African Americans contribute over $1.6 trillion annually to the U.S. economy (Selig Center for Economic Growth, 2023).

  • Black-owned businesses in the U.S. exceed 3.5 million (U.S. Census Bureau, 2024).

  • The majority of Black-owned businesses are concentrated in:

    • Professional services

    • Health care

    • Transportation & logistics

    • Beauty & personal care

2. Purchasing Power

  • African American purchasing power projected to reach $1.8 trillion by 2025.

  • Black consumers over-index on key product categories:

    • Haircare and skincare products (spending 9x more per capita)

    • Media and entertainment (over 50% more time spent on streaming platforms)

    • Apparel, shoes, and accessories

  • Black millennial and Gen Z consumers lead in social media-driven buying behavior, creating trends with global ripple effects.

3. Investing Power

  • Rise in Black-led investment clubs, crowdfunding, and real estate syndicates across urban centers.

  • Black People in America are increasingly investing in:

    • Cryptocurrency

    • African real estate and agribusiness

    • Diaspora-focused mutual funds and ETFs

  • More than 60% of African American millennials express interest in investing in Africa or the Caribbean (WorldRemit Diaspora Study, 2024).

4. Business Generating Power

  • Black entrepreneurship is growing faster than any other demographic in the U.S. (Kauffman Foundation).

  • Black women are the fastest-growing group of entrepreneurs.

  • Opportunities for scalability are strongest in:

    • Tech

    • Green energy

    • Food and beverage manufacturing

    • Textile and garment production with African ties

II. Economic Connectivity: African Americans and the Global Black Community

A. Diaspora-Africa Economic Corridors

  • The African Continental Free Trade Area (AfCFTA) opens new cross-border opportunities for diaspora investors.

  • African Americans can tap into:

    • Agri-export partnerships

    • Manufacturing value chains

    • Cultural tourism ventures

  • Ghana, Nigeria, Rwanda, and Kenya are actively recruiting diaspora capital through repatriation incentives and special economic zones.

B. Digital Infrastructure

  • E-commerce, virtual banking, and mobile money services allow African Americans to:

    • Launch joint ventures with African partners

    • Sell products and services globally

    • Participate in cooperative investment circles

C. Shared Cultural Economy

  • Music, fashion, food, and storytelling unite African Americans with their global cousins.

  • Black Americans’ cultural capital can be monetized in:

    • Global streaming

    • Creative arts

    • Afro-futuristic education & design

    • Spiritual retreats and heritage restoration tourism

III. Vision Forward: “No Limits, No Bounds”

At African American Shared Enterprise, we believe Black people globally are not disconnected, just unlinked by design. Our mission is to forge these vital links through:

  • Data-informed strategy

  • Pan-African trade networks

  • Equitable ownership structures

  • Technology-driven collaboration

Together, we build bridges, not just in spirit, but in commerce, innovation, and prosperity.

“We’re building tomorrow, today—together.”

Contact Us

African American Shared Enterprise, LLC
Email: africandiasporaunitygroup@gmail.com