10 African Americans & Diasporians We Wish Were HBCU Presidents

With so many HBCU presidents resigning and retiring we thought it would be a good idea to put together a list of people we here at HBCU Money would like to see take the helm as an HBCU president. HBCUs have been notorious for recycling presidents and thinking very inside the box when it comes to choosing leadership. Our list is anything but inside the box. The criteria for our list included a mixture of strong organization leadership and management, network access that they could tap into for fundraising and policy influence, high achievement background, and ultimately the ability to take our institutions to new plateaus of connectivity to the African Diaspora. Who are some that you would like to see lead an HBCU and why?

MR. KOFI ANNAN - The former secretary general of the United Nations from Ghana served two full terms as the man in charge of the organization that oversees the world’s nations. Needless to say he has the pedigree and connections that an HBCU would drool over. It takes a powerful and humble person to balance the needs, interest, and egos of countries. He would instantly raise the global profile of any HBCU he took the helm of and his strong connections on the continent of Africa would be an amazing asset for building the institutional bridge for HBCUs to Africa.

MS. KIMBERLY BRYANT  - If the early 20th century was the industrial revolution, then the early 21st century will be known as the technological revolution. In an effort to ensure African Americans do not miss out on it there might not be a more important voice than the founder of Black Girls Code. Teach the babies is always a resounding mantra among African American activist, but this is real activism. The doer she is has African American girls coding and engaging the STEM field on a level unmatched. Her connections and understanding of building a strong organization from the ground up and technology connections make her a powerful leader than an HBCU could use.

MR. FRED SWANIKER - Another Ghanian making waves. His pedigree alone as a McKinsey alum makes means he could probably fix or accelerate any HBCU in five minutes (hyperbole intended). Coming from arguably the world’s most prominent consulting firm he is use to solving problems and implementing sound long-term strategy. He has also been a serial entrepreneur and founded the African Leadership Academy, a boarding school in South Africa. Did we mention he is only 34?

DR. CONDOLEEZA RICE - By far the most controversial choice on our list. She was HBCU Digest founder J.L. Carter, Sr’s choice for the next president of Howard in an editorial piece for the publication. Whether it is Howard or another HBCU there is no denying Dr. Rice’s network. Put the politics aside, she is a brilliant woman who has ascended to powerful positions in ways that very few African Americans have under not one, but two presidents. She has a global profile and is an expert on Russia, which would come in handy for any HBCU looking to develop its international programs.

MRS. TERI WILLIAMS COHEE - The co-founder, chief operating office and senior vice president at the nation’s largest African American owned bank. After taking over a small Boston bank she helped build OneUnited bank into the only African American bank with a national footprint. She understands the importance of tying African American institutions together. Currently, there are no HBCUs that bank with African American owned banks. We are sure this would change in a hurry with Mrs. Cohee at the help of an HBCU. She has a rich financial background and would certainly have any HBCU she is at the helm of in top financial shape – even the financial aid department.

DR. NEIL DEGRASSE TYSON - STEM here, STEM there, STEM everywhere. We have already mentioned how important STEM has become and there might not be a higher profile African American in STEM than Dr. Tyson. He has spoken before congress on numerous occasions to increase funding to NASA programs and other STEM R&D programs. An opportunity to create an elite research program, recruit and develop strong STEM faculty, and develop cutting edge programs would definitely be to any HBCU’s favor.

MR. DAVID LAMMY - Here come the British. The first of two Afro-Britons make our list. In 2008, he was considered the eighth most powerful Afro-Briton male. At one point he was the UK’s Minister for Innovation, Universities, and Skills. He could open up recruitment for an HBCU to tap into the recruitment of Afro-Briton pipeline. Also, he founded and chairs programs to address improvement and development of black fatherhood initiatives. Bringing such an initiative here with his connections could bring in much needed research funding to an HBCU focused on community and social development.

LADY PATRICIA SCOTLAND - Our second Afro-Briton on the list and at one time the Guardian’s most powerful black woman in the UK. She has strong connections in the Caribbean where her family has a rich land ownership history. Her background as a family law attorney and judge in the UK has allowed her to rub elbows with Britain’s affluent, which would bring in much needed funding to an HBCU that she presided over. Her time as a minister of state like the aforementioned Mr. Lammy gives her strong organizational management skills to oversee a college and give it direction.

LT. GENERAL THOMAS BOSTICK - The head of almost 37 000 civilian and military engineers just may know how to run a high pressured organization. That is what Lt. General Bostick does as the head of Army Corps Engineers. The ACE has a R&D division meaning it is constantly trying to remain at the cutting edge of engineering development. Any HBCU with a strong engineering history or wanting to develop one should put in a call. Having access to funding from the department of defense would not hurt either.

DR. MICHAEL BLAKEY - Having oversaw the African Burial Ground National Monument project where they discovered the remains of 400 men and women and traditions associated with West Africa while at Howard University. He knows, loves, and appreciates the HBCU culture, but recognizes that there are changes that need and must be made to ensure HBCUs are at the forefront of the next generation.

HBCU Money™ Business Book Feature – W. Arthur Lewis and the Birth of Development Economics


W. Arthur Lewis was one of the foremost intellectuals, economists, and political activists of the twentieth century. In this book, the first intellectual biography of Lewis, Robert Tignor traces Lewis’s life from its beginnings on the small island of St. Lucia to Lewis’s arrival at Princeton University in the early 1960s. A chronicle of Lewis’s unfailing efforts to promote racial justice and decolonization, it provides a history of development economics as seen through the life of one of its most important founders.

If there were a record for the number of “firsts” achieved by one man during his lifetime, Lewis would be a contender. He was the first black professor in a British university and also at Princeton University and the first person of African descent to win a Nobel Prize in a field other than literature or peace. His writings, which included his book The Theory of Economic Growth, were among the first to describe the field of development economics.

Quickly gaining the attention of the leadership of colonized territories, he helped develop blueprints for the changing relationship between the former colonies and their former rulers. He made significant contributions to Ghana’s quest for economic growth and the West Indies’ desire to create a first-class institution of higher learning serving all of the Anglophone territories in the Caribbean.

This book, based on Lewis’s personal papers, provides a new view of this renowned economist and his impact on economic growth in the twentieth century. It will intrigue not only students of development economics but also anyone interested in colonialism and decolonization, and justice for the poor in third-world countries.

HBCU Money™ Dozen 7/14 – 7/18


Did you miss HBCU Money™ Dozen via Twitter? No worry. We are now putting them on the site for you to visit at your leisure. We have made some changes here at HBCU Money™ Dozen. We are now solely focused on research and central bank articles from the previous week.


10 Top Jobs by Salary for Social Media Pros l CIOonline trib.al/uvfc9TO

There’s almost a million fake apps targeting your phone l CSOonline bit.ly/1stmMjw

Chaos Computer Club bolsters NSA spying complaint with Tor snooping evidence l CSOonline bit.ly/1mY3zTq

24% Renewable Energy Over 27 Years — Is That All?!? l Clean Technica dlvr.it/6LrPM8

The universe is much, much brighter than it should be. Why? l New Scientist ow.ly/zgbkEpic.twitter.com/oO6VbC71uM

Researchers recreate conditions deep inside giant planets l Livermore Lab 1.usa.gov/1tWlWxk

Federal Reserve, Central Banks, & Financial Departments

House Gives Thumbs-Up to Marijuana Banking l Credit Union Journal bit.ly/1jBukhh

What private payroll employment numbers say about the labor market l St. Louis Fed bit.ly/1nprIyd

Social safety nets to protect people from loss of income on the rise among countries in Africa l World Bank wrld.bg/zejE9

New construction starts plummet 9.3% in June l Housing Wire hwi.re/6LsTyd

Teachers: Planning to teach about the Great Depression next school year? l Econ Lowdown bit.ly/1jRLIZI

Adding this one test could cut FHA default rates in half l Housing Wire hwi.re/6LTYzh

Thank you as always for joining us on Saturday for HBCU Money™ Dozen. The 12 most important research and finance articles of the week.

The HBCU Money™ Weekly Market Watch

Our Money Matters /\ July 18, 2014

A weekly snapshot of African American owned public companies and HBCU Money™ tracked African stock exchanges.


African American Publicly Traded Companies

Citizens Bancshares Georgia (CZBS) $8.60 (1.18% UP)

M&F Bancorp (MFBP) $5.13 (0.00% UNCH)

Radio One (ROIA) $4.91 (2.51% UP)

African Stock Exchanges

Bourse Regionale des Valeurs Mobilieres (BRVM)  237.13 (0.45% DN)

Botswana Stock Exchange (BSE)  9 200.56 (0.08% UP)

Ghana Stock Exchange (GSE)  2 332.62 (8.74% UP)*

Nairobi Stock Exchange (NSE)  151.55 (N/A)

Johannesburg Stock Exchange (JSE) 51 695.05 (0.18% DN)

International Stock Exchanges

New York Stock Exchange (NYSE) 10 968.38 (0.72% UP)

London Stock Exchange (LSE)  3 595.97 (0.13% UP)

Tokyo Stock Exchange (TOPIX)  1 263.29 (0.79% DN)


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HBCU Money™ Histronomics: 1920 Agricultural Census Of Colored Farms & Land Ownership

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  • Total American Farm Acres in 1920 – 956 million acres
  • Economic value of Total American Farm Acres – $66 billion
  • Total Colored Acres in 1920 – 45 million acres
  • Economic value of Total Colored Farm Acres – $2.5 billion
  • % of Total Farm Land Owned by Colored in 1920 – 4.7%
  • Average Colored Farm Acreage in 1920 – 47.3 acres
  • Average Economic Value of African American Farms in 1920 – $2 063

*Colored in the census encompasses African, Native, Japanese, and Chinese Americans. African Americans comprised 97.5% of the colored farm operators in 1920.

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African American Farm Land Ownership By State



Farms with a black or african american principal operator

  1. TEXAS - 929 003 acres
  2. MISSISSIPPI - 554 463 acres
  3. ALABAMA - 296 432 acres
  4. OKLAHOMA - 251 680 acres
  5. GEORGIA - 221 290 acres
  6. LOUISIANA - 192 287 acres
  7. SOUTH CAROLINA - 191 452 acres
  8. VIRGINIA – 176 571 acres
  9. NORTH CAROLINA - 152 899 acres
  10. ARKANSAS - 149 530 acres
  11. TENNESSEE - 102 196 acres
  12. FLORIDA - 92 324 acres
  13. NEW MEXICO - 61 300 acres
  14. CALIFORNIA - 32 932 acres
  15. KENTUCKY - 31 483 acres
  16. KANSAS - 29 174 acres
  17. MINNESOTA – 26 193 acres
  18. MISSOURI - 20 107 acres
  19. ILLINOIS - 19 843 acres
  20. OHIO - 11 883 acres
  21. MARYLAND - 10 065 acres
  22. MICHIGAN - 9 525 acres
  23. COLORADO - 7 368 acres
  24. IDAHO - 6 613 acres
  25. NEW YORK - 6 059 acres
  26. WASHINGTON - 5 744 acres
  27. MONTANA - 5 714 acres
  28. INDIANA - 5 704 acres
  29. NEBRASKA – 5 249 acres
  30. WEST VIRGINIA - 3 584 acres
  31. IOWA – 3 332 acres
  32. OREGON – 2 481 acres
  33. NORTH DAKOTA - 2 230 acres
  34. ARIZONA - 1 941 acres
  35. NEW JERSEY - 1 038 acres
  36. MASSACHUSETTS - 983 acres
  37. DELAWARE - 792 acres
  38. VERMONT - 740 acres
  39. MAINE - 363 acres
  40. UTAH – 344 acres
  41. CONNECTICUT – 118 acres
  42. NEW HAMPSHIRE  – 84 acres
  43. HAWAII - (D)
  44. NEVADA - (D)
  46. RHODE ISLAND - (D)
  47. SOUTH DAKOTA – (D)
  48. WISCONSIN - (D)
  49. WYOMING – (D)

TOTAL african american p.o. ACRES: 3 645 289

total uNITED STATES P.O. acres: 914 527 657

african american percentage of whole: 0.40%

Unemployment Rate By HBCU State – May 2014

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LOWEST: oklahoma – 4.6%

HIGHEST – kentucky & mississippi – 7.7%

ALABAMA – 6.8%





FLORIDA – 6.3%

GEORGIA – 7.2%









NEW YORK – 6.7%


OHIO – 5.5%





TEXAS – 5.1%