Monthly Archives: April 2015

HBCU Money™ Business Book Feature – We Could Not Fail: The First African Americans in the Space Program


The Space Age began just as the struggle for civil rights forced Americans to confront the long and bitter legacy of slavery, discrimination, and violence against African Americans. Presidents John F. Kennedy and Lyndon Johnson utilized the space program as an agent for social change, using federal equal employment opportunity laws to open workplaces at NASA and NASA contractors to African Americans while creating thousands of research and technology jobs in the Deep South to ameliorate poverty. We Could Not Fail tells the inspiring, largely unknown story of how shooting for the stars helped to overcome segregation on earth.

Richard Paul and Steven Moss profile ten pioneer African American space workers whose stories illustrate the role NASA and the space program played in promoting civil rights. They recount how these technicians, mathematicians, engineers, and an astronaut candidate surmounted barriers to move, in some cases literally, from the cotton fields to the launching pad. The authors vividly describe what it was like to be the sole African American in a NASA work group and how these brave and determined men also helped to transform Southern society by integrating colleges, patenting new inventions, holding elective office, and reviving and governing defunct towns. Adding new names to the roster of civil rights heroes and a new chapter to the story of space exploration, We Could Not Fail demonstrates how African Americans broke the color barrier by competing successfully at the highest level of American intellectual and technological achievement.

HBCU Money™ Dozen 4/20 – 4/24


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.


The world’s first malaria vaccine could be rolled out by the end of year l New Scientist

Energica Ego Electric Superbike Drag Races Teslas, Ferrari, BMW l Clean Technica (Video)

Know a K-12th grader with a passion for nature & the environment? Look into PEYA student awards l EPA Research

The war of the whitespaces rages on among programmers l CSOonline

6 things women want at work l CIOonline

How to watch NBA playoff games without paying for cable l CIOonline

Federal Reserve, Central Banks, & Financial Departments

Is the World Economic Forum a hotbed of feminist thought? l World Economic Forum

See three reasons firms choose to become multinational on our On the Economy blog l St. Louis Fed

Video: A breakthrough in #DNA editing l World Economic Forum

Dr. HousingBubble: Return of the broke homeowner l HousingWire

Do you understand your company’s knowledge assets? l World Economic Forum

Read about the role of institutions in international trade l St. Louis Fed

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 /\ April 17, 2015

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) $10.25 (0.00% UNCH)

M&F Bancorp (MFBP) $4.50 (0.00% UNCH)

Radio One (ROIA) $3.72 (6.77% DN)

African Stock Exchanges

Bourse Regionale des Valeurs Mobilieres (BRVM)  267.38 (0.50% UP)

Botswana Stock Exchange (BSE)  9 852.30 (0.16% UP)

Ghana Stock Exchange (GSE)  2 262.76 (0.08% UP)*

Nairobi Stock Exchange (NSE)  172.55 (N/A)

Johannesburg Stock Exchange (JSE) 55 188.34 (0.92% UP)

International Stock Exchanges

New York Stock Exchange (NYSE) 11 192.94 (0.01% UP)

London Stock Exchange (LSE)  3 817.40 (0.24% UP)

Tokyo Stock Exchange (TOPIX)  1 618.84 (0.37% DN)


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Currencies Of The African Diaspora – Djibouti


Djibouti’s economy is based on service activities connected with the country’s strategic location as a deepwater port on the Red Sea. Three-fourths of Djibouti’s inhabitants live in the capital city; the remainder are mostly nomadic herders. Scant rainfall limits crop production to small quantities of fruits and vegetables, and most food must be imported. Djibouti provides services as both a transit port for the region and an international transshipment and refueling center. Imports, exports, and reexports – primarily of coffee from landlocked neighbor Ethiopia – represent 70% of port activity at Djibouti’s container terminal. Djibouti has few natural resources and little industry. The nation is, therefore, heavily dependent on foreign assistance to help support its balance of payments and to finance development projects. An unemployment rate of nearly 60% continues to be a major problem. While inflation is not a concern, due to the fixed tie of the Djiboutian franc to the US dollar, the artificially high value of the Djiboutian franc adversely affects Djibouti’s balance of payments. Djibouti’s reliance on diesel-generated electricity and imported food and water leave average consumers vulnerable to global price shocks. The government has emphasized infrastructure development for transportation and energy and Djibouti – with the help of foreign partners – has begun to increase and modernize its port capacity.





Source: Economy provided by CIA World Factbook Africa

HBCU Money™ Business Book Feature – Beyond Einstein: The Cosmic Quest for the Theory of the Universe


Beyond Einstein takes readers on an exciting excursion into the discoveries that have led scientists to the brightest new prospect in theoretical physics today — superstring theory. What is superstring theory and why is it important? This revolutionary breakthrough may well be the fulfillment of  Albert Einstein’s lifelong dream of a Theory of Everything, uniting the laws of physics into a single description explaining all the known forces in the universe. Co-authored by one of the leading pioneers in superstrings, Michio Kaku, and completely revised and updated with the newest groundbreaking research, the book approaches scientific questions with the excitement of a detective story, offering a fascinating look at the new science that may make the impossible possible.