19 de septiembre de 2019
ÚLTIMAS NOTICIAS:
Hispanic World

Afro-Brazilian movement aims to combat racism in country's business world

Nayara Batschke

Nayara Batschke

Sao Paulo, May 25 (efe-epa).- A new movement led by female Afro-Brazilian executives and entrepreneurs is striving to break down the barriers that prevent the nation's black population from making greater inroads in the business world.

The group's main objective is to combat the structures of influence and power that limit the entry and continued presence of people of African descent in the country's labor market, the founder of the "Black Money" movement in Brazil, Nina Silva, said in an interview with EFE.

Afro-Brazilians, who make up 54 percent of the population in a country of roughly 200 million inhabitants, spend around 1.7 trillion reais ($400 billion) a year but still make around 1,200 reais less per month than white workers

They also represent 66 percent of the 13 million unemployed persons nationwide and three-fourths of those in the poorest 10 percent of the population.

"Structural racism managed to dissect and marginalize the black population in such a way that we don't have healthcare, education nor access to credit," Silva said.

An executive and entrepreneur who has worked as an IT systems manager at large companies, Silva decided to launch "Black Money" after being inspired by a similar movement in the United States.

The initiative aims to promote the circulation of money and the provision of services within the black community, who historically have occupied the bottom rung of the pyramid in all socio-economic indicators in Brazil.

Responding to critics who question whether the movement is promoting a type of segregation, Silva's message is loud and clear: "racism is power structure and blacks don't have access to it. I'm not taking power away from anyone simply because I never had it."

"I'm not talking about meritocracy because that's a fallacy ... Women don't have the same starting point as men, just as blacks don't have the same starting point as whites, due to (Brazil's) historical context," she said.

Named one of Brazil's 20 most powerful women by Forbes magazine and as one of the 100 most influential people of African descent worldwide, business and entrepreneurship category by the Most Influential People of African Descent (MIPAD) organization, Silva says she has experienced racism first hand since she was a girl.

"Every time I excelled in anything, the mothers of the other students saw it as the school giving me extra help, since I was the only black student," said the 36-year-old executive and founder of D'Black Bank, who was born in one of Rio de Janeiro's largest favelas.

Although recently launched and still in the implementation phase, the "Black Money" movement has made impressive strides in a span of just two years.

It has formed partnerships with private technology companies, teamed with experts to teach courses on finance and conscientious consumption and offered a wide range of classes for those wanting to start their own businesses.

These programs have benefited people such as production engineer Aira Nascimento, who left her job of 10 years at a multinational company to open her own business.

"I always thought I should use my experiences and my sufferings as a black woman to help others. That entrepreneurial desire stems from my desire change something in this country," said the business leader, who has run her own consulting business and entrepreneurial training center in Rio de Janeiro for the past two months.

Silva, the ever-smiling founder of "Black Money," said she is optimistic about the future despite the "policies against diversity" being promoted by rightist Brazilian President Jair Bolsonaro.

"I say this is the time to transgress, rather than resist .. to create our own institutions, whether they be financial or educational," the executive said.

nbo/mc

Histórico de noticias
Jason Moran and his ode to jazz arrive at New York's Whitney Museum

New York, Sep 17 (efe-epa).- Jason Moran, considered to be one of the most innovative jazz musicians in the United States, has created an ode to that...

Greta Thunberg, activists urge Congress to act on climate change

Washington, Sep 17 (efe-epa).- Sixteen-year-old Swedish environmental activist Greta Thunberg, along with a group of indigenous leaders, on Tuesday demanded...

Nicaragua zoo welcomes scarlet macaw born in captivity

Managua, Sep 16 (efe-epa).- Nicaragua's National Zoo has welcomed a baby scarlet macaw, a species in danger of extinction, born in captivity at the zoo for...

Baseball legend Mariano Rivera receives Medal of Freedom from Trump

Washington, Sep 16 (efe-epa).- Panama-born baseball legend Mariano Rivera, the former New York Yankees pitcher, on Monday received the Presidential Medal of...

New York hairdressers look after Latino community's mental health

By Ruth E. Hernandez Beltran

Purdue Pharma files for bankruptcy as per settlement

New York, Sep 16 (efe-epa).- Pharmaceutical giant Purdue Pharma, the manufacturer of the highly addictive opioid OxyContin, has filed for bankruptcy in the...

Vaping: Roulette of chemical ingredients that can cause cancer

Washington, Sep 16 (efe-epa).- Electronic cigarettes contain a chemical flavoring compound that can cause cancer and that has been prohibited as an additive...

Hurricane Humberto intensifies, threatens US coast with strong waves

Miami, Sep 16 (EFE).- Hurricane Humberto continues intensifying in the Atlantic on Monday and threatens to pound the southeast coast of the United States...

Honduran president asks CentAm to work together to overcome common enemies

Tegucigalpa, Sep 15 (efe-epa).- Honduran President Juan Orlando Hernandez on Sunday urged Central Americans to unite to face "common enemies," including...

Venezuelans in forefront of new delivery operations in Ecuador

By Daniela Brik

Maradona makes stumbling debut as Gimnasia coach

Buenos Aires, Sep 14 (efe-epa).- Diego Maradona had a bitter first outing as the new coach for Gimnasia y Esgrima La Plata, falling to Racing Club 2-1...

Argentina's gov't to present new budget amid economic woes

Buenos Aires, Sep 15 (EFE).- Finance Minister Hernan Lacunza will present the proposed 2020 budget to the Argentine Congress this week, a budget that will...

UN proposes better education, security to protect religious sites

By Mario Villar

Bolivian indigenous people try to recover in aftermath of Amazon fires

By Gabriel Romano

Celebrities turn out to help Bahamas after Hurricane Dorian

San Juan, Sep 12 (efe-epa).- Almost half of the 2,500 people listed as missing after Hurricane Dorian devastated the northwestern Bahamas have been tracked...

Migrant advocate says Mexican gov't hindered by political realities

By Juan Manuel Ramirez G.

Bahamas officials estimate 2,500 missing after Hurricane Dorian

San Juan, Sep 11 (efe-epa).- Bahamas emergency authorities estimate that some 2,500 people are missing after the devastating passage of Hurricane Dorian...

Trump doesn't rule out easing Iran sanctions to pave way for Rouhani summit

Washington, Sep 11 (efe-epa).- President Donald Trump on Wednesday did not rule out relaxing US sanctions on Iran in the coming weeks, amid rumors that he...

Mexico's gov't pumps $5 bn in capital into Pemex

Mexico City, Sep 11 (efe-epa).- The federal government said Wednesday that it was pumping $5 billion in capital into Petroleos Mexicanos (Pemex), bolstering...

Trump rips Fed, urges rate cuts and zero interest rates

Washington, Sep 11 (efe-epa).- President Donald Trump renewed his attacks on Federal Reserve policy makers on Wednesday, calling them "Boneheads" and urging...

Trump threatens Taliban on anniversary of 9/11

Washington, Sep 11 (efe-epa).- President Donald Trump on Wednesday - the 18th anniversary of the 9/11 terrorist attacks - promised to escalate combat...

Apple opts for classic look with new iPhones, focuses on camera improvements

By Marc Arcas

TV series "Monarca" shows Mexico that doesn't ride burros or wear sombreros

Mexico City, Sep 10 (efe-epa).- The television series "Monarca," which will air on Netflix on Sept. 13, depicts a Mexico that is "current, that doesn't ride...

Tenharim tribe, the guardians of the Amazon, battling against wildfires

By Fernando Bizerra