FAQ

FREQUENTLY ASKED QUESTIONS

A. Maryland, USA


A. PurposeBlack Ethiopia Has 108 Founders


A. PurposeBlack Media is one unit of PurposeBlack which is responsible for promoting the PurposeBlack initiatives, services and products.


A. PurposeBlack marketplace in the ecommerce platform of PurposeBlack.


A. PurposeBlack Value Chain Corporation is responsible for processing raw agricultural products and producing quality products for local and international markets


A. Black Economy Excellence is established to provide economic solutions to the problems of Black people globally.


A. More than a billion people globally.


A. Multichannel marketing and sales strategy.


A. Because Africa is the place where investors get handsome returns and it has the fastest growing consumer population.


A. This is a new initiative.


A. No.


A. This depends on a lot of factors but the projection is an ROI of less than 4 years.


A. We will provide regular updates.


A. depends on the performance of the projects.


A. As soon as the full investment is made.


A. Yes, you may increase your investment at any time by purchasing additional shares


A. GIants like Amazon, Alibaba and Jumia in Africa


A. The unique vertically integrated product to consumer model the the project uses. We are also undertaking the mission of building 1 million black millionaires.


A. To become a global conglomerate and the largest social enterprise which primarily serves the black community and creates a perpetual collective wealth for the Black community globally.


A. January 2022


A. Yes, you can sell or transfer shares.


A. Yes you can.


A. Yes you can.


A. This depends on the products and services it provides.


A. Yes, you may purchase a share. There are considerations to be made. As such, please consult your lawyer and refer to the country of residence guidelines.


A. If a foreigner, there are requirements to invest. Please consult a lawyer with any questions. Ethiopians with a foreign passport can invest with a yellow card.


A. BEE is the overarching organization that owns PurposeBlack global. PurposeBlack ETH is an Local Licensee Operator (LLO) of PurposeBlack global.


A. Individuals Ethiopian - born and Ethiopian origin. If a company or organization based outside of ethiopia is interested in investing, an investment license is required.


A. This depends on the capital raised. Return of investment is said to be projected for the year 2026.


A. The funds will be allocated in 5 ways:


  1. 1.5 billion birr toward farming projects
  1. 3 billion birr toward 50 agroprocessing centers.
  1. 500 million toward PurposeBlack Media
  1. 1 billion birr toward 1000 distribution retail center
  1. 2 billion birr toward 5 hypermarkets
  1. 2 billion birr toward 10 supermarkets

A. We will still continue with the agro-processing projects until we reach our financial goals.


Puposeblack Media


This is the official logo of Purposeblack Media. – Purposeblack Media is a media organization established with the main aim of being a key contributor in uplifting black excellence. It is a platform for blacks all over the world to shine, to share experience, uplift each other and expose the unruly things that hinders them from prospering. The media logo is circumscribed in golden circle. The color gold is the color of success, achievement and triumph, which denotes the hidden treasure that lies within blacks all over the world. The Letter P in black is to refer to the first letter of the media company and the color is to symbolize black people, and within the letter is found the symbol for “play” which is to refer to the media, and the fact that it is found within the letter P is to intend that the media organization is more or less focused on uplifting back excellence.

Ke Geberew


This is the official logo of Ke Geberew, a sub initiative of Purposeblack Ethiopia that mainly hovers on the concept of establishing a direct link between the farmer and the consumer, where the consumer gets the products of the farm directly thus eliminating illegal middle men along the way, which in turn helps regulate the price of goods. The elements of the logo of ke geberew comprise a green hand gesture that denotes the consumer, the hand sign engulfs a farm field which is represented by the golden shape that has a pair of leaves. The consumer hands reach the product of the farm without the interference of middlemen. The upper golden arch represents a hope of link between the farmer and the consumer. The texts comprise of Amharic letter “ ከ” which means “from” and the letter Farmer both in Amharic and English.

Purposeblack Value Chain Corporation,


This is the official logo of Purposeblack Value Chain Corporation, again another sub initiative of Purposeblack Ethiopia. A value chain is all the activities and processes within a company that help add value to the final product. The logo Comprises of a looping chain which represents the actual chain flow or products, the looping paths are immersed in golden ink which is to represent that the values to be added have their signature print of Purposeblack.

Let’s work together


This is the official logo of Purposeblack Ethiopia’s Let’s work together. It is a campaign logo with the main aim of mobilizing different sectors in the country to join the organization and prosper together. The concept of the logo started with unity which is represented by the different elements of the logo composed together in a circular array. The multiple oval shapes represent different sectors and people and as can be seen their sizes are slightly different as we spiral around which represents the hierarchy in the organization.

Purposeblack Ethiopia


This is the official logo of Purposeblack Ethiopia. Purpose Black Ethiopia is a dynamic business established to offer an economic solution to Ethiopian People. It is a mother company which has a different subsets. It has a text logo which has an arrow integrated within the letter P. The arrow represents target and goal, it is to denote that the organization hovers on solving economic problems of blacks.

Purposeblack Africa


This is the official logo of Purposeblack Africa. Purpose Black Ethiopia is a dynamic business established to see an economically developed, influential and respected Black community in Africa and to link the people of Africa Economically. Just like Purposeblack Ethiopia, the logo is a text logo which has an arrow integrated within the letter P. The arrow represents target and goal, it is to denote that the organization hovers on solving economic problems of blacks.