Popular

Unilever Buys Sundial Brands—the Makers of SheaMoisture and Nubian Heritage

Sundial will operate as a standalone unit within Unilever.

Sundial Brands, the black-owned company behind natural body and hair care products SheaMoisture, Nubian Heritage, Madam C.J. Walker and nyakio has been acquired by Unilever.


Unilever made this move to "address underserved needs of multicultural and millennial consumers," according to Business Wire.

Details of the acquisition's terms have not been disclosed, but Sundial is expected to turnover around $240 million.

Sundial Brands' founder, CEO and Executive Chairman, Richelieu Dennis, who is also of Liberian descent, will continue to lead the business as it will operate as a standalone unit within Unilever.

This partnership will also yield the development of the New Voices Fund, an effort that will eventually scale $100 million, to empower women of color entrepreneurs.

While it's encouraging to see Sundial grow and expand its reach to the global community with this transaction, it doesn't change the fact that it will no longer be black-owned.

"The products [are] not gonna change, and we're not selling out," Dennis says in a video interview with Michaela Angela Davis for Unilever.

"The agreement is all about building the foundation," Esi Eggleston Bracey, the new EVP & COO of Unilever North America Personal Care says in the video. "Building off of it from the business and the products today."

Watch the video playlist to learn more below.

News Brief
Photo by ER Lombard/Gallo Images via Getty Images.

COVID-19 Cases Surge To Five Million In Africa

As the world approaches a post-pandemic era, South Africa, Kenya, Libya, Tunisia, Morocco, Ethiopia and Egypt top the list of countries contributing to Africa's alarming five million COVID-19 cases.

Africa has reportedly reached a highly concerning number of COVID-19 cases. Recent statistics show that over five million Africans have contracted the coronavirus since its discovery in 2019. These numbers are alarming despite Africa's large population of over 1.2 billion, marking a reported increase of 16 percent in death rates. South Africa, which is officially in a third wave, leads the numbers and accounts for almost half of the deaths across the continent. On the contrary, cases globally have been declining for the sixth consecutive week.

Keep reading... Show less
News Brief
Photo by Sebastian Gollnow/picture alliance via Getty Images.

African Diplomats Kicked Out Of South Africa For Selling Booze Illegally

So far, Lesotho and Malawi diplomats were expelled after South African officials discovered that they had been involved in illicit alcohol trading.

The Department of International Relations and Cooperation (DIRCO) of South Africa recently informed the Kingdom of Lesotho and Malawi that a number of its diplomats and their dependants were caught abusing their diplomatic privileges. The announcement also included the fact that the diplomats involved in this alcohol scandal have been declared Persona Non Grata in the Republic of South Africa and given three days to leave the country with their families.

Widespread media reports divulged how Lesotho and Malawi diplomats have been smuggling alcohol into South Africa without paying duty, and reselling it at local bars and restaurants. It is expected that over 200 diplomats from other countries accused of the same crime will also be kicked out in the coming weeks.

In response to the news, the Lesotho Ministry of International Relations announced that it condemned the actions of the diplomats, and was disappointed in the activities of its officers. It further stated that disciplinary action would follow once the officers returned to Lesotho.

Keep reading... Show less
News Brief

Watch Blxckie and Nasty C’s Music Video For ‘Ye x4’

Blxckie and Nasty C take over infamous Joburg inner city building Ponte in new striking visuals for 'Ye x4'.

Blxckie has finally released the visuals for "Ye x4", one of the hottest South African hip-hop songs currently. "Ye x4" is a watershed moment—Nasty C, a Durban native, jumps on a song with a rapper from his city whose rise was as ferocious and rapid as his.

For the song's visuals, Blxckie finds himself in what was once one of his wildest dream. He and Nasty C perform "Ye x4" at the basement of Ponte, an infamous residential building in Hillbrow, which is a huge part of the Joburg skyline with its animated Vodacom branding visible from any angle of the tower.

Keep reading... Show less

get okayafrica in your inbox

popular.

Nana Mensah's 'Queen of Glory' To Screen At The 2021 TriBeCa Film Festival

Ghanaian-American actress, writer and filmmaker Nana Mensah talks tenacity in filmmaking and telling immigrant stories from a joyful perspective.