Business
Upcoming FITCC Conference – One-on-One with the Event Facilitator, Linda Anukwuem
…Says the event will validate demand for a Nigerian Consulate in Houston
The President of AIX LLC, the Houston-based facilitator of the FITCC Conference, Linda Anukwuem walked into the newsroom at the Texas International Guardian to shed light on a two-day international conference expected to attract a diverse group of entrepreneurs and industry leaders in America’s fourth largest city, Houston. Ms. Anukwuem spoke to the publisher, Dr. Anthony Ogbo. Below is the transcript:
Come October 24-25, the Fidelity Bank Plc. Nigeria will unveil its premier international trade and creative fair themed, Fidelity International Trade & Creative Connect (FITCC). Tell us, what is this event all about?
Thanks for this opportunity. The event is a unique platform to bridge the gap and support bilateral trade between Nigeria and Houston. Nigeria has a large diaspora community that resides in Houston and the neighboring cities which include Dallas, Austin, and San Antonio looking to engage in business activities back home. In addition, the event will bring over 100 exporters in various industries looking to transact with retail buyers, manufacturers, etc. The event will create an atmosphere to do business beyond borders. Networking and engagement will be instrumental to a successful outcome for the event and Fidelity Bank Nigeria.
In addition, the ITCC will take place at the George R. Brown (GRB) Convention Center, one of the 10 largest convention centers in America, and this event will be the first Nigeria-facilitated conference to be held at this convention center.
Anukwuem… “The proposed partnership with TSU will allow a working collaboration with the students depending on their choice of study. We are really excited about their participation and cannot wait to release more details soon.” Photo/International Guardian
Good to know that this event will create a path to doing business across and beyond borders. Tell us about the structure – what exactly would participants be expecting?
Attendees should expect the following: tradeshow, panel sessions, topic-focused breakout sessions, fashion show, networking, and B2B meetings. The discussions will feature experts, policymakers, and businesses from Nigeria and the United States to provide a more cohesive discussion allowing challenges, success stories, and solutions to be shared. Registration is very important due to limited seats for the panel and breakout sessions.
In addition, this trade expo will surely carry out the theme ‘Connecting Nigeria to the World’. Exporters will showcase authentic products including but not limited to textiles, food seasonings, and items displaying craftsmanship of what ‘Made in Nigeria’ truly exemplifies. The trade expo will be activated on both days from 9:00 a.m. – 4:00 pm. Please visit www.fitccusa.com to secure your complimentary registration
There is this video of Houston’s Mayor, Sylvester Turner, who just led a three-country trade mission to West Africa, acknowledging the city’s readiness to host this event. What part does the city of Houston play in this event? To Mayor Turner, who will out-serve his tenure in a few months, what does this event mean to him and the city?
Yes, that was a video by Mayor Sylvester Turner detailing the significance of this event and the City’s commitment to matters of international business, especially involving African affairs. Mayor Turner has been extremely supportive of the event and his office has shown the willingness to support within their capacity. The event has extended an invitation to the Mayor to welcome guests and attendees at the Fidelity International Trade & Creative Connect. We look forward to hearing a goodwill message from the Mayor at the Opening Session. We are also dialoguing with the Houston Airport System which is significant for their presence to support their quest to reactivate the direct flight to Lagos from Houston.
I truly believe the Fidelity International Trade & Creative Connect is an excellent opportunity to elevate the discussion and the need for a Nigerian Consulate which has been spearheaded by many in the Houston diasporan community and Mayor Sylvester Turner.
The ITCC will take place at the George R. Brown (GRB) Convention Center, one of the 10 largest convention centers in America.
Tell us about partnering entities of this event. We heard that FITCC is partnering with many other entities, including the Texas Southern University in Houston. Any details on this yet?
Yes, FITCC will be partnering with a few local entities including Texas Southern University. The proposed partnership with TSU will allow a working collaboration with the students depending on their choice of study. We are really excited about their participation and cannot wait to release more details soon.
From dignitaries to delegates and participants, who exactly are you expecting here?
Local officials including Mayor Sylvester Turner, Nneka Onyeali-Ikpe (CEO & Managing Director) Fidelity Bank Nigeria, Her Excellency Engr. Tamunominini Olufunke Makinde (First Lady of Oyo State, Nigeria), Benedict Oramah (President – Afrieximbank), Engr. Henry Obih (Independent Director-Fidelity Bank Nigeria), Ufo Eric-Atuanya (Senior Vice President, Global Business Development – Export-Import Bank of the U.S.), 97.9 The Box – G.T. Mayne
How could guests, partners, volunteers, etc. reach out to the event facilitators?
Complimentary registration to attend the event is available at www.fitccusa.com. For inquiries, please send us an email through linda@aixfirm.com or call us at +1 (832) 452-7784
In 2023, a group of Black investors based in Atlanta agreed to buy a white-owned bank, Holladay Bank & Trust, and convert it into a Black-owned one. The investors included Dr. Bernice A. King, a daughter of civil rights icon Dr. Martin Luther King Jr; Ashley D. Bell, a former White House policy adviser, and former NFL player Dhani Jones.
They planned to rename the Utah-based institution Redemption Bank and said they wanted to provide financial services to Black communities historically underserved by financial institutions while offering online banking services and small business loans.
The deal, which was awaiting regulatory approval, would mark the first time Black investors purchased a non-Black bank, a statement by Redemption Holding Company said at the time. It would also be the first time in American history that an existing commercial bank would become a Black-owned Minority Depository Institution (“MDI”) through acquisition, the statement added.
After two years, Redemption has finally completed its acquisition of Holladay Bank & Trust. It makes it the first time a bank has been owned by a Black-led investment group in the Western U.S., the AP reported this month.
The acquisition got delayed due to the collapse of Silicon Valley Bank in 2023, Bell, CEO and chairman of Redemption Holding, told the AP.
“This process has undoubtedly taken longer than any of us anticipated,” Bell said. “However, we are grateful for the diligence of the staff at the FDIC, the leadership of the (American Bankers Association), and the renewed sense of urgency from the new administration this year, all of which helped bring everything together.”
While Bell is the CEO, King is expected to be Redemption Bank’s senior vice president for corporate strategy and serve on the company’s advisory board.
With about $65 million in assets, Redemption Bank will be the first Black-owned bank not physically located within an economically vulnerable community and the first in the Rockies, according to the AP.
It will also be the only one located in the Black-banking desert that stretches from Houston to Los Angeles, the AP added.
The company will further become the 24th Black-owned bank in the nation, termed as Minority Depository Institutions (MDI). MDI is a federal designation for banks and unions that are owned or controlled by minority groups. The most recent MDI was Adelphi Bank, launched in January 2023.
U.S. hotel chains Hilton and Marriott have announced African expansion drives to tap into the continent’s rapid tourism growth.
Rising business and leisure travel on the continent has made it increasingly attractive for multinational companies and Hilton said on Wednesday that it plans to more than triple its African portfolio to more than 160 hotels.
The company plans to enter Angola, Ghana and Benin for the first time while returning to Madagascar and Tanzania, its statement said without providing a specific time horizon for the expansion plans.
Marriott expects to add 50 properties by 2027, it said on Wednesday. Those will include entry into five new countries: Cape Verde, Ivory Coast, the Democratic Republic of Congo, Madagascar and Mauritania.
The group’s existing African portfolio encompasses nearly 150 properties and 26,000 rooms across 20 countries and 22 brands.
Airlines have also increased their African capacity.
Emirates now offers 161 weekly flights across Africa, recently adding daily services to Entebbe and Addis Ababa. United Airlines launched a direct Washington-Dakar route in May and Delta will begin a seasonal daily flight to Accra in December.
International arrivals to the continent rose 9% year on year in the first quarter of 2025, the United Nations World Tourism Organization says, 16% above the same period of pre-pandemic 2019.
That momentum is translating into economic impact. Tourism accounts for between 3% and 7% of gross domestic product in countries such as Kenya, Morocco and South Africa, and up to 15% in tourism-heavy economies such as Namibia, World Bank and national statistics show.
Business
AfricanShowcase 2025 Set to Transform Barking Town Centre into a Celebration of African Culture and Commerce
Barking Town Centre will come alive with the sights, sounds, and flavors of Africa as AfricanShowcase 2025 arrives for a one-day festival spotlighting the continent’s vibrant culture, commerce, and creativity.
Set for Wednesday, August 13, this dynamic event will feature over 30 curated stalls offering authentic African wares—from handwoven textiles and artisan jewelry to gourmet delicacies and unique cultural artefacts. Designed as both a cultural festival and a business platform, AfricanShowcase connects the public, press, and buyers directly with African creators and entrepreneurs.
Festivalgoers can expect a packed lineup of live entertainment, including performances by drummers, dancers, poets, and singers from Gambia, Ghana, and Nigeria. A high-energy runway fashion show will highlight cutting-edge African designers, while interactive workshops will invite participants to try traditional Kente weaving and head wrap styling.
The event also boasts uplifting music by Afrobeats DJs and a local gospel choir, along with a lively cultural procession that will wind through Barking Town Centre.
Sponsored by LemFi, Abfoods, Mr. Fatai Abiola, and 1Accord Living Ltd, the showcase is proudly supported by the London Borough of Barking and Dagenham Council and Town Centre Manager Lianne Douglas.
“AfricanShowcase is more than a market—it’s a celebration of Africa’s rich heritage, a platform for African businesses, and a joyful reminder of the beauty of cultural exchange,” said Ola Mustapha, Founder of Kiskirine Events Ltd.
Launched in Brent in 2003, AfricanShowcase has evolved into a signature event for celebrating African excellence in the UK, drawing crowds from across the capital. The 2025 edition promises a vibrant day of community, connection, and cultural pride.