Over the last few years or so, Diddy and Jay-Z have continually found themselves near the very top of Forbes' wealthiest acts in hip-hop list. Now, it looks like the two are combining their immense wealth to help Black people across the U.S.

In a new GQ cover story, Diddy reveals that he and Hov have teamed up to create a new app designed to help people locate Black-owned businesses. The idea, which is one that stems from the longstanding thought that Black people can empower themselves by building their collective wealth, is that their app will ultimately make it easier to help Black people help themselves.

Diddy makes a point to say that won't stop Black people from shopping other places, but rather, it will help Black businesses grow.

“This is not about taking away from any other community,” Diddy tells the pub. “We'll still go to Chinatown. We'll still buy Gucci!” He continued before laughing. “But the application will make it possible for us to have an economic community. It's about blacks gaining economic power.”

This news arrives just a day after it was revealed that Hov, who's voiced his issues with the justice system in the past, and Roc Nation were investing $3 million in a startup company by the name of Promise. The program is meant to be an alternative for non-violent offenders who can't afford to be in prison or make bail.

There's no word on when, exactly, Hov and Diddy's app will be hitting our iPhones and Androids, but it does seem like Diddy and Hov are hard at work on it. Here's to hoping we get more details really soon.

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