Socialize

Home » Archives by category » Business (Page 3)

ARC sells Microfinance Bank to Liberian Diaspora

ARC sells Microfinance Bank to Liberian Diaspora

The American Refugee Committee, based in Minneapolis, has sold its Liberian Microfinance Bank, Liberty Finance, LLC to DCRB Investments. DCRB is a company registered in Liberia and includes former members…

BMO Harris is banking on Malagasy-born Ravelomanantsoa

BMO Harris is banking on Malagasy-born Ravelomanantsoa

The lady credited with making BMO Harris bank a successful mainstay on the now thriving Lake Street corridor in South Minneapolis, Felicia Ravelomanantsoa, has been elevated to Small Business Banking…

Nairobi chosen to host African Institute for Remittances

Nairobi chosen to host African Institute for Remittances

The African Union (AU) Executive Council, has selected the Republic of Kenya to host the African Institute for Remittances (AIR). The Council asked the African Union Commission to conclude the…

African Development Center names Nasibu Sareva as permanent Executive Director

African Development Center names Nasibu Sareva as permanent Executive Director

The Minneapolis based African Development Center this week confirmed Nasibu Sareva as its permanent executive director. The ADC board named him interim executive director last September following the August 25,…

Little Africa lifts off

Little Africa lifts off

Only two weeks ago Abdi Warsame was elected to the Minneapolis City Council, becoming the highest-ranked elected official of Somali decent in the country. The overwhelming support he received reflects…

5 African countries included in T-Mobile’s “Free International Roaming”

5 African countries included in T-Mobile’s “Free International Roaming”

Starting Oct. 31, T-Mobile customers with its Simple Choice plans will be able to send text messages and access data for free in about 100 countries. They can also make…

Somali-Americans send estimated annual $215 million in remittances

Somali-Americans send estimated annual $215 million in remittances

Since the civil war erupted in Somalia more than two decades ago, thousands of families have flocked to the United States and left some of their loved ones in the…

Kenya County governments show strong presence at U.S.-Africa Business Summit

Kenya County governments show strong presence at U.S.-Africa Business Summit

Moiro Omari had never been to the United States before but that did not stop him from taking the invitation to attend the U.S.-Africa Business Summit in Chicago seriously. Omari…

U.S.-Africa Business Summit: ‘Book Knowledge’ alone not enough to overcome leadership gap in Africa

U.S.-Africa Business Summit: ‘Book Knowledge’ alone not enough to overcome leadership gap in Africa

CHICAGO – African countries have made strides in producing educated people with the ability to run businesses and organizations but more needs to be done to equip them with the…

China a hot topic at the U.S.-Africa Business Summit

China a hot topic at the U.S.-Africa Business Summit

CHICAGO – An undercurrent of China’s influence in Africa has become a topic of intense conversation at the 9th biennial US-Africa business summit which kicked off formally this morning. The…

Aliko Dangote to build $400 million cement factory in Kenya

Aliko Dangote to build $400 million cement factory in Kenya

Nigerian businessman and Africa’s richest man, Mr Aliko Dangote, Thursday announced plans to put up a Sh35 billion ($400 million) cement factory in Kenya as the two countries pursue stronger…