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Stearns Bank gives African Development Center $10M for underbanked community lending
African Development Center (ADC) just got a $10 million boost from St. Cloud-based Stearns Bank to expand financing in underbanked communities in central Minnesota.
The...
African Development Center receives $1 million grant from Otto Bremer Trust
The African Development Center received a million-dollar funding grant from the Otto Bremer Trust. The donation came after years long relationship with the organization...
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...
Nasibu Sareva named Interim Executive Director at African Development Center
Nasibu Sareva, the Chief Financial Officer (CFO) at the African Development Center (ADC) has been named Interim Executive Director by the center's board following...
Hussein Samatar, founder of the African Development Center, dies at 45
Hussein Samatar, a Somali-American former banker turned entrepreneur and politician, died yesterday (Sunday, August 25, 2013) following complications from leukemia. He was 45.
His death...
African Development Center Celebrates Success
Says invested monies on clients up 1,900%
The African Development Center held its second annual celebration on June 3 to highlight its achievements for the past year. ADC is a community development corporation that assists African immigrants in business planning and ventures as well as buying homes.
The best African music performance Grammy is new. Its global appeal is not
ABUJA, Nigeria — From an electrifying and colorful musical performance at the FIFA World Cup to a new Grammy Awards category, African music genres...
Discussion of economic potential of African immigrants takes centerstage at annual conference
After three successful conventions, African Economic Development Solutions (AEDS) returned for the annual African Leadership Conference. The theme for this year’s event, which was...
ACER and IBWIG take ownership of Shingle Creek Center in Brooklyn Center
Brooklyn Center’s Shingle Creek Center is under new ownership. The strip mall, across the street from the Hennepin County Regional Center, now belongs to...
African community cementing Minnesota presence with groundbreaking of cultural plaza
For the ninth year, African immigrants in the Twin Cities recently held the Little Africa Festival and Parade to showcase the continent’s diverse cultures....
Black Business Week: Women of East African origin discuss barriers to entrepreneurship and growth...
Businesswomen from Minneapolis’s East African immigrant community said lack of access to networking resources, training, and capital were some of the greatest barriers to...