Tag: African Development Center
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...
Governor Walz opens $30 million coronavirus small-business loan fund
Editor's note: Since the publishing of this story on March 27, there is an update from the African Development Center of Minnesota on how...
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...
Hussein Samatar Appointed to Minneapolis Library Board
The same day Central Connecticut State University in New Britain released a study ranking Minneapolis as the second most literate city in the country, the newly reelected mayor of that city, RT Rybak, appointed Hussein Samatar, a Somali businessman to the Minneapolis Library board on November 29.