Executive Director Hussein Samatar is a recipient of the 2009 Minneapolis/St. Paul Business Journal’s Minority Business Awards for his leadership with the African Development Center. He was recognized with other top minority business owners, corporate executives and advocates in the Twin Cities.
According to a statement by the group, “The minority business community is one of the fastest growing segments of business, and the Minneapolis/St. Paul Business Journal is proud to recognize the area’s top minority business owners, corporate executives and advocates.
Over the past 16 years, Hussein Samatar has accomplished more than most people can hope to. Samatar is executive director of the African Development Center (ADC) of Minnesota, which provides microloans and business-management training to African immigrants. The ADC, which Samatar founded in 2004, has a loan portfolio of more than $10 million.”
Samatar is an innovator and visionary whose work continues to shape the landscape and future of Minnesota’s African immigrant community. Entrepreneurs and families throughout Minnesota benefit from his leadership.
Samatar is among a talented pool of individuals who were selected from a competitive group of nominees. He was recognized as one of the top corporate executives in the area, and was honored for making a difference his industry, business and the community. Samatar is undoubtedly a pioneer of economic development in the African immigrant community and an inspiration for many.
The Minneapolis/St. Paul Business Journal’s Minority Business Award highlights his vital contributions to the community at large. Samatar has created several culturally-conscious alternative finance products to better serve Minnesota’s changing demographics, and he continues to address emerging trends and topics to financial, governmental and other community institutions.
Source: HOL
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