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MEDA, Obuntu Foundation to Empower Emerging African Fund Managers
By Adedapo Adesanya
The Obuntu Foundation, a catalyst for the next generation of Africa-focused Fund Managers, has partnered with Mennonite Economic Development Associates (MEDA), a global non-profit organization focused on economic development and entrepreneurship for the third cohort of the Obuntu Launchpad Programme.
The organisation has called for nominations for the programme, which will close on June 9, 2024. It allows African-focused fund managers to advance their investment approach, optimise fund outcomes and expand their impact.
The Obuntu Launchpad Programme, supported by MEDA, equips early-stage fund managers with the essential tools and expertise to build and operate successful funds within an African context.
The 12-month programme will provide tailored training, LP engagement opportunities, and a collaborative network for knowledge sharing and deal flow through mentorship, fundraising assistance, and promoting innovative fund models tailored to the unique needs of African startups. The fellowship features practitioner-led sessions by industry experts like Lewam Kefela (Partech), Andreata Muforo (TLcom Capital), and Fope Adelowo (Helios).
Since its launch in 2022, the Obuntu Launchpad Fellowship has successfully run two cohorts, supporting 24 fellows representing 21 funds with a combined target Assets Under Management (AUM) of $281 million. Notable alumni include Yewande Odumoso (Founding Partner, HoaQ), Aly El Shalakany (Managing Partner, Acasia), Thandeka Xaba (General Partner, Savant) and Emmanuel Adegboye (Head, Madica).
According to a statement shared with Business Post, the programme aims to nurture a vibrant ecosystem of skilled, innovative fund managers who continue to contribute significantly to the entrepreneurial landscape across the continent with achievements including more women participation, spread across several African countries including Egypt, Morocco, Nigeria, Kenya, Tanzania, Uganda, Namibia, Botswana, South Africa, Zambia, Mauritius, Côte d’Ivoire, and Senegal.
The partnership with MEDA will strengthen the Obuntu Foundation’s mission of empowering a thriving ecosystem of African fund managers. By attracting significant investments from both local and international backers, this collaboration injects vital capital into a continent where startups remain underfunded yet abound with potential.
Speaking on this, Wambui Kinya, Co-Founder of the Obuntu Foundation said, “We are excited to join forces with MEDA, an organization that shares our passion for empowering African entrepreneurs and driving economic development.
“This partnership validates our successes to date and will significantly enhance our Launchpad Fellowship, providing our Fellows with unparalleled access to MEDA’s vast network, resources, and expertise.”
“MEDA is thrilled to partner with the Obuntu Foundation as we need to do everything it takes now to build a continent with shared prosperity and sustainable, inclusive growth,” said Mrs Dorothy Nyambi, President and CEO of MEDA.
“This partnership is critical and represents our shared commitment to strengthening the impact investment ecosystem in Africa by enabling more women to lead investment vehicles thereby unlocking the full potential of African entrepreneurship to job creation for women and youth via investments in small and medium-sized enterprises,” she added.
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Unlocking Profitability: The Benefits of Hiring a Property Management Company in West Palm Beach
West Palm Beach’s vibrant real estate market beckons both seasoned and novice investors looking to reap substantial returns. However, property ownership comes with its fair share of challenges, including day-to-day maintenance, tenant relations, and the nuances of legal compliance. This is where the expertise of a property management company becomes invaluable. An efficient property manager can alleviate these burdens, permitting owners to enjoy their investments’ benefits with fewer headaches. Keep reading to discover how property management in West Palm Beach can enhance your real estate experience and profitability.
Unlocking Profitability: The Role of Property Management Companies in West Palm Beach
Property managers play a huge role in keeping rental properties profitable, especially in a competitive market like West Palm Beach. They handle the day-to-day work that often drains an owner’s time, from setting the right rental rates to advertising vacancies. Thanks to their knowledge of local trends, West Palm Beach Property Management teams help attract reliable tenants and keep units occupied.
They also serve as the bridge between owners and renters, managing everything from screenings and inspections to repairs and conflict resolution. By keeping properties well-maintained and responding quickly to tenant needs, they boost satisfaction and encourage long-term leases, ultimately protecting property value and strengthening steady cash flow for owners.
Enhancing Real Estate Value through Professional Property Management
Professional property management plays a key role in increasing long-term property value. These teams guide strategic upgrades and renovations that boost appeal and competitiveness in the West Palm Beach market. Consistent maintenance schedules protect essential features, prevent costly repairs, and support stronger property assessments. Skilled managers also anticipate market trends, directing improvements that align with evolving tenant expectations and help properties attract higher rents and responsible occupants.
By coordinating directly with contractors and service providers, they ensure all work meets professional standards while securing competitive pricing through established vendor relationships, giving property owners both savings and confidence in the care of their investment.
Streamlining Operations: How Property Management Saves You Time and Money
Property management services save investors valuable time by handling daily rental operations such as tenant acquisition, maintenance, and administrative tasks. Their expertise creates a streamlined system that frees owners to focus on growth or other pursuits. These firms also help reduce long-term costs through market knowledge, supplier discounts, and preventive maintenance that avoids expensive repairs.
They support strong financial performance with organized tracking of income, expenses, and profitability, making accounting and tax preparation easier. Their skill in budgeting and forecasting helps protect returns and keep investments on track, giving owners more flexibility while maintaining strong rental performance.
Attracting and Retaining Tenants with Expert Property Management Services
Property management companies play a vital role in attracting and keeping reliable tenants by using strong marketing tactics and thorough screening. Their tenant retention efforts, consistent communication, quick responses, and a respectful environment help reduce turnover and encourage long-term leases. Tenants feel more secure knowing they have a dependable point of contact for issues, which boosts satisfaction and stability.
Skilled managers also handle lease renewals and negotiations to maintain favorable terms. With deep awareness of tenant preferences and local market trends, they guide owners in adding desirable amenities that elevate a property’s appeal within West Palm Beach’s competitive rental market.
Navigating West Palm Beach’s Real Estate Legal Landscape with a Property Management Partner
Navigating property law and evolving regulations can be challenging for property owners, making legal compliance a complex task. Property management companies provide expertise in staying current with local, state, and federal laws, helping landlords avoid costly mistakes. They serve as advocates during tenant disputes or legal conflicts, managing issues professionally and, if needed, representing owners in court or negotiations.
These companies also draft and enforce comprehensive lease agreements, minimizing misunderstandings and fostering smooth landlord-tenant relationships. By implementing fair policies and rigorous safety measures, property managers reduce the risk of discrimination claims, safety violations, and other legal repercussions, ensuring both tenant protection and the long-term success of the property.
Altogether, engaging the services of a professional property management company in West Palm Beach is a shrewd investment in real estate success. Property owners benefit from the expertise that not only safeguards but also magnifies the potential of their assets, allowing them to enjoy the fruits of investment with minimal hassle.
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Pastor Ogbueli’s Abuja Night of Glory Holds Today
By Blaise Udunze
Momentum is gathering for the Abuja Night of Glory taking place today, Friday, December 5, 2025, at the main bowl of the Moshood Abiola National Stadium.
The crusade is being hosted by Dominion City Church headed by Pastor David Ogbueli and it starts by 7pm.
The all-night programme will feature dynamic worship leaders like Nathanial Bassey, Dunsin Oyekan, Theophilus Sunday, Chioma Jesus, Kaestrings, Sunmisola Agbebi Okeleye, Minister GUC, Ebuka Songs, Anthony Kani, and DC Angels.
Reputed as a teacher of righteousness and anointed minister of the gospel, evidenced by the miracles that have trailed his ministry, and one who champions the cause of the poor through empowerment initiatives, Dr. David Ogbueli will be joined by renowned ministers from within and outside Nigeria, including Evangelist Andres Bisonni, Dr. Charles Ndifon, Evangelist Dan Scott, Apostle Ikechukwu Nnajiofor, and several others.
Night of Glory has, in previous editions held across Nigeria’s cities, recorded remarkable results, such as immediate healings and freedom from chronic ailments, recovery of vision and movement after many years of paralysis, along with liberation from dependencies and emotional distress. Numerous participants have also shared testimonies of breakthroughs and big personal changes after the experience. Organisers state that this year’s event, in Abuja, is anticipated to exceed previous editions.
The event is intended for all individuals trusting God for divine intervention in any area of life.
Understanding the role of faith in the destiny of individuals and nations, a dedicated prayer session for Nigeria will take place during the crusade to tackle some of the current challenges being faced in the country and also to uplift he leaders and institutions before God.
Attendance is free, and registration is encouraged via the QR codes on event banners. Organisers expect a massive turnout as worshippers travel from across the country for what is anticipated to be a transformative encounter.
Adequate security and free transportation have been put in place ALL over the city of Abuja, while those outside Abuja are expected to join online.
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Rivers Speaker, 15 Other Lawmakers Leave PDP for APC
By Modupe Gbadeyanka
The Speaker of the Rivers State House of Assembly, Mr Martin Amaewhule, has defected to the All Progressives Congress (APC).
At the plenary on Friday, Mr Amaewhule joined the ruling party from the opposition Peoples Democratic Party (PDP), along with 15 other members of the state parliament.
This development comes some months after they had earlier declared their support for the APC in the wake of a crisis with the state governor, Mr Sim Fubura.
The lawmakers had an issue with Mr Fubura, which led to a state of emergency declared on the oil-rich state by President Bola Tinubu in March 2025.
This embargo was only lift in September 2025 after the duration of the six-month emergency rule in the state.
A few days ago, members of the Rivers Assembly passed a vote of confidence on President Tinubu, backing him to remain in office till 2031, when he would have spent eight years in office if re-elected in 2027.
Announcing their defection today, the lawmakers pinned their decision on the crisis rocking the PDP at the national level.
It is not certain if their political godfather, Mr Nyesom Wike, who is the current Minister of the Federal Capital Territory (FCT), will join them in APC.
Mr Wike, who governed Rivers State from 2015 to 2023, has been accused of instigating the crisis in the opposition PDP. He was expelled from the party last month at a national convention held in Ibadan, Oyo State.
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