General
AfDB Denies Involvement in East African Crude Oil Project
By Adedapo Adesanya
The African Development Bank (AfDB) has denied claims that it is involved in plans to provide financial support to the East African Crude Oil Pipeline Project (EACOP).
In a statement released over the weekend, the African lender refuted the claims which reference a letter by a group of civil society organisations and climate change advocates asking the institution to withdraw from the project due to its potential social and environmental damage.
A letter from various environmental groups was sent to the AfDB President, Mr Akinwumi Adesina, in mid-March asking the bank to reject a request for funding the EACOP plan.
There had been reports that Uganda and Tanzania plans to secure assistance from the AfDB on the pipeline plan.
However, AfDB said, “The NEPAD Infrastructure Project Preparation Facility (NEPAD-IPPF) has not provided financing to any Private Sector Company for upstream oil or gas pipeline projects in East Africa.
“No commitment was, therefore, made to any party to fund the East African Crude Oil Pipeline Project. The project is not included in the Bank’s lending program and that the bank is strongly committed to renewable energies”.
“It is important to point out that the African Development Bank Group has for more than a decade played a leading role in crafting policies and delivering investments that promote sustainable development practices on the continent, including climate adaptation and resilience.
“The Bank is committed to facilitating the transition to low-carbon and climate-resilient development in African countries across all its operational priority areas.”
These commitments can be seen in the range of strategies, policies and action plans which are aligned to all Bank operations and are available to the public, the bank explained.
In 2019, approximately 36 percent of total financial approvals were directed to climate action, and the bank further committed to doubling its climate finance to $25 billion between 2020 and 2025.
Furthermore, the Bank noted that it was joining forces with the other Multilateral Development Banks to design a framework that ensures that all our investments align with the goals of the Paris Agreement.
The Bank there for stated that it would continue to work with its shareholders, its clients and civil society organisations, to ensure that it upholds the highest standards while it remained focused on its core mission to help lift millions out of poverty, by using the resources entrusted to it in a responsible and efficient manner.
General
Amandla, AWLN to Hold Beijing +30 Women’s Summit December 9
As part of the activities commemorating the 2025 edition of ’16 Days of Activism against Gender-Based Violence,’ the Amandla Institute for Policy and Leadership Advancement (AIPLA), in collaboration with the African Women Leaders Network (AWLN-Nigeria) and Womanifesto, will on December 9 convene the Beijing+30 Women’s Summit – a landmark national gathering to reflect on three decades of progress, challenges, and unfinished commitments under the Beijing Declaration and Platform for Action (BPfA).
Organised to strengthen women’s movements in Nigeria, the event is coming up 30 years after the historic Beijing, China, International Women’s Conference of 1995, as a platform to review the decades past while projecting for the years ahead.
Themed Beijing+30 Women’s Summit – Holding the Line for Women’s Rights: Looking Back and Marching Forward, the event aims to re-examine the pivotal roles played by African women, both on the continent and in the diaspora, in shaping the agenda, while facilitating intergenerational exchange and galvanising collective agency to advance feminist sensitive rights issues.
To set the ball rolling, three distinguished African feminists, ‘Bisi Adeleye-Fayemi, Co-founder, Amandla Institute; Prof. Funmilayo Para-Mallam, Chair, AWLN-Nigeria; and Dr. Abiola Akiyode-Afolabi of Womanifesto, would give welcome remarks and provide instructional context setting for the event. Thereafter, goodwill messages will be delivered from selected leaders and experts, ahead two panel sessions that will address issues related to women’s rights, abuses, and gender-based violence in Nigeria.
Recall that the Secretary-General of the Beijing Women’s Summit foregrounded the struggles of African women. Over the years, several African countries have made progressive strides through legal and constitutional reforms in their determination to chart a bold, transformative agenda for the empowerment of women.
Women constitute 60–79% of the rural workforce, yet men are five times more likely to own land. In the annals of international policy, the issues of power, politics, and policy were placed squarely on irregular measures.
In Rwanda, female parliamentary representation is the global highest at 61.3%; Senegal has passed a 50/50 parity law, Sierra Leone has a 30% affirmative action law, while Uganda has a constitutionally guaranteed representation for women. However, in Nigeria, the persistent gender gap in access to resources, representation, and opportunities remains painfully low for women.
These examples underscore what is possible when political will aligns with women’s agency. In regard to these concerns, the Women’s Summit is thus geared towards enhancing understanding of the historical significance and continuing relevance of the Beijing Conference of 1995 and its numerous outcomes, strengthening leadership and coordination among women’s organisations, renewing the advocacy for the call to action and especially to expand the mentorship networks linking with younger and seasoned women leaders across Nigeria.
General
Military Faction Announces Coup in Benin Republic
By Adedapo Adesanya
There were jitters of a military coup in Benin Republic, which borders Nigeria to the west, but has been denied by the Presidency.
Soldiers in the West African nation announced on national TV on Sunday morning that they have ousted President Patrice Talon and seized power.
“The situation is under control. A large part of the army is still loyalist – and we are taking over the situation,” Foreign Minister Shegun Adjadi Bakari told Reuters news agency.
An unnamed person in the presidency told the AFP news agency: “This is a small group of people who only control the television. The city and the country are completely secure.”
BBC reported that the French embassy in Benin said gunfire had been reported near the residence of the president.
The soldiers also announced a suspension of the constitution and closure of all land borders and the country’s airspace.
According to their statement, Lieutenant-Colonel Tigri Pascal will be leading a military transition council.
President Talon, 67, is due to step down next year after completing his second term in office. He has been in office since 2016.
This is the latest coup development after military officers said they had seized control of Guinea-Bissau, another West African country, after elections.
Soldiers reportedly arrested the democratically elected incumbent president, Mr Umaro Sissoco Embaló and also suspended the electoral process in which he was in line to win again.
They said they were acting to thwart a plot by unnamed politicians who had “the support of a well-known drug baron” to destabilise the country, and announced the closure of its borders and imposed a night-time curfew.
Coups have become common place in Africa since 2020: Mali, Guinea, Sudan, Burkina Faso, Niger, Gabon, Madagascar, and recently Guinea-Bissau then now, Benin Republic have seen military takeover. This has raised alarms about possibilities in other African states.
General
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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