• Latest
  • Trending
MEDA, Obuntu Foundation to empower African Fund Managers

MEDA, Obuntu Foundation to empower African Fund Managers

May 24, 2024
Innoson, Nigerian automaker, unveils plan to establish CNG assembly plant

Innoson, Nigerian automaker, unveils plan to establish CNG assembly plant

October 16, 2025
Spotify testing ‘SongDNA’ to show everyone behind your songs

Spotify testing ‘SongDNA’ to show everyone behind your songs

October 16, 2025
$395mn submarine cable project, Medusa, begins deployment to link Europe to Africa

$395mn submarine cable project, Medusa, begins deployment to link Europe to Africa

October 16, 2025
Chari raises $12M, gets Morocco’s first VC-backed payment license

Chari raises $12M, gets Morocco’s first VC-backed payment license

October 16, 2025
NCBA unveils ConnectPlus to improve businesses in Kenya

NCBA unveils ConnectPlus to improve businesses in Kenya

October 16, 2025
Slack supercharges Slackbot with smarter AI capabilities

Slack supercharges Slackbot with smarter AI capabilities

October 16, 2025
Gemini AI now handles your Google Calendar meeting scheduling

Gemini AI now handles your Google Calendar meeting scheduling

October 16, 2025
Sun King, REA partner to boost access to clean energy

Sun King, REA partner to boost access to clean energy

October 16, 2025
ChatGPT to allow erotica for adult users, Sam Altman says

ChatGPT to allow erotica for adult users, Sam Altman says

October 16, 2025
UNILAG partners with OpenAI to bring first African academy to Lagos

UNILAG partners with OpenAI to bring first African academy to Lagos

October 16, 2025
How Nigerian innovators are transforming lecture notes for the digital age

How Nigerian innovators are transforming lecture notes for the digital age

October 16, 2025
PayTabs, Valu launch contactless payment system for Egyptian merchants

PayTabs, Valu launch contactless payment system for Egyptian merchants

October 15, 2025
Techpression
Advertisement
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Tech TV
    • General News
    • How To
    • Reviews
  • Cryptocurrency
  • Fintech
  • Startups
  • Ai
Friday, October 17, 2025
No Result
View All Result
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Tech TV
    • General News
    • How To
    • Reviews
  • Cryptocurrency
  • Fintech
  • Startups
  • Ai
No Result
View All Result
Techpression
No Result
View All Result
Home Tech News Africa Tech News

MEDA, Obuntu Foundation to empower African Fund Managers

Felicia Akindurodoye by Felicia Akindurodoye
May 24, 2024
in Africa Tech News
149 1
0
MEDA, Obuntu Foundation to empower African Fund Managers
465
SHARES
Share on FacebookShare on TwitterWhatsAppTelegram

The Obuntu Foundation, which aims to train future African fund managers and Mennonite Economic Development Associates (MEDA), an international nonprofit that promotes economic growth and entrepreneurship, have entered into a partnership of strategic importance.

Participating African-focused fund managers have the opportunity to enhance their investment strategy, maximise fund returns, and broaden their influence through the Obuntu Launchpad Program, which is now accepting nominations for its third cohort.

Read also: Praktika, AI language learning software secures $35.5M Investment

The benefits of the Obuntu Launchpad Program

With the help of MEDA, the Obuntu Launchpad Program gives aspiring African fund managers the resources they need to launch and run profitable funds. The 12-month program includes individualised instruction, chances for LP engagement, and a shared platform for information exchange and business development.

RelatedPosts

No Content Available
Load More

Successful participants will receive ongoing support from MEDA and Obuntu, including mentorship, fundraising help, and the promotion of innovative fund models specifically designed to meet the needs of African startups.

 This support is made possible by harnessing the energy of the existing venture capital ecosystem, which is designed to assist first-time fund managers investing in belief capital.

Industry heavyweights such as Fope Adelowo (Helios), Andreata Muforo (TLcom Capital), and Lewam Kefela (Partech) will be leading practitioner-led sessions as part of the fellowship.

The Obuntu Launchpad Fellowship has been running well since its launch in 2022. In both cohorts, 24 fellows from 21 funds have received support, with a combined target AUM of $281 million. Emmanuel Adegboye (Head of Madica), Thandeka Xaba (General Partner of Digital Africa Ventures), Yewande Odumoso (Founding Partner of HoaQ), and Aly El Shalakany (Managing Partner of Acasia) are all notable alums.

Notable alumni accomplishments attest to the program’s dedication to cultivating a dynamic ecosystem of competent, creative fund managers, which has a lasting impact on the entrepreneurial scene throughout the continent.

Related Article: No pressure to split M-Pesa despite CBK and Treasury Interest- Safaricom CEO

The alumni and nomination for the program

The 8 African countries that makeup Anglophone, Francophone, and Arabic-speaking Africa are home to the fellows, 58% of whom are female. They actively invested in various African countries, including Senegal, Egypt, Morocco, Kenya, Tanzania, Uganda, Namibia, Botswana, South Africa, Zambia, Mauritius, and Côte d’Ivoire.

Through their collaboration with MEDA, the Obuntu Foundation will be able to fulfil its mission of supporting a flourishing network of African fund managers. In a continent where startups are underfunded despite their abundant potential, this collaboration brings much-needed capital by attracting substantial investments from international and local backers.

Nominations are being accepted until June 9th for the Africa-focused VC Fund Manager position. The ideal candidate will have a varied background, including experience investing in Africa, a strong desire to build their fund, and a diverse profile that includes local startups, corporate operators, and senior roles within VC funds.

To learn more about the Obuntu Foundation’s efforts to train the next crop of African-focused fund managers, check out their website: https://obuntu.vc/

Tags: Obuntu
Felicia Akindurodoye

Felicia Akindurodoye

Felicia Akindurodoye is an experienced writer and researcher, whose watchword is originality.

Quick Links

  • Tech News
  • Cryptocurrency
  • Fintech
  • Startups
  • Business
  • Home
  • About
  • Contact Us
  • Advert Rate
  • Terms & Conditions
  • Privacy Policy
  • SiteMap

© 2025 Techpression

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in .

No Result
View All Result
  • Home
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Reviews
    • How To
    • General News
  • Cryptocurrency
  • Business
  • Fintech
  • Startups
  • Featured
  • Ai
  • Tech TV

© 2025 Techpression

techpression.com
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

3rd Party Cookies

This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.

Keeping this cookie enabled helps us to improve our website.