Sports
FEDA Invest in Team Drogba’s Electric Boat Racing Sport
The Fund for Export Development in Africa (FEDA) a subsidiary of African Export-Import Bank (Afreximbank) has made a strategic investment in Team Drogba, competing in the inaugural E1 Series, the world’s first-ever all-electric boat racing championship.
In a statement announcing the investment, Afreximbank said : ” This investment aligns with Afreximbank’s Creative Africa Nexus (CANEX) strategy, which includes sports as a key vertical for advancing Africa’s economic and cultural footprint.”
Co-owned by African football icon, Didier Drogba and Lilium Capital Group, Team Drogba’s participation in the E1 series will not only raise Africa’s profile on the global sporting stage but also support the growth of Africa’s blue economy.
The Team’s participation in the competition will help highlight sustainability and marine ecosystem restoration and general environmental awareness.
Through this collaboration, FEDA and Team Drogba aim to inspire innovation and sustainability in Africa’s sports industry, fostering economic growth and development across the continent.
The partnership reflects FEDA’s commitment to empowering African athletes, promoting technological advancements, and supporting climate adaptation solutions, all while contributing to Africa’s global competitiveness.
Prof. Benedict Oramah, President and Chairman of Board of Directors, Afreximbank noted: “FEDA’s investment in Team Drogba highlights the transformative power of Africa’s creative sectors.
By aligning this initiative with our CANEX strategy, we are driving forward our vision for Africa’s future, one that leverages sports to not only showcase talent but also stimulate economic transformation.”
Speaking for Team Drogba, legendary football player Didier Drogba said : “This collaboration with FEDA and Afreximbank ushers in an exciting chapter for African sports and sustainability efforts.
The E1 Series is an opportunity to merge our collective dedication to sport with a commitment to the environment and African progress. Together, we are setting a foundation for innovative and sustainable growth that will inspire change across the continent.”
Simon Tiemtoré, President of Lilium Capital Group added, “We are thrilled to be part of this pioneering venture. Team Drogba’s participation in the E1 Series not only showcases African excellence on the world stage but also emphasizes the importance of sustainability and innovation.
At Lilium Capital Group, we are deeply committed to initiatives that drive both economic growth and environmental stewardship.
This collaboration with FEDA underscores our shared vision for a future where Africa leads in both sports and sustainable development.”
Sports
BREAKING: Arsenal route to Champions League final confirmed as Mikel Arteta learns round of 16 opponents
Arsenal will face PSV Eindhoven in the Champions League round of 16, it has been confirmed.
The draw for the last-16 was held in Nyon, Switzerland on Friday, with the Gunners one of eight seeded teams after they finished in the top eight of the league phase.
With the Champion League now using a bracket system, just like in major international tournaments, Arsenal and the 15 other clubs still in the competition now know their possible route to the final, which will be played in Munich on May 31.
Arsenal were drawn on the silver side of the draw and will face PSV in the last-16. The Dutch side knocked Juventus out 4-3 on aggregate in the play-off round so will be a stern test for Mikel Arteta’s Squad.
Elsewhere in the round of 16, Aston Villa were drawn against Club Brugge, Borussia Dortmund were drawn against Lille, Atletico Madrid were drawn against Real Madrid, Bayer Leverkusen were drawn against Bayern Munich, Feyenoord were drawn against Inter, PSG were drawn against Liverpool and Barcelona were drawn against Benfica.
With Arsenal on the silver side of the draw, the Gunners know that they will face one of Real Madrid or Atletico Madrid in the quarter-final, should they progress past PSV. The first leg of the quarter-final would be played at Emirates Stadium. Arsenal’s possible semi-final opponents include one of Liverpool, PSG, Club Brugge or Aston Villa.
As Arsenal were seeded for the draw, they will play at home in the round of 16 second leg. The first legs of the round of 16 will be played on March 4 and March 5, and the second legs will be played on March 11 and March 12.
Each club plays once on a Tuesday and once on a Wednesday.
Sports
DHQ Clarifies Facts About Canada Visas Denials to Invictus Games
Furthermore, the participation of the Chief of Defence Staff, General Christopher Gwabin Musa, would have added mental strength to our troops.
The Director of Defence Information, Brigadier -General Tukur Gusau, Defence Headquarters, this morning, presented the fact regarding Nigeria Military’s request for visas to attend Invictus Games in Canada.
In a statement, Brig. Gen Gusau, said that the need for accurate information at this time can not be overemphasized.
He explained: “Recently, the Nigerian Military received an invitation to participate in the Invictus Games in Vancouver, Canada.
Our team, comprising 3 officers and 21 players, including a team physiotherapist, eagerly looked forward to this opportunity, as the only African nation participating in the Games.
The Invictus Games Foundation catered for our team’s accommodation and feeding needs, along with those of other participating nations.
However, despite our best efforts, only 14 members of the team, excluding the team leader, captain, and physiotherapist, were granted visas.
Regrettably, seven of our athletes who had the potential to excel were denied visas, preventing them from participating in the Games.
Notwithstanding this setback, our team’s outstanding performance earned Nigeria gold, silver and bronze medals, proudly placing our nation and Africa on the global map of Invictus Games.
Furthermore, the participation of the Chief of Defence Staff, General Christopher Gwabin Musa, would have added mental strength to our troops.
It is on record that the Chief of Defence Staff has initiated laudable efforts to boost the morale of our service personnel who risk their lives to protect our nation and its people.
The Invictus Foundation Centre,(first in Africa) currently under construction, is part of this initiative to provide care and mental healing for our wounded personnel.”
The 2025 edition of the annual 42km 2024 Access Bank Lagos City Marathon has been once again dominated by East African runners from Kenya and Ethiopia.
Kenya’s Edwin Kibet on Saturday emerged winner in the men category, clocking a time of 2:14:06 to win the $50,000 price money.
Kibet came third last year behind his compatriot Bernard Sang who won it with a time of 02:16:49 and another Kenyan Cheprot who came second.
In the women’s category, Ethiopia’s Guta Meseret Hirpa emerged victorious.
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