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FEDA Invest in Team Drogba’s Electric Boat Racing Sport

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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.”

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Sports

Nigerian coach sells Osimhen’s boots

The Super Eagles striker last wore the boots when he scored a hat-trick for Nigeria in the last 2026 World Cup qualifying series against the Benin Republic.

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Assistant coach of Solution FC – an Anambra-based Nigeria National League side – Olisa Ezeasor has sold the pair of boots gifted to him by Super Eagles striker, Victor Osimhen.

He put the boots up for sale at N1m, barely two months after he was gifted them by Osimhen.

The Super Eagles striker last wore the boots when he scored a hat-trick for Nigeria in the last 2026 World Cup qualifying series against the Benin Republic.

The PUNCH reported that Eseasor sold the boots to a football administrator, Fola Olatunji-David, for an undisclosed fee.

According to him, he needed the money for business.

“Officially putting this boot up for sale. Price: One million naira only. Size: 44/45. Money needed to support my personal business,” Eseasor posted on Saturday.

On Sunday, he returned with an update on the sale and also announced a giveaway of N250,000 from the proceeds.

“Update: Boot bold. Purchased by Fola Olatunji-David.

Price: undisclosed.“In order to give back to my mutual community, who have been active under my posts since my small fame in this space, I’ll be doing a giveaway worth N250,000. N10,000 for 25 persons. Follow my account, on my post notification, and comment done with a screenshot of my post notification on. I’ll select winners from the comments. Entries start now.”

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Mikel Obi ready to reset Nigerian football governance

“If you want us going forward, you must make sure things are done properly. Get the right people, people that have the same direction and thought, so when the players come back home to play, there is a good environment for them to play and perform.”

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Image credit : arise.tv

Former Super Eagles captain John Obi Mikel has announced his interest in taking a leadership role within the Nigeria Football Federation, stressing that he would only step into such a position if it operates without corruption

.Mikel’s comments follow Nigeria’s failure to qualify for the FIFA World Cup, a setback he believes highlights deeper structural problems within Nigerian football.

The 37 year old said the issues extend beyond the pitch and require a complete reset driven by integrity and accountability.

Mikel, who has long been vocal about his commitment to national service, said he has always prioritised Nigeria throughout his football career.

“One thing I have always done since my early days is fought for the country. I don’t know how many players have done that like I have, through the U17, U20, the senior national team.”

“Years of sacrifice. I have never for once said no to my country.”

He added that he remains ready to contribute, but only under the right conditions.

“When I know I can give my opinion and help, I will always be ready. But again, I won’t have corruption tied to me. I am never going to do that if I am going to say yes.

“If you want us going forward, you must make sure things are done properly. Get the right people, people that have the same direction and thought, so when the players come back home to play, there is a good environment for them to play and perform.”

Beyond his playing career, Mikel has gained administrative experience. In July 2023, he was appointed Honorary Adviser on Sports in Plateau State by Governor Caleb Mutfwang, where he has contributed to sports development and strategic planning.

His leadership role, combined with his global football profile, has led many observers to view him as a potential reformist figure who could help reset Nigerian football governance.

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Former Falcons coach Waldrum questions NFF on FIFA’s $960,000 “Where’s that money?

Waldrum said that corruption is never questioned in Nigeria, unlike in the US, where people will seek to know how public funds are spent.

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Randy Waldrum, former head coach of the Super Falcons, has questioned the Nigeria Football Federation (NFF) over $960,000 it allegedly got from FIFA in preparation for the 2023 FIFA Women’s World Cup in Australia and New Zealand.

In a viral video on X, Waldrum said that a FIFA insider informed him that every nation that participated in the competition was given money to prepare their squad.

The NFF is claimed to have received roughly N1.4 billion in Naira in October 2022 to support the team.

The former coach lamented that despite receiving the huge sum of money, the NFF could not even put the team in camp before the World Cup and could not afford business-class tickets for the team.

Waldrum said that corruption is never questioned in Nigeria, unlike in the US, where people will seek to know how public funds are spent.

The coach also said that the NFF could only allow him to work with just seven staff, despite that it was FIFA that paid for the bonuses of the technical staff, adding that he was at the tournament without an analyst and not even a scout.

“I have a real close contact here in the US that is very connected with some of the board at FIFA.

“This person told me that in October, every country was given $960,000 from FIFA to prepare for the World cup, where is that money,” Waldrum said.

” If Nigeria got that money why didn’t we have a camp in November? We went to Japan, we flew in and played the game and went home.

“We wasted the last five days of that window to train.“So, all these questions I have is where is this money?

And the other thing I found out through my FIFA connections is that if countries don’t have the money to buy business class tickets for everybody, FIFA will fund the money and buy those tickets and just deduct it from the monies you get from FIFA after the World Cup.

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