Sports

FEDA Invest in Team Drogba’s Electric Boat Racing Sport

Published

10 months ago

September 28, 2024

OCHEFA

16 Views

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.”

Up Next

Elumelu’s Wife Complete Berlin Marathon

Don't Miss

FIFA to unveil Club World Cup venues Saturday

Click to comment

Sports

Roll Calls of 20 Flying Eagles in Ghana for WAFU B U20 Tournament

Goalkeepers: Ifeanyi Ebenezer Harcourt (Sporting Lagos); Clinton Andy (Bayelsa United)

Published

4 days ago

July 9, 2025

OhiBaba

41 Views

Goalkeepers: Ifeanyi Ebenezer Harcourt (Sporting Lagos); Clinton Andy (Bayelsa United)

Defenders: Abba Khalid Sadiq (Niger Tornadoes); Odinaka Okoro (Sporting Lagos); Daniel Bameyi (Bayelsa United); Akinniran Oluwashile (Water FC); Ahmed Akinyele (Remo Stars); Marvelous Freedom (Ikorodu City)

Midfielders: Divine Oliseh (Forster Academy); Bidemi Amole (Real Sapphire FC); Tahir Maigana (Wireless FC); Ezekiel Kpangu (Inspire Academy); Rawa Mohammed (Beyond Limits); Matthew Kingsley (Kings FC); Abduljelil Kamaldeen (Kwara Football Academy); Shafiu Adamu Duguri (Wikki Tourists).

Forwards: Abdullahi Muhammed (Kwara United); Godday Otalyul-Imbus (Calabar Rovers); Imrana Muhammad (Mavlon FC); Qudus Olayiwola (P Sport FC).: Abdullahi Muhammed (Kwara United); Godday Otalyul-Imbus (Calabar Rovers); Imrana Muhammad (Mavlon FC); Qudus Olayiwola (P Sport FC).

Sports

Flying Eagles set for WAFU B U20 challenge in Accra

The WAFU B competition is scheduled for 10th to 23rd July at the Prampram Centre in Accra.

Published

4 days ago

July 9, 2025

OhiBaba

39 Views

Nigeria’s U20 Boys, Flying Eagles have commenced training sessions in the Ghanaian capital, Accra ahead of the kick-off of this year’s WAFU B U20 Boys Tournament.

The WAFU B competition is scheduled for 10th to 23rd July at the Prampram Centre in Accra.

Head Coach Aliyu Zubairu has picked captain Daniel Bameyi and 19 other players, with a scoop from the group that finished third at the Africa U20 Cup of Nations in Egypt two months ago and thus qualified to represent Africa at the FIFA U20 World Cup finals in Chile later this year.

Goalkeeper Ebenezer Harcourt is a prominent figure from that mosaic, alongside defender Odinaka Okoro, and midfielders Bidemi Amole, Ezekiel Kpangu, Divine Oliseh and Tahir Maigana.

A number of new birds have birthed, including Bayelsa United goalkeeper Clinton Andy, defenders Abba Sadiq and Marvelous Freedom, midfielder Abduljelil Kamaldeen, and forwards Imrana Muhammad and Qudus Olayiwola.

Nigeria, winners of the last two editions of the WAFU B U20 Championships (hosted by Niger Republic and Togo respectively), will take on hosts Ghana in the opening match of Group A on Thursday, from 3pm on Thursday, 10th July.

The Flying Eagles will then clash with Benin Republic on Sunday, 13th July in a three-team Group A.

Cote d’Ivoire, Burkina Faso, Niger Republic and Togo make up Group B, with the Ivorians and the Burkinabes clashing in the group’s first match tomorrow, July 10th .