Sports

FEDA Invest in Team Drogba’s Electric Boat Racing Sport

Published

7 months ago

September 28, 2024

OCHEFA

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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Remo Stars win Nigerian champions for the first time

The club will now represent Nigeria in next year’s CAF Champions League along with this season’s eventual runners-up, while the third-placed team will feature in the CAF Confederation Cup

Published

2 weeks ago

April 28, 2025

OhiBaba

Remo Stars made history on Sunday having won the Nigeria Professional Football League (NPFL) title for the first time in their history.

The Sky Blue Stars defeated Niger Tornadoes courtesy of a late goal by Adebayo Olamilekan, becoming the first privately-owned club since Udoji United in 1996 to be crowned champions.

They achieved the feat on the 59th birthday of their owner, Kunle Soname, a businessman with interests ranging from aviation to the gaming industry.

They have now amassed an unassailable 68 points from 35 matches, 10 points clear of their closest rivals Rivers United, with three rounds of matches remaining this season.

They had finished as runners-up in the league in the past two seasons.Founded 15 years ago as FC Dender in Nigeria’s commercial hub of Lagos, the club moved to neighbouring Ogun State and rebranded as Remo Stars in 2011.

The club will now represent Nigeria in next year’s CAF Champions League along with this season’s eventual runners-up, while the third-placed team will feature in the CAF Confederation Cup.

Sports

Man City sink Forest to reach third successive FA Cup final

City can look forward to a showdown with Palace at Wembley on May 17 after the Eagles won 3-0 against

Published

2 weeks ago

April 28, 2025

OhiBaba

Manchester City will face Crystal Palace in their third successive FA Cup final after cruising to a 2-0 win against Nottingham Forest at Wembley on Sunday.

Pep Guardiola’s side took an early lead through Rico Lewis and Josko Gvardiol’s second-half goal sealed a comfortable semi-final success.

City can look forward to a showdown with Palace at Wembley on May 17 after the Eagles won 3-0 against

Aston Villa in the other semi-final on Saturday.Their 14th FA Cup final appearance gives City a chance to win the competition for the eighth time and the third since Guardiola arrived in 2016.

City lost to Manchester United in last season’s FA Cup final after beating their cross-town rivals in the 2023 showpiece.

Guardiola is hoping to salvage a turbulent season by lifting the FA Cup and qualifying for the Champions League via a top-five finish in the Premier League. City, who sit fourth in the league with four games left, will go into the final as favorites after thrashing Palace 5-2 at the Etihad Stadium earlier in April.

Sports

Liverpool Crowns Premier League Champions With 5-1 Win Against Tottenham

Published

2 weeks ago

April 28, 2025

OhiBaba

Liverpool have been crowned Premier League champions with their 5-1 win against Tottenham at Anfield on Sunday.

Arne Slot’s side needed a minimum of one point to secure the title and match Manchester United’s record of 20 league crowns, and strikes from Luis Díaz, Alexis Mac Allister, Cody Gakpo and Mohamed Salah, as well as a Destiny Udogie own goal, sealed the deal.

“This is the most beautiful club in the world. We deserve this. We are going to enjoy the next couple of weeks and take it in,” captain Virgil van Dijk told Sky Sports after the game.“I was desperate to win it for (the fans) and all the fans around the world, and for us as well.”