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
National Sports Commission Changes Secretaries
“Let me be clear that no secretary is being removed because he or she has been sacked. They are only being posted to another federation to carry out another assignment,” Olopade said.
The National Sports Commission (NSC) has reshuffled the General Secretaries of several national sports federations in a major administrative shake-up aimed at strengthening operations and improving the performance of the bodies.
The Director-General of the NSC, Bukola Olopade, announced the changes yesterday during a meeting with the General Secretaries of the federations in Abuja.
“Let me be clear that no secretary is being removed because he or she has been sacked. They are only being posted to another federation to carry out another assignment,” Olopade said.
Under the new arrangement, Bunmi Oluode has been appointed the new Secretary-General of the Athletics Federation, replacing Israel Inwang, who has been redeployed to the Padel Federation.
Rita Mosindi will serve as Acting Secretary-General of the Basketball Federation, with her predecessor, Amina Amanchi, moving to the Rowing Federation.
Other appointments saw Tosin Samuel take over as Secretary-General of the Shooting Federation, while Tinuoso Dolapo was appointed Secretary-General of the Karate Federation.
Javan Bennard will head the secretariat of the Fencing Federation, while Dorothy Okpo becomes the new Secretary-General of the Arm Wrestling Federation. Olopade said the reshuffling was not a punishment for any of the affected secretaries but a strategic deployment of their expertise to improve the administration of the federations.
Sports
FIFA to decide 2030 World Cup final venue in 2028 as Morocco, Spain wait
Morocco has made no secret of its ambition to bring the 2030 World Cup final to Benslimane, near Casablanca, where the Hassan II Stadium is under construction.
FIFA is expected to decide the venue for the 2030 World Cup final in 2028, a timeline that keeps Morocco’s push to host the showpiece at the Hassan II Stadium alive.
Spanish outlet Mundo Deportivo reported that sources familiar with the process said FIFA does not plan to announce the final venue before 2028.
The reported timeline mirrors the previous World Cup cycle. FIFA waited until February 2024 to confirm New Jersey’s MetLife Stadium as the venue for the 2026 final.
That means the contest between Morocco and Spain remains open, despite increasingly confident statements from both countries over their preferred venues.
Morocco has made no secret of its ambition to bring the 2030 World Cup final to Benslimane, near Casablanca, where the Hassan II Stadium is under construction.
The stadium is expected to have a capacity of about 115,000. When completed, it would be one of the largest football stadiums in the world.
The project has become the centrepiece of Morocco’s bid to host the tournament’s closing match.
Fouzi Lekjaa, president of the Royal Moroccan Football Federation, has repeatedly backed the ambition.
Sports
NBA closes basketball academy in Africa
The NBA said the decision reflected a shift in global basketball development strategy.
•Basketball players train during the Legacy Summer Camp, organised by SEED Project alumnus Pape Latyr Gnigu, in Dakar, Senegal, September 30, 2026. REUTERS/Misper Apawu.
The National Basketball Association (NBA) has closed its only elite training academy in Africa.
Reuters reported on Thursday that the academy , established less than a decade ago was launched in Senegal to prepare promising young African players for professional leagues in the US and elsewhere.
The decision to close NBA Academy Africa, the league’s first such facility in Africa, was a blow to students and young players across the continent, two former employees said.
Michel Chikwanine, who had been the academy’s performance and lifestyle adviser, said the news discouraged African players just beginning to build confidence.
“From the moment we told them, their confidence waned, their confidence dropped,” he said.
Michael Abbott, former head of academic planning at the academy, said it showed a lack of commitment to the students.
“They weren’t invested in them as kids as much as they were invested in the business model,” he said.
In response to questions from Reuters, the NBA said the decision reflected a shift in global basketball development strategy.
It has previously closed academies in Mexico and Australia. All training will be run out of a new global academy to open soon in the United Arab Emirates’ Abu Dhabi, it said.
In its statement, the NBA added that it is continuing to invest in African talent through other programs and that closing the academy does not signal a diminished commitment to the continent.
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