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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

Ronaldo To End Career In Football This Year Without World Cup Title

The 41-year-old Portugal captain is one of football’s most decorated players, having won major trophies with Manchester United, Real Madrid, Juventus and current club Al-Nassr.

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Cristiano Ronaldo says this could be his final year in football as the Portugal captain prepares to leave a lasting legacy.

“This is probably my last year of football, and I want to leave a spectacular legacy,” Ronaldo told lifestyle magazine Vogue in an interview published on Sunday.

The 41-year-old Portugal captain is one of football’s most decorated players, having won major trophies with Manchester United, Real Madrid, Juventus and current club Al-Nassr.

Ronaldo made his senior debut for Sporting in 2002 and has enjoyed a career spanning more than two decades.

The five-time Ballon d’Or winner has scored 976 goals for club and country and is now closing in on the 1,000-goal milestone.

However, Ronaldo was unable to add a World Cup title to his list of honours after Portugal fell short at this year’s tournament.

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NFF Sacks Madugu over WAFCON crashed out

The decision was reached by its Executive Committee following the poor performance at the recently concluded 2026 women’s Africa Cup of Nations tournament.

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The Nigeria Football Federation (NFF) has sacked the Super Falcons of Nigeria head coach, Justin Madugu, and his crew.

The decision was reached by its Executive Committee following the poor performance at the recently concluded 2026 women’s Africa Cup of Nations tournament.

The nation’s football governing body announced that the sack of Madugu and his technical crew following their return from WAFCON where the Falcons crashed out at the quarter-final stage.

They also failed to achieve automatic qualification to the 2027 women’s World Cup, and lost to South Africa for a chance to reach the World Cup via the playoffs.

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Cameroon Win First WAFCON Cup Title

In a dominant first-half display, they scored three times before the break to end Malawi’s remarkable run at the tournament.

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The Indomitable Lionesses of Cameroon have won their first-ever Women’s Africa Cup of Nations title after defeating Malawi 3-0 in Rabat on Sunday.

In a dominant first-half display, they scored three times before the break to end Malawi’s remarkable run at the tournament.

Marie Ngah Manga scored twice, while Naomi Eto added a spectacular scissors kick as Cameroon took a commanding lead before half-time.

Cameroon had reached the final after eliminating Nigeria and hosts Morocco, having previously lost three WAFCON finals.

Malawi, competing in their first WAFCON campaign, struggled to match Cameroon despite their impressive run to the final.

They had entered the tournament ranked 153rd in the world.

Goalkeeper Michaely Bihina made an early save at the feet of Temwa Chawinga as Malawi looked to threaten in the opening minutes.

Bihina also denied Chikondi Gondwe in the 14th minute before Cameroon began to take control.

Cameroon opened the scoring in the 20th minute after Malawi goalkeeper Mercy Sikelo failed to deal with Grace Mendoua’s cross.

Sikelo pushed the cross onto her own crossbar, allowing Ngah Manga to react quickly and head the ball into the net from close range.

Malawi tried to respond, but Cameroon remained in control.

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