Afreximbank and the Confederation of African Football (CAF) have signed a Memorandum of Understanding and a Partnership Agreement aimed at boosting investment and development in Africa’s sports industry. The deal was signed by Mrs. Kanayo Awani, Executive Vice President of Afreximbank, and Mr. Véron Mosengo-Omba, Secretary General of CAF.
The partnership will help mobilize financing for modern sports infrastructure, support youth tournaments, and promote Made-in-Africa sportswear across the continent.
“Sports is a powerful enabler of youth empowerment, regional integration, and economic opportunity,” said Mrs. Awani. “Through this partnership, Afreximbank reaffirms its commitment to turning Africa’s talent and creativity into sustainable enterprise.”
This collaboration also supports Afreximbank’s goal of expanding Africa’s creative economy and advancing the African Continental Free Trade Area (AfCFTA).