‘Sports investment summit marks new dawn for African sports’

The just-concluded Sports Africa Investment Summit has marked a pivotal moment in Africa’s journey toward sports industrialisation and economic transformation, stakeholders have said.

 According to the Chairman of the Abia State Investment Office, Chinedum Chijioke: “The signing of this agreement marks the beginning of a transformative journey to attract global investments and build an ecosystem where sports, commerce, and industry thrive together. We are dedicated to fostering strategic partnerships that would actualise this vision and create lasting economic impact.”
 
The summit also saw the formal launch of Spaces 4 Sports, Sport Nigeria’s flagship initiative designed to address Africa’s sports infrastructure deficit at the grassroots level. This cluster-based model is expected to integrate community sports hubs across the continent, providing accessible facilities that encourage mass participation in sports, particularly within the education sector.

 By embedding sports into daily life, Spaces 4 Sports said that it aims at achieving a 50 per cent increase in mass sports participation, enhance youth engagement, and accelerate progress toward the Sustainable Development Goals (SDGs) and Africa Union Agenda 2063, using sports as a catalyst for education, health, and gender inclusivity.

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