News Services

Basketball Africa League and Afreximbank Expand Partnership to Boost Youth Entrepreneurship in Africa

Basketball Africa League and Afreximbank Expand Partnership to Boost Youth Entrepreneurship in Africa
Friday, 12 September 2025 11:21
  • The Basketball Africa League (BAL) and Afreximbank expanded their multi-year partnership to enhance financial literacy and support young African basketball professionals.
  • Afreximbank will introduce "BAL Advance: Next Play," offering workshops and networking for players and coaches to develop entrepreneurial skills.
  • The partnership also includes support for "BAL Future Pros," a program providing young Africans with skills for success in the sports industry.

The Basketball Africa League (BAL) and the African Export-Import Bank (Afreximbank) expanded their multi-year partnership on September 6 to strengthen financial skills and support young basketball professionals in Africa. The agreement was formalized during the Intra-African Trade Fair (IATF2025) held in Algiers from September 4 to 10.

Afreximbank stated in a September 10 release that the initiative aims to position sport as a driver of economic development across the continent.

“Our long-standing collaboration with Afreximbank reflects our commitment to use basketball as an engine of economic growth and the BAL as a platform to develop and showcase African excellence,” said Amadou Gallo Fall, BAL president.

"BAL Advance: Next Play" and "BAL Future Pros"

Under the new partnership, Afreximbank will introduce “BAL Advance: Next Play,” a program offering targeted workshops and networking sessions for players and coaches to enhance their entrepreneurial skills.

The agreement also covers the launch of “BAL Future Pros,” which will provide young Africans with opportunities to acquire skills necessary to succeed in the sports industry. Applications will soon open, and selected participants will join different BAL departments.

Kanayo Awani, executive vice president of Intra-African Trade and Export Development at Afreximbank, reaffirmed the bank’s commitment to invest in human capital and creativity. She announced that Afreximbank will also support the upcoming launch of a new content series showcasing African fashion designers in sport.

The partnership consolidates the shared vision of BAL and Afreximbank to position Africa as a global leader in sport and creative industries.

The Basketball Africa League was created by FIBA and NBA Africa. The Dakar-based league features 12 African clubs and represents the NBA’s first venture in managing a league outside North America.

This article was initially published in French by Servan Ahougnon
Adapted in English by Ange Jason Quenum

On the same topic
Southwest sells six 737-800s to United Nigeria, with options for four more, in a deal structured by SkyWorks. The agreement includes paid training...
Burkina Faso announced visa-free entry for all African nationals under its 2025 supplementary finance law. The measure seeks to boost tourism,...
The Basketball Africa League (BAL) and Afreximbank expanded their multi-year partnership to enhance financial literacy and support young African...
Afrobarometer: Education boosts demand for accountability in Africa Survey of 54,436 shows educated citizens push transparency, good...
Most Read
01

• Benin’s FeexPay and Côte d’Ivoire’s Cinetpay receive BCEAO payment service licenses• Both firms ex...

WAEMU fintech industry strengthens with two new BCEAO regulatory approvals
02

Zenith Bank picks Côte d’Ivoire for $90M debut into Francophone Africa, confirming ambition t...

Zenith Bank Moves to the WAEMU/CEMAC  $92.4 Billion Loan Book Appeal, When Half Seats Are Taken
03

Niger’s economy grew 10.3% in 2024 and is projected to expand 6.6% in 2025. Yet non-performin...

Niger’s rapid growth shadowed by fragile banking sector
04

Nigeria’s fintech landscape has undergone a seismic shift in recent years, driven largely by persist...

In Nigerian, Bank Technology Failures Pushed OPay and PalmPay to Leadership in Daily Payments
05

Ghana is merging loss-making AT Ghana with Telecel to create a stronger rival to dominant MTN. ...

Ghana Government Pushes Telecel–AT Merger to Revive AirtelTigo Investment, as MTN Maintains Market Dominance
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.