At U.S. Business forum, Olopade seeks solutions to Africa’s sports problems

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A business forum involving top executive officers of sports management firms globally has ended in the United States, with the Chief Executive Officer of Nilayo Sports Management, Bukola Olopade

..., emphasising the need to address critical infrastructure gaps such as stadium facilities, transportation networks and hospitality services for Africa to unlock new avenues for economic growth and job creation.

In his keynote address titled: ‘Beyond Boundaries, Exploiting the Evolution and Opportunities of Sports Business in Africa,’ Olopade stated that while challenges persist, particularly in the realm of infrastructure development, they also present opportunities for investment and innovation. “My subsequent appointment as Commissioner for Youth and Sports marked a pivotal moment in my career, as it allowed me to spearhead initiatives such as hosting the Gateway Games 2006, which is Nigeria’s biennial Sports festival. This edition, which was the first since its inception in 1973 to declare a profit, served as a profound realisation of the untapped potential within the realm of sports for socio economic impact.

“It is through this lens that I approach our collective endeavour to unravel the potential of Africa’s emerging sports market as a catalyst for global economic growth. Africa’s emerging sports market stands as a threshold of opportunity, offering a fertile ground for innovation, collaboration, and sustainable growth. Our endeavours in sports marketing exemplify the untapped potential that lies within Africa’s sporting landscape and its implications for global economic prosperity.

The Nigeria Table Tennis Federation has upgraded the yearly Michael & Felicia Alabi Memorial Championship as a national ranking event. Edo Boys High School, Ugbowo, Edo State, has won the 24th edition of the Howzat National Junior Cricket League, which gave them the Philip Asiodu Trophy.

 

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