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The BAL is owned and operated by NBA Africa, a sub-entity of the NBA which was established in May 2021. [23] Since then, the league has been driven by private investments. At the moment of establishment, strategic investors including a consortium of Babatunde “Tunde” Folawiyo, Helios Fairfax Partners Corporation (HFP).
NBA Africa is the African branch of the U.S.-based National Basketball Association (NBA) basketball league organization, which focuses on its business interests on the African continent. The entity was established in 2021 and co-organizes the Basketball Africa League (BAL), together with FIBA , among other activities.
The NBA Africa entity was officially established in May 2021, just over a decade after the NBA opened its African headquarters in Johannesburg, South Africa. It is currently led by CEO Victor Williams and was modeled on the highly successful NBA China entity, which is estimated to have a market value of $5 billion. [ 13 ]
As Al Ahly Libya prepare to take on Petro de Luanda in the Basketball Africa League final, how does the competition compare to the NBA?
View Article The post Obama becomes minority owner, strategic partner for NBA Africa appeared first on TheGrio. America’s beloved first commander-in-chief has become a strategic partner and ...
On Tuesday afternoon, the National Basketball Association announced President Barack Obama joined NBA Africa as a strategic partner. An announcement from the league revealed President Obama’s ...
The NBA helps get the players into America, but gaining a visa is difficult and involves an immigration lawyer. [9] [11] Many of these players do not have a wealthy support-system when they are drafted into the NBA, so navigating this journey alone with an attorney in a second language has been a difficult obstacle to overcome for these players ...
NBA Africa CEO Victor Williams and NBA Hall of Famer and NBA Africa Investor Dikembe Mutombo join Yahoo Finance Live to discuss the expansion of the NBA into Africa.