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Helios Fairfax Partners, Yinka Folawiyo Group Chairman and CEO Babatunde “Tunde” Folawiyo Headline Group of African Business Leaders and NBA Legends Investing in NBA Africa (www.NBA.com); NBA Legends Junior Bridgeman, Luol Deng, Grant Hill, Dikembe Mutombo and Joakim Noah Also Invest in NBA Africa.
The National Basketball Association (NBA) today announced the formation of NBA Africa, a new entity that will conduct the league’s business in Africa, including the Basketball Africa League (BAL) – a partnership between the NBA and the International Basketball Federation (FIBA) and the NBA’s first collaboration to operate a league outside of North America. The inaugural BAL season, featuring 12 of the top club teams from 12 African countries, is underway in Kigali, Rwanda, and the first BAL Finals will be held Sunday, May 30 at 4:00 p.m. CAT / 10 a.m. ET.
The announcement was made today by Silver, Tatum, Williams, Lawani and Folawiyo, who were joined by NBA Global Ambassador and NBA Africa investor Dikembe Mutombo (Democratic Republic of the Congo) in advance of Africa Day, an annual worldwide commemoration of the founding of the Organization of African Unity (OAU) held on May 25.
In addition to Mutombo, additional investors in NBA Africa include NBA Legends Junior Bridgeman, Luol Deng (South Sudan), Grant Hill and Joakim Noah.
The NBA has a decades-long history in Africa and opened its African headquarters in Johannesburg in 2010. Since then, the league’s efforts in Africa have focused on increasing access to basketball and the NBA through grassroots and elite development, media distribution, corporate partnerships, NBA Africa Games, the launch of the BAL, and more.
NBA announces formation of NBA Africa with investment from five former players
The NBA announced that it has formed NBA Africa, which will oversee all league business on the continent, including the Basketball Africa League. https://images.daznservices.com/di/library/NBA Global CMS image storage/58/74/nba-logo 1otf1c2u207hs1pmrjqq1ba5h5.png?t=-1897533906&w=500 By NBA.com Staff @NBA
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JOHANNESBURG, SOUTH AFRICA, May 24, 2021 - The National Basketball Association (NBA) today announced the formation of NBA Africa, a new entity that will conduct the league s business in Africa, including the Basketball Africa League (BAL) - a partnership between the NBA and the International Basketball Federation (FIBA) and the NBA s first collaboration to operate a league outside of North America.