Image credit: Sport Nigeria |
The Sports Africa Investment Summit 2025 has marked a pivotal moment in Africa’s journey toward sports industrialisation and economic transformation. Over two electrifying days in Lagos, the summit, hosted by Sport Nigeria Ltd/Gte (www.SportNigeria.ng) in partnership with the Office of the Presidency and the National Sports Commission, brought together a powerful coalition of stakeholders—government representatives, UNESCO, AFREXIM Bank, Development Finance Institutions (DFIs), investors, and sports industry leaders—all united by a shared vision: to unlock the immense potential of sports as a driver of economic growth, job creation, and community development across Africa.
At the heart
of this historic gathering was the signing of a groundbreaking technical
agreement between the Abia State Government and Sport Nigeria Ltd/Gte, paving
the way for Africa’s first-ever Sports Special Economic Zone (SSEZ). This
visionary initiative will transform Abia State into a global hub for sports
goods manufacturing, leveraging Aba’s legendary craftsmanship, entrepreneurial
spirit, and industrial excellence. Aligned with Nigeria’s Industrial Revolution
Plan (NIRP) and the African Continental Free Trade Area (AfCFTA), the SSEZ is
poised to become a beacon of innovation, trade, and industrialisation, creating
thousands of jobs and empowering local businesses.
According to
Hon. Nwaobilor Ananaba, Commissioner for Sports, Abia State, “The Special
Sports Economic Zone is a game-changer for Abia State and Nigeria at large.
Under the visionary leadership of His Excellency, Dr. Alex Otti, OFR we are
committed to driving a collective agenda that will transform Abia into the
premier hub for sports goods manufacturing and infrastructure development. This
project is a bold step toward job creation, youth empowerment, and economic
diversification, and we will work tirelessly to ensure its full realisation
with our partners, Sports Nigeria.”
The summit’s
robust discussions underscored the pressing need for innovative financing
models, capacity-building initiatives, and diaspora engagement to sustain
long-term development. According to Mr. Chinedum Chijioke, Chair of the Abia
State Investment Office, “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 will 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 will 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 aims to achieve a 50% 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.
The message
from the summit was clear: Africa’s sports economy is ready to take off, but it
will require bold investments, visionary leadership, and strategic partnerships
to realise its full potential. This point was emphasised by Ms. Nkechi Obi, CEO
of Sport Nigeria Ltd, “Sports is more than entertainment—it’s an industry, a
business, and a force for economic transformation. Abia’s Sports Special
Economic Zone is the first of its kind, but it won’t be the last. We are
setting a precedent that others will follow.”
The private
sector has a critical role to play in bridging the infrastructure gap and
unlocking the industry’s potential. With sports serving as a
multi-billion-dollar industry globally, Africa is uniquely positioned to
harness its youthful population, raw talent, and market demand. Strategic
investment in sports infrastructure will not only drive economic growth but
also create employment, boost tourism, and elevate Africa’s global sporting
competitiveness.
Mr. Yahaya
Maikori, Vice Chairman of Sport Nigeria, notes that “We don’t need more talk—we
need action. This SSEZ is our action plan. The world is watching, and investors
are ready. Now is the time.”
The
foundation has been laid. The partnerships are forming. Now is the time for
investors, DFIs, and Africa-focused development organisations to step forward
and seize this unprecedented opportunity. The future of African sports is not
on the sidelines—it’s in the factories, the training centers, the research
labs, and the boardrooms.
The call to
action is clear: Invest in Africa’s sports future. Build the infrastructure.
Empower the youth. Transform communities. Together, we can change the game.
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