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Binance Deepens Crypto Adoption in Africa, Sponsors 2021 Africa Cup of Nations

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Binance AFCON-Investors King

Binance the largest cryptocurrency exchange platform has further deepened its nest into the African community by becoming an official sponsor of the continent’s biggest football competition, the 2021 Africa Cup of Nations (AFCON).

Binance made this announcement on the company’s official website on Monday. This sponsorship deal makes Binance the exclusive cryptocurrency and blockchain platform for the 2021 AFCON tournament.

The company said, “this sponsorship deal will make Binance the exclusive cryptocurrency and blockchain platform for the AFCON 2021 tournaments as we take our global brand and technology to African football.”

The TotalEnergies Africa Cup of Nations tournament starts the sports calendar of the year for Africa. The 2021 AFCON tournament commenced on the 9th of January to end 6th of February 2022. The host country, Cameroon led the first match of the game and also won against their counterpart Burkina Faso at the Olembe Stadium in Yaounde, Cameroon.

Speaking on Binance sponsorship, Veron Mosengo-Omba, CAF’s General Secretary said, “I am delighted to welcome Binance as an official sponsor of the AFCON tournament this year. Through this partnership with CAF, Binance will connect further with its users and the African community through football. CAF is ready to embrace blockchain-based technology and its impact on the future of African football development. I am certain that together with Binance, we can take African football to a new level.”

Emmanuel Babalola, Binance Director for Africa said; “Football is the most popular sport in Africa, one that unites the entire continent and as the leading blockchain ecosystem, we are proud to be an official sponsor of the AFCON tournament. This corroborates our mission to take crypto mainstream across the continent.”

Binance explained that its mission as a company is to drive blockchain adoption and enable greater access to financial services for the world’s unbanked”. The company also affirmed that it has provided free crypto education classes to over 541,000 Africans since 2020.

Yi He, co-founder, and CMO of Binance said; “With a population of 1.2 billion Africans and the prevalence of blockchain technology & its use cases, we believe the African continent could lead the future of the blockchain industry. We will continue to put in our efforts in pushing the mainstream adoption of crypto so that more people can understand crypto, and understand Binance.”

Binance announced that the company “will also be the official partner of the Assist of the Day / Binance Assist of the Week / Binance Assist of the Tournament, which will be promoted across CAF’s social media channels and across all six venues in five cities in Cameroon.”

Last week, the fintech Unicorn Flutterwave announced its partnership with Afrospot TV to sponsor AFCON 2021 on Free-to-air TVs across Africa, to ensure that millions of Africans have unrestricted access to watch the tournament.

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Eni Aluko Breaks Barriers: First Black Female Football Club Owner in Italy

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Eni Aluko

Eni Aluko, former sports director for Aston Villa and Angel City, has shattered the glass ceiling by becoming the first black female football club owner in Italy.

Aluko’s journey from the pitch to the boardroom marks a monumental shift in the traditionally male-dominated realm of football ownership.

Aluko’s foray into ownership comes through her involvement with the Mercury 13 group, a consortium dedicated to revolutionizing women’s football.

This $100 million investment group, named after the 13 female pilots who passed the same rigorous testing as NASA’s original Mercury 7 astronauts, aims to elevate the status of women’s football teams across Latin America and Europe.

Their recent acquisition of a majority stake in FC Como Women, situated in northern Italy, underscores their commitment to this vision.

For Aluko, this milestone isn’t just about personal achievement; it’s about paving the way for future generations of black sports investors and female football enthusiasts.

“Representation matters,” Aluko emphasized in a recent interview. “As the first, I understand the significance of this moment. But more importantly, I see it as an opportunity to inspire others and to promote diversity and inclusivity in the beautiful game.”

Aluko’s transition from player to owner is a testament to her unwavering dedication to football.

Having retired from professional play, she has seamlessly transitioned into roles in sports broadcasting and now ownership, leveraging her extensive experience and expertise to drive meaningful change within the industry.

The significance of Aluko’s ownership stake extends far beyond the confines of FC Como Women. It serves as a beacon of hope and inspiration for marginalized communities within football, signaling that barriers can be broken and dreams can be realized regardless of race or gender.

The Mercury 13 group’s investment in FC Como Women is poised to catalyze a new era for the club and women’s football in Italy as a whole.

With Aluko at the helm, there is an undeniable sense of optimism and momentum surrounding the future of the team and the broader movement for equality within the sport.

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Joshua Dominates Ngannou with Second-Round Knockout in Saudi Arabia Showdown

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Nigerian British boxer Anthony Joshua showcased his prowess by delivering a second-round knockout against UFC heavyweight champion Francis Ngannou.

The thrilling encounter unfolded with Joshua demonstrating his technical skill and power, overwhelming Ngannou with his calculated strikes.

From the outset, Joshua asserted his dominance, landing a formidable right hand in the opening round that set the tone for the match.

Despite Ngannou’s resilience, Joshua continued to press forward, maintaining control of the bout.

As the second round commenced, Joshua unleashed another powerful right hand that visibly rocked Ngannou.

Despite his efforts, Ngannou found himself on the canvas once more, unable to withstand Joshua’s onslaught.

The referee swiftly called an end to the contest, declaring Joshua the victor by knockout.

The electrifying showdown left fans in awe as Joshua’s precision and strength proved too much for Ngannou to handle.

Although Ngannou required medical attention post-fight, Joshua’s display of sportsmanship and skill highlighted his status as a formidable force in the world of boxing.

The victory solidifies Joshua’s position as a top heavyweight contender and sets the stage for future thrilling matchups in the world of combat sports.

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South Africa Clinches Africa Cup of Nations Bronze in Penalty Drama Against DR Congo

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In a riveting encounter at the Africa Cup of Nations (AFCON) third-place playoff, South Africa emerged victorious against the Democratic Republic of Congo (DR Congo) in a nail-biting penalty shootout to secure the bronze medal in the prestigious tournament.

The match, which ended in a goalless draw after regulation time, saw South African goalkeeper Ronwen Williams once again emerge as the hero, making crucial saves during the penalty shootout to propel his team to victory.

The DR Congo team displayed commendable resilience throughout the match, creating numerous goal-scoring opportunities and maintaining an attacking threat against the South African defense.

Ultimately, it was South Africa’s Siyanda Xulu who converted the decisive penalty kick, securing the win for Bafana Bafana.

The victory marked South Africa’s perfect record in third-place playoffs, having clinched a similar victory 24 years prior against Tunisia.

The bronze medal victory serves as a testament to South Africa’s resilience and determination in the face of formidable opposition.

As the tournament concludes, the thrilling encounter between South Africa and DR Congo will be remembered as a highlight of the 2024 AFCON edition, showcasing the passion and skill of African football on a grand stage.

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