Top Business Leaders to Participate in Symposium on Sports Business Ecosystems
PRESS RELEASE
Accelerating Trade, Investment, and Job Growth in Africa and the Caribbean Through Sports and Entertainment Business Ecosystems
Top sports, government, and business leaders to deliberate with investors at symposium on sidelines of Afreximbank’s AfriCaribbean Trade & Investment Forum in Nassau, The Bahamas
WASHINGTON, DC, June 4, 2024 — With the emergence of sports and the creative industries as powerful engines of growth across Africa and the Caribbean, the AfriCaribbean Diaspora Alliance will host a high-level symposium on the sidelines of the AfriCaribbean Trade & Investment Forum in Nassau, The Bahamas, to explore the dynamic intersection of sports, culture and business in driving growth, job creation, and economic prosperity in the two regions.
Organized as an official side event of ACTIF2024, the symposium, Accelerating Trade, Investment, and Job Growth in Africa and the Caribbean Through Sports and Entertainment Business Ecosystems, will take place from 3:00 p.m. - 5:00 p.m. on June 14. ACTIF2024 is hosted by the African Export-Import Bank (Afreximbank) and the Government of the Bahamas.
Thousands of African, Caribbean, and global leaders from government, business, finance, sports, and other key sectors, will gather for ACTIF2024, which is being held under the theme, Owning Our Destiny: Economic Prosperity on the Platform of Global Africa.
With Africa’s sports industry expected to grow by 8% over the next 3-5 years to reach $12 billion by 2027, the high-level symposium is designed to showcase compelling market insights and investable projects in the sports business ecosystem, including infrastructure, franchising, e-gaming, new technologies, and tourism.
Confirmed speakers include The Honorable Samal Mojah Duggins, Minister of Agriculture, Fisheries and Marine Resources; Small Business, Entrepreneurship, and Cooperatives; Sports and Creative Economy, St. Kitts and Nevis; Deniece Laurent-Mantey, Executive Director, President’s Advisory Council on African Diaspora Engagement in the United States; Clare Akamanzi, NBA Africa CEO; Simon Tiemtore, Founder, Chairman, and Chief Executive Officer, Lilium Capital; Dana Sims, Founder Producer, Daisy Blue Films; Kingsley Pugong, Founder and CEO, Rainbow Capital; and Stephen Lwazi Hodge, CEO, OTTera, Inc.
"By harnessing the power of sports and creative industries as a catalyst for economic growth, the symposium will forge stronger business connections and unlock business and investment opportunities that will be a driver for socio-economic progress and job creation, especially for youth in both regions,” said Leila Ndiaye, President of LND Global Network and chief executive to the AfriCaribbean Diaspora Alliance.
The AfriCaribbean Diaspora Alliance is an alliance of companies dedicated to promoting trade, investment, and shared prosperity among Africa, the Caribbean, and the United States.
Symposium sessions will discuss themes such as leveraging sports infrastructure, technology, and entertainment as investment opportunities, promoting cross-border partnerships in the sports industry, and empowering youth through sports entrepreneurship and skills development.
ABOUT THE AFRICARIBBEAN DIASPORA ALLIANCE
The AfriCaribbean Diaspora Alliance is an alliance of companies dedicated to building an economically vibrant and interconnected regional partnership that promotes trade, investment, and shared prosperity among Africa, the Caribbean, and the United States.
For more information and to learn more about partnership and sponsorship opportunities, visit https://www.africaribbeanalliance.com.
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MEDIA CONTACT: Shanta Bryant Gyan, ContentFrontiers * email, sbgyan@contentfrontiers.com * phone, +1 202-412-4603
NOTES TO EDITORS
Follow ContentFrontiers for updates and blogs on the symposium X via @sbgyan | LinkedIn The event hashtag is #SportBizEcosystem #AfriCaribbean #GlobalAfrica