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Real Estate Investor Cheick Sanankoua Buys A Stake In Racing Club, D'Abidjan, As A Part Of A '$50 Million Investment Push Into African Sports Over The Next Three Years'

Real estate investor Cheick Sanankoua is investing in African sports. Sanankoua, former Merrill Lynch analyst and Helios Investment Partners investment adviser, is the founder and chairman of Omega Sports Holding LLC, a private investment firm that launched in 2022 alongside Jean-Luc Agboyibo (CEO) to disrupt the sports industry. According to his Bloomberg, the firm is looking to fulfill a “ $50 million investment push into African sports over the next three years.” “We are coming in at an early investment stage, with a plan to bring more institutional investment into African sports and to try and create a bigger economy around the sector,” said Sanankoua, 40, according to Bloomberg. The outlet reports Omega Sports Holding previously invested in Abidjan Basketball Club. Now, the firm has signed off on a second deal, purchasing minority stake in Racing Club d’Abidjan. The Ivory Coast-based team, founded in 1948, is a partner club of OGC Nice, which is owned by billionaire Jim...

Jan 30, 2024

Farming Remotely Just Got Easier Thanks To One Ghanaian Entrepreneur And His Team

As Black men and women throughout the African diaspora turn to farming as a viable career path, a Ghanaian entrepreneur and his team have created the Complete Farmer app to help more aspiring farmers achieve their dreams. Disrupt Africa is reporting that the app, founded by Desmond Koney, first debuted in 2017. Now, it’s making the news today because they recently expanded their operations to the Ivory Coast. The idea behind the Complete Farmer is for Ghanaians to own and operate their farms from anywhere in the world. Users of the app can also get exclusive access to registered cultivation protocols. Best of all, the app uses a combination of satellite, Internet of thing (IoT) big data, and blockchain technology to collect crop insights, which allows farmers to use that data to optimize crop growth and cultivation. The three-sided feature of the app also allows for commodity buyers, food growers, and digi-farmers to interact on a single platform to share best practices. How does...