GOV. SANWO-OLU IN LONDON SEEKS FOREIGN INVESTMENTS, PARTNERSHIPS.(PHOTOS). #PRESS RELEASE.

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SANWO-OLU IN LONDON SEEKS FOREIGN INVESTMENTS, PARTNERSHIPS   •Governor charges Commonwealth states to bring capital, technology, expertise to Lagos The Governor of Lagos State, Mr. Babajide Sanwo-Olu, on Monday charged the Commonwealth’s 56 member states to invest in Africa, particularly Lagos, by bringing their capital, technology and other expertise, promising that they will find not just market and opportunity but partner and relationship.   He said the Commonwealth's greatest advantage is not simply its shared language, shared laws or shared history but its people, noting that nowhere is that advantage more vivid, dynamic or consequential than in Africa.   Speaking as a Keynote Speaker at the opening ceremony of the Commonwealth Trade and Investment Summit held at Mansion House, London, on Monday, Governor Sanwo-Olu said Lagos is ready for partnerships and relationships with global investors.   The theme of the opening session is “The Commonwealth's Advantage". ...
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CAF INCREASES CHAN PRIZE MONEY TO $10.4M.(PHOTO).

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 CAF increases CHAN prize money to $10.4 m


The Confederation of African Football (CAF) has increased the prize money of the winner of the CAF African Nations Championship (CHAN) Kenya, Tanzania, and Uganda 2024 by 75%, with the winner now receiving USD 3.5 million, a CAF statement said, TRT Afrika reported.


CAF announced that the total prize money for the tournament has also been increased by 32% (USD 10.4 million).


CAF President Patrice Motsepe said in the statement the competition is “part of our strategy of investing in African football and making it appealing and attractive to football fans, TV viewers, sponsors, partners, and other stakeholders in Africa and worldwide.”


The CHAN Kenya, Tanzania, and Uganda 2024 is scheduled to hold between Saturday, February 1- 28, 2025.


Qualified nations


17 countries have already qualified for the tournament, namely Kenya, Tanzania, Uganda, Morocco, Guinea, Senegal, Mauritania, Niger, Burkina Faso, Nigeria, Central African Republic, Democratic Republic of Congo, Congo, Sudan, Zambia, Angola, and Madagascar.


“CHAN is an important competition for the development and growth of Africa-based football players and talented young players and will contribute significantly to the global competitiveness of African football and CAF competitions,” the CAF statement added.


Senegal's Lions of Teranga are the reigning CHAN champions after defeating hosts Algeria 4-5 in a tense penalty shootout that ended the finals of the 2022 edition.

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