Former President Barack Obama’s investment in Basketball Africa will be used to support youth and leadership programming for the Obama Foundation across the continent.
Former President Barack Obama has hit another milestone.
America’s beloved first commander-in-chief has become a strategic partner and minority owner in the National Basketball Association (NBA)’s African league — Basketball Africa.
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NBA Africa oversees the Basketball Africa League which has seen investment from former basketball stars, Dikembe Mutombo, Grant Hill, and Junior Bridgeman.
Obama’s investment in the league will be used to support youth and leadership programming for the Obama Foundation across the continent, reports CNN.
The exact terms of Obama’s investment have not been disclosed.
In a statement, the former president wrote, “The NBA has always been a great ambassador for the United States—using the game to create deeper connections around the world, and in Africa, basketball has the power to promote opportunity, wellness, equality, and empowerment across the continent.
“By investing in communities, promoting gender equality, and cultivating the love of the game of basketball, I believe that NBA Africa can make a difference for so many of Africa’s young people.”
Source: Obama becomes minority owner, strategic partner for NBA Africa
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