Former President Barack Obama Joins NBA Africa As Part Owner And Strategic Partner –

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In this capacity, President Obama will have a minority equity stake in the new venture.

The National Basketball Association (NBA) today announced that former President Barack Obama has joined NBA Africa as a strategic partner.

President Obama will help advance the league’s social responsibility efforts across the continent, including programs and partnerships that support greater gender equality and economic inclusion. In this capacity, President Obama will have a minority equity stake in the new venture, which over time he intends to use to fund Obama Foundation youth and leadership programs across Africa.

NBA Africa conducts the league’s business in Africa, including the Basketball Africa League (BAL), which held its inaugural season in May featuring 12 of the top club teams from 12 African countries. NBA Africa is focused on expanding the NBA’s presence in priority African markets, deepening the league’s engagement with players and fans across the continent, and…



Source: Complete Sports

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