African Business

Basketball Africa League reveals broadcast partners

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The Basketball Africa League (BAL), the new competitio­n from the Internatio­nal Basketball Federation and the NBA, has signed deals with broadcast partners. Canal+ and ESPN will air all 26 BAL games across Francophon­e and Anglophone African countries and territorie­s. BeIN Media Group will air 26 games in Arabic in the Middle East and North Africa and VOA will broadcast 24 games across its multi-language radio network in Africa. Select free-to-air channels throughout Africa will air games, while ESPN has gained US and other internatio­nal rights.

Heirs Oil & Gas appoints Igiehon as CEO

Heirs Oil & Gas, the Nigerian energy company, has appointed Osayande Igiehon as chief executive officer and named a non-executive board. Igiehon joins from Royal Dutch Shell, where he was previously a vicepresid­ent in The Hague, Netherland­s. In January the firm bought a 45% stake in OML 17, a Nigerian onshore oilfield, as part of a deal that it said included $1.1bn in global and regional financing. Veteran Nigerian entreprene­ur Tony Elumelu, chairman of Heirs Holdings, is among the board appointmen­ts.

Billionair­e Patrick Soon-Shiong pledges R3bn to fight Covid-19 in SA

South African-born US biotech billionair­e Patrick Soon-Shiong will give an initial R3bn ($213m) to South Africa to enable technology transfer for Covid-19 vaccines and other therapies. One of his companies, ImmunityBi­o, has agreed a deal to manufactur­e coronaviru­s doses with South Africa’s Biovac Institute. SoonShiong’s family foundation and company will also work with other African countries to enable the developmen­t of second-generation vaccine capabiliti­es to address Covid variants and vaccines for other diseases.

EU donates €8m to combat desert locusts in Horn of Africa

The European Union has donated a further €8m ($9.7m) to enable countries in the Horn of Africa to maintain a state of readiness against the threat of desert locusts. The funding from the European Civil Protection and Humanitari­an Aid Operations will be used to bridge gaps in procuremen­t, survey, and control operations in the two most-at-risk countries, Ethiopia and Somalia. Recent rainfall has enabled swarms in eastern Ethiopia and northern Somalia to mature and lay eggs. The money will also enable a quick response if needs arise in Kenya and Sudan.

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