By
Adetunji Faleye
Of all sporting activities
people engage in, football remains the most cherished one in Africa. From
Morocco to Ghana, Ethiopia to South Africa and Central African Republic to
Nigeria, football has captured the frenzy of young and old, men and women.
It is always a festival of
sort and marketing opportunities for individuals, brands and organizations each
year African Cup of Nations (AFCON) is being organized.
Already, big name brands
have been sponsoring AFCON and other football activities on the continent, and
the end result of lashing on the marketing opportunity has always shown that they
have remained favourites in the minds of football lovers and other
enthusiasts. A brand like Total has
become the title sponsor for CAF’s top competitions over the years. The oil and
gas brand believes that the company's commitment to AFCON’s sponsorship enables
it to strengthen ties with stakeholders and customers through exciting football
tournaments.
Also, Orange, when signing
a new eight-year partnership as an official sponsor of AFCON stated that football is the number one passion of its
customers in Africa and the Middle East, and the new partnership will allow the
brand to bring customers even closer to the game they love.
Worthy of mention is Binance,
the world’s largest cryptocurrency exchange by volume which announced a deal
with the Africa Cup of Nations to become the official and exclusive
cryptocurrency and blockchain for the tournament hosted by Cameroon in 2021.
Founded in 2017 and
registered in the Cayman Islands, Binance is the world’s largest cryptocurrency
exchange by trading volume, processing $76 billion worth of crypto per day.
Its AFCON sponsorship was
another move in the company’s quest to strengthen its presence in Africa. With
a population of 1.2 billion Africans and the prevalence of blockchain
technology and its use cases, African continent could lead the future of the
blockchain industry.
Greatly, AFCON sponsorship
is a unique opportunity for Binance being that it is the biggest sports
tournament on the continent, and it is being broadcasted in more than 160
countries around the world, with an audience of more than 300 million. Binance had
the opportunity to turn eyeballs on the most popular sport in Africa to drive
crypto and blockchain adoption and enable greater access to financial services
for the unbanked on the continent.
Interestingly, many brands
have continued to increase their market shares by sponsoring one football
tournament or the other. One of such football tournaments is Higher Institutions
Football League (HiFL), a worthy football league for brands to grab. In 2018, Pace
Sports and Entertainment Marketing Limited and the Nigerian University Games
Association (NUGA) began Higher Institution Football League (HiFL) as the
biggest collegiate football tournament in Nigeria and West Africa by extension.
And since that year, it has become a success story, creating marketing
opportunities for brands and organizations to tap into, producing many
fantastic players plying their trade in Europe, and also contributing its quotas
to football development from the grassroots level upward.
HiFL remains the best
sports marketing opportunity available to brands to create top- of-the- mind awareness.
With more than 10,000 spectators watching each march across the country, and
the availability of millions of football fans watching it at home on DStv,
nothing comparable to such window of opportunity.
Already, brands like
Stanbic IBTC, BOLD, Hiversa and Lagos State Inland Revenue Service have been
reaping the benefits of being the marketing partners to the HiFL. They have
been able to connect with millions of their consumers/customers through HiFL
with immense opportunity to see platform.
Speaking about HiFL
recently, Chinedum Okereke, Managing Director, The LaCasera Company said, “Bold
is delighted to be associated with HiFL because the project aligns with the
company’s commitment towards contributing to youth development in Nigeria.”
Other brands are also very
delighted to be on HiFL platform having the same values and objectives, which
is working towards nurturing and growing young talents. They said, they will
always support any youth-centric activities due to enormous opportunities the
tournament has created for their brands.
Testimonies like these are
the reasons organizers have been calling on other brands in the country and
around the world to take the opportunity of HiFL to further worm themselves
into the minds of consumers. They said, brands need to build on endless marketing
opportunities in the subsequent editions to promote their brands and the values
they stand for.
Sola Fijabi, Co Founder, Pace
Sports and Entertainment Marketing Limited, organiser of the Higher
Institutions Football League has restated unflinching commitment towards improving
the league for the foreseeable future, and make it the most-watch collegiate
football league in the country and beyond.
What now left for brands
and brand custodians is to renew their marketing strategies by incorporating
sports sponsorship in their programmes and positively channel their energy in
the direction that we create immeasurable awareness for their brands.
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