Monday marked the start of the TotalEnergies Africa Cup of Nations tournament — the largest men’s football championship series in Africa. At the same time, Binance announced its official partnership with the Confederation of African Football as well as its official sponsorship for the AFCON 2021 tournament, becoming the first crypto and blockchain sponsor for the event.

Through this sponsorship, Binance will also be promoting CAF’s social media content which will include the Assist of the Day, Assist of the Week and Assist of the Tournament. This content will cover games from five cities in Cameroon across all six venues.

Veron Mosengo-Omba, the General Secretary for the CAF, was “delighted to welcome Binance as an official sponsor of the AFCON tournament this year.” Mosengo-Omba said that he is optimistic that this partnership will “push African football to a new level.”

AFCON 2021 marks the start of the African sports calendar and will continue until Feb 6.

Binance’s partnership with CAF is a part of an ongoing campaign to provide financial services to Africans who they say would normally have very limited access to banks and other financial institutions. So far, Binance says it has already given over 541,000 Africans access to free classes on crypto.

Binance Director for Africa Emmanuel Babalola stated: “Football is the most popular sport in Africa.” He said that they hope this sponsorship will further “corroborate our mission to take crypto mainstream across the continent.”

Source: Cointelegraph

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

MakerDAO launches biggest ever bug bounty with $10M reward

MakerDAO has announced that it will begin offering a maximum of $10…

EU bans providing ‘high-value crypto-asset services’ to Russia

The Council of the European Union has cut Russians off from certain…

Arkham Intel Exchange approves $5K bounty for info on Do Kwon and Terra wallets

A platform aimed at “deanonymizing the blockchain” has accepted its first submission…

Creating ‘good’ AGI that won’t kill us all: Crypto’s Artificial Superintelligence Alliance

After a year of increasingly dire warnings about the imminent demise of…