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moves money Innovation Village | Technology, Product Reviews, Business October 19, 2026

How Helios is funding Africa’s $20 billion sports economy?

AI Summary

Nigeria’s sports economy is currently undergoing a transformative period of commercialization, rapidly evolving into a highly lucrative asset class. In 2025, the domestic sector successfully attracted more than ₦50 billion (approximately $37.5 million) in private-sector investment. This capital influx is the result of a powerful market convergence: soaring global demand for African sports and cultural exports, a digitally connected and youthful consumer base, and an increasingly prominent pipeli

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