SUNDERLAND, England, June 25, 2012 /CNW/ - Invest in Africa and Sunderland AFC announced a first for the Premier League at the
club's Stadium of Light this morning.
(Photo: http://photos.prnewswire.com/prnh/20120625/538559-a )
(Photo: http://photos.prnewswire.com/prnh/20120625/538559-b )
Invest in Africa was unveiled as the club's principal partner and shirt sponsor for the
2012/13 season. The Invest in Africa brand will be displayed on the team's kit for a minimum of two seasons
and seen around the globe to the Premier League's audience of 4.7bn
Invest in Africa is a not-for-profit business initiative that will promote Africa as a
leading investment destination and actively challenge misconceptions
about investing on the continent. Invest in Africa's mission is to show that Africa is open for business, and that its
further development is dependent on private-sector investment and
partnerships with local businesses. The partnership with Sunderland AFC
provides a high profile platform for the brand to take Invest in Africa's message to a worldwide audience, the first time a not-for-profit
initiative of this nature has appeared on a Premier League shirt.
Invest in Africa is building a partnership of leading companies working in Africa to
help inspire more investors to do business in Africa. Invest in Africa welcomes interest from likeminded potential founding partners and
companies interested in joining this initiative. Africa's largest
independent oil company, Tullow Oil plc ('Tullow'), is proud to be the
initial Founding Partner of Invest in Africa.
Speaking at the Stadium of Light, Chief Executive of Tullow Aidan Heavey
said: "At Tullow Oil we've known for years that Africa is a thriving
and great place to do business. But potential foreign investors are
still missing out because of outdated perceptions of what it's like to
work in Africa.
"Invest in Africa wants to bridge this gap by challenging misconceptions, showing that
Africa is open for business and helping more investors into Africa in
partnership with local businesses.
"Ultimately this will make Africa a more stable and attractive place to
work, which is in everyone's interests. Which is why we're delighted to
be partnering with Sunderland AFC who share Invest in Africa's ambitions and desire to reach a global audience."
Ellis Short, Chairman Sunderland AFC, said: "We are very proud to have
augmented our relationship with Invest in Africa through this wonderful agreement.
"It is a partnership which sets a new benchmark for the club
commercially but what stands out is while doing so, it truly gives
something back to both our own region and to a continent which has
become a firm part of our club's success story over recent seasons.
"Extending our relationship will enable us to put the club's knowledge
and experience - allied with its immense global reach as part of the
Premier League - fully into practice. It fits perfectly with our own
aims as we continue showcasing Sunderland AFC to a global audience
which simply loves football."
Sunderland AFC chief executive Margaret Byrne commented: "Africa has a
wonderful passion for the game, something which is mirrored here in our
own North East region. Both places are renowned for examples of how
football can engage people and organisations to the extent where it
"Sunderland AFC has established a reputation as a club which champions
that idea. We take immense pride in using the power and pull of
football responsibly to ensure it is driven towards strengthening our
community and improving people's lives.
"The club's Foundation of Light has shown the benefits of encouraging
new business partnerships and investment in the North East. With the Invest in Africa initiative, the club will continue to deliver the same positive impact
to the local business community as well as communities across Africa."
SOURCE Invest in Africa
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NOTES TO EDITORS
About Invest in Africa Invest in Africa is promoting Africa as open for business by challenging misconceptions and inspiring new investors. By enabling these new investors to tap into the knowledge and experience of successful companies already established on the continent Invest in Africa will boost business, jobs and growth. For more information go to http://www.investinafrica.com or contact William Pollen, Director of Invest in Africa, on email@example.com. About Sunderland AFC For information about Barclays Premier League club Sunderland Association Football Club visit http://www.safc.com or contact Louise Wanless on firstname.lastname@example.org.