Commercialising BAL to meet its economic potential in Africa
Amadou Gallo Fall, the President of Basketball Africa League is currently in Rwanda, Kigali and he joined CNBC Africa to speak about scaling up the commercialization of BAL to meet its full economic potential in Africa and beyond.
Fri, 03 Nov 2023 07:03:27 GMT
Disclaimer: The following content is generated automatically by a GPT AI and may not be accurate. To verify the details, please watch the video
AI Generated Summary
- The strategic focus on enhancing the product by infusing African creativity and authenticity into BAL
- Establishing extensive broadcasting partnerships to expand the league's global reach and drive revenue growth
- Tapping into the enthusiasm of the African diaspora worldwide for talent identification and commercial opportunities
Amadou Gallo Fall, the President of Basketball Africa League, sat down earlier in the studios in Kigali to discuss the strategic plans for scaling up the commercialization of BAL. A decade ago, the foundations were laid for what has now become a beacon of hope for basketball in Africa. The partnership between the NBA and FIBA set the stage for the birth of the Basketball Africa League in 2019. The ultimate goal was clear - to establish BAL as one of the premier professional basketball leagues in the world outside of North America. Over the past three years, the league has made significant strides in achieving this vision. One of the key strategies highlighted by Fall is the relentless focus on enhancing the product itself. By infusing African creativity, authenticity, and uniqueness into the league, BAL aims to build a lifestyle brand that resonates not only within the continent but also globally. This approach aligns with the growing trend of African culture being embraced worldwide, from music to other creative industries. In parallel, efforts are underway to strengthen the basketball ecosystem by collaborating with FIBA to improve governance within federations and enhance the structure of clubs. The road to commercial success for BAL hinges on creating a product that is attractive to partners and fans alike. Central to this strategy is the partnership with broadcasting companies. Since its inception, BAL has prioritized expanding its reach through extensive broadcasting in over 200 countries. This season, the league continues to build on this momentum, with games set to be aired across various platforms, including digital and free-to-air stations. The signing of major partners like Canal Plus underscores the growing interest in BAL's content globally. The revenue generated from broadcasting rights is poised to become a significant source of income for the league. The response from audiences outside of Africa has been overwhelmingly positive, driven in part by the large African diaspora scattered across the globe. Markets such as North America, the Caribbean, Europe, and Brazil have shown great enthusiasm for BAL, both in terms of viewership and potential commercial opportunities. Fall emphasized the importance of tapping into the diaspora for talent identification and merchandising ventures. By leveraging the widespread interest in African heritage and basketball, BAL aims to solidify its position as a global sports entity. Looking ahead, the league remains committed to fostering partnerships, expanding its reach, and enriching the fan experience. The journey towards unlocking the full economic potential of Basketball Africa League is not just a dream but a tangible reality on the horizon.