Written by: Akiko Fujita, Yahoo Finance
Dikembe Mutombo put the Democratic Republic of Congo on the basketball map, when he was first drafted by the Denver Nuggets nearly 30 years ago.
Now, he’s betting big on Africa’s basketball potential as a key investor in NBA Africa, a new entity overseeing the league’s business on the continent.
Speaking to Yahoo Finance Live, the Hall of Famer singled out Africa as a critical growth market for the league, given its demographics. More than 60% of the population is under the age of 25, making it the youngest population in the world.
“This is a dream come true,” Mutombo said. “More than 800 million people living on the continent are under the age of 24 years old. So, we have a chance to grow this game before [the population] reaches 2 billion people.”
Click here to read the full article on Yahoo Finance: Dikembe Mutombo on the NBA doubling down on Africa: ‘They have the potential to grow anything’
