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The impact of sports on the aggregate economy is purely multi-dimensional. [Istockphoto]
The value of sports to the economies of African countries remains an unexploited resource that needs prioritisation and concerted efforts to harness its full potential. Developed countries consider sports a key driver of socio-economic development. This underscores the increasing role of sports as an instrument for positive change and transformation of livelihoods.
Just as Africa is home of most highly-prized minerals, the continent is also endowed with natural sports talent in football, rugby, basketball, athletics, cricket, boxing and hockey, among others. This endowment is not gender-biased. In Africa, Kenya and Ethiopia are home to some of the finest athletes that the world has ever produced.
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