FOREIGN investors have started arriving in the country to showcase their goods and services at the upcoming first ever Sport Expo that is slated for 5 September.
During the final conference ahead of the expo, Namibia Sports Commission chief administrator, Freddy Mwiya, said that the expo is significant to the change happening in sport, with efforts from both government and the private sector to professionalise the industry.
“When we went to AFCON, it was not only to watch Namibia play, but we also went there for business. We spoke to the ambassador while there; we also spoke to three business personalities from there. Unfortunately the other two couldn’t come but we are happy that Nagy Yehya came on board,” he said.
Most notable investor that was announce d today is Egyptian business mogul Yehya, who is the Chief Executive Officer of HERO Sportswear that developed ties with Namibia Sports Commission business arm, Tartan Spot Administrator Ltd.
HERO Sportswear also provides premium recreational and sporting goods at key retail price points. It has offices in Cairo and Dubai.
The company is known for producing a variety of samples of all type high-quality material used by teams and clubs’ sport apparel.
Mwiya said that there would be other delegates from Senegal, Botswana, as well as local presenters and exhibitors during the two-day event.
“The Senegalese delegation will be arriving tonight. As you are all aware, we signed an MoU with Senegal last year and so we want to implement some of those agreements. We walk the talk and not just sign MoUs for nothing,” he said.
The exhibition will have close to 63 stalls, of which 95% are local exhibitors.
Entry Fee will go for N$20 per adult and N$10 for scholars. Children and pensioners will enter for free.