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21 September 2009
Standard Bank has recommitted its support to Pan African football by signing of an eight year deal with the Confederation of African Football (CAF).
In the new commercial agreement with CAF, Standard Bank has secured sponsorship rights - as the official financial services sponsor - to the following events or tournaments:
- Orange Africa Cup of Nations - biannually: 2010 (Angola), 2012, 2014, 2016
- African Nations Championship (CHAN) - 2009, 2011
- Orange African Youth Championship (Under20) - biannually: 2009, 2011, 2013, 2015
- Orange CAF Confederations Cup - annually: 2009 to 2016
- Orange CAF Champions League - annually: 2009 to 2016.
After successfully partnering the CAF Champions League and the Africa Cup of Nations (AFCON) in Ghana in 2008, the new sponsorship agreement emphasizes Standard Bank's commitment to African football over the long term.
Standard Bank will be the only African corporate sponsor to the Orange Africa Cup of Nations Angola 2010, Africa's premier football tournament.
Under the agreement, Standard Bank will be a sponsor of the AFCON event from 2010 to 2016, as well as other CAF properties that include the CAF Confederations Cup and Champions League.
The decision to partner to partner CAF over an eight year period was driven by Standard Bank's growing presence as a leading emerging markets bank on the African continent.
"It is appropriate that Standard Bank, which has an association with Africa that stretches for almost 150 years and has the largest presence in Africa of any financial institution, should be a key sponsor of African football," said Clive Tasker, CEO of Standard Bank Africa.
"We are proud to be able to have a long-standing commitment to CAF which showcases Africa's accomplishments in the sport through tournaments that attract continental and global audiences. It is because of our desire to make meaningful connections with the communities in which we operate across the continent that we have become a sponsor of the Africa Cup of Nations event until 2016.
The Orange Africa Cup of Nations Angola 2010, which will be held between January 10 and January 31, has increased significance next year as five of the 16 nations involved will represent Africa at the 2010 FIFA World Cup South Africa ?- the first World Cup to be hosted on the African continent.
About the Orange Africa Cup of Nations Angola 2010
Sixteen African teams will compete for the Cup of Nations title, as well as the five qualifying entrants for the 2010 World Cup in South Africa.
The official event draw will be held in Luanda, Angola on November 20.
Currently, 16 countries are taking part in the final round of qualifiers. Of the four teams in each of the five groups, the top three will join hosts Angola for the continental tournament. The group phase of the tournament will run from January 10 to January 21, followed by the knockout stages on January 24 and January 25. The semi-final will be contested on January 28 in Luanda and Benguela, with the third-place contest taking place in Benguela two days later.
The final will take place in Luanda on January 31.
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