This Tuesday, March 14, 2023, Mr. Coffi Mike, Managing Director of Africa Capital Markets Corporation (ACMC), launched the first sports investment fund: Detect Pro Fund, focused on the detection, training and development of football talents in Ivory Coast and West Africa.

This fund, created in partnership with the ICEF Africa Paris Saint Germain Academy Pro, aims to finance 100 (one hundred) young talents from disadvantaged backgrounds, for a period of 5 years, i.e. 20 (twenty) young people per year on average with a target size of 4.3 billion FCFA.

According to Mr. Coffi, CEO of the Fund, our ambition is to achieve 3 major objectives: 

“1. A social aspect through the financing of the educational and sports training of talents mainly from underprivileged backgrounds. 

2. Allow local training clubs, partners of the program, to benefit from income via the FIFA mechanism of training solidarity allowances, and therefore allow the improvement of their infrastructures as well as the training of young talents who should enhance the quality of our local championship. 

3. Create a pool of professional players who will strengthen our national team and improve its representation in international competitions. »

The Fund was designed as a Société Anonyme à Capital Variable with a Board of Directors. Detect Pro Fund is based on the performance of professional players playing in international football clubs and  targets well-informed private and institutional investors looking for innovative and high-performance investments.

According to the representative of the Minister of Sports, M Avoa Olivier, “  this initiative by a private investor is highly appreciated and encouraged by the Minister. He  specifies  that: "this is in line with the objective of the President of the Republic, which is to make youth a priority in 2023."

About  Africa Capital Markets Corporation

ACMC is an investment bank created by Mike COFFI which aims to contribute to the development of regional economies through innovative and effective financial solutions, capable of impacting the private and public sector as well as households in the WAEMU zone.

ACMC covers all financing issues from the search for financing, to M&A advice (buyside, sellside) through the structuring and financing of projects.

We cover a wide range of business sectors and are able to provide dedicated solutions to complex issues.

Our expertise with our Corporate Finance Consulting department covers all WAEMU markets and our experts are qualified to support all types of clients and complex transactions thanks to our innovative and tailor-made solutions.

About  The Icef Africa Paris St Germain Academy Pro

The purpose of The ICEF Africa Company is to disseminate and promote the values ​​of sport through its area of ​​expertise, Football.

Through its program, The ICEF Africa / Paris Saint-Germain Academy pro Senegal, The ICEF Africa company aims to train and maximize the potential of each player towards an international professional career ambition, mainly in Europe. This program is based on a dual Excellence scheme: sporting and academic in order to ensure a 360° development of these high-potential players.

The ICEF Africa company is an entity of Strive Football Group which has different clubs and academies in the world whose objective is to promote the exposure of players and multiple gateways according to the profile of each player.