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Asamoah Gyan Companies

Asamoah gyan companies
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Read on to know the number of Asamoah Gyan companies

Asamoah Gyan born 22 November 1985 in Accra is a Ghanaian professional footballer who plays as a striker for Kayserispor and captains the Ghanaian national team.

Gyan began his career in 2003 with Ghanaian Premier League club Liberty Professionals scoring a prolific ten goals in sixteen matches then spent three seasons with Serie A club Udinese via two seasons loan at Modena netting on fifteen occasions in 53 league matches and at Udinese where he scored 11 times in 39 league matches. In 2008, Gyan joined Ligue 1 club Rennes, netting fourteen times in forty-eight league matches during two seasons. In 2010, Gyan joined Premier League club Sunderland, breaking the club’s transfer record and netting on ten occasions in thirty-four Premier League matches during two seasons.

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In 2011, Gyan joined Al Ain of the UAE Pro-League on loan and became the league’s top-goalscorer, scoring 24 times in 27 matches. In the following season, Gyan permanently joined Al Ain and once again became the league’s top-goalscorer while he helped Al Ain retain the UAE Pro-League title, scoring an impressive 28 goals in 32 matches. In the 2013–14 season, Gyan prolifically scored on 44 occasions in 40 matches with Al Ain.

Gyan is the all-time leading goalscorer of the Ghana national team, with 51 goals. He represented Ghana at the 2006, 2010 and 2014 FIFA World Cups. With 6 goals, he is the top African goalscorer in the history of the World Cup. Gyan has also represented Ghana at the 2004 Summer Olympics and in seven Africa Cup of Nations in 2006, 2008, 2010, 2012, 2013, 2015 and 2017, helping them finish in third-place in 2008 and runner-up in 2010 and 2015.

Asamoah Gyan made his 20 million dollar fortune with Modena & Ghana. But how does this talented passionate football player from Accra, Greater Accra, Ghana spend his money? And how rich is this single in terms of friends & family?

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READ ASAMOAH GYAN NET WORTH

Black Stars captain, Asamoah Gyan, has obtained a license from the government of Ghana, to operate an airline in the country.
The airline, Baby Jet Airlines, is expected to commence operations soon.This was announced by President Akufo-Addo at the 2017 African Airshow at the Kotoka International Airport.
Reports suggest that the company will commence operations with cargo handling, before expanding subsequently to airlift travelers.
It is, however, unclear whether the Airline will be solely focused on domestic travels and cargo handling, or will operate within the sub-region or serve as an international airline.

The Black Stars captain has a chain of businesses under his Gyan Group of Companies being run by his close associate, Samuel Anim Addo.

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Asamoah  Gyan Companies

1. Coach Buses.

He has over 30 buses plying the Accra-Kumasi route. Let’s just say he’s got VIP buses of his own.

2. Baby Jet Promotions.

This is his boxing promotions company. They currently promote and manage Emmanuel “Game Boy” Tagoe the IBO Lightweight champion.

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3. Real Estate.

The footballer is into real estate development and has a lot of buildings and apartments which he rents out to individuals and companies. He also has a lot of hostels spread across the country.

4. Gas Stations

He also has a number of gas stations around the country under his name.

5. ASA Band.

The ASA Band is owned by the Black Stars captain and he sometimes performs with them.

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6. Mama Vits Noodles and Rice.

This is a food company that imports noodles and rice and it’s owned by the captain of the Black Stars.

7. JetLink Events & Logistics.

This is one of his companies that is into the construction of stages, trusses, lights, Public Address systems, tents and LED screens for all events.

8. Mining.

He is also in the mining industry and has a lot of mines producing gold to his credit.

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9. Water Company.

He also has a company producing bottled water in the country known as Paradise Pac Drinking Water.

10. Airline Business.

The baby of the companies has to do with the newly announced airline company that will be dealing with cargo for now.

11. Infiniti.

This is an entertainment hub with a pub, club and event center.

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MultiChoice stakes $281.5 million in BetKing, widening Nigeria’s betting market.

MultiChoice
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MultiChoice purchased a 20% stake in Blue Lake Ventures Limited, a pan-African sports betting and Entertainment Company known as BetKing, in October 2020. Now, through its wholly-owned subsidiary, Mwendo Holdings B.V, MultiChoice aims to buy a further 29%.

This means Multichoice will have a non-controlling 49% share in BetKing Nigeria, valued at $281.5 million, in line with its aim to extend its entertainment ecosystem and build important future value drivers.

However, the completion of this deal is dependent on some substantive conditions. 

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First, Multichoice has to secure debt funding. To complete the transaction, they need to raise about $294.45 million in rand-denominated debt.

Secondly, the completion of the employee share incentive scheme is fundamental. The arrangement includes creating an employee share option plan by apportioning 10% of the company’s equity. More so, shareholders will own shares in the diluted business. 

Thirdly, they have to obtain regulatory approvals from antitrust or competition authorities in various jurisdictions. 

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Other requirements include agreeing on a reasonable exit clause for minorities who will sell down to recoup some of their initial investment.

MultiChoice
MultiChoice stakes $281.5 million in BetKing, widening Nigeria's betting market. 34

Multichoice Group CEO Calvo Mawela believes that sports betting is an exciting and buoyant market that is well-aligned with the company’s Pay-TV business.  He further adds that the majority of betting enthusiasts watch a lot of games, which Multichoice is known to show on its platform.  

About Betking Nigeria

Widely acknowledged as one of the popular sports betting platforms in the continent, Betking Nigeria was founded by Bryon Petzer and Adekunle Adeniji, who previously worked as Bet9ja’s virtual product manager. 

As of Dec 2020, Betking increased its annual revenue by 42% to $54.7M in 2019 to $77.9M. Meanwhile, its net asset value stood at $100.2M. 

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According to Technavio, the sports betting industry is expected to grow by more than $134 billion between 2020 and 2024, with a remarkable compound annual growth rate (CAGR) of 10%.

Nigeria’s betting space

Popular betting companies like Betking, Sporting Bet, Nairabet, Naijabet, Bet9ja, and Surebet24 dominate the betting space in Nigeria. 

In 2018, about 60M Nigerians ages 18-40 were involved in sports betting. Approximately, ₦2 billion was spent on active sports betting daily. Yet, Africa holds only 2% of global sports betting revenue. This, without a doubt, rationalizes BetKing Nigeria investment, as the continent is poised for great momentum as it starts to play catch-up.

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