2022 Magical Kenya Open Receives KSh56m Sponsorship from Absa Bank

Absa Bank commits Ksh. 56 million to sponsor the 2022 Magical Kenya Open Golf Tournament

This is the 11th year that Absa Bank is sponsoring the international tournament, which is part of the European Tour now called the DP World Tour.

Absa Bank Kenya has extended its sponsorship Magical Kenya Open (MKO) golf tournament in 2022 with Ksh 56 million.

This makes the bank the official presenting partner of the prestigious golf tournament.

This is the 11th year that Absa Bank is sponsoring the international tournament, which is part of the European Tour now called the DP World Tour. 

The 2022 Magical Kenya Open, happening between 3 March to 6 March 2022, will take place at the historic Muthaiga Golf Club, which has so far hosted 40 previous seasons including the tournament’s first edition in 1967.

The event brings together over 150 golfers from Kenya and across the world, including eight Kenyan professionals (Pros), six Kenyan amateurs and two regional players with a prize purse of $2 million.

Absa Bank Kenya Managing Director Jeremy Awori emphasized the important role played by the tournament in reinforcing the country’s positioning as a global sporting and tourism destination since it is one of Kenya’s top sporting events with a large local, regional and global reach. 

“As Absa Kenya, we are proud to yet again, be part of this prestigious tournament that will not only help spotlight the best players in the game, but also give us an opportunity to partner with local Pros and help them bring their possibilities to life. Over the past 11 years, we have worked with the Kenya Open Golf Limited to increasingly grow the profile and stature of the Kenya Open tournament, transforming it into a great asset, not just for the golfing fraternity but also for the country,” Awori said.

“Today, the Magical Kenya Open is now one of the biggest sporting events in sub-Saharan Africa and has contributed immensely to the promotion of Kenya as a global golfing and sports tourism destination. In addition, this tournament allows us as a brand to connect with our fellow countrymen at their passion points and we are looking forward to this year’s magical experience this year,” he added.  

As the official Presenting Partner, Absa’s investment includes supporting local Pros to ensure that they have all the necessary requirements to effectively compete against renowned golfers from around the world. The remaining investment will help KOGL to organize another first-rate tournament as well as heavily publicize the event and showcase the country’s capacity to host international sports events. 

“We know it takes discipline, persistence, and sheer hard work for golfers to prepare for a tournament of this magnitude, and more so during a period where the effects of the pandemic have been constraining.  As Absa, we celebrate their resilience and appreciate their passion in doing what it takes to excel in the sport,” said Awori.

Speaking at the same event, the Kenya Open Golf Limited chairman, Peter Kanyago, expressed delight at having Absa on board for the tournament. 

“The Kenya Open Golf Open Limited takes great pride in having Absa as a presenting partner for two years. Since 2011 while this event was part of the Challenge Tour, Absa’s support has played a significant role in the growth of the Magical Kenya Open Golf Championship and we are entirely grateful for Absa’s consistency in being a partner,” said Kanyago.

Magical Golf Kenya Open Returns at Muthaiga Golf Club in March

 Khusoko is now on Telegram. Click here to join our channel and stay updated with the latest East African business news and updates.

Multimedia platform providing analysis of business & financial news in East Africa.

Leave a comment
scroll to top