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Masai Ujiri's Zaria Group Sign Landmark Nairobi Arena Development Deal
The project is expected to generate more than 25,000 jobs annually and introduce world-class infrastructure designed to support athletes, artists, and the broader creative economy.
South African Football Club Kaizer Chiefs Launch Women's Team
The launch positions Kaizer Chiefs within a growing cohort of African clubs formalizing women's teams, as governance bodies, sponsors, and clubs increasingly converge around the commercial and developmental potential of the women's game.
Masai Ujiri Joins Toronto Tempo Ownership as WNBA Expands Into Canada
A key figure behind the Toronto Raptors’ 2019 NBA title, has joined the ownership group of the Toronto Tempo, Canada’s first Women’s National Basketball Association (WNBA) franchise, as a Principal Owner.
LALIGA and Royal Bafokeng Nation Open Elite Youth Academy in South Africa
The new youth football academy in South Africa, deepens the international investment into player development pathways on the continent.
PFL Parts Ways With Francis Ngannou, the Former UFC Champion
In a statement, the league said it had “made the decision to part ways with Francis Ngannou,” adding that it has “great respect for Francis as both an athlete and a person”. Ngannou joined the PFL in 2023 after a high-profile departure from the Ultimate Fighting Championship, as one of the most significant free-agent signings in MMA history.
Uganda Explores NBA Africa Partnership to Develop Basketball
Uganda's Chief of Defence Forces Gen. Muhoozi Kainerugaba, also serving as Senior Presidential Adviser for Special Operations, has met with NBA Africa CEO Claire Akamanzi to explore expanding and professionalizing basketball in the country.
Adidas to Elect Egyptian Billionaire Nassef Sawiris as Supervisory Board Chairman
The Supervisory Board has agreed to propose Sawiris for re-election to the board for an additional three-year term. If approved by shareholders at the meeting, the board intends to elect him as chairman immediately afterward.
Rwanda Explores Roc Nation Partnership as It Deepens Its Sports and Tourism Strategy
The Rwanda Development Board (RDB), in collaboration with the Rwanda Convention Bureau and the Ministry of Sports, is exploring a potential strategic partnership with Roc Nation - the global entertainment and sports company founded by Jay-Z.
Sportainment Platform LegaXy Expands Into MENA Through UAE Partnership
The move marks LegaXy's first international expansion, positioning it as the first Indian sportainment platform to establish operations in the region. The partnership will build an integrated sports management ecosystem across MENA, spanning: athlete representation, brand partnerships, experiential activations, original content development.
Silverbacks Holdings In Talks with NBA to Acquire a franchise in NBA Africa’s Basketball Africa League (BAL)
Silverbacks already holds a significant minority stake in the Cape Town Tigers, a team that has competed for three seasons in the Basketball Africa League.
Premier Invest Advances Launch of African Sports & Infrastructure Fund (ASIF)
African Sports & Infrastructure Fund (ASIF) is a proposed $150m Africa-focused infrastructure fund designed to leverage sports and cultural influence as an entry point for long-term infrastructure
Ghana Sports Fund has appointed a New Fund Manager
Dr. David Kofi Wuaku has been appointed as its first fund manager, marking a key milestone in the professionalisation of sports financing in Ghana. Dr. Wuaku brings over 30 years of experience in banking and financial management.
Alta Semper Acquires Major Stake in Nature’s Rule
Private Equity firm Alta Semper Capital LLP has signed an agreement to acquire a majority stake in Nature Rule - a leading sports nutrition and dietary supplement company in the UAE with manufacturing base in the Egypt.
From Fintech Liquidity to Sports Assets: Silverbacks Holdings Bets on Africa’s Sports Economy
Financially, the firm has delivered: 13.7x overall cash-on-cash returns across fintech investments over five years, 29x return on LemFi following a $53m Series B, 5x cash-out from OmniRetail Africa.
Nigerian National Petroleum Company limited (NNPCL) partners With The Nigerian National Institute of Sports (NIS)
The initiative is to shift focus from natural resource extraction to long-term human capital development in other sectors such as sports.
NBA Africa Awards 5 African Startups Triple-Double Prize
NBA provided winners with financial support and the opportunity to join the Carnegie Mellon University Africa 12-Month Business Incubation program. See all prize winners.
Ghana Creates National Sports Fund to Develop Infrastructure
The fund is designed to develop infrastructure across the country from tracks and stadia to multi-purpose sports facilities, a move that will improve local sporting ecosystems and enhance facilities.
Afreximbank Backs Uganda Stadium Development with $36.4M Financing Facility
Uganda Stadium Project Secures $36.4m Afreximbank Financing via Egypt’s SAMCO. Akii Bua Stadium is expected to host some of the 2027 Africa Cup of Nations (AFCON) games which Government of Uganda is co-hosting with its East African neighbours Government of Kenya and Government of Tanzania in a joint bid.
SA Rugby Joins CVC Capital Partners, IRFU, and others as shareholder in the Vodacom URC
SA Rugby joins as 6th investor in the league. Current investors include Italian, Irish, Welsh, Scottish Rugby Unions and Private Equity Company CVC Partners
South African Rugby Player Siya Kolisi Joins Global Sports Group (GSG)’s Athlete Advisory Board to Fuel its growth
The advisory board will meet regularly with Global Sport Group (GSG)'s leadership and league partners to help shape commercial strategy, guide investment decisions, and explore opportunities for market expansion.
