Investment & Capital
Featured
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.
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.
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
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.
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.
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.
The initiative is to shift focus from natural resource extraction to long-term human capital development in other sectors such as sports.
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.
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.
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 as 6th investor in the league. Current investors include Italian, Irish, Welsh, Scottish Rugby Unions and Private Equity Company CVC Partners
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.
The portfolio which includes a $26 million development in partnership with Zaria Group (co-founded by Toronto Raptors president Masai Ujiri). The hospitality and development company has a project in Kigali, Rwanda.
Roc Nation Sports International (RNSI), the global sporting arm of Jay-Z's Roc Nation has formally expanded its African football operations, signing eight emerging talents across six countries as part of a structured Sub-Saharan recruitment strategy.
The Nigerian global music star enters through her company, The Leading Vibe, reinforcing a growing trend of cross-industry capital flowing into professional football. Her investment is made in partnership with Pave Investments, the African private investment firm that previously participated in the 2021 investment into NBA Africa.
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.