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Old Mutual Private Equity sells sports group MoreCorp to RMB Ventures after decade-long hold
Closing out a 10-year investment in which the business tripled its turnover. A rare occurrence in Africa’s Sports Business.
Lupita Nyong’o Invests in Nairobi City Thunder as Kenyan Basketball Attracts New Capital
One of Kenya’s most internationally recognised figures joins the ownership group of the basketball club.
Landmark Africa Returns to Lagos Waterfront With 20,000-Seat Arena Plan
Landmark Africa is planning the Dream Theatre Entertainment Centre, a 20,000-capacity indoor arena in Lagos anchoring more than 70,000 sqm of mixed-use development.
Ellis Park Rebrands as 10bet Ellis Park in Five-Year Naming Rights Agreement
Johannesburg's 1995 World Cup final venue names a new commercial partner after Emirates' exit, in a deal spanning rugby, football and precinct regeneration.
Lagos Arena: Nigeria's Largest Indoor Arena Is Coming
First conceived under the name "Project Arena," the $100 million development is being built in the Victoria Island neighbourhood and is designed to host both major sporting events and concerts.
Helios Sports and Entertainment Group Receives Up to $50M To Invest In African Sports, Entertainment and Media
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.
Nigerian Singer-Songwriter and Grammy Award Winner Tems becomes a part of MLS San Diego FC ownership Group
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.
