Latest Insights
Nigerian Consortium Buys Into E1 Electric Powerboat Series for 2027 Season
Team PRONC signed its entry during E1's Monaco race weekend at the Yacht Club de Monaco, according to a statement. It becomes the latest addition to a grid whose ownership roster is heavily weighted toward celebrity investors, including LeBron James, Tom Brady, Rafael Nadal and Didier Drogba.
How Africa's Richest Man Almost Purchased Arsenal Football Club
He had the billions, the blueprint, and the badge on his wall. The only thing standing between Africa's richest man and Arsenal Football Club was a $20 billion refinery in Lagos, Nigeria.
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.
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.
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.
