Tanzania Clarifies Land Ownership as Tim Draper Sells Lupita Island Stake
Tanzania has clarified that Lupita Island remains state-owned as billionaire Tim Draper seeks $7.9 million for his stake in the luxury resort’s investment rights.
Category: Billionaires
Joshua Kushner regrets failed $20 billion FIFA commercial rights deal
Billionaire Joshua Kushner has expressed regret over a failed $20 billion FIFA commercial-rights proposal that would have sent $2.16 billion to African football associations.
Femi Otedola’s First HoldCo Stake Hits Record $1.4 Billion Valuation
Femi Otedola’s stake in First HoldCo has reached a record value of $1.42 billion following an all-time high in the company’s share price on the NGX.
Kunle Soname Rejects Push to Lead Nigeria Football Federation
Billionaire Kunle Soname has repeatedly declined offers to lead the Nigeria Football Federation (NFF) after the resignation of the federation’s entire executive committee.
Mining Tycoon Sandile Zungu Cleared to Contest SAFA Presidency
South African mining tycoon Sandile Zungu has been cleared by SAFA’s governance committee to challenge Danny Jordaan for the presidency in an election scheduled for September 12.