Nigerian billionaire Aliko Dangote's port plan clashes with DP World's $7 billion deal
Ogun State's $7 billion port deal with DP World has raised questions about Aliko Dangote's 80% stake in the existing Olokola free trade zone venture.
DP World
Dutch-Nigerian billionaire Cornelis Vink buys UAC's 43% of DP World's Nigerian logistics arm
Cornelis Vink's TGI Group is buying UAC of Nigeria's entire 43% holding in DP World Logistics, in a deal disclosed to the exchange on Sept. 24.
Kenyan tycoon Suleiman Shahbal signs a $100 million Mombasa deal with Dubai's DP World
DP World is putting more than $100m into a 535-acre industrial zone at Jomvu with Suleiman Shahbal's GulfCap. At the signing, President Ruto used the podium to tell Shahbal to abandon his bid for Mombasa governor.
Mohammed Akoojee-led Imperial Logistics acquires controlling stake in Africa FMCG Distribution Limited
The transaction is Imperial’s first since being acquired by DP World on March 21.
Dubai-based businessman Sultan Ahmed bin Sulayem’s DP World acquires South African logistics firm
The buyout will see South African businessman Mohammed Akoojee earn at least $1.5 million.
Sultan Ahmed bin Sulayem’s DP World invests $1.72 billion in upgrading African seaports
Together with the British CDC Group, DP World will modernize seaports in Egypt, Senegal and Somaliland.