Spotify Technology SA co-founder Daniel Ek is pocketing gains from the audio-streaming giant’s stock rebound while increasingly building up his investments outside the company. Ek has filed to sell 650,000 shares of the Swedish firm in recent months through two separate transactions. That’s the first time he’s unloaded stock more than once at this stage of the year...
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Universal Music France partners with Wèrè Wèrè Music to lead Def Jam Africa across French-speaking Africa
Universal Music France (UMF), a division of Universal Music Group (UMG), the world leader in music-based entertainment announced a new strategic relationship with Binetou Sylla, acclaimed producer and founder of leading independent label Wèrè Wèrè Music to lead Def Jam Africa within French-speaking markets on the continent, in collaboration with Universal Music France and its Capitol France division. Dedicated to...
Kenyan Farmers get Fertilizer Boost with $2 million Africa Fertilizer Financing Mechanism Credit Guarantee
In a significant step to advance food security in Kenya, the Africa Fertilizer Financing Mechanism has launched a project that will help deliver nearly 8,000 tons of fertilizers to 100,000 smallholder farmers, boosting harvests and incomes. Through its Fertilizer Financing for Sustainable Agriculture Management Project, the Mechanism will provide a $2 million partial trade credit...
Fifa pen four-year global sponsorship deal with Saudi oil giant Aramco
FIFA is already getting its ducks in the raw for the next World Cup showpiece. The world football governing body announced Aramco, an energy and chemicals company majority-owned by the Saudi government as a sponsor of both the 2026 men’s World Cup and 2027 Women’s World Cup by Fifa. The partnership will run until 2027,...