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
Led by Sultan Ahmed bin Sulayem, DP World to build $1.1-billion deep-water port in Senegal
Founded in September 2005, DP World is a state-owned port operator based in Dubai.
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.