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Shuttleworth buys Island resort

Manx-based multimillionaire Mark Shuttleworth has splashed out more than £11 million on an exclusive resort off Africa’s west coast.

The resort on Príncipe Island has 34 bungalows which cost up to £7,500 a night and two private beaches.

Mr Shuttleworth, who founded Canonical software, says he’s thrilled with the purchase and he wants to help develop eco-tourism, agriculture and sustainable forestry on the Island paradise.

And he’s also signed an investment agreement with the regional government which will see him invest in the Island's airport and pier.

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