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.
HMRC names Isle of Man firm in tax avoidance scheme
Laxey restaurant Ballacregga Tea Room closes as tenant steps down
Employment and Skills Fair takes place today
Manx food producers encouraged to attend major event in London
