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What we do



We cover the entire sports value chain in Western African football including but not limited to Sports Franchise Ownership, Sports Management and Marketing, Consulting, Sports Content and Sports Financing.



The Group explores various investment opportunities which can be integrated within its current businesses and serves as a link between Africa and the rest of the world.



The Group is involved in the sustainable sourcing of goods from West Africa to the rest of the world.



The Group explores various investment opportunities which can be integrated within its current businesses and serves as a link between Africa and the rest of the world.

About us

Rainbow World Group is a diversified holding company with interest in sports, investments and trading in Western Africa.



Kingsley Pungong

Founder and CEO

Kingsley is an entrepreneur and investor with a vast experience in starting and running businesses in Africa.

Prior to co-founding Rainbow Sports, Kingsley worked in the Washington D.C office of Wasserman Media Group, as a Client relations manager. WMG is a leading sports and media management, marketing and content company, and its divisions collectively represent some of the industry’s most recognized athletes and brands. He was later transferred to the London office as Director of Africa Projects with overall responsibility of directing the firm’s Africa strategy. In this position, Kingsley advised governments, leagues, sportswear manufacturers and professional football clubs in the UK, Europe, North America and Asia. He has represented a number of high profile sporting individuals and has advised upon a number of specialist sports initiatives and high profile product endorsements for football players of African extraction. Kingsley holds a Bachelor of Laws (LLB Honors) a certificate in enterprise from the centre for entrepreneurial learning at the Judge Business School, Cambridge University. He is an alumnus of the Wharton School of Business, University of Pennsylvania, U.S.A where he studied Entrepreneurship.


Momchil Durlev

Founder and CFO

Momchil is a London-based finance and investment professional with specialization in Private Equity and Hedge Funds.

Prior to co-founding Rainbow Sports, Momchil worked at several investment firms providing investment advice to Institutions, Endowments and High Net Worth Individuals–a life-long career he started at the age of 19. His experience across investment spectrum specifically in Emerging Markets spans his career previous to establishing the Rainbow enterprise. In his successful career at CLSA Asia-Pacific Markets, one of the largest and most highly rated independent equity brokerage and financial-services groups in Asia,Momchil was the Head of Research at the Emerging Markets Funds Desk. He was one of the key players of a fully-integrated proprietary trading, research and sales team which was the most profitable desk at CLSA. Momchil earned his post-graduate Master of Science (M.Sc.) degree in International Securities and Investment Banking at The Business School for Financial Markets – ICMA Centre. He was offered a place to read International Economics at Moscow State University of International Relations (MGIMO) at the age of 14, and later graduated with an Honours Degree.


Room 1, Level 2 Palazzo Ca' Brugnera, Valley Road, Birkirkara BKR 9024, Malta

193 Rue Koloko St. Bonapriso, P.O.Box 12456, Douala Cameroon


Phone: +356 35 50 5066 (Malta)
              +237 33 42 71 82 (Cameroon)