Sunday 3 May 2009

Dubai World eyes Zimbabwe game park in Africa push

State-owned holding company Dubai World said on Sunday its African unit was investing in a wildlife game reserve in Zimbabwe as part of plans to boost its investments in Africa.

Dubai World Africa, which in March said it bought three top-end South African wildlife game parks, has been pursuing investments that boost its exposure to Africa's tourism sector, including investments in hotels and beach resorts.

"(Africa) is a place where you can see growth... double-digit growth," Dubai World Chairman Sultan Ahmed bin Sulayem told the Arabian Hotel Investment Conference.

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