Dubai World eyes Zimbabwe game park in Africa push

DUBAI (Reuters) - 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.

"It's virgin and has so much charm and we can add value to it," he said, adding Dubai World was looking at investing in game parks in Zimbabwe and South Africa.

Game parks are large areas of a country set aside as reserves for wild animals.

A company official confirmed that Dubai World Africa is developing the Bubye reserve in troubled African state Zimbabwe.