12.05
Dubai World Africa… has set its developer sights on six African countries: Benin, Gabon, Uganda, Tanzania, Botswana and Namibia.
Dubai World already operates in South Africa,Rwanda,Djibouti,Comoros,Zanzibar,Mozambique,Morocco, and Senegal
Why these particular nations ? Multiple reasons could be advanced ,but undoubtedly it has to be the recognition of the value and growth potential of Africa real estate assets ,[that has justified their presence in Africa in the first place] that is guiding their expansion plan.Better buy low now and sell high later,all while enjoying a nice cash flow from the sale of offshot products and services.
For now let’s focus on the types of real estate investments their Africa portfolio will consist of:
5 stars hotels
Luxury Apartments
Ecological Lodges
Water villas
Restaurants
Night Clubs
Overall Dubai World Africa plans to invest 1billion USD over the next 5 years in the real estate sector of these economic markets.
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