Dubai World Africa (DWA), Cape Town, last year acquired Cape Town's Victoria & Alfred Waterfront for ZAR7 billion (US$890 billion) and has a master plan that will add six hotels to the nine open today, according to CEO James Wilson. The first addition will be a 130-room Kerzner International One&Only property already under construction. DWA also has acquired the Pearl Valley golf estate in theheart of the Cape winelands for US$75 million, and is investing another US$75 million to upgrade the project, including a 140-room, 5-star hotel.In Rwanda, what Wilson likes to call "the Switzerland of Africa, with its outlook and business sense," DWA is investing US$230 million over three years on a tourism master plan and will build three, 4-star hotels at the foothills of three national parks and a 5-star golf resort with 300 luxury apartments in the capital, Kigali.
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