A COMPANY assigned to find the best investments for the Dubai government is expanding its footprint in South Africa, and has big plans for the African region.

A COMPANY assigned to find the best investments for the Dubai government is expanding its footprint in South Africa, and has big plans for the African region.

Dubai World, the holding company of the South African-based Dubai World Africa Services which owns the V&A Waterfront in Cape Town, manages and supervises a portfolio of businesses and projects for the exotic tourist destination's government.

The company said a careful and selective recruitment drive had taken place to fill senior management positions in the African office in anticipation of the rapid expansion of its interests in Africa.

Shadleigh Roscoe, marketing and public relations manager at Dubai World Africa Services, said the Dubai government-owned company had essentially played a major role in developing Dubai into the leading centre for finance and property development in the Middle East, with landmarks such as The Palm islands and The World developments. - Xolile Bhengu