Wilderness completes sale of P30m assets
Tourism concern Wilderness Safaris has partnered with Great Plains Conservation in a P30-million deal that will transform one of Botswana’s famous tourism properties, Duba Plains in the Okavango, into a diversified premier tourism attraction.
In a statement released this week, Wilderness says the sale of Duba Camp, whose proceeds will be used to enable further development in the Okavango and Linyanti regions, was completed in May this year when it received a payment of US$4.5 million. Duba Plains is a 300 000-hectare reserve in the Northern Okavango popular among tourists because of its lion and buffalo interactions. Says the statement from Wilderness:
“Okavango Wilderness Safaris (OWS), a wholly owned subsidiary of Wilderness Holdings Limited, entered into an [continue reading]