Kenya is one of the economic and political heavyweights of East Africa. Despite recent security issues, it is recording strong economic growth and maintaining its leading position in the region. Recent discoveries of new oil, gas and water reserves and a young population give further cause for optimism, and the government is working to put the right policies into place to maximise the country’s potential.
In the face of declining revenues on the back of low oil prices, Algeria has renewed its focus on economic diversification, with tourism – among other sectors – being viewed as a key source of potential alternative revenues, as well as a vehicle for job creation and rural development. To that end, government priorities include accelerating hotel construction, improving personnel training,...
Algeria is a country rich in history and situated in a strategically important region. While its past has at times been turbulent, the last decade has been one of relative peace. Economic growth and development has followed, driven primarily by advances in the hydrocarbons sector.
Jordan’s tourism industry benefits greatly from a number of competitive advantages including its proximity to large regional feeder markets, diverse landscapes and climates, and the presence of major historical and religious sites. Although regional instability has dampened visitor numbers in recent years, the industry remains an important pillar of the economy, and continues to expand despite...
South Africa’s tourism sector has come to rival the country’s mining industry in terms of overall contribution to GDP, with 2014 witnessing record levels of foreign arrivals, drawn in by the country’s natural beauty, outdoor attractions, food and culture – and increasingly by its business and conference facilities. The sector faced a significant decline in 2015, however, with stringent new...
The second-largest economy in Africa after Nigeria, South Africa benefits from some of the most sophisticated financial markets in the world, paired with a robust regulatory system, and is also home to the headquarters of a number of major multinational players in the fields of industry, energy and financial services.
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