Côte d’Ivoire is actively seeking investors, both public and private, from home and abroad, as part of a broader aim to transform the tourism sector into one of the top three income-generating industries in the country. Creating investment opportunities is one of the four principle elements of Côte d’Ivoire’s tourism development strategy (see...
Inbound travel has increased considerably since 2011, and Côte d’Ivoire boasts strong potential in terms of natural beauty and a culture of hospitality. The government has also chosen tourism as one of its priority sectors, with the Ministry of Tourism implementing a strategy to make it one of the top-three contributors to GDP by 2020. A stark rise in business tourism has been a significant...
Côte d’Ivoire has seen rapid growth since a decade-long bout of civil unrest ended in 2011, registering an average GDP growth rate of 9.3% in the five years to 2016. By far the biggest economy in the UEMOA and the third largest in ECOWAS, the IMF expects GDP expansion in the West African nation to be sustained, forecasting growth of above 7% through to 2019.
After a difficult few years following the 2011 revolution, there is renewed hope for Egypt’s tourism sector, with 2017 bringing the industry back to growth. Confidence is returning and the authorities are boldly predicting that the sector can reclaim its place as one of the leading engines of economic expansion. While there were positive signs...
While it may be early days for the Egyptian tourism industry’s recovery, investors appear to be convinced by it’s medium to long-term prospects. Indeed, despite the difficulties faced by hospitality firms in the last few years, Egypt has the most hotels under construction on the continent. According to a mid-2017 report by the trade news site...
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