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Key Economic Trends to be Discussed During Upcoming African Tourism Investment Summit

International Tourism Investment Conference (ITIC), in partnership with World Travel Market Africa, will hold a cutting-edge Summit on ‘Investing in Africa’s future tourism growth and prosperity’ from April 11-13.

This event will be staged in a hybrid model (in-person and virtual) at the Cape Town International Convention Centre in South Africa, with the objective of supporting global but also regional investors in being the first movers to seize the new emerging opportunities of the recovering tourism industry of the African continent.

Taleb Rifai, chairman, ITIC, said, “During the pandemic, intra-African travel has been key for its survival. Investing in Travel and Tourism goes beyond its significant economic contribution. Investing in tourism, to me, it is not just an extremely wise and correct business proposition; it is investing in the future of the planet, in the future of mankind, and after all, we all come out of Africa. Tourism is a force for good as well as peace.”

One of the key differentiating elements this year will be the focus on regional cross-border investments.

On April 13, B2B meetings between project owners or developers and the ITIC Team will be scheduled. The Investment team invites tourism projects owners or developers in quest of investment to submit their projects so that our team can screen them in the Deal Room it has set up at WTM. ITIC team will provide actionable advice in view of attendees striking mutually beneficial agreements and channelling investments into their projects.