Economic Impact: Tourism is seen as a key driver for economic diversification and growth in Africa. It has the potential to significantly stimulate economies.
Employment Opportunities: The tourism sector is labor-intensive, providing numerous jobs globally. In 2019, it accounted for 10.6% of global employment, with 1 in 10 jobs worldwide and 1 in 4 new jobs in the sector. The industry allows for quick entry into the workforce, especially for youth and women.
Multiplier Effect: Tourism has a broad impact, benefiting sectors such as accommodation, food services, agriculture, retail, and transportation. When managed well, it boosts economic diversification, promotes local culture and products, and supports job creation.
Focus on Human Capital: The Ministry of Tourism prioritizes human contributions to the sector’s growth. The sources highlight the need for adequate knowledge and skills to ensure a destination’s competitiveness and the importance of education in optimizing human resources.
Intra-Africa Potential: The potential of intra-Africa tourism is significant, as tapping into just 10% of Africa’s 1.2 billion population for travel could lead to a sustainable recovery for the sector.
Infinite Resource: Unlike finite resources like gold, tourism offers an infinite source of potential for Africa
The summit’s objectives include:
The summit anticipates the following outcomes: