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Tanzania: Tourism revenues recorded 7.13% rise YoY

Monday, 08 April 2019 18:03
Tanzania: Tourism revenues recorded 7.13% rise YoY

(Ecofin Agency) - In Tanzania, 2018 tourism revenues rose by 7.13% year on year, the country’s prime minister Kassim Majaliwa (photo) indicated last week.

According to official figures, these revenues reached $2.43 billion while in 2017 the sector generated $2.19 billion. This performance is due to a rise in tourist arrivals. Indeed, during the period under review, about 1.49 million tourists visited the country while in 2017, it was 1.33 million.

Let’s note that the country has been trying to develop new strategies to boost the performances of its tourism sector, which is its main revenue source.

The country expects to attract 2 million tourists yearly by 2020 thanks to better advertisment of its natural reserves, its beaches, its fauna and mount Kilimanjaro (its major attraction).  

For 2019, its growth target is 7.3%.

Moutiou Adjibi Nourou

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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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