Over the past five months, Kenya lost about 2.5 million jobs in the tourism sector due to the coronavirus and its impact on the economy.
Najib Balala (pictured), the tourism minister, said this drastic loss in jobs is the result of the restriction measures deployed by governments around the world to control the propagation of the pandemic. These have led to a decline in both tourist numbers and revenues. Faced with this situation, many hotels and restaurants have had to close their doors and lay off many workers.
“The tourism sector has been hit hard […] Our facilities have been in a deplorable state making them difficult to be used, we need to refurbish them to continue providing services,” Balala said.
The government has approved the disbursement of over $30 million to assist affected hotels and tourism establishments. The authorities hope that this investment will enable the sector to rebound and return to its pre-Covid-19 level in the coming months.
As a reminder, tourism contributes 10% to Kenya's gross domestic product (GDP).
Moutiou Adjibi Nourou
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
Namibia and Russia agreed to expand cooperation across energy, mining, and agriculture. Both coun...
Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...
Funds target erosion control, ecosystem restoration in Benin and Mauritania Program aims to protect 530,000 people and create 13,000 jobs The World...
Move part of mission realignment, not withdrawal, UN says Armed groups persist despite 2019 peace deal, especially in east The United Nations...
While Engel’s Law explains how the share of household spending on food rises as incomes fall, Bennett’s Law focuses on how diets change as incomes...
IMF approves $3.2 million disbursement under Guinea-Bissau program Performance weaker than expected, several targets and benchmarks...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...
Afreximbank launches Impact Stories season two highlighting trade-driven transformations Series features projects across Africa and Caribbean, from...