Travel companies in Kenya are asking for government support to better resist the coronavirus pandemic. In a statement issued last April 14, Mohammed Wanyoike (pictured), head of the Kenya Association of Travel Agents (KATA) called the state to grant the association a financial support.
"We call on policymakers to continue discussions and agree on coordinated measures that are necessary for the successful start of travel even as they strive to improve the country's epidemiological situation […] We urge the government to particularly pay attention to the vulnerable travel industry in the recovery phase, to not only save small businesses but to save jobs as well," said Mohamed Wanyoike.
The travel industry, very close to that of tourism and hotel, has suffered a heavy loss due to the pandemic, not only in Kenya but also in the rest of the world. In this East African country where many SMEs are active in the travel sector, the restriction measures deployed to control the spread of the virus has led to massive financial losses for entrepreneurs in 2020. In recent weeks, these measures have been tightened in Nairobi and four Kenyan counties, resulting in the suspension of all domestic flights by Kenya Airways.
KATA's response to the situation includes a moratorium on lending to businesses that are already struggling to return to pre-covid-19 profit levels. We need a framework of coordination of travel restrictions that will not kill the travel businesses in Kenya, which includes a common criterion that seeks to facilitate continued travel rather than impede it,” the KATA president said.
In June last year, the Kenya Association of Manufacturers (KAM) also asked for the same support from the government for the industry sector. And three months later the state announced a $92 million credit guarantee facility for businesses.
Moutiou Adjibi Nourou
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...
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
The Democratic Republic of Congo and Angola will hold their third bilateral economic forum from March 31 to April 3 in Kinshasa. The forum will focus...
Burkina Faso ratified a $80.3 million loan from the African Development Bank to modernize transport infrastructure. The project targets road...
The European Union launched PanAfGeo+ Invest to promote EU investments in critical minerals across Africa. The program targets Democratic Republic of...
Tshisekedi orders Grand Inga agreements finalized within 60 days Government to adopt legal framework to unlock World Bank support Inga 3...
Kumbi Saleh is regarded as one of the earliest major political and commercial capitals of West Africa. Located in present-day Mauritania, near the border...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...