Provisional estimates by the Ivorian Ministry of Tourism show that the sector contributed about 7.3% to the country's GDP in 2019, against 6.25% in 2018. Figures were reported by the Minister of Tourism Siandou Fofana (pictured), on February 17, during a press briefing on the launch of the first UNWTO forum on tourism investment in Africa, which Abidjan will host from 20 to 22 February 2020.
The number of tourist arrivals in Côte d'Ivoire reached 4.2 million people in 2019, compared with just over 3 million in 2018. Revenues from the sector reached about CFA1,500 billion (about $2.4 billion) in 2019, against CFA1,114 billion (about $1.8 billion) in 2018.
Authorities intend to increase the share of tourism in GDP to about 8% by 2025 through the national tourism development strategy 2018/2025 called “Sublime Côte d'Ivoire.” Initial investment for this initiative is valued at CFA3,200 billion (about $5.4 billion).
André Chadrak
(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...
Mobile phones have become essential tools for work, education, payments and staying connected across...
Ecobank Transnational Incorporated asked shareholders to vote on a $500 million Tier 2 Eurobond...
Africa produces what it doesn’t consume, and consumes what it doesn’t produce. That stark line captu...
Funding part of $250 million raise to boost investor confidence Fintech expands services, pr...
Niger adopts draft decree to regulate firearm acquisition, possession, and use New framework introduces stricter controls, traceability requirements,...
Chad and Algeria sign agreement to study a 20,000 bpd refinery project Chad continues to import large volumes of refined products despite crude output...
South Africa plans to invest $121 billion in rail modernization by 2050. Freight demand exceeds current rail capacity by over 100 million tonnes...
Nigeria increases local solar panel manufacturing capacity from 120 MW to 300 MW. Authorities target import substitution and rural electrification...
CANAL+'s film arm backs a ZAR 300-million feature rooted in South Africa's anti-apartheid music movement. Production kicks off June 29 in Cape Town,...
Burkina Faso launches “SORA” university series filming in Ouagadougou 25-episode project explores student life challenges and...