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
Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...
Oil majors expand offshore exploration from Senegal to Angola Gulf of Guinea accounts for about 1...
Rwanda, partners break ground on $2 billion Kigali Innovation City Smart city targets ...
MTN is considering buying back telecom towers it sold years ago, signalling that control of infras...
Ziidi Trader enables NSE share trading via M-Pesa M-Pesa revenue rose 15.2% to 161.1 billio...
DRC Gold Trading opened a Lubumbashi branch to channel artisanal gold. First official shipment from Haut-Katanga topped 20 kg, worth over $2...
ERG signed an MoU with EGC to supervise artisanal cobalt mining. EGC holds a state-backed monopoly on buying and exporting artisanal cobalt. Exports...
Industrial, jewelry and silverware demand expected to decline in 2026. Physical investment demand projected to rise 20% to 227 million...
ARE approved CrossBoundary Energy DRC’s solar project for Kamoa-Kakula. The 233.8 MWc plant will supply 30 MW of continuous power from...
had relaunched the International Festival of Saharan Cultures (FICSA) in Amdjarass after a seven-year hiatus. Niger participates as guest of honor,...
Porlahla Festival ends third edition in Kouto, promoting Senufo culture Event draws regional and international participants, boosting cultural...