The government of Tanzania unveiled plans to revamp its tourism industry in a post-Covid-19 period. TSh90.2 billion ($39.2 million) will be set aside for this project.
Tourism Minister Damas Ndumbaro said the money will be drawn from the $567.25 million provided by the International Monetary Fund (IMF) to help the country get out of the Covid-19 Pandemic. Overall, 23 projects will be implemented in five tourism segments. TSh23.4 billion will be used to rehabilitate 5,875 km of roads in ten localities and protected forests to make tourist sites more accessible. TSh1 billion will go for the installation of electronic vehicle monitoring systems.
The government also plans to invest TSh13.3 billion in repairing seven cultural heritage centers, building a tourist information center in Burigi Reserve, building a digital reporting center, and holding two international exhibitions to boost marketing. TSh3 billion will be used to renovate some of the country's airports (Serengeti, Nyerere, Tarangire, Mkomazi, Saadan, and Katavi) and TSh1.8 billion will be used to boost tourism trade.
The strategy is expected to be a lever for an economic upswing after the harsh times that came with the pandemic. Tourism is Tanzania’s main source of foreign currency. The Tanzanian economy has often hovered around 7% over the past ten years but the pandemic has caused it to fall to 4.8% in 2020 (IMF data). Authorities hope the economy will get back on track in the next few years.
Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...
Novo Nordisk cuts Wegovy prices in South Africa amid competition Move targets rival Eli Lil...
The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...
ECOWAS, Energy China discuss regional power infrastructure cooperation Talks cover $36.3...
South Africa pushes faster oil, gas exploration despite legal challenges Environmental groups’ co...
Switzerland has raised concerns over the future of the World Trade Organization (WTO), warning that changes in U.S. trade policy could undermine global...
Criminal records and nationality certificates now available online Platform aims to cut delays, costs, and centralize public services Government faces...
Operator explores renewable energy partnership with Italy’s Ascot Energy Move aims to stabilize power for 4G, 5G rollout and data centers Focus on...
Airline orders 10 Boeing 737 MAX 8 to modernize fleet and boost capacity Deliveries set between mid-2026 and 2027 as part of broader expansion...
RFI confirmed the end of “Couleurs Tropicales” following Claudy Siar’s departure after 31 years. The move follows a series of high-profile exits...
Top 50 ranking highlights women across core tourism service segments Tourism contributes $168 billion to GDP and supports over 24 million...