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Africa: Spotlight On Africa’s Tourism Investment Opportunities

WARNING: This is Version 1 of my old archive, so Photos will NOT work and many links will NOT work. But you can find articles by searching on the Titles. There is a lot of information in this archive. Use the SEARCH BAR at the top right. Prior to December 2012; I was a pro-Christian type of Conservative. I was unaware of the mass of Jewish lies in history, especially the lies regarding WW2 and Hitler. So in here you will find pro-Jewish and pro-Israel material. I was definitely WRONG about the Boeremag and Janusz Walus. They were for real.

Original Post Date: 2010-11-30 Time: 14:00:03  Posted By: News Poster

TradeInvestAfrica has showcased potentially lucrative investment opportunities in Africa’s tourism sector, which is rebounding phenomenally this year buoyed by among other factors, South Africa’s success in hosting the 2010 World Cup in June.

The tourism sector in sub-Saharan Africa is rebounding in 2010 following a slow down caused by the economic crisis. The World Travel & Tourism Council issued a very positive outlook for the sector that said it would contribute over 9% of the region’s growth domestic product (GDP) over the next decade.

Many investment opportunities have been identified as a result of concerted efforts to promote tourism, including building of new hotels, expanding existing tourist facilities and deploying tourism infrastructure.

Sub-Saharan Africa’s huge natural resources, strong growth in the equities market and relatively high GDP growth are some of the reasons attracting investors to the continent, which is now the destination for foreign companies looking for new markets to expand.

The continent is already popular with tourists and tourism investors and South Africa’s successful hosting of the 2010 World Cup is expected to phenomenally alter the landscape for tourism, particularly in southern Africa. UK-based consultants Grant Thornton predict that thanks to the World Cup there will be an extra 1.5 million overseas visitors in the region between now and 2015.

In order to change negative perceptions and encourage further foreign direct investment, governments in Africa have been very keen to improve regulatory and legal frameworks.

TradeInvestAfrica has showcased tourism investment opportunities in Africa that have the potential to be very lucrative. These include development of hotels and other tourist facilities, hospitality training, tourist transportation and related infrastructure sectors.

See list of opportunities under related articles.

For more information: http://www.tradeinvestafrica.com/investment_opportunities/734221.htm

Original date published: 2 September 2010

Source: http://allafrica.com/stories/201011300989.html?viewall=1