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TOPIC: Africa Economic Development Report 2017

Africa Economic Development Report 2017 17 Aug 2017 17:04 #230

  • RDN
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The Africa Economic Development Report 2017 recognized the role of Tourism for Transformative and Inclusive Growth in Africa’s development process. It identifies the main barriers to unlocking the potential of tourism in Africa to help structurally transform the continent’s economy and provides policy recommendations on how to overcome them. In sum, tourism can be an engine for inclusive growth and a complement to development strategies aimed at fostering economic diversification and structural transformation within an appropriate policy context.

The Key Findings of the Report:
  • Tourism can promote economic diversification and structural transformation in Africa.
  • Tourism is critical to the continent’s inclusive growth and can play an important role in the global fight to reduce poverty and achieve the Sustainable Development Goals.
  • The continental and intraregional tourism in Africa is increasing and offers opportunities for economic and export diversification if its potential is exploited at the national and regional levels.
  • Peace is essential for tourism, and the development of tourism can foster peace.

    The contribution of Tourism sector to GDP
  • Schelles (61.5%)
  • Cabo Verde (43.4%)
  • Mauritius (26.7%)
  • Tanzania, Kenya, Tunisia, Zimbabwe, Senegal, Sao Tome and Principe, Namibia, Morocco, Madagascar, Lesotho, Gambia, Ethiopia, Egypt, Comoros and Botswana (10% -24.59%)

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