Oct 3, 2022

Mawazo Writing Africa

Writing about the main

Travel, tourism to steer growth in coming decade

Africa’s travel and tourism sector is expected to add approximately 14 million new jobs over the next decade and fuel the continent’s economic recovery.

“Africa is clearly recovering and is expected to see a significant recovery in the next few years. And looking over the next 10 years, the sector could create almost 14 million jobs,” says the latest World Travel & Tourism Council (WTTC) forecast Omicron was impacted, with many countries reinstating strict and unwarranted travel restrictions to several key African destinations,” WTTC President and CEO Julia Simpson said in a statement, more than double the 3.3 percent growth rate of the region’s overall economy between 2022 and 2032 to almost $279 billion (7.2 percent of the total economy).

The sector’s contribution to GDP is expected to rise 20.5 percent to $144 billion by the end of this year, which is 5, 1 percent of total economic GDP. Employment in the sector is expected to grow 3.1 percent this year to about 22 million jobs.

Recovery

According to the WTTC, Africa’s travel and tourism GDP could recover to levels before of the pandemic will reach levels by next year – just nine percent below 2019 levels.

Before Covid-19, the sector’s contribution to the region’s GDP was 6.8 percent ($182.4 billion ) and fell to just 3.8 percent ($96.5 billion) in 2020. as the pandemic peaked – a 47.1% drop.

The sector also supported more than 25 million jobs across the region, which after a 22.9% drop to just 19, 6 million declined in 2020.

Africa’s travel and tourism contribution to GDP rose 23.5 percent to more than $119 billion last year, signaling the start of recovery for the sector it in the report.

The sector also saw a recovery of 1.6 million jobs, a growth of 8.2 percent to more than 21 million jobs.

The post to GDP fell 49.2 percent from $169 billion in 2019 to $86 billion in 2020, with the number of jobs created falling to 17.5 million from 24.7 million in the same period at 66 .8 percent.

In terms of job losses, Africa suffered disproportionately more than other regions , with jobs falling by 29.3 percent (7.2 million).

Before the pandemic , travel and tourism revenues were instrumental in restoring and expanding natural parks and protecting wildlife in in many African countries and supporting the livelihoods of local communities through tourism projects.

In Rwanda Travel and Tourism GDP grew by 25.3% in 2019 after the government prioritized sustainable tourism, with real and tangible Impact on both community development and conservation.

In conservation, high-quality tourism permits generated over $18 million per year, contributing to the repopulation of gorillas from 254 in 1981 to 600 currently in the national park.< /p>