The International Tourism and Investment Summit (ITIC Ltd) and World Travel Market Africa (WTM Africa) have announced a strategic alliance to bolster growth in travel and tourism. This will be done through a virtual Africa Tourism Investment Summit, with the overall theme of ‘Africa: Post Covid-19 Investment Opportunities in Sustainable Tourism’, and which aims to share new products, market destinations and facilitate and encourage investment in sustainable development and infrastructure. The Summit will be hosted as part of the Africa Travel Week programme (7-9 April), followed by a second virtual event on 24 June 2021.

In addition, Africa Tourism Investment Summit and ITIC will host a deal room at the in-person Africa Travel Week Connect in the City, which will run from 1- 3 September in Cape Town. Project owners, investors and financiers will have the opportunity to meet in-person with selected participants to showcase their development projects and funding requirements to prospective funders.

ITIC is a leader in providing B2B travel investment conferences with the added advantage of an investment platform.

ITIC is a leader in providing B2B travel investment conferences with the added advantage of an investment platform to bring together investors, financial and legal services, technology experts, government tourism ministers, tourism and travel industry leaders and professionals, policy makers and public and private project owners and developers.

Chairman of ITIC and former Secretary-General of UNWTO, Dr Taleb Rifai, says, “Such an alliance between the WTM Africa and ITIC with their complementary services will inevitably present significant opportunities for the tourism and travel industry in the continent.”

Mr. Ibrahim Ayoub, Group CEO of ITIC and Organiser of the Summit with WTM Africa

“We aim to bridge investments and innovation in tourism projects with a view to promoting inclusive growth and sustainable economic development for the benefit of the people.”

Mr. Ibrahim Ayoub, Group CEO of ITIC and Organiser of the Summit with WTM Africa (pictured), adds, “The International Tourism & Investment Conference (ITIC) working in partnership with WTM Africa provides an unique platform uniting a broad spectrum of stakeholders of the African and global tourism industries: tourism ministers, policy makers, tourism experts, tourism project owners, funding agencies, high-net-worth investors, bankers, private equity firms, fund managers, venture capitalists, family offices and law firms in order to tackle key global tourism challenges and investment opportunities in African and Island economies. We aim to bridge investments and innovation in tourism projects with a view to promoting inclusive growth and sustainable economic development for the benefit of the people.”

A post conference Concept Paper will be made available to delegates and key tourism stakeholders as a guideline to tourism investment.

 

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