Tourism Investment Forum Africa

08/11/2024

Mark your calendars for the highly anticipated Tourism Investment Forum Africa (TIFA) 2025 from 27-29 August 2025 at the vibrant City of Umhlathuze, Richards Bay, South Africa!

Join us as we gather industry pioneers, investors, and tourism leaders to shape the future of tourism and hospitality in Africa. This event offers an exclusive platform for networking, exploring investment opportunities, and driving sustainable growth in one of the world’s most dynamic tourism markets.

📅 Save the Date: 27-29 August 2025
📍 Location: City of Umhlathuze, Richards Bay, South Africa

Together, let’s drive investment in Africa’s Tourism Future!
Stay tuned for more details on registration and agenda.

29/08/2024

Strengthening Tourism Value Chains in Africa

Africa's participation in global value chains remains minimal, affecting the continent's tourism revenue. Dr. Manyara emphasised the need to improve domestic capacities and reduce revenue leakages.

Considerations:
• Only 16% of resorts in Zanzibar are locally owned.
• 70% of agricultural inputs in Botswana are imported.
Enhancing local ownership and production will maximize opportunities within the African Continental Free Trade Area (AfCFTA).

21/08/2024

Aviation and Tourism in Africa

A vital point from Dr. Manyara's address: While 60% of tourists reach their destinations via air travel, Africa's share in the global aviation market is just 2%. This disparity highlights the need for substantial growth in Africa's aviation sector.

Facts:
• Africa ordered only 700 aircraft in 2016 compared to 23,000 globally.
• By 2036, global new aircraft orders are projected to be 43,000, with Africa accounting for just 16,000.
Strengthening aviation infrastructure is key to boosting tourism and economic growth.

15/08/2024

Tourism Investment Trends in Africa

Africa has seen a rise in tourism capital investment, with North and South Africa leading the charge. However, as West African countries turn their focus to tourism, it's crucial for stakeholders to support this shift.

Challenges:

Africa's share of global tourism receipts is declining.

Average spending per tourist in Africa is significantly lower than the global average.

Tourism needs to grow to boost the continent's GDP and trade relationships.

Let's invest more in Africa's tourism sector to harness its full potential!

13/08/2024

🚀 Tourism Demand Dynamics and Opportunities in Africa 🚀

Dr. Geoffrey Manyara, Economic Affairs Officer: Tourism at the United Nations Economic Commission for Africa, delivered an insightful presentation on tourism in Africa. He highlighted the continent's positioning in the global tourism landscape, touching on key areas such as tourism and trade, aviation, and investment opportunities.
Key Takeaways:
• Growing capital investment in North and Southern Africa, with emerging trends in West Africa.
• The importance of increasing investment to boost Africa's share of global tourism receipts.
• Promoting intra-Africa travel to elevate tourism and trade on the continent.

25/07/2024

2024 generated solid leads for some of the participating destinations - 66 investment opportunities with a costed value of US$3.5billion were promoted at the Forum. TIFA continues to profile African destinations as attractive and viable investment locations. To download the full report visit www.tourisminvestmentforumafrica.com /
www.tradeinvestmentforum.africa

08/04/2024

🌟 Reflecting on Success: Last year's TIFA conference was a landmark event, attracting over 190 delegates from 13 countries, with over50 investment presented.

This year, we bring you new investment locations and opportunities!

oin us to be part of the next wave of sustainable tourism investment in Africa. Your opportunity to contribute to and benefit from Africa's growth is here.

Discover the program that will drive tomorrow's success stories - https://tourisminvestmentforum.africa/2024-programme-2/

Our Partners: Official Brand South Africa, Tourism KwaZulu-Natal, Industrial Development Corporation, City of Cape Town, Invest Cape Town and Millat Group.

The Tourism Investment Forum Africa (TIFA) offers destinations an ideal platform to support and contribute to their economic development and growth efforts by actively promoting investment and trade opportunities within their tourism and related sectors of their economies. TIFA seeks to promote tour...

28/03/2024

Why participate in TIFA 2024? 🤔

Access to potential funders/investors, unparalleled B2B exchange, and insights into global investment trends are just the beginning. From technology and innovation to climate-smart investments, TIFA covers it all.

Elevate your business, network with industry leaders, and find bankable projects that promise to redefine the tourism landscape.

Are you ready to be at the forefront? Register today!
https://lnkd.in/djbmdRtY

Our Partners: Official Brand South Africa, Tourism KwaZulu-Natal, Industrial Development Corporation, Invest Cape Town and Millat Group.

The Tourism Investment Forum Africa (TIFA) offers destinations an ideal platform to support and contribute to their economic development and growth efforts by actively promoting investment and trade opportunities within their tourism and related sectors of their economies. TIFA seeks to promote tour...

22/03/2024

🌍 Unlock your gateway to unparalleled investment opportunities in Africa's booming tourism sector! 🚀

Registrations for the Tourism Investment Forum Africa (TIFA) are still open, but spots are filling fast! Secure your place before it's too late and join us this April.

Don’t miss out on making global connections that could elevate your business.

Register NOW! https://tourisminvestmentforum.africa/3-day-conference-registration

The Tourism Investment Forum Africa (TIFA) offers destinations an ideal platform to support and contribute to their economic development and growth efforts by actively promoting investment and trade opportunities within their tourism and related sectors of their economies. TIFA seeks to promote tour...

20/02/2024

This year’s TIFA sees the debut of a broad array of African destinations seeking to communicate and promote their potentials and opportunities. Another Giant, the Democratic Republic of Congo will join the ranks of African countries prioritising tourism investment to drive post conflict reconstruction and inclusive development.

Register Now!

16/02/2024

Register Now . . . seats are limited.

A whose growth and development of the sector echoes the theme of this year’s TIFA, is . Rated as one of the most desirable travel destinations in the world, Zanzibar has over the years cast its focus steadfastly on both the demand side and supply side of its tourism plant – attracting inwards investment and unsurprisingly growing arrivals by 110% in 2022. Come and explore the opportunities offered by Zanzibar at TIFA 2024.

Don't just read about it, become a part of it.
Register Now. . . seats are limited

07/02/2024

Meet TIFA speakers.

A diverse and high-level mix of delegates and investors will be joining the 2nd annual TIFA in Cape Town. The conference will focus on unpacking the demand dynamics of tourism in Africa, to provide a better perspective on the competitiveness of African destinations as locations for inward investment. Key to the Forum is the promotion of intra African investment. Some of the speakers gracing the conference include:

Register Now - http://bit.ly/3uA8yG2
www.tourisminvestmentforum.africa

05/02/2024

TIFA 2024 offers more B2B and B2G engagement opportunities

This year TIFA has partnered with the World Travel Market (WTM) Africa, to create more value for you for networking, business development as well as foreign direct investment (FDI) attraction and facilitation. The TIFA and WTM Africa brings you the opportunity for meaningful engagement within the ecosystem and allows you to elevate the conversations around trade and within South Africa and the Continent.

23/01/2024

Registration is now open for the second edition of the annual Tourism Investment Forum Africa (TIFA) scheduled from 10 - 12 April 2024 at the Cape Town ICC.

27/12/2023

25/12/2023

03/12/2023

Join us at the Tourism Investment Forum Africa (TIFA) 2024, collocated with the World Travel Market Africa, at the Cape Town ICC from April 10-11, 2024. Organized by Millvest Advisory and Partners, TIFA at WTM Africa will offer unparalleled investment promotion and networking opportunities for key decision-makers within and outside the tourism ecosystem. A global platform for local action, TIFA aims explore and unpack investment, finance solutions and opportunities between African countries and the global community. Learn more about this B2B event that contributes to Africa’s economic development and growth ambitions.

08/08/2023

The inaugural Tourism Investment Forum Africa™ 2023 hosted in the Northern Cape, aimed to showcase Africa as a thriving investment destination and boost the region's economic development.

Key highlights included participation from renowned institutions like UNWTO, AfCFTA, UNECA, and DFIs, as well as several private equity companies. Together, they 53 market-ready investment opportunities, totalling over US$40.8 billion!

Beyond the financial impact, the forum contributed to job creation and supported local businesses in the region. We're proud that the event's commitment to sustainability extended to maximizing the economic contribution to the community of Kanoneiland through the use of local suppliers and labour.

The Tourism Investment Forum Africa™ 2023 has already sparked negotiations for investments worth ZAR12 million! We can't wait to see what's next in store.

Follow us and be the first to know about the announcement of the next host destination for 2024!