Last Updated 06 | 02 | 2013 at 17:00

Business & Technology

Africa and Spain promotes business

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di-ve.com news
editorial@di-ve.com

Cooperation and business opportunities between Spain and Africa were addressed during the fourth edition of the Investment and Tourism Business Forum (INVESTOUR) celebrated on the occasion of the Madrid International Tourism Fair (FITUR).

An initiative of UNWTO, the Madrid Tourism Fair Institution (IFEMA) and Casa Africa, INVESTOUR 2013 brought together representatives from 33 African countries and over 50 Spanish entrepreneurs under the theme ‘Tourism Development in Africa: Challenges and Opportunities’. The fair highlighted key competitive areas for tourism in the region including air connectivity, investment, branding and product development. The B2B session, which serves as a business platform for participants, attracted over 50 Spanish companies to explore opportunities around 200 African tourism projects in areas such as hospitality, transportation, education, know-how and infrastructure.

“Bringing together the public and private sectors with potential international partners, represents a unique opportunity to reinforce business relations between Spain and Africa and advance sustainable development in the continent”, said UNWTO Secretary-General, Taleb Rifai, opening INVESTOUR. Against the backdrop of international tourist arrivals growing by 6% in the region in 2012, the event took place “in a moment in which Africa continues to strive in the tourism map”, he added.

The importance of the correct strategic planning in tourism to promote Africa’s development was highlighted by the Minister of Tourism of Benin, Jean Michel Abimbola. “The diversification of the economy is the key to attract investment and preserve the millenarian’s traditions through projects such as ecotourism and training”, he said.

“Africa is a destination and Africa is a market” said the Minister of Tourism of South Africa, Marthinus van Schalkwyk, echoing debates which underscored that in the current economic circumstances, initiatives such as INVESTOUR can make a difference both in promoting tourism development as well as in bringing new opportunities to companies in Europe.

The Minister of Tourism of Senegal Youssou N’Dour underscored that INVESTOUR is “a unique opportunity for African countries to showcase their tourism potential to Spanish investors and partners. Tourism is a sector that can make a difference in our region, and therefore we will continue supporting this important initiative in the future.”

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