TRAVEL AND TOURISM IN SUB-SAHARAN AFRICA

WTTC/WEFA forecast that tourism and travel would account for over 11% of GDP in Sub-Saharan African countries in 1999 and have a growth rate of over 5% in real terms in the ensuing decade, which is considerably higher than the forecast average of 3% for the world at large. The World Bank forecast a growth in real GDP of 2.5% for Sub-Saharan African countries in 1999, rising to 4.0% in both 2000 and 2001, compared with 2.4% and 2.8% for global GDP growth in the same years. Travel and tourism could therefore play a significant role in assisting Sub-Saharan Africa to attain its growth targets.

WTTC/WEFA forecasts that jobs in tourism and travel in Sub-Saharan Africa will account for nearly 7.5% of total employment, with an annual growth rate of 3.4% during the next decade. Similarly, investment in travel and tourism in 1999 was estimated at US $6.1 billion or 11.7% of total investment in Sub-Saharan countries, and is forecast to grow annually at over five percent for the next decade.

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