April 21st, 2017 This week, Dr. Akinwumi Adesina, the President of the African Development Bank, described the progress and priorities of the Bank in a session at the Center for Global Development on The Challenge and Logic of Greater Financing for Africa. The President presented his “High Fives”: Not surprising, tourism was not mentioned as a priority […]
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Author: scottwayne
Why tourism can’t yet tap into climate and green bonds for financing
Sourcing financing is always on my needs list for tourism development projects. So when a new potential source is reported, it catches my attention. This is exactly what happened last week with the following headline on Greenbiz.com: “Why Starbucks issued its first ‘sustainability’ bond.” The story followed up on a news announcement in May from […]
Zambia Launches New Tourism Policy Soon: A Destination on the Rise
October 14th, 2015 Last week, Zambia’s Ministry of Tourism and Arts unveiled its new national Tourism Policy. The Policy provides a strategic framework for the sustainable development of tourism in Zambia. It also specifies roles for a cross-section of public and private sector stakeholders. And most importantly, the Policy positions the tourism sector as one […]
Enhancing Brand Africa, Fostering Tourism Development – UNWTO Survey for AHIF Bench Events
The Africa Hotel Investment Forum organized by Bench Events ended today in Addis Ababa. At UNWTO’s request, Bench Events were asked to present the investment community’s perspective of what Brand Africa represents. They conducted a survey on doing business in Africa and media influence and then presented the results at http://www.africa-conference.com/index.php/forms/unwto-presentation. The summary and presentation […]
Four Reasons Tourism is Strategic for Economic Growth
UNWTO Secretary-General Taleb Rifai gave an interesting today in Madrid in which he highlighted four key reasons why tourism is a strategic pillar for fostering economic growth and promoting employment. Here is an excerpt from his speech: 1. Tourism creates jobs at a rate higher than many other sectors. We all know tourism is one of […]
SW Associates Presents Tourism Investment Report to COMCEC
At the Third Tourism Working Group meeting of the Standing Committee for Economic and Commercial Cooperation of the Organization of the Islamic Cooperation (COMCEC), SW Associates President Scott Wayne and Senior Tourism Consultant Manuel Knight presented a comprehensive report on tourism investment globally and in COMCEC’s 57 member countries. Tourism is one of the world’s fastest […]
UNWTO Secretary-General calls for visa facilitation and air transport liberalization
UNWTO Secretary Taleb Rifai addressed the Royal Aeronautical Society at the International Civil Aviation Organization (ICAO) headquarters, and called for increased visa facilitation and the liberalization of air transport (Montreal, 5 December 2013). As SW Associates experiences on multiple projects, including most recently in Zambia, these are critical issues for the sustainable growth of tourism, especially […]
Minister of Tourism and Arts for Zambia introduces new draft tourism policy
Republic of Zambia Ministry of Tourism and Arts Statement delivered by Honorable Sylvia T. Masebo, MP, Minister of Tourism and Arts at the Opening Ceremony of the National Conference to Adopt the Final Draft of the Tourism Policy Document Held at Government Complex on 11th December 2013 I am happy to deliver the opening address […]
Rwanda Tourism growing double digits
Rwanda Tourism growing double digits BY PROF. WOLFGANG THOME, ETN EAST AFRICA | SEP 06, 2013 in eTurboNews Data released in Kigali yesterday show a continued and sustained growth of the country’s tourism sector. During the first half of 2013 the tourism industry’s revenues grew by 11 percent while tourist numbers rose by 14 percent […]
Seeking Sustainability – African Park PPPs
[By Scott Wayne, from Handshake – the International Finance Corporation’s Quarterly Journal on Public-Private Partnerships, Issue #10] Public-private partnerships (PPPs) can be the key to ensuring the sustainability of national parks and protected areas in emerging markets like Rwanda and Mozambique, especially when businesses and investors can have concessions to operate within the parks. Without private sector involvement, visitor services run by government agencies are often […]