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Press Release: EAAIF Commits EUR 40 Million of Sustainability-Linked Financing to Support the Upgrade and Expansion of Cabo Verde’s National Airport Network
The financing will support Phase 1B of a 40-year concession awarded in 2023 to Cabo Verde Airports, and will fund critical capacity upgrades, runway extensions, terminal expansions, etc.
- Categories
- Transportation
- Region
- Asia Pacific
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Report: Adventure Tourism Fuels $1.5 Billion boost for South Africa’s Economy as Local Impact Supports 91,000 Jobs
South Africa’s adventure tourism industry delivered a direct economic injection of about $656 million in 2024, supporting roughly 91,000 jobs, as policymakers and operators position the country to capture a larger share of a rapidly expanding global market.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- employment, public policy, research, tourism
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Analysis: Softer Power: Asia’s Cultural Export Boom Is Just Beginning
While cultural change creates commercial opportunities, companies and investors must navigate a richer mosaic of cultural touchpoints.
- Categories
- Investing
- Region
- Asia Pacific
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Climate Taxes Open Debate Regarding Tourism’s Environmental Cost
Hawaii’s landmark climate-linked tourism tax is reshaping how destinations fund environmental protection, sparking global debate and inspiring proposals in Mexico.
- Categories
- Environment
- Region
- Latin America
- Tags
- climate change, regulations, tourism
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Analysis: A Lithium Bust Leaves Latin American Towns in the Dust
With plummeting prices and slowing demand for EVs, the once-thriving mining towns of Argentina, Chile, and Bolivia are now struggling.
- Categories
- Energy, Transportation
- Region
- Latin America
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Hotel Groups Hilton and Marriot Announce African Expansion Plans
Rising business and leisure travel on the continent has made it increasingly attractive for multinational companies and Hilton said on Wednesday that it plans to more than triple its African portfolio to more than 160 hotels.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Afreximbank, BOI Sign $75 Million Financing Support for Local Manufacturers in Nigerian Healthcare Sector
"World-class facility aims to reverse Nigeria’s $1bn+ annual medical tourism outflow while establishing Africa as global healthcare destination"
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Kenya’s Youth Dominate Tourism Workforce at 70%, Surpassing Global Average
Miano emphasized that the Ministry of Tourism is rolling out initiatives focused on skills development, entrepreneurship, and deeper inclusion of youth in the tourism economy.
- Categories
- Education
- Region
- Sub-Saharan Africa
- Tags
- employment, innovation, tourism, youth
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