Botswana Tourism Investment Summit 2023 Unveiled

BOTSWANA TO HOST 2023 TOURISM INVESTMENT SUMMIT. That Will UNVEIL VAST OPPORTUNITIES FOR INVESTORS AND INDUSTRY LEADERS TO BOOST SUSTAINABLE GROWTH IN AFRICA.

In an exciting collaboration, the Botswana Tourism Organization (BTO) and the International Tourism and Investment Conference (ITIC), with support from the International Finance Corporation (IFC), have officially announced the forthcoming ITIC Tourism Investment Summit. This eagerly awaited event will be held in Gaborone, Botswana, from November 22 to 24, 2023.

That “Botswana Tourism Investment Summit,” aims to shed light on the nation’s abundant, yet underexplored, tourism and investment prospects.

Botswana: A Thriving Economic Hub in Southern Africa

In recent years, Botswana has started a transformative journey in its economic development. Situated at the heart of southern Africa, it serves as a vital gateway to South Africa, Zimbabwe, Zambia, and Namibia. This strategic location positions Botswana as a conduit for investors seeking opportunities across Southern Africa. A conducive business environment is being created to expedite the impact of foreign investment and tourism. It will propel Botswana towards a pivotal driver of growth in Africa.

Hon. Philda Nani Kereng, Botswana’s Minister of Environment and Tourism, expressed the nation’s commitment to welcoming sustainable international investments. She emphasized the need to explore innovative financial mechanisms and new opportunities in travel, tourism, and business. Botswana, renowned as Africa’s top safari destination in 2023, invites investors to recognize its immense potential as a beautiful African country.

A Premier Gathering of Industry Leaders

The Botswana Tourism Investment Summit and Exhibition will convene approximately 300-400 CEOs from the tourism and financial services sectors, along with prominent business leaders. This exclusive event promises a blend of insightful discussions and unparalleled networking opportunities.

The Summit will bring together international leaders and project developers in tourism, travel, and hospitality, connecting them with influential investors from private equity firms, investment banks, institutional investors, fund managers, and influencers. These stakeholders possess the means to direct capital towards sustainable tourism ventures.

Shaping the Future of Botswana’s Tourism Industry

The Summit’s agenda includes deep discussions on current industry trends and the future of Botswana’s tourism sector. Indira Campos, Country Manager for Botswana at IFC, emphasized tourism’s role in creating jobs, reducing inequality, and diversifying the economy. IFC aims to support Botswana’s tourism sector by attracting private investments into lodges, transportation, hotels, campsites, and hospitality services.

As a member of the World Bank, the International Finance Corporation (IFC) plays a critical role in promoting private sector development in emerging markets. Its commitment to the tourism sector aligns with its mission to facilitate economic growth while fostering sustainability and inclusivity.

Dr. Taleb Rifai, Chairman of ITIC, expressed delight in Botswana’s recognition for its vast investment potential. Additionally, he highlighted the country’s sophisticated financial and capital markets, positioning the Summit as a platform to drive international awareness and stimulate investment, catalyzing Botswana’s growth journey.