Page 480 - MOET ENGLISH PR REPORT - OCTOBER 2025 (Part 1)
P. 480

The third pillar, Aviation and Connectivity, aims to expand air links, improve logistics services and
               facilitate mobility, recognizing connectivity as a vital enabler of regional integration and investment
               to unlock tourism potential, especially in underserved destinations.
               The fourth pillar, Sustainability, highlights the need to address the growing impact of climate change
               on environmental systems and the vulnerability of coastal and forest habitats underpinning
               international tourist destinations in Africa. The ministers reaffirmed their commitment to promoting
               green and climate-resilient projects, supporting investments in nature-based solutions,
               encouraging the use of renewable energy, and integrating sustainability considerations into tourism
               and related sectors.

               Finally, under the fifth pillar, SME-financing and Innovation, the ministers emphasized the role of
               youth- and women-led enterprises, as well as digital startups and business incubators in fostering
               inclusive growth, innovation, and job creation, and committed to supporting their access to finance
               and markets. They recognized the importance of facilitating access to finance for the private sector,
               including through multilateral institutions, in order to make tourism a transformative driver of
               sustainable development.

               The ministers reaffirmed the African Continental Free Trade Area (AfCFTA) as a cornerstone of
               regional integration and competitiveness. They welcomed collaboration with strategic partners,
               including the UAE, whose engagement can mobilize capital and connectivity in ways that reinforce
               the implementation of AfCFTA and regional value chains.
               The ministers recognized the UAE as a reliable partner in advancing the sustainable development of
               African economies, particularly in the tourism sector. They noted the UAE’s successful experience
               in leveraging tourism to attract international investment, diversify its economy, and contribute to
               long-term sustainable growth.

               They also agreed on the importance of sharing knowledge, best practices, and capacity-building to
               replicate similar outcomes across African destinations. The participants valued cooperation with
               development finance institutions and international organizations, including the African
               Development Bank, World Bank Group, International Monetary Fund, UN Tourism, World Trade
               Organisation, International Civil Aviation Organisation, and United Nations Economic Commission
               for Africa to provide finance, guarantees, technical assistance, and policy support.

               The ministers welcomed the development of a concise investment mapping that identifies priority
               projects and enabling reforms in tourism and related sectors such as aviation, logistics,
               infrastructure and digital across participating countries. The projects submitted by participating
               countries under the investment mapping are estimated to require a total investment of
               approximately USD 6 billion and are projected to generate 70,000 direct and indirect jobs
               collectively.
               Furthermore, the ministers invited development partners and institutional investors to engage with
               this pipeline and explore appropriate instruments including public-private partnerships (PPPs),
               blended finance, debt-for-nature swaps and guarantees, and agreed to maintain a light
               coordination mechanism to track progress and report to the next ministerial gathering.






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