Page 531 - MOET ENGLISH PR REPORT - OCTOBER 2025 (Part 1)

10/28/25, 9:26 AM UAE-Africa Tourism Investment Summit launches $6bn investment mapping, projecting to generate 70,000 jobs
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.

The meeting concluded with the ministers expressing their appreciation for the efforts of the UAE
government and the Ministry of Economy and Tourism in hosting the UAE-Africa Tourism
Investment Summit and for their generous hospitality.

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