Page 538 - 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 - UrduPoint
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.

https://www.urdupoint.com/en/middle-east/uae-africa-tourism-investment-summit-launche-2072036.html 5/6