Page 61 - MOET ENGLISH PR REPORT - OCTOBER 2025 (Part 1)
P. 61
Press Release
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
Organization, International Civil Aviation Organization, and United Nations Economic
Commission for Africa to provide finance, guarantees, technical assistance, and policy support.
Implementation and investment mapping
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.
-Ends-
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