ITIC WTM Cape Town
11 – 13 April 2022
African Tourism Investment Summit
Theme: Investing in Africa’s future tourism growth and prosperity
Day 1 – 11 April 2022
Ministerial Roundtable
10:30 – 12:00 Ministerial Roundtable
Tackling challenges for future investments in Africa’s tourism industry
Climate change, the varying levels of infrastructural facilities and political instability… are some of the challenges and areas of concern for investments in Africa. Governments have a key role to play in elaborating strategies so that tourism becomes a catalyst for private capital flows and unleash the potential of that industry and its positive contribution on employment and the income of local communities.
Moderator: Milton Nkosi, Chairman, MMN International Consulting
Introduction by Dr. Taleb Rifai, Chairman ITIC and former Secretary-General UNWTO
Panellists:
- Hon. Alioune Sarr, Minister of Tourism, Senegal
- Hon. Lindiwe Sisulu, Minister of Tourism, South Africa
- Hon. Minister David Maynier, Minister of Economic Development & Opportunities, Ministry of Finance and Economic Opportunities, Western Cape Government
- Hon. Memunatu Pratt, Minister of Tourism and Culture, Sierra Leone
- Hon. Najib Balala, Cabinet Secretary, Ministry of Tourism and Wildlife, Kenya
- Hon. Philda Kereng, Minister of Environment, Natural Resources Conservation and Tourism, Botswana
- Hon. Rodney M Sikumba, Minister of Tourism and Arts, Zambia
- Hon. Moses Vilakati, Ministry of Tourism and Environmental Affairs, Eswatini
- Ken Osei, Principal Investment Officer, International Finance Corporation (IFC)
- Humphrey Nwugo, Regional Chief Operating Officer, Afrexim bank (Southern Africa)
- Zephanie Niyonkuru, Deputy Chief Executive Officer, Rwanda Development Board
Day 2 – 12 April 2022
Summit
Master of Ceremony: Tokozile Xasa, Former Minister of Tourism, South Africa
10:20 – 10:30 Welcome Notes
- Carol Weaving, Managing Director REED South Africa
- Dr. Taleb Rifai, Chairman ITIC and Former Secretary-General UNWTO
- Alderman James Vos, Mayoral Committee Member for Economic Opportunities and Asset Management, City of Cape Town
10:30 – 10:45 Africa Economic Outlook 2022
Hon. Minister David Maynier, Minister of Economic Development & Opportunities, Ministry of Finance and Economic Opportunities, Western Cape Government
10:45 – 11:30 Addressing the issues of air connectivity in Africa
To boost intra-African tourism, a regional airline is a must. African governments should take a coordinated and holistic view to address the issues of air connectivity, tackling the gradual and balanced liberalization of air services to expand routes and traffic throughout the continent and beyond. Taxes and airport charges should also be taken into account.
Moderator: Amanda Michelle Mvinjelwa, Key Account Manager, Airlines and Government Agencies, Airports Company South Africa (ACSA)
Panellists:
- Hon. Philda Kereng, Minister of Environment, Natural Resources Conservation and Tourism, Botswana
- Aaron Munetsi, CEO, Airlines Association of Southern Africa
- Luis Millan, Head of Research, Forward Keys
- Ken Osei, Principal Investment Officer, International Finance Corporation (IFC)
- Sadiq Dindar, Marketing and Promotions Manager, South Africa Tourism
11:30 – 12:30 Rethinking the financing modes of Africa’s new tourism projects
Financing tourism projects has become more challenging due to the adverse effect of the Covid pandemic. This approach has sparked a debate on the need to look for alternative modes of financing new projects.
Moderator: Rashid Toefy, Deputy Director General, Department of Economic Development and Tourism, Western Cape Government, South Africa
Panellists:
- H.E Mahmoud Mohammed Mussa, Lord Mayor, City of Zanzibar
- Daniel Trappler, Senior Director, Development – Sub-Sahara Africa, Radisson
- Manish Nambiar, Area General Manager, Africa, Kempinski
- Gerald Lawless, Director ITIC and Ambassador WTTC
- Moseketsi Mpeta, Head Tourism and Services, International Development Corporation (IDC)
- Humphrey Nwugo, Regional Chief Operating Officer, Afrexim bank (Southern Africa)
- Ken Osei, Principal Investment Officer, International Finance Corporation (IFC)
12:30 – 13:45Networking Lunch
13:45 – 14:30 How tourism is empowering African women?
According to a UNWTO report on Women in Tourism, in Africa, women make up to 69% of the tourism labour force. This industry also offers opportunities for women entrepreneurship, enabling them to be financially autonomous. However, in many African countries which have a strong patriarchal legacy, women are still fighting to be socially or economically empowered.
Moderator: Nomasonto Ndlovu, Executive Manager – Tourism, Heritage & Hospitality, The Blue Train
Panellists:
- Hon. Memunatu Pratt, Minister of Tourism and Culture, Sierra Leone
- Catheryn Khoo, Professor of Tourism Torrens University & Gender Expert, UNWTO
- Ola Wright, CEO: West Africa Tourism Organisation (WATO)
- Karen Matsiko, Pan Africa Head: Working Capital Product Management – Trade, ABSA
- Fayrouz Holliday-October, Travel Designer, Tourist Guide & CVO, Halaal Hopper Travel & Taste experiences; Exco member of Women in Tourism Western Cape; Interim Chair Lady of Halaal Tourism Association of South Africa
- Nikolatte Matuku, Global CEO, ZimAchievers Awards
14:30 – 15:15 Investment Opportunities – Destination Focus
- Dr Theuns Vivian, Destination Development Manager, City of Cape Town
- Botswana
- Tourism KwaZulu-Natal
- Sthembiso Dlamini, Chief Executive Officer, Gauteng Tourism Authority
15:15 – 15:45 Conversation: Unlocking Africa’s opportunities by leveraging on digital adoption
Africa offers tremendous potential for tourism investments in quest of new markets and favourable returns. The continent has been one of the world’s fastest-growing regions over the past decade and by 2030, it will be home to nearly 1.7 billion people, generating an estimated US $ 6.7 trillion worth of consumer and business spending. The barriers to business are being eliminated by investment friendly policies and growing political stability which are making market access easier. Furthermore, according to the World Health Organization (WHO), the COVID-19 pandemic has induced unprecedented demand for digital health technology solutions for population screening and infection tracking. Africa’s technology adoption is underway with increasing internet deployment and the tourism industry will benefit from the ripple effects of the digital transformations. The conversation will discuss the changing behaviour and decision-making process of international travellers, their new modes of purchasing travel and tourism products and services arising from the blockchain revolution, pervasive digital banking, Fintech and the growing usage of NFT and cryptocurrencies whilst keeping the global network trusted, protected and secured.
Dave Ramsey, Professional Consultant in conversation with Dirk Van Loggerenberg, CEO, Dale Capital Group and Executive African Growth and Private Equity PCC and Ruben Miller, Executive, Futurefin
15:45 – 16:00 Networking Break
16:00 – 16:45 Supporting resilience through adequate funding to ensure the future of Africa’s tourism businesses
Preparedness is of critical importance in reducing the risks and managing effectively the negative impact of natural calamities and disasters such as the Russia-Ukraine war which has far-reaching disruptive effects on investments and the movement of travellers. This session will also unveil the need for building institutional capacity and emergency planning.
Moderator: Milton Nkosi, Chairman, MMN International Consulting
Panellists:
- Hon. Edmund Bartlett, Minister of Tourism, Jamaica and Chairman, Global Tourism Resilience and Crisis Management Centre (GTRCMC)
- Dr. Taleb Rifai, Chairman ITIC, Co-chair GTRCMC and Former Secretary-General UNWTO
- Rashid Toefy, Deputy Director General, Department of Economic Development and Tourism, Western Cape Government, South Africa
- Roland Vorwerk, Africa Nature Based Tourism Platform
- Dr. Esther Kagure Munyiri, Executive Director, Global Tourism Resilience and Crisis Management Centre, East Africa
16:45 – 17:30 Investing in marketing Africa as a single brand: Challenges and Opportunities
Promoting African countries under a single brand will contribute to overcome negative stereotypes and enable the continent to realize its full potential by highlighting the complementary landscapes, cultures and wildlife through a common narrative and roadmap. This will also enable African countries to go beyond their traditional tourist markets.
Moderator: Cuthbert Ncube, Executive Chairman, African Tourism Board
Panellists:
- Themba Khumalo, Acting CEO South Africa Tourism
- Sthembiso Dlamini, Chief Executive Officer, Gauteng Tourism Authority
- Makhosazane Luthuli, Founder and CEO of Allegro Enterprises (Venture Capitalist)
- Lillian Ajarova, Chief Executive Officer, Uganda Tourism Board
- Kwakye Donkor, Chief Executive Officer, Africa Tourism Partners
- Kojo Bentum-Williams, Voyage Afrique
- Ariella Kageruka, Ag. Chief Tourism Officer, Rwanda Development Board
- Fiona Ngesa, Ag. Director, Market Development, Kenya Tourism Board
17:30 – 17:45 Closing
- Ibrahim Ayoub, Group CEO ITIC & Invest Tourism Ltd
- Megan Oberholzer, Portfolio Director: Travel, Tourism & Creative Industries Portfolio for Reed Exhibitions South Africa
Day 3 – 13 April 2022
ITIC Deal Room
On 13 April, project tourism owners and developers from African region will be able to showcase their tourism projects to investors and members of the ITIC team in private deal rooms. The ITIC team invites tourism projects owners or developers who are looking for investment to submit their projects so that ITIC can screen them in the Deal Room to be set up at the Cape Town International Convention Centre.
Project Developers in quest of investment
click to fill in call for projects form
The ITIC team will provide actionable advice to Project Developers, striking mutually beneficial agreements and channelling investments into their projects. ITIC will also to ensure that your project integrates the best environmental, social and good governance practices. We will then actively interface with investors and fund managers to turn your tourism project into reality.