The second annual Tourism Investment Forum Africa (TIFA) – scheduled to run alongside WTM Africa from April 10-12 at the CTICC in the host city of Cape Town – has announced its high-level line-up of speakers.
“Central to the discussions at TIFA will be the need to grow not only intra-Africa trade in services (tourism) but also cross-border investments in this and other sectors of the economy,” said Miller Matola, CEO of Millvest Advisory, the conveners of TIFA.
He added that TIFA is seeking to attract private equity and venture capital companies with an interest in the tourism and related sectors.
“Discussions will also home in on the role of capital markets in providing financing, for hospitality ventures given the generally held view that financial institutions are more risk averseness when it comes to financing the sector,” said Matola.
Click here for the full list of speakers
Diverse and high-level mix of delegates
Matola pointed out that a diverse and high-level mix of delegates and investors will be joining the event in Cape Town. “The conference will focus on unpacking the demand dynamics of tourism in Africa, to provide a better perspective on the competitiveness of African destinations as locations for inward investment.”
“TIFA provides an important platform for policymakers and investment professionals from Africa and around the globe to engage, collaborate, and secure business,” explained Megan De Jager, Portfolio Director at Africa Travel Week.
“As a landmark 10th edition of Africa Travel Week, our alliance at this year’s show not only creates an exciting value-add for attendees but further unlocks the tremendous potential of the travel and tourism sector to drive economic and social prosperity across the continent.”
The three-day event programme consists of investment opportunity showcases, presentations on policy, trends and developments, expert panel discussions, and the chance to conduct site visits to various investment project locations.
“Last year’s summit attracted over 190 delegates and saw 13 countries and regions presenting more than 50 investment projects and opportunities across the African continent,” Matola said.
“By working closely with ATW this year, we’re expecting an even larger turnout of eager investors, influential business leaders, multilateral organisations, and development agencies seeking sustainable projects in which to invest capital. If this is on your radar for 2024, don’t leave TIFA and WTM Africa off your business calendar. Register now.”