Font Size

- Aa +

Tue 22 Oct 2019 06:26 PM

Font Size

- Aa +

Ivory Coast secures $5bn from Arab investors to drive tourism

Ivory Coast's charm offensive in the UAE included a delegation with recently retired star footballer Didier Drogba

Ivory Coast secures $5bn from Arab investors to drive tourism

Ivory Coast's charm offensive in the United Arab Emirates included a delegation with recently retired star footballer Didier Drogba.

Ivory Coast announced Tuesday that Arab investors had pledged $5 billion to support its programme to attract foreign tourists to the West African nation.

The tourism ministry said "a round table of investors in Dubai" on Sunday and Monday expressed interest In Ivory Coast and in total, the minister for tourism and leisure, Siandou Fofana, "enlisted from them pledges worth just over $5 billion" (4.49 billion euros).

Ivory Coast's charm offensive in the United Arab Emirates included a delegation with recently retired star footballer Didier Drogba and A'Salfo, lead singer with the pop group Magic System, who gave two concerts.

The initiative, dubbed "Sublime Cote d'Ivoire" (Magnificent Ivory Coast), was launched in May.

"Our goal is to become the fifth biggest destination for tourism in Africa by 2025," Fofana said in the ministry's statement.

If objectives are reached, tourism would account for 12 percent of GDP compared with 5.5 percent today, and jobs in the tourism sector would grow from 270,000, as of 2016, to 365,000.

The economy today is hugely dependent on rural earnings, especially cacao and coffee.

The plan is to attract tourists to the remote west of the country, a region of unspoiled mountains and beaches.

For all the latest travel news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.