The tourism industry of any country always has a great contribution in running its economy smoothly and efficiently. But the African tourism industry doesn’t have a same successful story. Before 2005, the tourism industry of Africa was abruptly damaged because of some political and managerial issues. After that era, the tourism industry had a little uplift in the graph before people started to explore more and more about the weather and people of Africa. Tourists were also inclined towards the wildlife of Africa. Many television serials/shows were recorded in the planes of Africa.
In 2013, the whole scenario was changed. The Africa was feeling the successful lift in the tourism industry in 2013 and many governmental and private organizations started to take interest in it. That’s the reason why Chief Economist Mthuli Ncube has thrown light on the issues that were associated with the African tourism. The first and the most important issue was the investment for improving the overall infrastructure sectors.
African tourism industry is elevating day by day, so the African soil is playing the role of ‘investible’ asset for the private sectors to invest. Surprisingly, the 49 million tourists arrivals were recorded in the 2010 and the figure was 50 million in 2012. I would like to mention Africa, a kind of un-harvested region with a lot of minerals where you can grow anything because you already have the minerals. All you need to do is to take a step forward and invest in the following list of great investment sites. So, let’s get started with the first one!
Uganda: Uganda is commonly famous due to the Lake Victoria. Lake Victoria is actually comprised of hundreds of bodies of water. These water bodies haven’t yet exploited, so they can be a perfect spot to make some ‘serious’ investments. A luxurious cruise and balloon flights can become perfect investment plans.
Tanzania: Tanzania follows the Uganda in terms of beauty and successful tourism spot. Many attractive national parks are the vital spots for the tourists but most of them aren’t reachable due to bumpy roads and other traveling burdens. Arusha National Park is the best example of such national parks. The increase in the air flights will only make the burden on Dar es Salaam and associated cities. The investment in such sectors will return productive dividends as the prices will skyrocket in shape of limited offers. Investment in hotel operators and tour operators will be the best place to invest in Tanzania.
Angola and Nigeria: Angola has been known best for the agricultural yields for the country. Angola contributes most of the agricultural sector of the Africa and naturally, this region is well suited for the crops. Due to little know-how about the scientific procedures and technical tips needed for the agriculture, Angola hasn’t been producing what it should produce. Same is the case with Nigerian industry. Most of the industrial states of Africa are based in Nigeria. A Little know-how and fewer mechanical power lead to the destruction of the industrial sector. Minerals like gold, zinc, bauxite, coal, iron ore and tin are the common minerals that can be caught just by little investment. Investment in this sector will also be as productive as it is in the Uganda.