Namibia' President Nangolo Mbumba

Namibia’s President to Headline Africa Hospitality Invest Forum

With a month to go before the opening of the Forum, Namibia announced its President Nangolo Mbumba will headline the agenda at the Africa Hospitality Investment Forum (AHIF) 2024.

Windhoek will host the annual gathering of key players and shasho in Africa’s hospitality tourism industry next month, from June 25 to 27.

President Mbumba will headline the AHIF agenda, the government of the host nation confirmed – an announcement welcomed by organizers of the Forum.

“His presence not only signals that Namibia values the international hospitality investment community, but it also reinforces everything we have heard from our hosts about wanting to create a thriving visitor economy,” said Matthew Weihs, founder of AHIF.

At the Forum, Namibia plans to promote and showcase its value proposition as an investment destination.

“The government has implemented the International Tourism Revival Initiative,” its Investment Promotion and Development Board’s Chairperson and CEO, Nangula Uaandja, said.

The initiative’s key objectives include creating new tourism routes and expanding tourism product offerings.

“This has opened up unique investment opportunities that further enhance the attractiveness of Namibia as an investment destination,” Uaandja said.

“We are looking forward to showcasing some of these opportunities which hold immense economic potential at AHIF 2024.”

The annual gathering for investors, business leaders, government officials, bankers, and expert advisors on the African continent, typically welcomes delegates from over 50 countries.

The event offers a platform for high-level networking, formal business meetings and discussion of all the latest trends and developments.

Hot topics on this year’s agenda include Active Development Financial Institutions, Artificial Intelligence, Authentic Leisure, Aviation Connectivity, Conservation, Demographics, Government Initiatives to Support Hospitality, and Hotel Development.

The New Global Geopolitical Order and its Impact on Hospitality, New Ventures, Optimal Capital Structure, People, Resorts, and Sustainability are also among the topics..

Namibia’s Tourism Minister Pohamba Penomwenyo Shifeta is among the list of the speakers and so are over two dozen top executives from the hospitality sector.

They, the organizer of the platform says, “have the power to transform a destination by funding projects, create thousands of employment opportunities and boost international tourism which is a major source of export revenue for many African countries.”

Following an unprecedented crisis caused by the pandemic, Africa’s tourism sector is showing encouraging recovery.

The UNWTO says international arrivals across Africa recovered 96% of pre-pandemic level in 2023.bThis is fueled by robust pent-up demand, particularly from European markets, the UN tourism agency says.