African Tourism Board partners Afreximbank to Promote Tourism and Agrotourism Investment Opportunities in Sao Tome and Precipe
Sao Tome and Precipe
The African Tourism Board (ATB) has proudly announced a strategic partnership with Afreximbank to promote tourism and agrotourism investment opportunities in São Tomé and Príncipe. This collaboration comes ahead of the São Tomé and Príncipe Investment Forum (STEP), set to take place from 18-19 September 2024. The forum aims to attract investors to the island nation’s burgeoning tourism and agrotourism sectors, positioning it as a prime destination for sustainable investment in Africa.
Background of São Tomé and Príncipe’s Tourism Potential
São Tomé and Príncipe, an archipelago located in the Gulf of Guinea, is one of Africa’s lesser-known gems, rich in biodiversity, cultural heritage, and untapped natural resources. With its pristine beaches, rainforests, and eco-tourism potential, the country offers unique experiences for travelers seeking unspoiled destinations. Additionally, its fertile land provides significant opportunities for agrotourism, blending traditional agriculture with tourism to create sustainable local development. However, despite its natural wealth, São Tomé’s tourism sector remains underdeveloped, making it a prime target for investment.
The Strategic Partnership between ATB and Afreximbank
Through this new partnership, ATB and Afreximbank aim to raise the profile of São Tomé and Príncipe as a key player in Africa’s tourism and agrotourism sectors. Afreximbank, a major financial institution dedicated to enhancing trade and investment across Africa, will provide essential financial support and strategic guidance to potential investors. This effort aligns with the ATB’s mission to promote tourism as a driver of socio-economic development across the continent.
The focus of this partnership extends beyond the STEP Forum itself, with both organizations committed to a long-term vision for São Tomé. ATB will leverage its extensive network of stakeholders and tourism professionals to explore investment opportunities in São Tomé’s tourism infrastructure, eco-tourism projects, and agrotourism ventures. The aim is to boost local economies by creating jobs, supporting sustainable tourism practices, and fostering international interest in the country’s unique offerings.
São Tomé and Príncipe Investment Forum (STEP)
The STEP Forum will serve as a platform for stakeholders from across Africa and beyond to engage in dialogue, share insights, and explore concrete investment opportunities. The event will highlight key sectors, such as eco-tourism, heritage tourism, and agrotourism, as well as other areas of economic growth. Investors will be encouraged to collaborate with local entrepreneurs and government representatives to develop sustainable ventures that align with São Tomé’s natural and cultural assets.
The forum promises to provide in-depth discussions on the potential for growth in the tourism and agrotourism sectors, with experts sharing best practices and case studies from other African countries. It will also offer opportunities for networking and building partnerships aimed at driving São Tomé’s emergence as a leading tourism destination in Africa.
Join the STEP Forum
Investors, tourism stakeholders, and agrotourism enthusiasts are invited to participate in the São Tomé and Príncipe Investment Forum. The event presents a unique opportunity to learn more about the ready investment opportunities available in this growing market. By being part of this initiative, participants can contribute to unlocking São Tomé and Príncipe’s immense tourism and agrotourism potential, while also supporting responsible and eco-friendly tourism practices.
For more information and registration details, visit STEP Forum and discover how you can be part of this exciting journey to transform São Tomé and Príncipe into a top African tourism destination.
