Upcoming EventsOct24TueOct25Wedall-day African Real Estate & Infrastruc... @ Sandton Convention CentreAfrican Real Estate & Infrastruc... @ Sandton Convention CentreOct 25 – Oct 26 all-dayThe African Real Estate & Infrastructure Summit is a high-level conference focussing on urban development, mobility & technology, finance and investment and housing on the African continent. read moreNov3Fri9:00 am Finnovation Africa: Ethiopia 2017 @ Radisson Blu Addis AbabaFinnovation Africa: Ethiopia 2017 @ Radisson Blu Addis AbabaNov 3 @ 9:00 am – 5:00 pmFinnovation Africa: Ethiopia 2017 will be held at the Radisson Blu Addis Ababa on the 3rd of November 2017 and will tackle the most pressing questions for the progress of FinTech and the positive and proﬁtable transformation of banking in … Continue reading →
Author Archives: Josephine Wawira
With a 3.6% real GDP growth in Q1 2017, the world economy has remained strong, surpassing the earlier forecast at 3.5% for 2017-2018. This growth, according to Euromonitor International, is and continue to be highly driven by emerging markets which account for approximately 74% of the world’s real GDP expansion, and a predicted share of up to 79% by 2020.
This year’s celebration comes at a time when the industry is facing several challenges such as terrorism and general hooliganism; therefore, prompting the UNWTO to release a handbook offering guidelines on how to Travel, Enjoy, Respect.
Gearing up for the World Tourism Day: A look at Diani as a top sustainable destination
Kenya boasts of diverse destinations that remain major attractions for tourists from across the world. From the classic wildlife safaris to the sandy beaches at the coast and metropolis cities full of vibrant life, this East African country has a full bucket list of marvels to explore. As part of its “Destination Campaign” aimed at accentuating Africa’s tourist destinations, Jumia Travel talked to David Kuria the Managing Director of Olumara Camp, who expounds on the hotel business in the Masai Mara. Located within the National Reserve, the Camp is an exemplary destination to enjoy Kenya’s wild as it is designed to blend with the natural surroundings. In the interview, David highlights performance during the migration season and election period, domestic vs international tourist receipts as well as challenges of operating a hotel business in the Kenya’s Savanna.
Nairobi – 6th September, 2017: Jumia Travel has announced the appointment of a new Chief Executive Officer, Joe Falter, succeeding Paul Midy who has exited the top post to take a different position in the larger Jumia Group. Falter, who is also the Founder and CEO of Travel’s sister company Jumia Food, assumes the role as part of efforts outlined to further bolster the company’s operations.
The services sector, in particular tourism, is one of the major contributors to Africa’s economy through such functions as providing foreign exchange and employment. It is therefore crucial that governments and the private sector are increasingly working together to grow the sector, that accounts for approximately 7.8% of the African GDP.
Nairobi is the only city in Africa whose airports are recording higher growth for domestic capacity than that of international capacity, with a 22% boost. This is according to a new report by ForwardKeys, which compares Nairobi’s trend to most of the other top 10 African Airports ranked by total scheduled capacity for August to December 2017, which are seeing more growth in international than in domestic capacity.
With diminutive effect from the elections anxiety, Kenya’s tourism sector has withstood the pressures of uncertainties that resulted to some tourists having to hold their travel plans. As one of the most volatile sectors, tourism stakeholders remain obliged to Kenyans for choosing peace during a considerably fraught time. This, according to Cyrus Onyiego, Jumia Travel’s Kenya Country Manager, is a factor that has saved the industry a major blow as compared to previous election periods.
The hospitality and tourism is an important sector for many developing countries, since it is one of the main foreign exchange earners and key exports component. In 2016, foreign visitors to Africa reached 58 million with a spending of USD 40.7 billion approximately 36.3%, and projected to reach 42.9bn by end of 2017. These statistics by Jumia Travel’s Hospitality Report Africa, reflect the sector’s extensive significance both in terms of social and economic growth.