Tourism: Togo to inject CFA2 billion into the sector in 2024

Economic governance

Monday, 29 January 2024 16:54

Tourism: Togo to inject CFA2 billion into the sector in 2024

(Togo First) - Togo will spend CFA2 billion this year to revamp its tourism industry. That is around 58% of the annual budget of the Ministry of Tourism.

One of the key projects in which the money will be invested is a digital platform for hotel booking and big events. The Ministry of Tourism steers the project with the Ministry of Digital Economy. The project is set for completion this year.

Part of the CFA2 billion will be used to keep rehabilitating the country’s touristic sites. For example, the funds will accelerate the construction of the Kamina history museum (located 20 km from Atakpamé) which began in mid-2023.

The ongoing hotel complex and reforestation projects on the Koutammakou cultural heritage site should also speed up.

Two years ago, Togo received around a million visitors, almost the same as in 2021 when the country received 983,969 visitors, earning CFA25 billion in tourism revenues. In 2020, due to the Covid-19 pandemic, the number of visitors was around 480,000 and tourism revenues stood at CFA19 billion.

Esaïe Edoh

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