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๐Ÿ‡ณ๐Ÿ‡ฌ Nigeria /Economy & Trade

Africa's Tourism Potential Needs International Markets, Investment to Thrive: Osindero

From ThisDay · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

In-depth Named sources Context piece
  • Africa's tourism and hospitality sector holds immense, largely untapped potential, according to Adefaratoluwa Osindero, CEO of Clevenard Group Worldwide.
  • Osindero emphasized the need for international markets, investment, and infrastructure to connect Africa's attractions with global audiences.
  • He advocates for Africans to tell their own stories and showcase local entrepreneurs to present the continent as a land of opportunity, fostering genuine partnerships rather than external marketing.

Africa's tourism and hospitality industry is poised for significant growth, but currently only scratches the surface of its potential, according to Adefaratoluwa Osindero, Founder and Chief Executive Officer of Clevenard Group Worldwide. Osindero believes the continent possesses abundant attractions, including diverse landscapes, wildlife, rich history, and vibrant cultures, yet faces challenges in connecting these to international markets, investment, and infrastructure.

"The challenge is not a lack of attractions. The challenge is how we connect those attractions to international markets, investment, infrastructure and effective storytelling," Osindero stated. He also highlighted that tourism's impact extends beyond hotels and sightseeing, influencing aviation, agriculture, transportation, entertainment, fashion, technology, arts and crafts, media, and small businesses. Developing these connections, he argues, can make tourism a powerful engine for economic growth and job creation across Africa.

The challenge is not a lack of attractions. The challenge is how we connect those attractions to international markets, investment, infrastructure and effective storytelling.

โ€” Adefaratoluwa OsinderoAssessing the tourism and hospitality industry in Africa.

Osindero expressed concern that Africa's image is often shaped by external perceptions rather than internal narratives. He stressed the importance of Africans telling their own stories, promoting their entrepreneurs and communities, and creating platforms that showcase the continent as a destination and a hub of opportunity. This internal representation, he believes, is crucial for attracting both international investors and visitors.

Through Clevenard, Osindero promotes cultural exchanges between Africa and Europe, viewing them as genuine partnerships. He facilitates meetings between entrepreneurs, tourism professionals, academics, artists, and community leaders from diverse backgrounds. "I donโ€™t see this as Europe helping Africa or Africa helping Europe. I see it as a partnership," he explained. Osindero believes both continents can learn from each other's knowledge, connect markets, foster business collaborations, and enrich their cultures through these exchanges.

I donโ€™t see this as Europe helping Africa or Africa helping Europe. I see it as a partnership.

โ€” Adefaratoluwa OsinderoDiscussing cultural exchanges between Africa and Europe.
DistantNews Editorial

Originally published by ThisDay in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.