COVID-19 pandemic cost Africa’s tourism industry over $50 billion

The AU Commissioner for infrastructure and energy has disclosed that African countries have lost almost $55billion in travel and tourism revenues in three months due to COVID-19.

Cape Coast Castle

The commissioner, Amani Abou-Zeid was speaking in an online news conference with the World Health Organisation held on Thursday (July 2, 2020).

He said that the economic effect of lockdowns and border closures by various African countries to curb the spread of the virus will be dire with the aviation, tourism, and hospitality industries being the hardest hit.

She explained that tourism and travel make up almost 10% of Africa’s GDP.

"We're talking here about almost 10% of the GDP of Africa comes from tourism and of course air travel is related to that.”

"But also we have 24 million Africans, which means 24 million African families whose livelihood is linked to travel and tourism.

"So, the impact is really severe and some estimates we're talking here about almost $55bn lost within three months."

She added that “the blow is very hard, between the economic losses and the job losses.”

Abou-Zeid explained that African airlines have seen a 95% drop in revenues, or about $8 billion, with other losses including the deterioration of assets.

“Some airlines in the continent will not make it post-COVID-19,” she said.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.

Eyewitness? Submit your stories now via social or:

Email: news@pulselive.co.ke

Recommended articles

Africa’s richest man Aliko Dangote poised to overtake another Russian billionaire Vladimir Lisin on Bloomberg billionaires list

Africa’s richest man Aliko Dangote poised to overtake another Russian billionaire Vladimir Lisin on Bloomberg billionaires list

Mzee Kibor's will made public, revealing how vast wealth and millions will be distributed

Mzee Kibor's will made public, revealing how vast wealth and millions will be distributed

Ini Edo posts new photos amid reports of welcoming a baby through surrogacy

Ini Edo posts new photos amid reports of welcoming a baby through surrogacy

Referee behind chaos at AFCON was rushed to hospital after match

Referee behind chaos at AFCON was rushed to hospital after match

Eddie Butita speaks on his fallout with Miss Mandi, offers her a job

Eddie Butita speaks on his fallout with Miss Mandi, offers her a job

Rashid Abdalla's kids interrupt Citizen TV bulletin to wish him happy birthday [Video]

Rashid Abdalla's kids interrupt Citizen TV bulletin to wish him happy birthday [Video]

Africa's richest man, Aliko Dangote, adds extra $915 million to his vast wealth in Q1 2022

Africa's richest man, Aliko Dangote, adds extra $915 million to his vast wealth in Q1 2022

Zuchu forced to apologize to fans after viral video raised eyebrows

Zuchu forced to apologize to fans after viral video raised eyebrows

Willy Paul wins against Diana Marua in court

Willy Paul wins against Diana Marua in court