Tag Archives: Economic report

Economic Development in Africa report 2017 Launched in Accra

Accra, 5 July 2017 – The National Information Officer of the United Nations Information Centre in Accra, Cynthia Prah, Philip Cobbina, a senior Manager with Cicada Consulting Limited, Emmanuel Badger, a Senior Investment Promotion Officer at the Ghana Investment Promotion Centre and Naana Nyarkua Ocran, Deputy Director of the Ghana Museums and Monuments Board have jointly launched the Economic Development in Africa Report, 2017 in Accra.

Cynthia Prah (Right)with team launching the report

Philip Cobbina who walked reporters and participants through some salient aspects of the report, encouraged local tourism industry actors to adapt aspects of the report that have relevance within the local context. He said it is about time we take measures to reap the benefits of tourism as spelt out in the report.

The Economic Development in Africa Report, 2017 chiefly examines the role that tourism can play in Africa’s development process. The report has captured that tourism’s total contribution to Africa’s gross domestic product (GDP) which includes direct and indirect contributions increased from an average $69 billion in 1995-1998 to $166 billion in 2011-2014 reflecting 6.8 per cent of GDP to 8.5 per cent of GDP.

Mr. Philip Cobbina presenting the report

He particularly called on policy makers and the relevant public institutions to tackle leakages in the tourism sector by ensuring that major industry actors patronize local products.