03 Jun 2016
AHIF: Togo sets pace for new era of growth
In the run-up to the first Africa Hotel Investment Forum (AHIF) in Lomé, the organiser, Bench Events, has praised Togo’s commitment to far-reaching infrastructure improvements destined to boost economic growth and transform the country into a strategic transport hub in west Africa.
Matthew Weihs, Bench Events managing director, said: “We’re very pleased to be hosting an additional AHIF in Togo at this decisive time, as the country embraces a number of important projects that will enhance its standing as a significant investment destination”.
Among the new projects are the newly-opened terminal at Lomé International Airport and the landmark Radisson Blu Hotel du 2 Février which will host the AHIF conference, as well as the major expansion of the capital’s sea port in the coming years.
AHIF conferences bring together high-profile, international investors, business leaders, government ministers and top officials from across Africa and will include the Prime Minister of Togo, Komi Sélom Klassou.
Matthew added: “We are looking forward to an exciting AHIF in Lomé. Togo has dynamic plans to develop and expand trade and tourism and AHIF will provide an excellent platform for delegates to discuss the way ahead. Our conference programme is packed with influential speakers who will share their insights on highly topical issues and we’re looking forward to some lively and enlightening discussions.”
Togo attracts a variety of visitors keen to explore its beautiful scenery and enjoy its tropical climate. Figures from the World Travel and Tourism Council show that travel and tourism directly accounted for 3.1% of total GDP in 2014 and was forecast to rise by 6% in 2015, and by a further 2.2% each year from 2015 to 2025. On a wider analysis, the total contribution of travel and tourism to GDP was 6.7% in 2014 and was forecast to rise by 5.4% by the end of 2015.