The Namibia Investment Promotion and Development Board (NIPDB) is calling for investment projects in the tourism sector to promote Namibia at the Africa Hospitality Investment Forum (AHIF). The forum is the premier tourism and hospitality investment conference in Africa, and will take place in Windhoek from 25 to 27 June. This is the first time the conference, which attracts many prominent international hotel owners, investors, financiers, management companies and their advisors, will take place in a SADC country.
“The NIPDB therefore invites Namibian companies to submit investment project proposals to be promoted at the event, with the aim of attracting investment or international partners for Namibian projects. The deadline for submission is 10 June. The venue for the AHIF will be the Mövenpick and Mercure hotels in Windhoek.
Both properties are receiving a total makeover after they were acquired in 2021 by a fund managed by Kasada Capital Management. Consequently, AHIF will showcase the relaunch of both properties. The weekend before the conference, the forum will feature various trips to see some of Namibia’s best hospitality investment projects and tourism attractions, it added.
National potential In the seven-year period prior to the Covid-19 pandemic, Namibia’s tourism sector had been growing consistently, the NIPDB said. According to the tourism ministry, tourism numbers grew by about 5% per year from just under 1.2 million in 2012 to 1.
6 million in 2019. Howe.
