The European Business Council for Africa

Uganda’s president Yoweri Museveni this week said he expects the country’s tourism industry to lose $1.6bn in revenue due to the coronavirus pandemic.

Tourism was the country’s main foreign exchange earner in 2017 according to government data, bringing in $1.45bn - putting the $1.6bn figure into context.

Uganda isn’t the only place feeling the pain.

The UN’s World Tourism Organization estimates that international arrivals to Africa dropped 13% from January - March 2020, from a 6% increase in 2019. With international tourism expected to decline by as much as 80% globally this year, and the likes of South Africa warning that international tourism may not resume until 2021, this could be the proverbial tip of the iceberg.

The impact of the effective shutdown of what was until recently one of Africa’s economic bright spots - the region was the world’s fastest-growing for international arrivals in 2017 at 8.6% - will be widely felt.


Read more here.