Feature Article of Tuesday, 27 June 2017Columnist: Josephine WawiraTourism and Hospitality playing a key role in the growth of African economiesEthiopia, Tanzania, and Djibouti are the African countries among the 10 fastest growing economiesEthiopia, Tanzania, and Djibouti are the African countries among the 10 fastest growing economies globally in 2017. This is according to a data-shot by Infinite Potentials Consulting (IPC), a professional services consulting firm which further states that the 3 states are expected to experience the highest Gross Domestic Product (GDP) growth in 2017, with a growth of 7.7%, 7.1%, and 7.0% respectively against a projected global average GDP growth of 2.7%. On the other hand, Ethiopia and Tanzania have been significantly supported by the recovery of agricultural production, their rising service sectors, and increased infrastructure investments. "The Ethiopian hospitality industry has grown quickly over the last few years, and there remains a lot of untapped potential. Out of this, the tourism and hospitality industry employs 1 out of 20 Africans, who indirectly work in the sector.

Source: GhanaWeb June 27, 2017 10:07 UTC