Ver Angola

Tourism

National and international businessmen want to invest around 100 million in tourism in the Okavango region

The tourism sector in the Okavango region has captured the attention of several national and international businessmen, who have shown interest in advancing with investments, which should amount to around 100 million dollars, in that area.

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According to Rui Lisboa, chairman of the Board of Directors of the National Agency for the Management of the Angolan Okavango Region (ANAGERO), investments should start to be made in the first three months of next year.

The Angolan group Coutada de Luiana, according to the official, already has around 14 million dollars available to invest in hotel projects along the Luengue National Park.

Cited by Jornal de Angola, Rui Lisboa also made it known that the list of businessmen who want to invest in the region includes the Angola-Germany consortium, named N'Kiela. This consortium is expected to inject six million dollars into the region, and it is expected that in March 2022 it will return to Mucusso to start building an ecotourism village.

Fragile Earth and Space for Giants, a company that brings together British and Americans, also showed interest in investing in Bico de Angola. According to Jornal de Angola, this company will invest around 50 million dollars in ecotourism conservation initiatives.

Botswana's Wilderness Safari intends to inject 20 million dollars into Bico de Angola for projects aimed at stimulating ecotourism.

Also on the list of interested companies is the national company Gemeni, which has shown interest in providing 10 million dollars in projects for the protection and repopulation of the rhinoceros, a species that is in danger of extinction.

In addition, Caixa Social das Forças Armadas Angolanas also showed interest in investing in agribusiness, ecotourism, among others, however, the amount to be made available was not disclosed.

The intentions were expressed following a visit that the businessmen carried out to the Angola Okavango Region, at the beginning of the month.

Rui Lisboa, who led the visit, made a positive assessment of it, adding that investors were delighted with the potential of that area.

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