Hospitality Assured

The tourism and hospitality sector are a key driver of Sub-Saharan Africa's economic growth, and a major source of foreign reserves and jobs: the sector has the potential to add 168 billion dollars in domestic revenue and foreign exchange, to strengthen supply chains, and to create over 18 million jobs by 2033. However, businesses in Africa struggle to attract international financing due to the perceived risks. By underwriting investments in the hospitality sector, Multilateral Investment Guarantee Agency (MIGA's) guarantees helped bring in much-needed capital to protect and create new jobs