15/06/09
The fifth Africa-Asia Business Forum (AABF V) aimed at attracting more Asian investments for the promotion of tourism on the African continent has commenced in Kampala, Uganda today.
The United Nations Development Programme (UNDP) says 250 participants from more than 30 countries in Africa and Asia are attending the Forum.
The Forum is being held under the theme Forging Business Linkages for Sustainable Tourism Development in Africa.
The Forum will examine strategic directions to foster partnership building and technology transfer in tourism-related industries.
It will also come up with strategies on attracting more Asian tourists to Africa, and generate a boost in investments for the promotion of tourism on the continent.
The Forum is organized by the Government of Japan, World Bank and United Nations agencies.
It is a follow-up to the fourth Tokyo International Conference on African Development (TICAD IV) held in May 2008 in Yokohama.
In 2001 the Forum was held in Durban, South Africa.
The Forum has since generated business prospects worth US $300 billion.
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