Travel in region African

Botswana is a country where an array of tribes, each having transmitted from generation to generation, its culture, and traditions. Although their art and crafts, beliefs, ceremonies, legends, and rituals differ, they live in perfect harmony, united by their rich history.

Company reports 10% Month-on-Month growth in 2023

The first-ever Botswana Tourism Investment Summit will be held in the country’s capital, Gaborone, from today, the 23rd to the 24th November 2023. This event organized by the International Tourism and Investment Corporation (ITIC) in partnership with World Bank Group’s International Finance Corporation, aims at promoting Botswana as a land of untapped tourism potentials to becoming a major conduit for foreign investment flows to the country. Furthermore, Botswana’s project developers will be connected to investors. Bankable projects in quest of investments will be highlighted through presentations. In addition, the ITIC and BTO teams are preparing up to assist the different parties in brokering joint-ventures, partnership agreements or in entering the shareholding capital of these exciting strategic moves focused on high returns.

The first-ever Botswana Tourism Investment Summit will be held in the capital city, Gaborone, from the 22nd to the 24th November 2023. Organised jointly by UK-based International Tourism Investment Corporation (ITIC) and Botswana Tourism Organisation (BTO) in collaboration with World Bank Group’s International Finance Corporation, the Botswana Tourism Investment Summit will offer a unique platform to international investors and tourism forward-looking professionals to explore the country’s untapped investment opportunities.

Travel entrepreneurs know the grind when it comes to funding a startup. But the ability to get financial backing and support is said to compound when you are a founder bringing unconventional solutions for emerging markets, predominantly Black markets, that don’t fit the usual Silicon Valley bill.

Domestic flight searches in India have increased by around 32 percent and international searches by 24 percent for the monsoon season between June and August, according to Kayak’s latest insights. The increased travel interest comes despite a surge in airfares, up an average 8 percent and 11 percent for domestic and international airfares. The average return economy flight price domestically stands at $130 while the average return economy international flight is priced at $985, the report said. 

Indian carriers now have the second-largest order book for new planes, with over a 6 percent share of the industry backlog, behind only the U.S., according to a recent Barclays report. Budget carrier IndiGo’s aircraft order for 500 Airbus A320neofamily planes – likely worth $50 billion – has eclipsed Air India’s 470 aircraft order made in February. When added to IndiGo’s substantial backlog totaling 480 jets, questions will arise whether the Indian market can accommodate this number of aircraft, noted IBA, an aviation market intelligence company and consultancy.