Subscribe
Latest news about Africa
  • Login
No Result
View All Result
  • Home
  • Diaspora Voice
  • Finance
  • Crypto News
  • Business
  • Security News
  • Artificial Intelligence
  • Sports
  • Tech News
  • Home
  • Diaspora Voice
  • Finance
  • Crypto News
  • Business
  • Security News
  • Artificial Intelligence
  • Sports
  • Tech News
No Result
View All Result
Latest news about Africa
No Result
View All Result
Home Economy

This is How Uganda Is Boosting Its Economy With Tourism

Uganda just recorded a 56% boost in the rate of international tourist which leads to rise in earnings.

Olamide Ayeni by Olamide Ayeni
March 29, 2024
in Economy, World
4 1
0
This is How Uganda Is Boosting Its Economy With Tourism
10
SHARES
879
VIEWS
Share on FacebookShare on Twitter

Uganda has laid a precedent for other African countries as it recorded a reach of over one billion dollars ($1.025 billion) in the previous year according to the 2024 Tourism and Trends Statistics report.

This is a major recovery after the East African country experienced a major decline in the industry post-Covid as the number of international tourists declined by eighty per cent in 2020 and sixty per cent in 2021.

In 2023, Uganda’s tourism sector recorded over fifty-six (56%) per cent growth and surpassed over one million (1.2 million) visitors, the best since COVID.

This boost represents over eighty-three (83.4%) per cent of the one billion, six hundred thousand dollars ($1.6 billion) recorded in 2019.

With this report, it’s safe to say Ugadan has expanded its marketing efforts in the tourism industry, thereby diversifying the economy for a better result.

Tourism continues to hold paramount importance for Uganda, making a substantial contribution of over four per cent (4.7%) to the country’s Gross Domestic Product (GDP)  With the boost in the industry, the GDP of the East African country increases.

Other African countries with tourist attractions should take a queue from Uganda’s relentless effort to ensure that the contribution to the national economy is not from a single source.

Also Read: Ugandan President Museveni Makes Son Army Chief

Here’s How Uganda Improved Its Tourism Industry To Cause Economy Boost

Denis Ojok, a Senior Statistician at Uganda’s Ministry of Tourism, Wildlife, and Antiquities, highlighted and praised the growth trend in international tourism.

He highlighted a substantial increase, with international tourist arrivals rising from around eight hundred thousand (800,000) in 2022 to one million in 2023, showcasing a positive trajectory in the tourism sector.

A major contributor to the massive growth is the collaboration between the aviation industry and the tourism industry.

Uganda Airlines played a pivotal role in boosting the acceptability of the nation’s tourism, expanding its African network with new routes. This means Uganda Airlines started plying new routes, which opens the door of the nation to more international tourists.

Despite facing challenges, Kenya, Rwanda, and South Sudan retained their positions as Uganda’s largest African source markets, collectively contributing 80 per cent of all arrivals on the continent in 2023.

When industries can collaborate within a nation, the economy gets boosted and Ugadndan has proven the strength of collaboration and unity.

Earlier in the previous year, the government announced reducing the tourism budget from Ush194.6 billion ($52 million) in the previous financial year to only Ush89.29 billion ($24 million) for 2023/2024.

Despite causing a lot of uproar in the country, Government technocrats and private sector players ensured there was more than enough funding to transform the tourism industry.

The transformation was carried out by upgrading, maintaining and redeveloping tourism sites, participating in international meetings and exhibitions, reviewing and implementing the national tourism marketing strategy, and developing new sites and products.

Once the transformation was implemented, the tourism industry took a whole new turn, thereby contributing largely to the nation’s GDP.

Another noteworthy contributor to the growth is the significant surge in domestic tourism, marked by over twenty-five per cent (25.3%) rise in Ugandan citizens visiting national parks and recreational centres.

This upward trend is indicative of a growing interest and engagement of residents in exploring their country’s natural and cultural attractions.

Additionally, the tourism sector serves as a significant employer, directly or indirectly supporting over 620,000 individuals across various related industries and services.

When the employment rate increases, the nation’s economy appreciates as citizens will be able to pay their taxes and run small-scale businesses.

If the current growth trend persists, Uganda’s tourism revenues are poised to surpass pre-pandemic levels by the end of 2024.

This will have a major impact on the nation’s GDP and inspire other African countries to invest in their tourism sector.

Tags: TourismUganda

Be sure to turn on notifications to stay connected with us

Unsubscribe
Olamide Ayeni

Olamide Ayeni

Olamide Ayeni is a seasoned writer with experience in the Digital Marketing Industry as well as several other brands.

Related Posts

Bola Tinubu reforms

Nigeria presses ahead with economic reforms as fuel subsidy removal and tax changes reshape economy

by Associated Press
February 9, 2026
0

ABUJA, Nigeria — Nigeria’s President Bola Tinubu is pressing ahead with sweeping economic reforms that have reshaped the country’s finances...

National Recognition

Seyi Tinubu Receives National Recognition for Bridging Nigeria’s Religious Divide

by Staff Writer
February 7, 2026
0

Chief Seyi Tinubu has received national recognition for his role in promoting interfaith engagement and supporting Christian communities across Nigeria,...

Nigeria's First Lady talks persecution and diplomacy

Nigeria’s First Lady Oluremi Tinubu Pushes Back on Persecution Claims, Sees Opportunity in U.S. Engagement

by Associated Press
February 6, 2026
0

Nigeria’s First Lady Oluremi Tinubu has pushed back against international claims that Christians face systematic persecution in Nigeria, describing such...

Why Some Nigerian Women Ask Men for Money While Searching for Love

Why Some Nigerian Women Ask Men for Money While Searching for Love

by Staff Writer
January 31, 2026
0

Nigeria is a country known for its warmth, beauty, and deep emotional connections. But in recent years, a recurring debate...

Political analysts warn that governors do not vote, citing Nigeria’s 2015 election as a lesson for current leaders.

Why Having 36 Governors May Not Guarantee Tinubu Victory

by Staff Writer
January 17, 2026
0

President Bola Ahmed Tinubu currently leads a party that governs the vast majority of Nigeria’s states. For some political strategists,...

Navigation system for Africa

WakaMap: The Easy Way to Navigate Africa

by Editorial
January 9, 2026
0

Navigating across Africa has long been a challenge. From unnamed streets and fast-growing neighborhoods to routes known only by locals,...

Next Post
Jacob Zuma: See Rise And Fall Of A 24-Year Political Career

Jacob Zuma: See Rise And Fall Of A 24-Year Political Career

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • America’s Betting Surge: A Deep Dive into Who’s Driving the Sports Gambling Revolution
  • Bitfelo Sets New Benchmark: Prioritizing Security and Trust in the Crypto Exchange Arena
  • From Presidential Palace to Courtroom: Robert Mugabe’s Son Faces Attempted Murder Charge in South Africa
  • Cracking the Code: Inside The New York Times’ Connections Sports Edition Phenomenon
  • Manjrekar’s Blunt Assessment: India’s T20 World Cup Journey Hits a Snag After South Africa Rout

Recent Comments

  1. "oppna ett binance-konto on Melania Trump’s Mail Suit Suggests Desire To Monetise First Lady Role
  2. Crear cuenta personal on Not Dollar, These Currencies Hold The Highest Value In 2024
  3. Sabrina on Remember When Someone Bought 2 Pizzas With 10,000 Bitcoin? It’s Now An Annual Celebration Day
  4. mosbeth_mkma on Bright Enabulele: The Technologist Positioning Africa at the Center of the Digital Future
  5. crypto com buy bitcoin on A Digital Media Startup Growing Up With Millennial Women

Archives

  • February 2026
  • January 2026
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • November 2024
  • October 2024
  • September 2024
  • July 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023

Categories

  • Artificial Intelligence
  • Business
  • Crypto News
  • Cryptocurrency
  • Diaspora Voice
  • Economy
  • Entertainment
  • Finance
  • FinTech
  • News
  • Politics
  • Real Estate
  • Security News
  • Sports
  • Spotlight
  • Tech
  • Tech News
  • Technology
  • Top Slider
  • uncategorized news
  • World
  • World

Category

  • Artificial Intelligence
  • Business
  • Crypto News
  • Cryptocurrency
  • Diaspora Voice
  • Economy
  • Entertainment
  • Finance
  • FinTech
  • News
  • Politics
  • Real Estate
  • Security News
  • Sports
  • Spotlight
  • Tech
  • Tech News
  • Technology
  • Top Slider
  • uncategorized news
  • World
  • World

Site Links

  • Login
  • Register

Latest News

Bitfelo Sets New Benchmark: Prioritizing Security and Trust in the Crypto Exchange Arena - February 24, 2026

Bitfelo Sets New Benchmark: Prioritizing Security and Trust in the Crypto Exchange Arena

February 24, 2026
  • About us
  • Advertise with us
  • Contact-us
  • Fintech Telex
  • Guest Post
  • Oduwacoin
  • Privacy Policy
  • Terms And Conditions

© 2023 FinTech Telex. All Rights Reserved. Diaspora Network

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • Login
  • Sign Up
Forgot Password?
Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.
No Result
View All Result
  • Home
  • Diaspora Voice
  • Finance
  • Crypto News
  • Business
  • Security News
  • Artificial Intelligence
  • Sports
  • Tech News

© 2023 FinTech Telex. All Rights Reserved. Diaspora Network