North Africa’s Leisure and Entertainment sector to rebound in 2021
Thirty-five million tourists visited North Africa before the COVID-19 pandemic. Although the pandemic has wiped out most of North Africa’s tourism sector, there is still more than $6.5 billion of active Leisure & Entertainment projects.
Since the onset of the COVID-19 pandemic, there has been some progress on several fronts in North Africa. Warring parties reached a peace agreement in Libya, and sanctions against Sudan got removed. Both major milestones that undoubtedly will significantly improve the leisure, entertainment and tourism industry at large in the region.
There is currently more than $9 billion of active projects in the leisure, entertainment and tourism sector across North Africa. Of this, more than $6 billion is under construction and the remaining billion dollars in the design phase. ABiQ estimates an increase in activity in both Libya and Sudan. Libya will see the extensive rebuilding of assets damaged during the civil war. Whilst in Sudan, its proximity to the Red Sea will be a target for tourism development that will help the country earn much needed foreign currency.
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