Exports from international tourism reach $1.7 trillion

Strong growth in outbound travel from many source markets around the world fueled revenues from international tourism to reach a total of $1.7 trillion. This accounts for 29% of global service exports and 7% of overall exports of goods and services. These figures consolidate international tourism among the top five economic sectors in the world, behind […]

African Development Bank approves $24.7m for S. Sudan

The Board of Directors of the African Development Bank on Thursday approved a proposal to commit $24.7 million to finance the South Sudan Strategic Water Supply and Sanitation Improvement Project. The project will support the rehabilitation of approximately 50km of the Juba town distribution network and related works, including metering and public water collections outlets. It […]