AFRICA The World Tourism Organisation and the Banesto Foundation are partnering on an effort to provide technical support to and financial aid for sustainable tourism business projects in Ethiopia, Mozambique and Tanzania.
The agreement sets the basis for the identification, evaluation and technical and financial support of tourism projects—preferably those sponsored by women or cooperatives that have a special emphasis on the leadership role of women. Project selection will be carried out jointly taking into consideration economic viability, potential impact on the local economy, the promotion and employment of women, solidarity aspects and environmental sustainability.
Allocation of funds, as well as guidance and technical assistance, will be carried out through UNWTO collaborating organizations in the beneficiary countries. Funding will be provided in the form of subsidies or micro-credits with the support of local organizations. The program may eventually be extended to other markets in Africa and to Latin America.
Resources will come from the Banesto Foundation or from third-party contributions, as a result of agreements with collaborating organizations, from fundraising activities or from individual contributions made online through the Banesto Foundation’s web initiative. All projects will become part of the sustainable and responsible tourism network promoted by the Banesto Foundation in Africa and Latin America.