Omolara Adewunmi

One of the major things that has hindered the growth of tourism in Africa is poor funding. There are many African businesses with great initiatives that could revolutionize the industry on both small and large scale, unfortunately access to funding possess a problem.  To profer solutions to this problem, our panel would be discussing funding opportunities such as crowdfunding, trust funds and tourism banking for Tourism businesses.

Crowdfunding, which is the practice of funding a project by raising money from a large number of people who each contribute a relatively small amount, has become the fastest-growing trend in fundraising and it’s a predominantly useful tool in times of crisis. Our speakers, Pelu Awofeso and Ayomide Aborowa, who are tourism entrepreneurs, would be  sharing how they were able to raise funds for their projects through crowdfunding. Our other speakers, Omolara Adewunmi and Abiola Adelana would be sharing other funding opportunities that Tourism businesses could tap into such as Trust Funds and Tourism Banking.

Attendees will leave this session with further insights on:
[1] How to tap into the different funding opportunities for their Tourism businesses
[2] Why having a community is important when is comes to funding their tourism projects
[3] How to utilize digital platforms and traditional media to build visibility for their tourism fundraising projects

                                  This session is hosted by Nene-Uwa Hub Ltd