Economics & Currency
Debt, currency, fiscal policy and IMF programmes — and how each reshapes the unit economics of African tourism enterprises and destination receipts. The Corridor Index measures the proportion of tourism receipts that stay within national accounts versus the proportion that exits through foreign ownership, imported supply chains and offshore intermediaries.
African tourism is being planned around numbers that miss its biggest market.
Ask an operator in Kenya whether the official tourism figures match the business they see, and the answer is often no. The numbers are built around the international arrival and the hard-currency receipt, and they struggle to see the domestic traveller, the regional visitor and the cash transaction that make up much of the real economy. The framework that produces them was designed by international bodies and adopted rather than authored on the continent. This issue extends the Corridor's idea of convertibility bias into a question of measurement itself: you cannot govern what you cannot see.
Read the analysis →Read by tourism ministries, hotel investors and the analysts who advise them.
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