Africa's Tourism SectorSafari Partners Limited is a boutique advisory company, specializing in the safari photo-tourism industry in Africa. The company advises potential investors, owners and stakeholders on acquisitions, disposals, mergers and management.
As African governments have embraced foreign investment, the climate for global investors to share in this success story has improved. Most countries have an investment licensing process that provides investors with confidence, tax incentives and remittance security.
The ‘real estate’ the safari business operates in, is primarily the national parks, the adjacent wildlife management areas and privately owned game farms that previously farmed livestock. In the 1970’s by way of example,land adjacent to the Kruger National Park could be acquired for a few hundred dollars per hectare. Today the same land is valued in the tens of thousands of dollars per hectare. The yield from the lucrative safari business, together with a better wildlife management culture, has created reliable high-value cashflows and capital value for investors and owners.
Furthermore, as safari tourism becomes a more mainstream investment class with global brands like Kempinski Hotels, Radisson Blu, Four Seasons, Minor Hotels and Serena developing safari lodges, the opportunities for investors to take a stake in Africa and the safari tourism sector have never been as good as they are today.