Dynasty Global Ventures is a new hospitality company based out of Fort Washington, MD focused on taking advantage of the numerous investment opportunities available within the continent of Africa via two humanitarian and business-driven divisions: the Dynasty Development Foundation and the African Dynasty Project.
Travel to Africa has become increasingly popular over the last few years, thanks to a variety of travel trends, captivating images shared by travel influencers, and even tumultuous social and political environments around the world. The travel movement has inspired many to not only visit African countries but also relocate there permanently. More and more African Americans are moving to different countries on the continent and taking advantage of ex-pat work opportunities to create a life outside of the US. By capitalizing on this trend Dynasty Global Ventures seeks to provide significant returns to our investors.
Economic growth is one of the crucial factors in attracting foreign investors. According to the World Bank, West Africa is home to several world’s fastest-growing economies, such as Benin, Gambia, Ghana, and Senegal, which have recorded around 6% of annual economic growth or more recently. This growth also encourages local investors to push real estate and infrastructure projects, which, in turn, facilitates further development by local and international parties.
Africa’s rapidly growing property markets are attracting increased interest from international investors, developers, and occupiers. It is an incredibly lucrative and profitable sector across West African countries, from Nigeria to Senegal and everything in between.
Top Ten African Real Estate Deals in 2019
In West Africa, infrastructural development speed has been increased due to the emerging regional destinations.
Hotels and related properties in West Africa will generate an income of $1.04 billion by the end of 2020.
The travel and tourism market will generate an income of $2.1 billion by the end of 2020.
Revenue is expected to grow at an annual rate of 18.6% to reach $4.88 billion by 2025.
Senegal has launched several programs promoting the local vacation rental market.
Dynasty Global Ventures will build mini-resorts in Dakar, Senegal. Senegal is located in West Africa and has a national territory of 196,722 km. The country enjoys a favorable geographic location, with a major seaport and easy access to European and North American markets. Dynasty Global Venture resorts will attract leisure travelers from all over the world and provide them with one-of-a-kind vacation experiences by offering foreign tourists luxury accommodations and unique, fun, and exciting activities that will give them unforgettable memories.
Factors such as Senegal’s tourism sector generating millions of dollars in revenue every year, the country attracting 47,200 foreign tourists every day, and the astronomically growing national vacation rental market have created enormous opportunities for us on the regional market.
Revenue in Senegal’s travel and tourism market grew to a healthy rate to reach $58 million by the end of 2020.
Revenue in Senegal’s tourism sector will grow at an annual rate of 24.7% to reach $175 million by 2025.