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Tourism Fund

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uuid005hr8k

Namestring
Tourism Fund
Legal namestring
Tourism Fund
Company typeenum
Private
Founded yearint
2012
Descriptiontext

Tourism Fund is a Kenyan government statutory body established under the Tourism Act Cap.381 Laws of Kenya and operational since 1 September 2012, serving as the legal successor to the Catering and Tourism Development Levy Trustees (1972–2012). The organisation functions as both a regulatory levy collector and a sector-development financier: it administers the mandatory 2% Tourism Levy on regulated hotels, restaurants, and tourism activities across Kenya (calculated on accommodation, food, and drink sales with specific formulas varying by VAT/service-charge treatment), and redistributes collected proceeds via grants and financing to Kenya Tourism Board, Kenya Utalii College, Ronald Ngala Utalii College, the Tourism Research Institute, and the Tourism Protection Service (Tourism Police Unit).

The core operating technology is the eLevy Portal (levy.tourismfund.co.ke), a government digital platform integrated with the national eCitizen portal and M-Pesa mobile money, supporting establishment registration, returns filing, self-assessment, levy calculation, and payment processing. Adjacent digital infrastructure includes the Tourism Training Revolving Fund (TTRF) loan portal operated via the Higher Education Loans Board (HELB) and an upskilling enrollment platform. Levies are billed monthly with payment due by the 10th of the following month; non-compliance triggers statutory penalties of up to KES 100,000 and/or 18 months' imprisonment under the Tourism Act.

The revenue model is statutory rather than commercial: there is no take-rate negotiation, with the 2% levy acting as a transaction-based compulsory contribution from Class A enterprises (accommodation providers with minimum charge KES 250/person) and Class B enterprises (food service providers with minimum gross receipts of KES 250,000/month). Secondary revenue streams include loan repayments from TTRF beneficiaries and ancillary income from commercial letting of the Tourism Fund Building. The fund is owned by the Government of Kenya and governed by a Board of Trustees chaired by Mr. Samson K. Some, with an acting CEO. Tourism Fund also runs PPP investment initiatives, tenders, auctions, internships, and youth innovation programs, but the levy-to-grant redistribution cycle remains its core economic function.

Short descriptiontext

Tourism Fund is a Kenyan government statutory body that collects a mandatory 2% tourism levy from regulated hotels and restaurants via the eLevy Portal and redistributes proceeds as grants to Kenya Tourism Board, hospitality colleges, the Tourism Research Institute, and Tourism Police.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersNairobi, Kenya
HQ citystring
Nairobi
HQ countrystring
Kenya
HQ regionstring
Africa
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
tourism levy administration, statutory tourism fund, tourism sector financing, hospitality training loans, tourism development grants
Industry1 code
1Tourism Trade & Services Exports Development
CodeBPADAMAOPrimaryYes
NAICS code2 codes
  • Grantmaking and Giving Services81321
  • Convention and Visitors Bureaus561591
SIC code1 code
  • Federal & Federally-Sponsored Credit Agencies6111
Product category
Tourism Development Fund Administration
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
12% Tourism Levy Collection
TypeTransaction Fee
Description

Tourism Fund collects a mandatory 2% tourism levy from all regulated hotels, restaurants, and tourism activities across Kenya. The levy is calculated on accommodation, food, and drink sales (full & half board, bed & breakfast, or accommodation-only rates). Businesses declare VAT, service charge, and tourism levy, with specific formulas for different scenarios.

tourismfund.go.ke
2Grants and Financing
TypeProfessional Services
Description

Tourism Fund provides financial support to various tourism sector entities including Kenya Tourism Board, Kenya Utalii College, Ronald Ngala Utalii College, Tourism Research Institute, and Tourism Protection Service. Funds are allocated for marketing, training, research, and security services.

tourismfund.go.ke
3Tourism Training Revolving Fund (TTRF)
TypeTransaction Fee
Description

Provides loans for tourism-related education and upskilling programs. The fund supports students pursuing tourism studies at local, international institutions and online learning platforms. Sustainability is maintained through loan repayments by beneficiaries.

tourismfund.go.ke
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels5 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Technology or R&D, Others, Supply Chain, Infrastructure
Pricing details1 tier
12% Tourism Levy - Standard rate for all regulated establishments
ModelTransaction based/ take rateBilling cadenceMonthly
Notes

2% levy on gross receipts from accommodation, food, and drink sales. Registration threshold: Class A enterprises with minimum accommodation charge of KES 250/person; Class B enterprises with minimum gross receipts of KES 250,000/month. Payment due by 10th of following month.

tourismfund.go.ke
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Tourism Fund is a Kenyan government statutory body that collects a mandatory 2% tourism levy from regulated hotels, restaurants, and tourism activities, and re-deploys those proceeds to finance tourism sector development. Its deliverables include the eLevy portal for levy registration and payment, grants to the Kenya Tourism Board, training colleges, the Tourism Research Institute and the Tourism Police Unit, an education loan program (Tourism Training Revolving Fund), and an industry upskilling program.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Tourism Fund operates as a government parastatal established under the Tourism Act Cap.381 Laws of Kenya, functioning as a unified platform with multiple interconnected service modules. The core offerings include the eLevy Portal for 2% Tourism Levy collection from regulated establishments, and the Tourism Training Revolving Fund providing education loans. Supporting services encompass Grants & Financing (supporting Kenya Tourism Board, Tourism Protection Service, Kenya Utalii College, Ronald Ngala Utalii College, and Tourism Research Institute), the Upskilling Program for workforce development, and Public-Private Partnership investment opportunities. The fund also manages the Tourism Fund Building providing commercial office space, and facilitates tenders, auctions, and internship opportunities.

Product and service5 records
12% Tourism Levy Portal (eLevy Platform)
CategoryTourism Levy Administration
2Tourism Training Revolving Fund (TTRF)
CategoryTourism Education Financing
3Grants and Financing for Tourism Sector
CategoryTourism Development Grants
4Tourism Fund Upskilling Program
CategoryTourism Workforce Upskilling
5Public-Private Partnership (PPP) Investment Opportunities
CategoryTourism Infrastructure Investment
Scale indicator2 records

Each record includes

Type, Value, Description, Source

Partnership10 partners
Strategic tierSupportingTypeStrategic or Co-development PartnerAnnounced on2024-01-01
Description

Tourism Fund, through the Tourism Training Revolving Fund and other partners, launched an upskilling program that shifts from traditional learning to job-centric skills development with on-the-job learning, direct feedback, and coaching. Partners contribute expertise for industry-approved training.

2Private Sector Investors (PPP)
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-01-01
Description

Tourism Fund seeks to collaborate with private sector investors through public-private partnerships (PPPs) to promote and expand tourism infrastructure and services. Partnerships focus on shared risk and reward, innovation and expertise, sustainable growth, and economic boost for local communities.

tourismfund.go.ke
Strategic tierSupportingTypeTechnology or IntegrationAnnounced on2024-01-01
Description

Tourism Fund leverages the Kenyan government's eCitizen platform for tourism levy payment processing, enabling seamless integration with national digital infrastructure.

Strategic tierSupportingTypeTechnology or IntegrationAnnounced on2024-01-01
Description

Integration with M-Pesa mobile money service enables levy payers to make payments through the eLevy platform using mobile wallets, facilitating convenient and instant transactions.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2012-01-01
Description

Tourism Fund provides financial support through grants to Kenya Tourism Board under Section 68 of the Tourism Act. The Board uses these funds to implement national marketing strategies and campaigns locally and internationally to promote Kenya as a prime tourist destination.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2012-01-01
Description

Tourism Fund contributes towards Kenya Utalii College, a premier hospitality and tourism education institution in Africa. Funding helps maintain high education and training standards, ensuring skilled professionals for the tourism sector.

7Ronald Ngala Utalii College
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2012-01-01
Description

Tourism Fund allocates significant resources to finance training and capacity development at Ronald Ngala Utalii College in Vipingo, Kilifi County. The college offers comprehensive hospitality training with facilities including practical training restaurant, fully-equipped kitchens, and cruise ship training areas.

tourismfund.go.ke
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2012-01-01
Description

Tourism Fund provides grants to Tourism Research Institute, enabling comprehensive tourism research and analysis. TRI serves as a key reference center for data and research insights vital for decision-making by government and private sector stakeholders.

9Tourism Protection Service (Tourism Police Unit)
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2012-01-01
Description

Tourism Fund allocates financial resources to support the Tourism Police Unit responsible for ensuring safety within tourist areas. Funding covers operational costs including training, equipment, and personnel maintenance for tourist safety.

tourismfund.go.ke
Strategic tierCoreTypeTechnology or IntegrationAnnounced on2011-01-01
Description

Tourism Training Revolving Fund (TTRF), established under the 2011 Tourism Act, is managed through HELB's portal system. The partnership enables loan disbursement and recovery for tourism education financing.

Recent move8 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
1Ethiopian Tourism Organization
TypeDirect peer
Description

National tourism organization for Ethiopia. Comparable as an African state tourism development body with marketing, regulatory, and sector capacity mandates.

TypeDirect peer
Description

State tourism promotion and development agency for Namibia. Comparable as a Southern African government parastatal focused on tourism marketing and sector capacity building.

TypeDirect peer
Description

National tourism promotion authority for Mauritius. Comparable as an African government tourism body combining destination marketing, sector funding, and capacity development functions.

TypeDirect peer
Description

South Africa's national tourism promotion and marketing agency. Comparable as a state-mandated body responsible for tourism marketing, destination promotion, and sector development in another major African tourism market.

TypeDirect peer
Description

National tourism promotion agency for Uganda. Comparable as an East African government tourism body driving marketing, destination development, and sector capacity building.

TypeDirect peer
Description

National tourism promotion agency for Tanzania. Comparable as a neighboring East African government body driving tourism marketing and destination development with similar mandate scope.

TypeDirect peer
Description

Statutory body responsible for tourism development and promotion in Zimbabwe. Comparable as a Sub-Saharan African state parastatal combining regulatory enforcement, destination marketing, and sector funding roles.

TypeDirect peer
Description

Government regulatory and promotion body for tourism in Ghana. Comparable as a West African state tourism authority with regulatory, marketing, and sector development mandates.

TypeDirect peer
Description

Government agency responsible for tourism development and promotion in Rwanda. Comparable as an East African state tourism development authority combining regulatory, investment promotion, and destination marketing functions.

TypeDirect peer
Description

National tourism body for Botswana. Comparable as a Sub-Saharan African state tourism development agency with destination promotion and sector funding responsibilities.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers4 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment6 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile5 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries6 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Tourism Fund

Tourism Development Fund Administrationtourismfund.co.ke

Tourism Fund is a Kenyan government statutory body that collects a mandatory 2% tourism levy from regulated hotels and restaurants via the eLevy Portal and redistributes proceeds as grants to Kenya Tourism Board, hospitality colleges, the Tourism Research Institute, and Tourism Police.

What Tourism Fund does

Tourism Fund is a Kenyan government statutory body established under the Tourism Act Cap.381 Laws of Kenya and operational since 1 September 2012, serving as the legal successor to the Catering and Tourism Development Levy Trustees (1972–2012). The organisation functions as both a regulatory levy collector and a sector-development financier: it administers the mandatory 2% Tourism Levy on regulated hotels, restaurants, and tourism activities across Kenya (calculated on accommodation, food, and drink sales with specific formulas varying by VAT/service-charge treatment), and redistributes collected proceeds via grants and financing to Kenya Tourism Board, Kenya Utalii College, Ronald Ngala Utalii College, the Tourism Research Institute, and the Tourism Protection Service (Tourism Police Unit).

The core operating technology is the eLevy Portal (levy.tourismfund.co.ke), a government digital platform integrated with the national eCitizen portal and M-Pesa mobile money, supporting establishment registration, returns filing, self-assessment, levy calculation, and payment processing. Adjacent digital infrastructure includes the Tourism Training Revolving Fund (TTRF) loan portal operated via the Higher Education Loans Board (HELB) and an upskilling enrollment platform. Levies are billed monthly with payment due by the 10th of the following month; non-compliance triggers statutory penalties of up to KES 100,000 and/or 18 months' imprisonment under the Tourism Act.

The revenue model is statutory rather than commercial: there is no take-rate negotiation, with the 2% levy acting as a transaction-based compulsory contribution from Class A enterprises (accommodation providers with minimum charge KES 250/person) and Class B enterprises (food service providers with minimum gross receipts of KES 250,000/month). Secondary revenue streams include loan repayments from TTRF beneficiaries and ancillary income from commercial letting of the Tourism Fund Building. The fund is owned by the Government of Kenya and governed by a Board of Trustees chaired by Mr. Samson K. Some, with an acting CEO. Tourism Fund also runs PPP investment initiatives, tenders, auctions, internships, and youth innovation programs, but the levy-to-grant redistribution cycle remains its core economic function.

Tourism Fund firmographics

Firmographics
Name
Tourism Fund
Legal name
Tourism Fund
Website
https://tourismfund.co.ke
Company type
Private
Founded year
2012
Operating status
Operating
Headcount range
101–250 employees
Short description
Tourism Fund is a Kenyan government statutory body that collects a mandatory 2% tourism levy from regulated hotels and restaurants via the eLevy Portal and redistributes proceeds as grants to Kenya Tourism Board, hospitality colleges, the Tourism Research Institute, and Tourism Police.
Ownership category
akta.pro rank

Tourism Fund industry classification

Industry
Product category
Tourism Development Fund Administration
NAICS
Grantmaking and Giving Services (81321), Convention and Visitors Bureaus (561591)
SIC
Federal & Federally-Sponsored Credit Agencies (6111)
akta.pro primary industry
Tourism Trade & Services Exports Development (BPADAMAO)

Keywords

  • Tourism levy administration
  • Statutory tourism fund
  • Tourism sector financing
  • Hospitality training loans
  • Tourism development grants

Where Tourism Fund is headquartered

Location

Headquarters

HQ city
Nairobi
HQ country
Kenya
HQ region
Africa

Offices2 records

Markets served

Tourism Fund business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Others, Supply Chain, Infrastructure

Revenue model

  1. 2% Tourism Levy Collection: Tourism Fund collects a mandatory 2% tourism levy from all regulated hotels, restaurants, and tourism activities across Kenya. The levy is calculated on accommodation, food, and drink sales (full & half board, bed & breakfast, or accommodation-only rates). Businesses declare VAT, service charge, and tourism levy, with specific formulas for different scenarios.
  2. Grants and Financing: Tourism Fund provides financial support to various tourism sector entities including Kenya Tourism Board, Kenya Utalii College, Ronald Ngala Utalii College, Tourism Research Institute, and Tourism Protection Service. Funds are allocated for marketing, training, research, and security services.
  3. Tourism Training Revolving Fund (TTRF): Provides loans for tourism-related education and upskilling programs. The fund supports students pursuing tourism studies at local, international institutions and online learning platforms. Sustainability is maintained through loan repayments by beneficiaries.

Pricing tiers

ModelBillingPrice
Transaction based/ take rateMonthly2% Tourism Levy - Standard rate for all regulated establishments

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Tourism Fund product offering

Product offering

Core offering

Tourism Fund is a Kenyan government statutory body that collects a mandatory 2% tourism levy from regulated hotels, restaurants, and tourism activities, and re-deploys those proceeds to finance tourism sector development. Its deliverables include the eLevy portal for levy registration and payment, grants to the Kenya Tourism Board, training colleges, the Tourism Research Institute and the Tourism Police Unit, an education loan program (Tourism Training Revolving Fund), and an industry upskilling program.

Product overview

Tourism Fund operates as a government parastatal established under the Tourism Act Cap.381 Laws of Kenya, functioning as a unified platform with multiple interconnected service modules. The core offerings include the eLevy Portal for 2% Tourism Levy collection from regulated establishments, and the Tourism Training Revolving Fund providing education loans. Supporting services encompass Grants & Financing (supporting Kenya Tourism Board, Tourism Protection Service, Kenya Utalii College, Ronald Ngala Utalii College, and Tourism Research Institute), the Upskilling Program for workforce development, and Public-Private Partnership investment opportunities. The fund also manages the Tourism Fund Building providing commercial office space, and facilitates tenders, auctions, and internship opportunities.

Differentiator

Problem solved

Functional benefit

Products and services

  • 2% Tourism Levy Portal (eLevy Platform)
  • Tourism Training Revolving Fund (TTRF)
  • Grants and Financing for Tourism Sector
  • Tourism Fund Upskilling Program
  • Public-Private Partnership (PPP) Investment Opportunities

Companies that use Tourism Fund

Customer profile

Named customers4 records

Segments6 records

Ideal customer profiles5 records

Tourism Fund technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Tourism Fund partnerships and signals

Strategic signal

Partnerships

Ten partnerships are on record, tiered supporting and core.

  • Upskilling Program PartnerssupportingStrategic or Co-development Partner · 1 January 2024Tourism Fund, through the Tourism Training Revolving Fund and other partners, launched an upskilling program that shifts from traditional learning to job-centric skills development with on-the-job learning, direct feedback, and coaching. Partners contribute expertise for industry-approved training.
  • Private Sector Investors (PPP)coreStrategic or Co-development Partner · 1 January 2024Tourism Fund seeks to collaborate with private sector investors through public-private partnerships (PPPs) to promote and expand tourism infrastructure and services. Partnerships focus on shared risk and reward, innovation and expertise, sustainable growth, and economic boost for local communities.
  • eCitizen PlatformsupportingTechnology or Integration · 1 January 2024Tourism Fund leverages the Kenyan government's eCitizen platform for tourism levy payment processing, enabling seamless integration with national digital infrastructure.
  • M-Pesa (Safaricom)supportingTechnology or Integration · 1 January 2024Integration with M-Pesa mobile money service enables levy payers to make payments through the eLevy platform using mobile wallets, facilitating convenient and instant transactions.
  • Kenya Tourism BoardcoreStrategic or Co-development Partner · 1 January 2012Tourism Fund provides financial support through grants to Kenya Tourism Board under Section 68 of the Tourism Act. The Board uses these funds to implement national marketing strategies and campaigns locally and internationally to promote Kenya as a prime tourist destination.
  • Kenya Utalii CollegecoreStrategic or Co-development Partner · 1 January 2012Tourism Fund contributes towards Kenya Utalii College, a premier hospitality and tourism education institution in Africa. Funding helps maintain high education and training standards, ensuring skilled professionals for the tourism sector.
  • Ronald Ngala Utalii CollegecoreStrategic or Co-development Partner · 1 January 2012Tourism Fund allocates significant resources to finance training and capacity development at Ronald Ngala Utalii College in Vipingo, Kilifi County. The college offers comprehensive hospitality training with facilities including practical training restaurant, fully-equipped kitchens, and cruise ship training areas.
  • Tourism Research Institute (TRI)coreStrategic or Co-development Partner · 1 January 2012Tourism Fund provides grants to Tourism Research Institute, enabling comprehensive tourism research and analysis. TRI serves as a key reference center for data and research insights vital for decision-making by government and private sector stakeholders.
  • Tourism Protection Service (Tourism Police Unit)coreStrategic or Co-development Partner · 1 January 2012Tourism Fund allocates financial resources to support the Tourism Police Unit responsible for ensuring safety within tourist areas. Funding covers operational costs including training, equipment, and personnel maintenance for tourist safety.
  • Higher Education Loans Board (HELB)coreTechnology or Integration · 1 January 2011Tourism Training Revolving Fund (TTRF), established under the 2011 Tourism Act, is managed through HELB's portal system. The partnership enables loan disbursement and recovery for tourism education financing.

Scale indicators2 records

Recent moves8 records

Expansion highlights5 records

Tourism Fund competitors and assessment

Company assessment

Direct peers

  • Ethiopian Tourism Organization: National tourism organization for Ethiopia. Comparable as an African state tourism development body with marketing, regulatory, and sector capacity mandates.
  • Namibia Tourism Board: State tourism promotion and development agency for Namibia. Comparable as a Southern African government parastatal focused on tourism marketing and sector capacity building.
  • Mauritius Tourism Promotion Authority: National tourism promotion authority for Mauritius. Comparable as an African government tourism body combining destination marketing, sector funding, and capacity development functions.
  • South African Tourism: South Africa's national tourism promotion and marketing agency. Comparable as a state-mandated body responsible for tourism marketing, destination promotion, and sector development in another major African tourism market.
  • Uganda Tourism Board: National tourism promotion agency for Uganda. Comparable as an East African government tourism body driving marketing, destination development, and sector capacity building.
  • Tanzania Tourist Board: National tourism promotion agency for Tanzania. Comparable as a neighboring East African government body driving tourism marketing and destination development with similar mandate scope.
  • Zimbabwe Tourism Authority: Statutory body responsible for tourism development and promotion in Zimbabwe. Comparable as a Sub-Saharan African state parastatal combining regulatory enforcement, destination marketing, and sector funding roles.
  • Ghana Tourism Authority: Government regulatory and promotion body for tourism in Ghana. Comparable as a West African state tourism authority with regulatory, marketing, and sector development mandates.
  • Rwanda Development Board (Tourism Division): Government agency responsible for tourism development and promotion in Rwanda. Comparable as an East African state tourism development authority combining regulatory, investment promotion, and destination marketing functions.
  • Botswana Tourism Organisation: National tourism body for Botswana. Comparable as a Sub-Saharan African state tourism development agency with destination promotion and sector funding responsibilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Tourism Fund social profiles

Digital presence

Tourism Fund financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Tourism Fund leadership team

Management profile

Number of profiles

Profiles2 records

Tourism Fund subsidiaries and ownership

Company hierarchy

Subsidiaries6 records

Tourism Fund funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Tourism Fund M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tourism Fund

What does Tourism Fund do?

Tourism Fund is a Kenyan government statutory body that collects a mandatory 2% tourism levy from regulated hotels, restaurants, and tourism activities, and re-deploys those proceeds to finance tourism sector development. Its deliverables include the eLevy portal for levy registration and payment, grants to the Kenya Tourism Board, training colleges, the Tourism Research Institute and the Tourism Police Unit, an education loan program (Tourism Training Revolving Fund), and an industry upskilling program.

Is Tourism Fund a public or private company?

Tourism Fund is a private company. It is classified as state government owned and is currently operating.

When was Tourism Fund founded?

Tourism Fund was founded in 2012. It employs 101 to 250 people.

Where is Tourism Fund based?

Tourism Fund is headquartered in Nairobi, Kenya, in the Africa region.

How does Tourism Fund make money?

Three revenue lines are on record. 2% Tourism Levy Collection is the primary driver. The others are grants and Financing and tourism Training Revolving Fund (TTRF).

Who are Tourism Fund's main competitors?

Direct peers on record are Ethiopian Tourism Organization, Namibia Tourism Board, Mauritius Tourism Promotion Authority, South African Tourism, Uganda Tourism Board, Tanzania Tourist Board, Zimbabwe Tourism Authority, Ghana Tourism Authority, Rwanda Development Board (Tourism Division) and Botswana Tourism Organisation.

Does Tourism Fund have an API?

No public API is recorded for Tourism Fund.

What industry is Tourism Fund in?

Tourism Fund's product category is Tourism Development Fund Administration. Its primary akta.pro industry code is BPADAMAO, Tourism Trade & Services Exports Development. Its NAICS code is 81321 and its SIC code is 6111.

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