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New Gambia: Jammeh out, investors in
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New Gambia: Jammeh out, investors in

Investors have resumed coming back to The Gambia, barely five months after the departure of former president Yahya Jammeh.

It is widely believed that Jammeh’s eccentric style and bad attitude towards potential investors and local businesses, has greatly hampered the country’s efforts for economic stability.

But now that he is gone for good, officials believe that is set to change, with the recent arrival of French investors expected to be the beginning of the start of coming of several other investors.

The 18 French investors, who came from 11 companies to explore possible ways of doing business in The Gambia, made a courtesy call on Foreign Affairs Minister Ousainou Darboe in his office in Banjul.

And investment broker, who accompanied the delegation, said they also met officials of Gambia Investment and Export Promotion Agency (GIEPA) and visited different ministries in seeking answers for possible investment. 

Bruno Paret, the administrator general of SENEMECA, a famous machine company in Senegal, said they are “very” happy to follow The Gambia’s new democratic page.

“We came with a lot of specialities in insurance and other services and many things like that, and we are sure there are a lot of things to do to help the development of The Gambia,” Mr Paret stated.

Paret said his company is focused on “energy and mechanical specialties and maintenance,” adding that “we are already working with Nawec, airport and some fishing companies.”


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