Invest Gambia I Opportunities

Gambia Tourism

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Agriculture

Invest Gambia fully supports the President's Back to Land initiative for national food Self-Sufficiency. Whilst global commodities supplies continues to be overstretched and under duress; our Commodity funds are invested in diversified and complex commodities brokerages companies.

Invest Gambia is encouraging investment and investors into Gambia's young, diverse and lucrative Horticulture, Floriculture, Animal husbandry, Fruit/Vegetable Processing and Canning opportunities.

Aerospace and Maritime

The Gambia is the most strategically located African country. With its geographical close proximity to Americas, Europe, Middle East and Rest of Africa.

Invest Gambia is using this extraordinary strategic position to make a case for The Gambian Aerospace and Maritime/waterways a Hub for the whole of Africa. Summary Of Current Projects

- Air Gambia International

- African Centre for Aeronautic & Aerospace

- African Institute for Maritime Excellence and Security

- Strategic West African Waterways (SWAW)

Aquaculture & Fishing

Aquaculture and Fishing Compelling new aquaculture investment and fishing opportunities are opening up in the Gambia.Invest Gambia will continue to encourage invetments into this strategically competitive national industry.

For Gambias, The Government has the Youth in Agriculture and Fishing initiative (YAFI) in place, under the aegis of the APRC bureau. H.E. The President of The Gambia is encouraging youths to come up with pragmatic projects in the area of agriculture and fishing. "It is my promise to fund such initiatives and I await project proposals in this direction." H.E. President Jammeh.

Real Estate and Hospitality

Real Estates and Hospitality are growing opportunities in the Gambia. Invest Gambia will sustainably reap those benefits on ROI (returns on investments) as The Gambia remains the most politically, economically stable as well as the most competitive tourist destination in the whole region! We invite all and sundry to invest in Gambia's diversified Real Estate Sector.

Invest Gambia welcomes investors and invesments in Africa'safest country...The Gambia.

Opportunities

Energy

The world is moving away from carbon intensive energy production to more environmentally friendly (Green Energy). Green Energy is undoubtedly the sustainable energy source for the future. The Gambia is clearly the perfect oyster for green energy evolution; an evolution that Invest Gambia is championing to meet the future demands of our industries and for the Good of our people.

The Electricity Sub - Sector

The provision of efficient, reliable and affordable energy that is sustainable and environmentally sound is the main objective in the government energy policy framework.

Regarding the electricity sector, the core problems and objectives of the government remain the following:

Increase of generating capacity that is presently inadequate and unable to meet the demand estimated to range between 15MW and 30MW. The government therefore seeks foreign and local partnership in increasing generating capacity.
capital investment to improve the poor state of the transmission and distribution system which result in high technical losses and un-metered consumption estimated at about 40%; and
improving efficiencies so as to reduce cost of energy.

The Government continues to undertake measures at overcoming these problems through institutional strengthening and other restructuring efforts. In that regard, the Government welcomes local and foreign interest in the sector so as to achieve, in the short to medium term, the following:

Reduce the cost of electricity
Increase the accessibility and supply reliability of electricity nationwide, and
Mitigae the environmental impact of the power sector

Strategies laid down for the electricity include the creation of a more conducive legal and regulatory framework, the formation of a partnership with the private sector, and the participation of independent power producers (IPP's).. Negotiations are being intensified with donor agencies and private companies on all these.

Renewable Energy Promotion and Development

The government of The Gambia is encouraging renewable forms of energy including solar PV systems, wind energy, biomass and other renewable energy systems and technologies. The country enjoys year-round sunshine ideal for tapping solar energy for commercial and domestic purposes. There is potential to develop the wind and biomass sources. The government has established Gambia Renewable Energy Center and seeks to collaborate with interested companies, individuals, development charities, research entities for the development of renewable energy.

Service Sector & IT

At Invest Gambia, we recognise that Service Sector will always be an unprecedented part our socioeconomic building as well as the achievement of the Vision 2020. We will continue to invest in the service sector initiative to help drive the economic growth of our country.

Invest Gambia is encouraging investments and investors interested in Information and communications Technology (ICT) operations to Telecommunications in The Gambia

Tourism and Travel

Label the Smiling Coast Of Africa, The Gambia is the fastest and safest Tourism Destination of Choice. Tourism sector of the Gambia economy, accounts to approximately 17% of the country's GDP and providing employment for over 100,000 people.

Invest Gambia is encouraging and welcoming investors to this lucrative area of Toursm business in the Gambia.

Mineral Exploration & Exploitation

The following minerals have been identified in The Gambia following some mineral exploration programmes conducted with the lead participation of the Geological Department. The Government continues to monitor research findings on the possibility for more mineral deposits, especially those with higher marketing value whilst staying mindful of conservation and environmental preservation issues. There are known deposits of:

Quartz Sand - Large reserves of quartz (silica) sand, suitable for glass manufacture, have been identified in the Greater Banjul Area, notably in Abuko, Brufut, Darsilami (Western Division); Mbankam and Bakendik (North Bank Division); and Kaiaf, (Lower River Division). The Government continues to seek interested investors to exploit these deposits

Heavy Mineral Beach Sand Deposits - The raised beach sand, which is characteristic of The Gambia's coastal beaches, contain ilmenite, rutile, and zircon. The deposits were briefly mined in the past and recently the Government is keen in attracting interested investors in exploiting the deposits.

The estimated reserves of recoverable minerals yield a conservative total of about 995,000 tonnes at a 1% cut-off grade. Further investigations will be conducted to update the reserve base of these minerals.

Other minerals discovered in The Gambia, and on which significant research and development efforts are being concentrated to increase their economic and reserve value include:-

Plastic Clay, and;
Kaolinitic Clay [for use in making floor and wall tiles, sewer pipes, refractory (high temperature) bricks, etc]
Placer Minerals

Hydro Carbon Potential - The Gambia depends on imported petroleum products. The government recognises the critical need for secure and stable supply of petroleum products and the need to stabilise prices to avoid induced inflation. The government therefore welcomes potential investors and collaborators in improving storage. In regards to petroleum prospects (hydro carbon potential), The Gambia has promising prospects and the government is relentlessly collecting, updating and storing the relevant seismic data and marketing the prospects to interested oil companies and businesses. The government is committed to continue this marketing in the hope of attracting prospectors.

Liquefied Petroleum Gas (LPG) - All liquefied petroleum gas in The Gambia is imported overland from Senegal. LPG is mostly used for domestic purposes and on a limited scale for industrial purposes. Transaction costs in importing and bottling gas have resulted in large price differentials between Senegal and The Gambia. This makes gas unaffordable to most Gambians, and hence constituting a severe limitation on the promotion of the use of LPG. The government is therefore committed to seek partners in establishing gas plants or bulk storage facilities to promote its use for domestic and industrial. Another justification of the government's commitment in this area is the environmental preservation potential of LPG in place of fuel wood..