Foreign Investments in The Gambia

Foreign Investments in The Gambia

LIST OF RECENT FOREIGN INVESTMENTS OF MORE THAN $0.5 MILLION:

Name of Company	Country	Investment ($ millions)
(as of end June 2007)
West African Resort and Casino	US / Gambia	3.00
West Africa Cattle Company	US	1.00
Brufut Sheraton Hotel	Kuwait	12.00
West African Aquaculture	Sweden	4.40
International Commercial Bank	Malaysia	2.58
Africell	Lebanon	21.1
Africa Production Company	Libya	0.83
Jerma Hotel	Libya	3.50
Gam-Petroleum Storage Depot	Lebanon / Gambia	5.00
Gambia Agric. Marketing Co.	Nigeria / Gambia	13.00
Brufut Sheraton Hotel	Kuwait	12.00
Gamwater Company Ltd	Gambia	1.40
Access Bank (Gambia) Ltd	Nigeria / Gambia	2.00
T & C Transportation Services	Gambian	0.50
Al Amana Company Ltd	Libya	1.80
GamPalm	Gambia / Senegal	3.10
Atlantic Seafood	Netherlands	0.76
Walo Development Enterprises	Gambia / UK	1.90
Knitswear	Belgium / Gambia	0.94
Carnegie Corporation Ltd	Australia	2.50
Comfort Quality Services	Gambian	1.30
Zam Zam Company Hotel	Libyan	2.00
Liptis International Co. Ltd	Libyan	2.00
Kafuta Fresh Produce Limited	Kuwait	1.27
Mecalite Ltd	Gambia	1.00
Golden Beach Hotel	Gambia	1.00
Africa Production Company Ltd	Libya	0.83
Fine Beverage Company Limited	Gambia	1.50
Cosmos Industrial Company Ltd.	China	1.70
African Safari Company	Libya	1.00
Fazan Fishing Company Ltd	Libya	1.14
West African Pearl	China / Gambia	4.60
Quantum Net	Gambia	1.50
Salam Company Limited	Gambia	1.00
Swami India International Ltd.	India	0.63
Moukhtara Holding Company Ltd	Gambia / Denmark	5.13
Global Electrical Group Ltd.	Lebanon / Gambia	8.10
Gamveg	Nigeria/UK/Gambia	3.67
Reliance Financial Services	Gambia	1.95
Nice Gambia Ltd	Netherlands	10.31
Hanes Company Ltd	Taiwan	0.91
Universal Business Group Ltd.	Turkey / Gambia	3.01
Comium	Lebanon	19.00
African Production Fishing Co.	Libya	1.64
Unique Solutions	Gambia	2.04
Radville Farms Ltd.	UK / Gambia	1.88
Basma Industrial Ltd.	Gambia	1.30
Royal Enterprise Ltd.	India	1.50
Jama-ak-Salam Foam	Gambia	0.50
Fine Water Company Ltd.	Gambia	2.41
Kombo Farms Company Ltd.	Gambia	1.53
EcoBank	ECOWAS	3.00
Sandele Eco-Retreat	UK	1.50
AHS Holding Ltd.	China	0.67
A & A Industries Ltd.v	Pakistan	1.54
Takaful Gambia Ltd.	Gambia	3.00
Zygot Oil Company Ltd.	Gambia	0.51
Rue Chicken Ltd.	Gambia	0.80
Womy Gambia Ltd	Gambia	1.88

Source: The Gambia Investment Promotion and Free Zones Agency (GIPFZA)
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Mobile Phones In Gambia

Nice talking to you ... mobile phone use passes milestone reports the Guardian newspaper in the UK.

A UN report reveals that half the globe now pays to use one and Africa is the continent with the fastest growth, where penetration has soared from just one in 50 people at the turn of the century to 28%.

The report points to the Gambia, where mobile subscriptions have rocketed amid stiff competition among mobile operators. Out of almost a million telephone subscribers, there are more than 800,000 mobile subscriptions but only about 50,000 fixed telephone lines in service.
Developing countries now account for about two-thirds of the mobile phones in use, compared with less than half of subscriptions in 2002.

The Legal Capacity Building Programme Phase II (LCBP II)

The Legal Capacity Building Programme Phase II (LCBP II) is funded by the UK Department for International Development (DFID). The objective of DFID’s support is to ensure that the Gambian legal system is strengthened through the introduction of incremental reforms that will improve efficiency and effectiveness, and will better ensure access to justice for the poor.

LCBP II is providing support to three main beneficiary institutions – the Judiciary, Department of State for Justice and the Gambian Bar Association – and the other actors in the sector such as the police prosecutors. LCBP ll will continue to develop the processes begun in phase l (2004-2007).

It will support DFID’s overall policy aims in the Gambia focusing on promoting human rights and participatory processes, and achieving better performance against the international development targets through the PRSP frame work.

If you wish to contact the LCBP II project office, please call +220 422 3477.