
Stable Business Environment and Government Commitment
Stable Business Environment and Government Commitment The Gambia is one of the safest and most peaceful countries in Africa with a high degree of political stability. In the most recent Global Peace Index, it finished #5 in Sub-Saharan Africa out of 44 countries. Source The Government is also highly committed to growth of the Light Manufacturing sector and increasing exports from the country. The Gambia has a stable, market-oriented economy with a disciplined approach to fiscal and monetary issues. It also has a steady regulatory regime with flexible interest rates. The Gambia ranked 41 out of 138 for Labour Market Efficiency in the 2016-2017 Global Competitiveness Index by the World Economic Forum. Source Driven by its geographical proximity to West African countries, The Gambia offers an excellent opportunity for investors to tap into a growing market with over 300m+ potential consumers. The Gambia also provides a port with access to shipping from the Atlantic ocean and a variety of preferential trade partners. The Gambia has strong underlying fundamentals Source: GIEPA, Vision of Humanity, World Bank, UNCTAD, Looking for more information? Contact GIEPA today for help with your project.
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