Import Export in the Gambia - Business & Trade Investments in West Africa
West Africa has a potential market of over 270 million consumers, and offers real business opportunities for manufacturing and exporting companies wishing to build a market share in the emerging markets of Africa.
The Gambia is blessed with a long and glorious tradition
of trade. It is strategically situated at the African end
of the Atlantic Trade Triangle, a trade route dating back
into centuries between Africa, Europe and the USA, Central and Latin America.
The Gambia has the
nearest harbour on the African continent to both Europe and the Americas and within West African countries, Banjul Port in The Gambia is unrivalled, turning around vessels much faster than the regional competition. The Port of Banjul is
also widely recognised for its safety, service reliability
and unrivalled management system and has become the port of choice for the shipping, importation and distribution of products, goods and commodities to the whole of West Africa.
The Gambia has become an important West African business centre and an ideal launch pad for trade with neighbouring West African countries Senegal, Guinea Conakry, Guinea Bissau and Mauritania. and also further afield to import and export to English speaking Ghana, Nigeria, Sierra Leone and Liberia and to French speaking Benin, Burkina Faso, Gabon, Ivory Coast, Mali, Niger,and Togo and Portuguese speaking Cape Verde.
The Port of Banjul is continuously being upgraded and modernised to meet the needs of a growing trade sector stimulated by the Gambia Trade Gateway Project.
Africa Free Trade Zones - The Gambia Trade Gateway Project
The Gambia Trade Gateway Project is aimed at establishing free trade zones
at sites around the seaport, airport and other strategic locations
around the capital city, Banjul, and designed to operate within
a tax and duty-free environment with fiscal and other incentives
accorded to investors.
A free trade zone (FTZ) or export processing zone (EPZ) is an area of a country where some normal trade barriers such as tariffs and quotas are eliminated and bureaucratic requirements are lowered to attract new business and foreign investments.
Investing inside the Gambia Free Trade Zones
The Free Zones Act in The Gambia provides the legal framework for setting
up Free Tade Zones and their efficient management. The main thrust
is to create a world-class investment climate in The Gambia
for businesses engaged in manufacturing, processing and
export oriented activities.
Activities authorized for the purpose of investing within
the Free Zones include warehousing, breaking bulk cargo, processing and manufacturing opportunities such as assembling, storing, grading, cleaning and mixing goods and products and their subsequent labelling, packaging and repackaging.
Other opportunities include telecommunication and information technology, energy, financial services and off shore services, health and veterinary services and transportation, logistics and distribution services.
Gambian Business Investments: How We Can Help?
We can advise on the following.
Raising finance, formation of companies, registration of businesses for tax, social security etc, acquisition of land, buildings and other assets, immigration, visa & work permit difficulties, employment issues, drafting standard terms and conditions of business, dealing with commercial problems, contract disputes, mediation, power of attorney, court cases, process serving, enforcement of judgments, debt collecting, taxation of the business and its shareholders..
|
|
Gambia Business Consultant
P.O. Box 1783, Banjul
2nd Street East,
Fajara "M" Section
Tel: +220 437 2522
Cell: +220 799 0419
Email: info@solielaw.gm
Skype: gambia.lawyer
Web: Solie Law Chambers
Blog: Lawyers in Gambia
Gambia Trade & Shipping
We offer consultancy services on every aspect of importing, exporting and distributing into the West African market, including supplier selection, sourcing trading partners, contract negotiation, favourable shipping terms, carrier and route selection, licensing, customs clearance, warehousing, sales and distribution, as well as any other area of concern for your company.
Business Investment Africa
Businesses in The Gambia may be registered as a company, sole proprietor, partnership, co-operative or as a Gambian branch of foreign or companies
Exports to West Africa
The Gambia has become the port of choice for the importation and distribution of products, goods and commodities to the whole of West Africa, including Benin, Burkina
Faso, Cameroon, Cape
Verde, Chad, Equatorial
Guinea, Gabon, Ghana, Guinea
Bissau, Guinea
Conakry, Ivory
Coast- Liberia, Mali, Mauritania, Nigeria, Senegal, Sierra Leone, The Gambia and Togo
Gambia Investment Promotion & Free Zones Agency
The Free Zones Act provides the legal framework for setting up Free Zones and their efficient management. The main thrust is to create a world-class investment climate in emerging market of The Gambia for businesses engaged in manufacturing, processing and export oriented activities.
|