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Trade and Investment

Country Profile

The Gambia is a small country located in sub-Saharan Africa along the West Coast. It is bounded by Senegal to the North, South and East, and the Atlantic Ocean to the West. It is a narrow strip of land not more than 500km from East to West and less than 40km from North to South all along the length of the country. A river runs through the entire length of the country, the River Gambia. The total area of The Gambia is 11,300 sq. km. The population of The Gambia is 2,468,569 (2023 est.)

The Gambia’s Comparative Advantage

  • One of the safest countries in Africa.
  • The “melting pot” of West Africa, The Gambia’s eight different ethnic groups live peacefully among one another, where Islam sits peacefully with Christianity in mutual respect and dignity.

cheap labour force, helping lower operational cost

  • Abundant semi-skilled and unskilled labour force.
  • Average wages at US$1.25 – US$2.50 a day (unskilled), which is substantially lower than many West African countries.

 

investors profit from a liberal, market-based economy

  • Sustained fiscal and monetary discipline.
  • Flexible exchange rates.
  • Reliable laws.

easy for business operations

  • English is the country’s official language and most commonly spoken language in the business arena.
  • Schooling all in English, providing an English-speaking labour force.
  • Closest English-speaking African country to Europe.

easier than ever to start a business and access other West African economies

  • Starting a business is significantly less complicated when compared to other Sub-Saharan African countries. Significant improvements in cross-border trading.

The Gambia benefits from unrivalled access to a large and growing market:

  • West Africa

The Gambia’s membership to the Economic Community of West African States (ECOWAS) trading bloc ensures easy market access to over 300 million people

  • International Markets
  1. Well-functioning customs and port services.
  2. Low import duties with duty waiver incentive scheme for GIEPA SIC and EPZL holders.
  3. Simplified administrative and business registration and custom procedures.

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