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SIFAX Moves To Build Dry Port In Gambia

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Leadership Nigeria News Today

The management of SIFAX Group said that its desire to contribute to the development of the Gambia economy was the reason why it was building a dry port in Banjui, the country’s state capital.

Executive vice chairman of the Group, Dr. Taiwo Afolabi, who explained the rationale behind the organisation’s proposed investment in Gambia, reiterated that the desire to contribute meaningfully to the rebuilding of the country’s economy was responsible for the inroad being made into the West African country.

The Group had in August signed a memorandum of understanding (MOU) with the government of Gambia to build and operate a dry port in the country’s capital, Banjul.

But Afolabi, in a statement made available to LEADERSHIP by the corporate affairs manager, Muyiwa Akande, during a courtesy visit and facility inspection tour of Ports & Cargo Handling Services Limited, by Mrs. Rohey Malick Lowe, first female mayor of Banjul, the capital over the weekend said the Gambia was just emerging into a new dawn and deserves all the support it could get.

He said, “Gambia has a new leadership who is willing to open up the country for foreign investment so the economy could be developed. I believe so much in the economic growth and development of the continent by Africans. Africans should be a major stakeholder in the economic transformation of Africa. The new president has also promised an enabling environment that is conducive and inviting.

“Aside, before we ventured into this, I personally embarked on a research to find out about the country. Of all the African countries we have visited to do business recently, The Gambia offers a unique business proposition that seeks to keep investors business running with good returns on investments.

“We want to replicate the successes of our business models here in Gambia too. Our 30 years’ experience in the maritime industry will be very useful in building the economy of Gambia.”

In her response, Rohey Malick Lowe, the visiting mayor commended Ports & Cargo Handling Services for its giant strides in the Nigeria’s maritime sector.

Lowe, who was obviously impressed by the state-of-the-art facilities at the terminal, urged the company to bring same positive effect to her country.

“So many critics back in Gambia are skeptical of SIFAX Group’s capacity to handle the job, but with what I have seen today, there is no doubt that the company can successfully transform our economy. I am going back to Gambia to propagate the gospel of SIFAX Group brand back home,” she said.



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