Business in the Gambia

The objectives of the subject “International Trade and Business in the Gambia” are the following:

1. To analyze the Gambian Economy and Global Trade
2. To know the business opportunities in the Gambia
3. To explore the Gambian trade relations with the country of the student
4. To know the Gambian Trade Agreements
5. To develop a business plan for the Gambian Market

The Subject “Foreign Trade and Business in the Gambia” belongs to the following Online Programs taught by EENI Global Business School:

Doctorate: African Business, World Trade.

Business in West Africa.

Masters: Business in Africa, International Business, Foreign Trade.

Languages: or Gambie Gambia Gambia.

1. Credits of the subject “Doing Business in The Gambia”: 1
2. Duration: one week

Area of Knowledge: Africa.

1. Access to the Port of Dakar
2. Dakar-Gambia-Lagos Corridor

Gambian Preferential Access and Trade Agreements:

1. Gambia and the West African Economic Area
2. West African Monetary Zone (WAMZ)
3. African Continental Free-Trade Area
4. Economic Community of West African States (ECOWAS)
5. Community of Sahel-Saharan States (CEN-SAD)
6. EU-Gambia:
   1. GSP
   2. Africa-EU Partnership
7. AGOA
8. Islamic Trade Preferential System

1. WTO
   1. GATS
   2. Agreement on Sanitary Measures
   3. Agreement on Technical Barriers to Trade
   4. Agreement on Preshipment Inspection
   5. Agreement on Safeguards
   6. Trade Facilitation Agreement
2. WCO
   1. Kyoto Convention
3. Hamburg Rules
4. BIC (Containers)
5. Chicago Convention (ICAO)
6. International Maritime Organization
   1. Istanbul Convention
7. ECOWAS Regional Road Transport and Transit Facilitation Programme
8. Customs Convention on Containers - not a member

1. Economic Commission for Africa
2. African Union
   1. AUDA-NEPAD
   2. African Union Convention on Preventing and Combating Corruption
   3. Africa Agriculture Development Programme
3. African Development Bank
4. Africa-Asia Partnership
5. Africa-Korea Partnership
6. China-Africa Cooperation
7. Africa-India Cooperation
8. Africa-Japan Cooperation
9. Africa-South America Summit
10. Africa-BRICS
11. Africa-Turkey Partnership

1. Afro-Arab Cooperation
2. BADEA
3. Islamic Development Bank
4. OIC

1. UN
   1. UNCTAD
   2. ITC
   3. WIPO
2. WB
3. WTO
4. IMF
5. ...

1. Area of The Gambia: 11,365 km²
2. Gambian population: 1.75 million (40% of the population between 0-14, 40% of the Gambian population is literate)
3. Borders of The Gambia: Senegal
4. Capital of The Gambia: City of Banjul
5. Largest Gambian city: Serrekunda
6. Official language of The Gambia: English and different Gambian languages (Mandinka, Wollof, Fula, Jola)
7. Currency of The Gambia: Dalasi
8. Independence of The Gambia from the UK: 1965

More information: The Gambia (EENI African Business Portal).

Main Religions in The Gambia:

1. Islam (90% of The Gambian Population)
2. African Traditional Religions
3. Christianity (8%)

Gambia belongs to the West African Economic Area.

The Gambian Economy:

1. The Gambia is a Market-based Economy
2. Continued growth rate of 5-6% in the past six years
3. Gambian services sector: 58% of the Gambian GDP
4. Fasting Gambian growing sector: tourism (16% of the GDP)
5. Gambian agricultural sector: 22% of the GDP.
   1. 80% of the labour force
6. Vision of the Government: “to become an export-oriented agricultural country”
7. Gambian Inflation: 5.7%
8. Top Gambian export markets: the EU, China, and India
9. Top export products: peanuts, fish, cotton, and palm kernels
10. Top exporter countries to the Gambia: China, Senegal, Brazil, the UK, India, and Indonesia
11. FDI stock in the Gambia: 675 million dollars
12. Main Gambian port: Port of Banjul
13. Export promotion and Zone Investor Incentives. Tax Holiday
14. Mobile operators in the Gambia: Africell, Comium, Gamcel, and Qcel

(c) EENI Global Business School (1995-2023)
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