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SIFAX Group explains choice of Gambia for investment

L-R: Saheed Lasisi,
General Manager, Business Development, SIFAX Group; John Jenkins, Group
Managing Director, SIFAX Group; Mrs. Rohey Malick Lowe, first female Mayor of
Banjul, Gambia and Dr. Taiwo Afolabi (MON), Group Executive Vice Chairman,
SIFAX Group during the courtesy visit and facility inspection tour of Ports
& Cargo Handling Services Limited one of the subsidiaries of SIFAX Group by
the Gambian Mayor recently.

Dr. Taiwo Afolabi, Group Executive Vice
Chairman, SIFAX Group, has explained the rationale behind SIFAX Group’s
proposed investment in Gambia. 
He noted 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 SIFAX Group boss made this known during
the courtesy visit and facility inspection tour of Ports & Cargo Handling
Services Limited, one of the subsidiaries of the company by Mrs. Rohey Malick
Lowe, first female Mayor of Banjul, the capital of Gambia recently.  
Lowe’s visit is part of the build up to the
SIFAX Group’s multi-million dollar investment in The Gambia.

According to Afolabi, the country is 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.

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. Our promise is that the country’s economy will feel our
impact as we don’t intend to limit our interventions to the maritime sector
alone. We have identified other key areas we will be willing to invest in the
nearest future.”

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. 

“I must commend Ports & Cargo for a job
well done. I am very impressed. 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.

Lowe thanked Dr. Taiwo Afolabi, who conducted
her round the terminal, and management team for the opportunity and said the
tour has added to her wealth of knowledge.

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