European investors arrive in Gambia

A strong delegation of foreign investors arrived in Banjul this Monday morning on a short visit. The group, comprising former top professional sportsmen, high profiled business gurus mainly from Europe, is guest of NORGA International Holding Company, a Gambian registered company.

During their stay, the visitors will hold talks with Gambian officials including those at the Ministries of Finance, Youth and Sports, among others, as well Gambia Football Federation (GFF).

Commenting on the visit of the group, Ba Jabbi, the CEO of NORGA, said, “We are convinced beyond all doubt that the development oriented leadership of this country has created a very friendly environment for foreign investors. This was the main reason we did not hesitate to invite these investors to the country to meet the relevant and competent authorities. The investors, numbering 17, will include some famous sportsmen and they have communicated their desire to look into certain sectors of the economy.”

According to him, Mamadi Cessay, marketing director of NORGA, through their international liaison office in Norway, NORGA has finally been able to convince friends, business partners and other investors to visit The Republic of the Gambia to prospect investment opportunities. “This, we think is in line with our overall corporate social responsibility and our great love for the development of the motherland,” Jabbi said.

He went on: “Since its formation, NORGA (Norway Gambia) International Holding Company Ltd has been able to also seek assistance from various football loving persons in Norway for football materials for the youth and sports of The Gambia. Already, all the seven regions of The Gambia will soon be provided with 10 sets of jerseys and three FIFA recommended balls”.

At Brufut NORGA has been able to secure, through its international partners, funding for a D21M stadium project to be fitted with an artificial turf materials for which has already arrived.

This is not the first time NORGA is getting involved in sports. It was the company that sponsored entirely the FA cup final last year. The national youth conference and festival of last year also received some financial help from the company.

“We were also keen to promote our traditional wrestling and long distance runs. This was manifested when we assisted both the Brufut Marathon, the July 22nd Marathon and a wrestling competition in Serekunda West, all in 2014,’’ said Louis Andrew Mendy, Operations director.