Gambia: Investors have started reclaiming their businesses

Gambia: Investors have started reclaiming their businesses

Investors have started submitting their documents to the Gambia’s government to reclaim their businesses.

Gambian authorities on Thursday urged businesses that were hijacked by the former regime to show prove of ownership to take back their companies.

Barrow has promised to revive the economy, which was left nearly insolvent by erstwhile President Yahya Jammeh.

Jammeh had absolute control over businesses. The longtime ruler forcefully had shares in major companies, did a hostile take over of many and forced dozens to leave during his 22-year rule.

President Adama Barrow, who defeated Jammeh in the polls is a businessman himself with interest in real estate. He has promised to revive the economy and restore confidence in the business sector.

Returning businesses to their rightful owners is the first step to fulfilling one of his major campaign promises to take the Gambia from just an exporter of peanut to a diverse manufacturing nation.

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