• Economy
• EU-Africa Chambers of Commerce
• Gambia

EUROPEAN AFRICAN CHAMBER OF COMMERCE PROMISES TO SUPPORT GAMBIA’S ECONOMIC DEVELOPMENT

• 

  CapitalTimesNews / 2 weeks
• 0
• 2 min read

The European African Chamber of Commerce and Industries (EACCI) has promised to offer funding investment, equipment supply, and technical assistance to Gambia to fast-track its national economic development. Director General of EACCI, Amb. Dr. Kingsley Obasohan, made the promise when he received a delegation from Gambia led by the Mayor of Brikama Area Council, West Coast Region, Mr. Yankuba Darboe. Obasohan described Africa as richly blessed in human and natural resources and said EACCI, along with its funding and implementation partners, has been enhancing trade and investment between Europe and Africa for national economic growth. “European African Chamber of Commerce and Industries is an assemblage of Chambers of Commerce covering 98 countries, including 44 European countries and the 54 countries in Africa,” he stated. The EACCI boss stressed the need for African countries to put in place policies that would fast-track economic development on the continent. He also highlighted the disparity in trade volumes between Europe and Africa, with Europe’s trade with Africa worth over 187 billion Euros, while Africa’s trade with Europe is less than 40 billion Euros. Obasohan said EACCI’s aim is to enhance trade between Europe and Africa by supporting businesses, Small and Medium Enterprises (SMEs), and focusing on areas such as oil and gas, healthcare, manufacturing, renewable energy, culture, and tourism. “We major in about 12 to 13 areas, including oil and gas, healthcare, manufacturing, renewable energy, culture and tourism, education and internships, diaspora engagement, hospitality, earth minerals assert, human capacity development, women empowerment, agriculture, and food processing,” he added. The Mayor of Brikama Area Council, Mr. Yankuba Darboe, commended EACCI for its efforts in improving trade between Europe and Africa. He said the delegation was in the office of EACCI to seek ways for support and collaboration in areas such as entrepreneurship development, agriculture, culture, and economic development. Darboe solicited technical assistance from the Chamber towards realizing Gambia’s economic objectives.