Doing business in Gambia
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In your own words, along with research, provide information about Gambia's customs, holidays, ethnic origins, religion, culture and historical background in the context of doing business in Gambia.
Question: In your opinion, would location of Gambia become unfavorable for all businesses? What about food or medical supplies? Or electricity generation from solar power? Water supply? Water purification? Tourism?
In many developing countries, are companies able to seek payments from various international aid agencies. Also, will institutions such as the World Bank or even the IMF lend funds to countries such as Gambia to build an infrastructure and roads among other necessities?
Would Gambia be high political risk and development terms to dismiss all terms of business activities with the country? Is risk high enough for a business if the rewards are also have high potential to balance the risks?
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STEP 1
In your own words, along with research, provide information about Gambia's customs, holidays, ethnic origins, religion, culture and historical background.
? There is a multitude of ethnic groups that simultaneously co-exist in Gambia, each having its own language and ceremonies. The tribes by way of size are Mandinka, Fula, Wolof, Jola and Serahule. The main religion is Islam, which accounts for 90% of the population followed by Christianity that accounts for the rest. Thus the holidays pertain to both the religions. Even though about two third Gambians still live in villages, the movement towards urban areas is very marked. The emphasis is on extended family, and indigenous forms of dress and celebration. Historical records date back to the 9th century AD when Tekur on the Senegal established trade and religious contacts with Arabs. In 1588, the Portuguese sold the trading rights to the English Merchants. During the seventeenth and eighteenth century England and France battled for this region and were exploited for slavery. It is only after the Second World War that reform ensued and the first elections were held in Gambia and right to self-government granted in 1963. After that Gambia has faced a number of abortive military coups till in 1994, President Jawara was overthrown. Democracy was restored in 2001.
STEP 2
In your opinion, would location of Gambia become unfavorable for all businesses? What about food or medical supplies? Or electricity generation from ...
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