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Top Sectors to Invest in Gambia for Gambians Living in Denmark

Top Sectors to Invest in Gambia for Gambians Living in Denmark

01 May 2025


Did you know that The Gambia received $775.6 million in remittances in 2024. Living in Denmark offers Gambians a fresh start, better opportunities, and a chance to grow wealth. But sending money back home just for spending is not enough anymore. Smart Gambians are now thinking bigger, investing.

If you are living in Denmark and thinking of investing in Gambia, you’re on the right path. Let’s talk about the sectors you should look at this year.

1. Real Estate

Property is always a smart choice. In Gambia, the demand for land and houses keeps rising. According to Global Property Guide, property prices in Gambia have remained stable and attractive for investors. Many Gambians in the diaspora are buying land in places like:

  • Brufut
  • Bijilo
  • Senegambia

You can build rental homes, sell later for profit, or even set up small guesthouses for tourists.
Starting small is fine; even one plot can make a difference.

2. Agriculture

Gambia's economy depends heavily on farming. Investing in agriculture means tapping into a huge local market. Popular areas to invest include:

  • Groundnut farming
  • Vegetable gardens
  • Poultry farming

You don’t even have to be in Gambia full-time. Many Gambians living abroad hire managers or family members to look after their farms. Plus, with the rising demand for organic foods, you can even sell products to hotels and supermarkets.

3. Tourism and Hospitality

Gambia is called the "Smiling Coast of Africa" for a reason. Every year, thousands of tourists visit its beaches, markets, and parks. Investing in small hotels, lodges, or travel services can be very profitable. Even simple ventures like tour guiding or local food restaurants near tourist spots can earn good money. The government is also supporting tourism, making it a growing sector for smart investors.

4. Transportation

As cities grow, the need for transportation rises. Many Gambians are investing in:

  • Taxis
  • Car rentals
  • Delivery services

You can buy a few vehicles and rent them out or partner with local drivers. With the rise of mobile apps, even small delivery companies are booming in Gambia’s busy towns. Starting with just one car can lead to a full fleet if managed well.

5. Retail and Wholesale Business

Shops, supermarkets, and wholesale stores are a daily need. People buy clothes, electronics, food items, and household goods every day. Gambians living abroad often send money to start:

  • Grocery shops
  • Boutiques
  • Building material shops

The key is choosing the right location, busy areas with high foot traffic.

Why Invest Now?

The Gambian economy is slowly but surely growing. New businesses are opening, tourism is bouncing back, and real estate demand is increasing. If you start investing now, you get ahead while prices are still low. In a few years, your investments could double or triple in value.

How to Start Investing from Denmark

You don't have to travel back immediately to start. Here’s how you can start:

  • Send money securely through trusted services like ACE Money Transfer.
  • Partner with family or trusted managers.
  • Do research online about the market.
  • Visit at least once a year if possible.
  • Start small, test the market, then expand.

ACE Money Transfer makes it easy to send money online from Denmark to Gambia quickly and safely. Their service is reliable, and they have a strong 4.8+ rating on Trustpilot.

Smart Tips for Gambian Investors

  • Always write proper contracts when partnering with someone.
  • Track your money. Don't just send — stay involved.
  • Focus on sectors you understand or are willing to learn about.
  • Think long-term. Good investments take time to grow.
  • Use mobile transfers to send investment funds safely and fast.

For detailed information on The Gambia's investment environment, refer to the 2024 Investment Climate Statement

Final Words 

Investing back home is more than just building wealth. It’s a way to support family, grow the local economy, and secure your future. Whether it's real estate, farming, tourism, or transport, 2025 could be your best year to start.Stay smart, stay informed, and use trusted platforms like ACE Money Transfer to send money from Denmark to Gambia. Your investment today could build your success tomorrow!

FAQs

What is the safest way to send money for investment to Gambia?

The safest way is through regulated services like ACE Money Transfer, which offer secure online money transfers.

Can I invest in Gambia without living there full-time?

Yes, many Gambians hire managers or family members to run their businesses while they live abroad.

Is now a good time to invest in real estate in Gambia?

Yes. Property prices are still affordable compared to many African countries, and demand is growing.

How much money do I need to start a small business in Gambia?

You can start small businesses with as little as €1,000 to €5,000, depending on the type of business.

Are mobile money services safe for transferring large amounts?

Yes. Trusted services like ACE Money Transfer use strong security systems to protect your money transfers.


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