Why We Are Investing In Gambia – SIFAX Group Boss

_MG_0336Dr. Taiwo Afolabi, Group Executive Vice Chairman, SIFAX Group, has explained the rationale behind SIFAX Group’s proposed investment in Gambia. He noted that the desire to contribute meaningfully to the rebuilding of the country’s economy was responsible for the inroad being made into the West African country.
The SIFAX Group boss made this known during the courtesy visit and facility inspection tour of Ports & Cargo Handling Services Limited, one of the subsidiaries of the company by Mrs. RoheyMalick Lowe, first female Mayor of Banjul, the capital of Gambia recently. Lowe’s visit is part of the build-up to the SIFAX Group’s multi-million dollar investment in The Gambia.
According to Afolabi, the country is just emerging into a new dawn and deserves all the support it could get. He said: “Gambia has a new leadership who is willing to open up the country for foreign investment so the economy could be developed. I believe so much in the economic growth and development of the continent by Africans. Africans should be a major stakeholder in the economic transformation of Africa. The new president has also promised an enabling environment that is conducive and inviting.

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“Aside, before we ventured into this, I personally embarked on a research to find out about the country. Of all the African countries we have visited to do business recently, The Gambia offers a unique business proposition that seeks to keep investors business running with good returns on investments.
“We want to replicate the successes of our business models here in Gambia too. Our 30 years’ experience in the maritime industry will be very useful in building the economy of Gambia. Our promise is that the country’s economy will feel our impact as we don’t intend to limit our interventions to the maritime sector alone. We have identified other key areas we will be willing to invest in the nearest future.”
In her response, Rohey Malick Lowe, the visiting Mayor commended Ports & Cargo Handling Services for its giant strides in the Nigeria’s maritime sector.


Lowe, who was obviously impressed by the state-of-the-art facilities at the terminal, urged the company to bring same positive effect to her country. “I must commend Ports & Cargo for a job well done. I am very impressed. So many critics back in Gambia are skeptical of SIFAX Group’s capacity to handle the job, but with what I have seen today, there is no doubt that the company can successfully transform our economy. I am going back to Gambia to propagate the gospel of SIFAX Group brand back home,” she said.
Lowe thanked Dr. Taiwo Afolabi, who conducted her round the terminal, and management team for the opportunity and said the tour has added to her wealth of knowledge.

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SIFAX Group has paid financial compensation to the family of Mr. ThankGod Ojomah, who died as a result of an accident involving one of the company’s haulage trucks.

The wife of the deceased, Mrs. Edna Nathaniel-Ojomah, his immediate younger brother, Jonah Ojomah, officials of the Maritime Workers Union of Nigeria (MWUN) and SIFAX Group attended the event.

Dr. Fola Rogers–Saliu, Executive Director, HR & Admin, SIFAX Group, commiserated with the family over the loss, adding that no financial package can adequately compensate for the untimely death of a breadwinner. She prayed for the repose of the deceased’s soul while further charging the wife to judiciously invest the money for the benefit of her children.

She said: “We are deeply saddened by the death of the deceased. Our boss, Dr. Taiwo Afolabi was very shocked when the news was broken to him. He gave us the mandate to provide support and succor to the family. That’s why we were able to support the family financially during the burial and today, we are paying compensation.

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“This compensation is not for the life lost because no amount of money, no matter how huge, can pay for life. It’s a way of supporting the dependants of the deceased.”

Rogers-Saliu, who represented Dr. Taiwo Afolabi, said the company would also explore any feasible means of providing more support for the family.

On his part, the President, Dockworkers branch of the Maritime Workers Union of Nigeria (MWUN). Mr. Tajudeen Ohize, lauded SIFAX Group for its maturity and concern during the negotiation with the union. He noted that the union led the negotiation with SIFAX Group due to its commitment to the welfare of all its members, including the families of the departed ones.

After receiving the payment, Mrs. Edna Nathaniel-Ojonah thanked the management of SIFAX Group and praised the commitment of the workers union for coming to their aid after her husband’s demise. She promised to use the compensation very well in order to secure the future of her children.

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