Investment firm 4Stone Capital has announced plans to expand into The Gambia, recognizing the country’s growing potential in real estate and tourism.
Speaking at a press briefing attended by key stakeholders in Africa’s property market, 4Stone Capital’s Managing Director, Dr. Elizabeth Kings-Wali, emphasized the company’s strategic interest in The Gambia. She noted that while Nigeria remains a major focus, expansion into other African nations is part of their broader vision.
“This is not just about expanding across Nigeria’s 36 states. We are looking beyond, and The Gambia is a great starting point,” Kings-Wali stated.
She highlighted The Gambia’s appeal as a tourist destination, surrounded by water and known for its beaches. The company plans to invest in real estate, particularly vacation homes, to cater to travelers and investors.
Having established a presence in Nigeria’s real estate sector, Kings-Wali noted that 4Stone Capital is now diversifying into the global market, with The Gambia as a key entry point. She also mentioned that the company facilitates sector-based citizenship opportunities, adding value to its investment offerings.
Despite economic challenges in Nigeria, Kings-Wali expressed confidence in upcoming policy changes that could improve market stability by the end of the year.
Nyillan Fye, Business Development and Corporate Relations Manager at Global Properties, a firm operating in The Gambia and Senegal, encouraged Nigerians to explore property investments in The Gambia. She described the country as a small but promising market with high returns.
“We are inviting Nigerians to visit, invest, and even use The Gambia as a getaway. A one-bedroom apartment can generate up to $10,000 a year in rental income, making it a solid investment,” she explained.
Fye emphasized The Gambia’s strong infrastructure, security, and welcoming environment, adding that her firm has been actively promoting the country’s real estate sector to global investors.
With 4Stone Capital’s planned expansion, The Gambia could see increased foreign investment, further boosting its real estate and tourism industries.
