A new investment company created by one of the country’s most successful entrepreneurs and businessmen has laid down an ambitious plan in a new company to create 300,000 jobs for Gambians and 1000 Millionaires within five years.
UK-based Gambian Business Magnate Almamo Fatty’s global company headquartered in the UK is registered in the Gambia as it rolls out a dedicated local outreach to raise funds within the country and Diaspora to create and manage wealth for Gambians, helping ambitious change-makers to define the future.
“Fatty Capital is looking to raise funds from across 30 countries; we work alongside our clients as one team with a shared ambition to achieve extraordinary results, outperform the competition, and redefine industries. We complement our tailored, integrated expertise with a vibrant ecosystem of digital innovators to deliver better, faster, and more enduring outcomes, better, safer, and profitable investments,” Fatty told Alkamba Times.
“Our 5-year commitment is to invest more than $100 million in various businesses and services around the world and mainly Gambia to bring our talents, expertise, and insight to organizations tackling today’s urgent challenges in the financial sector, housing, insurance, Fintech and e-commerce, entertainment, education, racial and tribal equity, social justice, economic development and empowerment, agriculture and agro related businesses and the environment for the people of The Gambia and for the Gambians at large,” the ambitious businessman said.
“We have an ambitious plan to create over 300,000 jobs for Gambians in Gambia and worldwide. In return, we will create wealth for Gambians through their investments, giving us 1000 new millionaires. Our investment portfolios vary with lowered share purchases at just £1000 per share in various companies based on issued shares to give equal opportunities to all.”
He added: ” Our 25-year plan looks at other sectors of engineering, road and bridge construction, oil and gas, agriculture, poultry, fertilizer, telecommunication, and infrastructural projects both at municipal councils and national level creating endless investment opportunities for Gambians. Our vision is to float most of these companies in the money markets to allow people to cash on their investments as the Central Bank of the Gambia is working on launching our money market soon.”
Asked what inspired him to embark on this life-changing mission, Fatty said: ” I have been living in the Diaspora for a long time now, nearing 20 years in September, and it’s very disheartening the amount of money these hard-working Gambians lost with their aims to invest in our country that is mostly mismanage by close friends and families and due to the nature of our society and the close blood ties, most of the people have to accept their faith of loosing most of there hard earned cash and its very unfair. I saw with my companies the Billion of Dalasis that Gambians send yearly through my company.”
“Gambians deserve the best. It’s not easy living in Europe, it comes with lots of challenges and expectations, and these people are denying themselves everything because they want the bests for their families. Those pains of the majority of the people are what motivates me to now give them a better-structured platform that is safer, secured, and profitable where they can invest their monies not just in one company but can spread their risks into many different business investment portfolios as we all know there is some element of risks in every aspect of our lives, especially investments but at least they can be more comfortable that its reasonable to know that their monies are going where they intend to invest. Also, some opportunities require huge investments. These allow Gambians to create industries that can be big and employ thousands of people rather than hundreds; otherwise, it’s unrealistic that we can create that huge amount of employment opportunities, as per vision. Let’s look at Nigeria and even our neighbors. We live in a small country, and only collective efforts can yield the results every Gambia is yearning for, and that’s what inspired this life-changing mission.”
Fatty capital is the first of its kind in the Gambia, and the man behind it believes Gambians deserve better.
“It is indeed the first kind In the Gambia, which makes it unique. I intend to create equal opportunities for all Gambians so that we can all be rich, not keep the wealth in the hands of the few. So let’s get all our funds together, and then we can create wealth for the masses.”
“Our services are designed to create and manage wealth for our clients and create economic empowerment in the Gambia. We help you see the world differently, discover opportunities you may never have imagined, and achieve results that bridge what is with what can be and help create new millionaires who can take our country to another level. More millionaires mean more jobs and there for services, and that will boost our economy. We want to work with ambitious clients who want to define the future and make meaningful changes in The Gambia.”
He said: “We want business leaders and politicians to come to us to solve industry-defining challenges in strategy, marketing, organization, operations, information technology, digital transformation and strategy, advanced analytics, transformations, sustainability, governance, corporate finance, and mergers and acquisitions, across all industries and the seven geographical regions of the Gambia. Our unique approach to improve management year-round helps structure, orchestrate and enable sustained results. We measure our success by the success of our clients.”
“We have some good portfolios that Gambians can now invest in. These range from long-term to medium and short-term, but our goal is to create wealth for our clients, and therefore, our emphasis is always on long-term investments that can be mixed with some short – medium investments. Our hottest portfolios to invest in today are; The islamic digital insurance that a lot of people have already invested and people are investing, and we are raising the investment from now until the end of May 2023. These are lifetime investments for the life of the company. We also have a portfolio of Taxi and Booking apps for investment and e-commerce from Turkey.”
“Short to Medium term investments available are; Supersonicz money transfer at £1000 per share and Wisebanq, which is our EMI digital bank in Europe for £1000 per share and expect to exit within 2-3 years and cash the investments. Other short-term investments are our real estate portfolio for UK and Gambia.”
