Djeliba Gambia (IFC-50531)

Countries
  • Gambia
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Aug 31, 2026
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Djeliba Leisure Group
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Industry and Trade
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Equity, Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 20.76 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 20.76 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ IFC website

Updated in EWS Oct 6, 2026

Disclosed by Bank Jun 22, 2026

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

 

According to bank provided information, the IFC is considering an US$11 million corporate finance package to Djeliba Leisure Group (DLG), a group comprised of four Gambian companies acting as co-borrowers - Djeliba Leisure Group Ltd, Balafon Company Ltd, EON Company Ltd, and International Tourism Investment Ltd – to support hotel expansion, refurbishment, and energy efficiency improvements. The financing comprises an IFC A-Loan and subordinated loans from International Development Association Private Sector Window Blended Finance Facility (IDA PSW BFF) and the Concessional Capital Window (CCW). Proceeds will support a US$20.76 million investment program across four beachfront hotels in The Gambia: Balafon Beach Resort; Kombo Beach Resort; TUI BLUE Tamala hotel; and Kalimba Beach Resort. Djeliba Leisure Group Ltd.

Use of financing proceeds will cover construction of new rooms and room refurbishment across the four hotels; upgrades to employee welfare facilities; and installation of a 1.8MW solar photovoltaic (PV) system with battery energy storage to supply solar power exclusively for on-site hotel operations at three hotels.

All four hotels are expected to receive EDGE certification.

IFC is expected to support DLG through i) financial management advisory to strengthen internal controls and improve financial reporting of the Group and (iii) Governance advisory to help build institutional capacity over time.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

The total Project cost of US$20.76 million, will be financed with Sponsor equity (US$9.76 million) and IFC A-Loan (US$11 million).

Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

The Group is a private limited company co-owned equally by Malleh Sallah and Omar Jawara.  

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Djeliba Leisure Group Client Industry and Trade

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

 

For Inquiries About the Project, Contact

Djeliba leisure Group
Omar Jawara
Co-CEO
+220 732 7777
Ceo@djelibagroup.com.
Djeliba leisure group, Djelibe plaza, Kololi TDA, KSMD, The Gambia.
www.djelibagroup.com

ACCESS TO INFORMATION

You can submit a request for information disclosure at: https://disclosures.ifc.org/#/inquiries

If you believe that your request for information from IFC has been unreasonably denied, or that this Policy has been interpreted incorrectly, you can submit a complaint at the link above to IFC's Access to Information Policy Advisor, who reports directly to IFC's Executive Vice President.

ACCOUNTABILITY MECHANISM OF IFC/MIGA

The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org

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How it works