Albayrak

Albayrak

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Albayrak is a Turkish investment company involved in port operations, specifically working under a concession agreement to manage the Banjul Port in The Gambia. The company has recently been in the news due to concerns over its application for a loan from Zenith Bank PLC, which raised questions about the potential use of the port as collateral, prompting clarifications from the Gambian Port Authority to reassure the public that the port remains government property.

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Albayrak, on the other hand, still needs to carry out geotechnical investigations at the proposed port site.

Deep sea port deal under review as delays hit Sanyang project
The Point (Gambia)·GambiaGambia· 2026-02-10
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Jobarteh
Jobarteh

Albayrak's loan application is being processed independently and cannot use the port as collateral.

MD Jobarteh rubbishes claims of mortgaging Banjul Port
The Point (Gambia)·GambiaGambia· 2025-10-22
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Md Jobarteh
Md Jobarteh