The collapse of Thomas Cook Group Plc is jeopardizing the efforts by one of Africa’s smallest countries to revive its fortunes after the end of a dictator’s two-decade rule. Gambia, a $1-billion West African economy surrounded by Senegal aside from its access to the Atlantic Ocean, depends on tourism for nearly a third of its gross domestic product. Thomas Cook typically flew in 45% of tourists that visited its white-sand beaches during the six-month peak season, according to official data.
The company, which filed for liquidation in the UK on Sept. 23, had operations in Gambia for more than two decades.
