Gambia Archives

Central Bank of The Gambia forex market reforms

How The Gambia Can Fix Its Forex Market: Lessons from Nigeria’s Naira Reform

A Market in the Shadows Like many developing countries, The Gambia’s foreign exchange (FX) market is under persistent pressure. Our imports continue to far exceed exports, creating chronic trade deficits. Business owners routinely complain about uncertainty in accessing hard currency to pay suppliers, while individuals face fluctuating rates from one trader to another. So, what […]

How The Gambia Can Fix Its Forex Market: Lessons from Nigeria’s Naira Reform Read More »

GCCI Elects New Board of Directors at its Annual General Meeting

Gambia, Gambia News

On 2nd September 2022, The Gambia Chamber of Commerce and Industry (GCCI) successfully concluded its Annual General Meeting (AGM) at the Sir Dawda Kairaba Jawara Conference Center. The 2022 AGM is special as it is also a year in which new Directors are elected into office. The AGM highlighted various projects and initiatives by GCCI, including the EU

GCCI Elects New Board of Directors at its Annual General Meeting Read More »

Four Possible Digital Tax Evasion in The Gambia

Analysis and Opinion, Gambia, Taxation

With the emergence of e-commerce, most individuals and businesses now use digital platforms to buy and sell products and services. The Gambia is not an exception, especially with a growing young population in the digital age. However, the Gambia Revenue Authority (GRA) has little or no means to track online business transactions for possible tax

Four Possible Digital Tax Evasion in The Gambia Read More »

The Gambian Petroleum and Energy Ministry Launches RFP for A1 Licensing Round

Gambia, Gambia News, Press Releases

The Gambia, 07 February 2022: The Ministry of Petroleum and Energy, The Gambia, has officially launched the licensing round for Block A1. The Request for Proposal (RFP) is now available for download on the Ministry of Petroleum’s (Ministry) website. Granted initially to BP in 2019, Block A1 became available in August 2021 after the company exited

The Gambian Petroleum and Energy Ministry Launches RFP for A1 Licensing Round Read More »

Gambia Secures $40 Million for an Inclusive, Resilient and Competitive Agriculture

Gambia, Gambia News, Press Releases

WASHINGTON, November 24, 2021– The World Bank Board approved $40 million from the International Development Association (IDA)* to promote the development of inclusive, resilient, and competitive agricultural value chains, with a specific focus on smallholder farmers and agribusinesses in The Gambia. The Gambia Inclusive and Resilient Agricultural Value Chain Development Project (GIRAV) will promote the development of key

Gambia Secures $40 Million for an Inclusive, Resilient and Competitive Agriculture Read More »

IMF Forecasts Gambia Economic Growth at 4.9% in 2021

Gambia, Gambia News, Press Releases

22nd September 2021 – Washington, DC A team from the International Monetary Fund (IMF), led by Mr. Ivohasina Fizara Razafimahefa, Mission Chief for The Gambia, held a virtual mission with the Gambian authorities during September 9-22, 2021 to conduct the 2021 Article IV consultation and discuss the third review of The Gambia’s economic program supported

IMF Forecasts Gambia Economic Growth at 4.9% in 2021 Read More »

5 Ways COVID-19 May Economically Impact Gambian Youths

Analysis and Opinion, Gambia

Since its declaration as a pandemic by the WHO, the COVID -19 has impacted the lives of many people around the world. One of such groups that are greatly affected by this novel virus is the youths of the Gambia. The Gambia, like most developing countries, has been struggling to control the spread of this

5 Ways COVID-19 May Economically Impact Gambian Youths Read More »

4 Ways Gambians Can Use Bitcoin in 2020

Analysis and Opinion, Gambia

Bitcoin is a digital currency that was built by an anonymous developer (or group of developers) called Satoshi Nakamoto as a more advanced alternative to traditional currencies. Over the last decade it has become increasingly popular across the globe and even in the Gambia people are using the infamous “internet money.” In this article, Alex

4 Ways Gambians Can Use Bitcoin in 2020 Read More »

USA Launches $38M Cashew Project for The Gambia, Senegal, and Guinea-Bissau.

Gambia, Gambia News, Press Releases

Ambassador Paschall highlighted the importance of creating opportunities for producers and processors to boost economic development The United States Department of Agriculture’s (USDA) Food For Progress (FFPr) Regional Cashew Value Chain Project is implementing a $38 million, six-year project in The Gambia, Senegal, and Guinea-Bissau which will enhance the regional cashew value chain to improve

USA Launches $38M Cashew Project for The Gambia, Senegal, and Guinea-Bissau. Read More »

Gambia’s Human Development Index Improves – UNDP

Gambia, Gambia News

The United Nations (UN) has released its Human Development Index (HDI) Report for 2018. The report looks at long-term trends of human development driven by changes in health, education and income, and is based on a survey of 189 countries. The overall trend globally is toward continued human development improvements, with many countries moving up

Gambia’s Human Development Index Improves – UNDP Read More »

Gambia

Sign up for our newsletters