Gambia News

Gambia News
Business and personal finance related news about Gambia. This section focuses on news about Gambian economy, small business and personal finance.

outsourcing tax filling

Tax Reforms in The Gambia’s 2025 National Budget

The Gambia’s 2025 national budget unveils transformative tax reforms to modernize the fiscal system, expand the tax base, and promote equity. These changes are effective from January 1, 2025. This article provides summary points on the key changes. Key Tax Reforms Withholding Taxes Expanded to cover contractors, suppliers, and consultants, with rates of 10% for […]

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Gambia along EU, EIB & WB inaugurates historic 23 MWp solar plant

Gambia, 22 March 2024 Gambia: strong international support for a new era of renewables with the inauguration of a historic 23 MWp solar plant A significant strategic project with strong substantial economic and social impacts, the recently inaugurated solar photovoltaic plant in Jambur is poised to supply electricity to approximately 18,500 households. This power plant

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Binance Adds Gambian Dalasi to Its P2P Platform. What does this mean?

Binance, a leading Blockchain ecosystem and Cryptocurrency infrastructure provider, has announced its support for more African currencies, including the Liberian Dollar (LRD), Sierra Leonean Leone (SLL), Gambian Dalasi (GMD), Mauritanian Ouguiya (MRO), and Cape Verdean Escudo (CVE). The move is part of Binance’s ongoing efforts to expand its product offerings and bolster its presence on

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GCCI Elects New Board of Directors at its Annual General Meeting

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

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Standard Chartered Bank intend to leave the Gambia after 128 years of Operations

Standard Chartered Plc, a major international bank has announced it intends to exit operations in The Gambia as well as Angola, Cameroon, Zimbabwe, Jordan, Lebanon, and Sierra Leone. Additionally, In Tanzania and Cote d’Ivoire, the Consumer, Private and Business Banking businesses will be exited and the focus will turn solely to Corporate, Commercial and Institutional

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

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

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world bank

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

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

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IMF Forecasts Gambia Economic Growth at 4.9% in 2021

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

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Fatou Juka Darboe Wins Runner-up of the 2021 Africa Engineering Innovation

Gambian innovator, Fatou Juka Darboe puts the country on the map in the world of engineering in the Africa Prize Engineering for Innovation (APEI) – UK Royal Academy of Engineering. She is a runner-up of the 2021 Africa Prize for Engineering innovation. Fatou Juka Darboe wins £10,000 for Make3D Medical, which uses 3D printing to create customised

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