Gambia News Archives - Page 3 of 7

Seedstars is Coming to Banjul to Find the Best Startup in The Gambia.

On the 13th of September, 2019, around ten of The Gambia’s best seed-stage startups will compete to represent the country at the Seedstars Summit and win up to USD 500,000 in equity investments and other prizes. Seedstars World, the largest startup competition for emerging markets and fast-growing startup scenes is coming to The Gambia for […]

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Gambia 2019 Budget for Revenues and Expenditures

Gambia News, Market Information

The Gambia 2019 Revenue Budget Total Revenue and Grants for 2019 is estimated at D25.3 billion (28.8 percent of GDP), a 28 percent growth from D19.8 billion (25.3 percent of the old GDP) budgeted in 2018. This is mainly due to an increase in both Domestic Revenue collections and Grant inflows compared to the budgeted

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Gambia-Current Account Deficit Grown by 98% as Import Grows – CBG

Gambia News, Press Releases

The Monetary Policy Committee (MPC) of the Central Bank of The Gambia met on Wednesday, November 28, 2018 to review recent economic developments and decide on the monetary policy rate. The following summarizes the deliberations on key economic indicators that informed the Committee’s decision. Global Economic Outlook Global economic growth remains on track, although risks

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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

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Growth in Sub-Saharan Africa Slower than Expected – World Bank

Gambia, Gambia News

WASHINGTON D.C., United States of America, October 3, 2018/APO Group Sub-Saharan African economies are still recovering from the slowdown in 2015-16, but growth is slower than expected, according to the October 2018 issue of Africa’s Pulse, the bi-annual analysis of the state of African economies by the World Bank. The average growth rate in the

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The Gambia Government Revenue and Expenditures Improves – June 2018

Gambia, Gambia News, Market Information

The recent Central Bank of The Gambia MPC report summarizes developments in key macroeconomic sectors in the Gambia. The publication also gave more details about government revenue and expenditure for the first half year 2018 compared to the correspondent period in 2017. The decision of CBG to share details fn the fiscal activities is a

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Forbes ranks the Gambia as the worst country to do business in Africa – 2018

Gambia News

Forbes has ranked the Gambia, the second worst place to do business in Africa, in front of Chad. Forbes, an American business magazine made this known in its Index of Best Countries for Business Report released on Friday. The firm surveyed a total of 153 countries. 15 different ranking factors were used, including property rights,

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Gambian MPC Maintains the Policy Rate – Aug 2018

Gambia News, Press Releases

PRESS RELEASE: MONETARY POLICY COMMITTEE The Monetary Policy Committee (MPC) of the Central Bank of The Gambia met on Wednesday, August 29, 2018, to review recent economic developments. The Committee decided on the monetary policy rate and the following summarizes the deliberations on key economic indicators that informed the Committee’s decision. Global Economic Outlook Since the

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Gambia Launches First AGRIC-TECH Crowdfunding Online Portal – MONEY FARM

Gambia News, Press Releases

01 Aug 2018 Banjul, the Gambia Innovative Minds, a new Gambian-owned technology-driven start-up firm based in The Gambia with offices on Kairaba Avenue recently launched its first product dubbed Money Farm. Money Farm is The Gambia’s first online crowdfunding platform built by Gambians based in The Gambia. The CEO of Innovative Minds, Mr Modou NS

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IMF Says Gambia’s Economic Outlook is Favourable

Gambia News, Press Releases

On June 18, 2018, the Managing Director of the International Monetary Fund completed the second review of the Staff-Monitored Program (SMP) with The Gambia. The SMP, which commenced in April 2017, was extended through September 2018 in the context of the first review in March 2018, to enable the authorities to establish a track record for

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