Gambia News
Business and personal finance related news about Gambia. This section focuses on news about Gambian economy, small business and personal finance.
The Gambian migrants contribute 22% of GDP in 2016 according to a recent report released by the International Fund for Agricultural Development (IFAD) June 2017. The report also confirms Gambia as the 2nd country in Africa that relies on remittance for GDP, just below Liberia (31%). Africa has 33 million migrants, with about one half remaining […]
Gambia Relies on Migrants’ Remittances for 22% of GDP – IFAD reports Read More »
France’s Bollore Group has submitted an offer to develop Gambia’s main port as part of a deal worth hundreds of millions of dollars, three sources familiar with the matter said, as competition for contracts heats up after a change in government. The Banjul port at the mouth of the Gambia River – a key transport
France Bollore pitches for revamp of Gambia’s Port Read More »
The Public Affairs Section (PAS) of U.S. Embassy Banjul is pleased to announce that funding is available through the Embassy’s Public Diplomacy Grants Program. This is an Annual Program Statement outlining our funding priorities, strategic themes, and procedures for submitting requests for funding. The purpose of Public Diplomacy Grants: Embassy Public Diplomacy (PD) grants are
U.S. Embassy The Gambia $25,000 Grants Program Read More »
The Islamic Corporation for the Development of the Private Sector (“ICD”) (ICD-PS.org), the private sector arm of IDB Group, and Arab Gambian Islamic Bank Ltd (AGIB.gm) have entered into a Joint Strategic Collaboration to finance private sector entities in The Gambia. On behalf of the CEO of ICD, Mr Khaled Al Aboodi, Mr. Mohammed Alammari,
ICD Extends $5 Million Line of Finance Facility to AGIB-Gambia Read More »
The Monetary Policy Committee (MPC) met on May 8, 2017, to assess domestic and international macroeconomic and financial developments, the outlook for the second half of 2017 and decide on the stance of monetary policy. Below are the summary and extracts from the press release. The Domestic Economy Real GDP The domestic economic activity was
Gambia Monetary Policy Committee (MPC) – May 2017 Minutes Read More »
For the first time in 4 years, Gambia government borrows at a single digit rate. On Wednesday 5th April 2017, just a day before the parliamentary election, the yield on the 91-day of the Gambia government treasury bills fell to its lowest level within the last four years. A new 9.32%, as per Central Bank
Gambia Treasury Bills Rate Drops Record Low in 4 years. Read More »
IMF Visit Gambia IMF staff teams convey preliminary findings after a visit to the Gambia 30 Mar to 12 Apr 2017. The mission assessed the impact of exogenous shocks that have hit the Gambian economy recently and initiated discussions on providing IMF support through a Rapid Credit Facility (RCF). Economic growth in 2016 is now
IMF visit Gambia – Significant economic challenges lie ahead Read More »
Banjul, Gambia – March 2017 Guaranty Trust Bank Gambia Ltd, a subsidiary of foremost African Banking Group, Guaranty Trust Bank Plc, is celebrating its 15 years anniversary in the Republic of The Gambia. Established on March 5th, 2002 with the aim of serving the individual and corporate financial needs of Gambians, GTBank Gambia has grown
GTBank Gambia Marks 15 Years Anniversary Read More »
Modou NS Njie of Farm Fresh has been selected to compete at the AgriPreneur International Championship in South Africa from 10 – 15 March 2017 during the Global Entrepreneurship Congress. The New Gambia and indeed all Gambians should be proud of this breakthrough achievement on our journey of entrepreneurship and innovation said Abdoulie M Touray, the Global
Gambia’s Farm Fresh to Compete at the AgriPreneur International Championship Read More »
EU and ITC launch The Gambia Youth Empowerment Project to boost job creation and support long-term economic sustainability for the Gambia. On Thursday 9 February, the European Union, the International Trade Centre (ITC) and the Government of the Gambia have launched a new initiative to support job creation and entrepreneurship for Gambian youth. The Gambia
EU and ITC launch The Gambia Youth Empowerment Project Read More »
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