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 […]
Growth in Sub-Saharan Africa Slower than Expected – World Bank Read More »
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
The Gambia Government Revenue and Expenditures Improves – June 2018 Read More »
11 Apr 2018 the Gambia finance professionals were invited to the first breakfast session at the NaNa Hall. The event which started as an idea of one person gathered over 50 accounting and finance professionals across different sectors. Baba Barrow FCCA, the CEO of Gambia Institute of Chartered Accountants (GICA) delivered the opening remarks. He
The Gambia Finance Professionals Breakfast Meeting Read More »
Press Release Banjul Nov 23, 2017 The Monetary Policy Committee(MPC) of the Central Bank of The Gambia met on Thursday, November 23, 2017, to assess developments in the domestic and the international economy and set the policy rate. Global Economic Outlook Since the last MPC meeting, the outlook for
Central Bank of the Gambia Press Release – MPC 23-Nov-2017 Read More »
Press Release August 25, 2017 1) The Monetary Policy Committee (MPC) of the Central Bank of The Gambia met on Thursday August 24, 2017 to assess developments in
Central Bank of the Gambia Press Release – MPC 25-Aug-2017 Read More »
After ending 2016 with 1.4 million unique mobile subscribers, the Gambia has registered 67% mobile penetration, according to a Mobile Economy report on sub-Saharan Africa by the GSM Association (GSMA). This penetration level has positioned Gambia as the second highest in West Africa region, just below Ghana and one of the top five in sub-Saharan Africa. The
Gambia Records 67% Mobile Penetration with 1.4 Million Subscribers Read More »
The African Development Bank (AfDB) has announced the appointment of Ms. Oley Lucretia Clara Dibba-Wadda as Director of Human Capital, Youth and Skills Development with effect from July 1, 2017. A citizen of the Republic of The Gambia, Ms. Dibba-Wadda is a social development executive and strategic analyst with over 20 years of leadership and
AfDB Appoints Gambia’s Oley Dibba as Director Human Capital, Youth & Skills Development Read More »
On 26 June 2017, the Executive Board of the International Monetary Fund (IMF) has approved $16.1 million emergency financial assistance for the Gambia under the Rapid Credit Facility (RCF). The RCF is a lending arrangement that provides rapid financial support in a single, up-front payout for low-income countries facing urgent financing needs. The IMF financial
IMF Board Approves US$16.1 Million Rapid Credit Facility for The Gambia Read More »
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 »
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