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 »
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 »
In 2015 the value of the Gambia’s total exports dropped from D4.3 billion in 2014 to D3.8 billion in 2015 representing a decrease of 11.4%. This was due to a fall in the value of re-export to the ECOWAS region. This article reviews the Gambia major export products and countries in 2014 and 2015. For
Gambia Major Export Products and Countries 2014 -2015 Read More »
As part of our efforts to create more awareness about the banking products and services in the Gambia, we have researched some solutions GTBank Gambia offers to small businesses and startups in the Gambia. GTBank Gambia is one of the leading commercial bank in The Gambia with its Head Office at 56 Kairaba Avenue, Fajara.
How GTBank Gambia Supports Small Businesses in Gambia Read More »
What is the national currency of Gambia? Dalasi or Gambian Dalasi is the official currency of the Gambia. The symbol for this currency is GMD and can be written as D. The Gambia currency (Dalasi) is divided into 100 bututs, that is 1 dalasi equals to 100 bututs. What is the highest denomination of Gambia currency?
The Gambia Currency – Dalasi and Butut Read More »
The best of Business news, in your inbox.
