IMF Regional Economic Outlook for sub-Saharan Africa projects 3.0 real GDP growth rate for Gambia in 2017 compared to 2.6% for the region. The report was released in Oct 2017, and it discusses the impact of fiscal consolidation on growth and economic diversification within Sub-Saharan Africa. Sub-Saharan Africa (SSA) According to this report, the SSA […]
IMF Projects 3% GDP Growth for Gambia in 2017 Read More »
Washington DC – The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, signs an agreement with The Gambia with a total amount of US$45 Million, in support of the Gambia Energy Sector. H.E Mr. Amadou Sanneh, Minister of Finance and Economic Affairs of The Gambia (Governor of the
ITFC Provides $45 million in support of the Gambia Energy Sector Read More »
‘’ I am tired of being a wage earner, I want to go back and start my own business in The Gambia’’. ‘’Next season I will start to build on my land in Serrekunda’’. ‘’It is not even 15th of this month, and I am already broke’’. During more than 13 years living with migrants,
7 Smart Financial Management Tips for Gambians in Diaspora Read More »
The latest edition of the Global Competitiveness Report, an annual ranking of 137 economies based on data from international institutions, moved the Gambia up from the No. 117 position. Switzerland, the United States, and Singapore are the top three most competitive economies in the world. The Gambia is now 117th out of the 137 economies the ranking covers; it
Gambia Moves up, Now 117th among World’s Competitive Economies – Report Read More »
President Adama Barrow recently highlighted the role Gambian Diaspora played in returning democracy to the country in his address to world leaders. However, now that we have changed the country’s Chief Executive Officer is there other ways in which the Gambia government can collaborate with the diaspora? Yes, in my opinion. According to the macroeconomists, there
How Gambia Government Can Work with the Diaspora Read More »
In the late 20th century, economists have attempted to explain the differences in economic growth rates around the world. Barro (1991) and hundreds of economists pursued the question of what factors determined the substantial observed differences in economic growth. They tested a variety of economic and political explanations, although the modeling invariably incorporated some measure of
Relationship between Human Skills and Economic Growth Read More »
Robots might take your banking job. At least according to Vikram Pandit, the former CEO of Citibank Group. In an interview with Bloomberg Television, Pandit said that the technology developments in artificial intelligence and robotics could reduce the need for staff in certain banking roles such as the back office. This accounts for a potential
Robots might take your banking job. Read More »
When starting out on your business journey, the home office or a shared coworking space will likely be your go-to place of work. But as time goes on, you may eventually start to think about an office elsewhere. Having a separate office space solely for work is usually a goal of many small business owners,
How to Know When It’s Time to Rent an Office Space Read More »
The application for the 2018 Mandela Washington Fellowship for Young African Leaders is now open. The Mandela Washington Fellowship for Young African Leaders is the flagship program of the Young African Leaders Initiative (YALI). Begun in 2014, the Fellowship supports young African leaders as they spur growth and prosperity, strengthen democratic governance, and enhance peace
2018 Mandela Washington Fellowship application is Open Read More »
As the gap between investment into the developed and developing the world closes, as highlighted in this article on FDI, opportunities abound for young entrepreneurs and small business owners to create a more secure future for themselves. However, having access to money doesn’t equate to making the best use of it. This has as much
7 Habits of Good Money Savers: Money Saving Tips Read More »
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