Gambia news Archives

Gambia along EU, EIB & WB inaugurates historic 23 MWp solar plant

Gambia, 22 March 2024 Gambia: strong international support for a new era of renewables with the inauguration of a historic 23 MWp solar plant A significant strategic project with strong substantial economic and social impacts, the recently inaugurated solar photovoltaic plant in Jambur is poised to supply electricity to approximately 18,500 households. This power plant […]

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Standard Chartered Bank intend to leave the Gambia after 128 years of Operations

Gambia News, Market Information

Standard Chartered Plc, a major international bank has announced it intends to exit operations in The Gambia as well as Angola, Cameroon, Zimbabwe, Jordan, Lebanon, and Sierra Leone. Additionally, In Tanzania and Cote d’Ivoire, the Consumer, Private and Business Banking businesses will be exited and the focus will turn solely to Corporate, Commercial and Institutional

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The Gambian Petroleum and Energy Ministry Launches RFP for A1 Licensing Round

Gambia, Gambia News, Press Releases

The Gambia, 07 February 2022: The Ministry of Petroleum and Energy, The Gambia, has officially launched the licensing round for Block A1. The Request for Proposal (RFP) is now available for download on the Ministry of Petroleum’s (Ministry) website. Granted initially to BP in 2019, Block A1 became available in August 2021 after the company exited

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Gambia Secures $40 Million for an Inclusive, Resilient and Competitive Agriculture

Gambia, Gambia News, Press Releases

WASHINGTON, November 24, 2021– The World Bank Board approved $40 million from the International Development Association (IDA)* to promote the development of inclusive, resilient, and competitive agricultural value chains, with a specific focus on smallholder farmers and agribusinesses in The Gambia. The Gambia Inclusive and Resilient Agricultural Value Chain Development Project (GIRAV) will promote the development of key

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Fatou Juka Darboe Wins Runner-up of the 2021 Africa Engineering Innovation

Gambia News, Gambian Startup

Gambian innovator, Fatou Juka Darboe puts the country on the map in the world of engineering in the Africa Prize Engineering for Innovation (APEI) – UK Royal Academy of Engineering. She is a runner-up of the 2021 Africa Prize for Engineering innovation. Fatou Juka Darboe wins £10,000 for Make3D Medical, which uses 3D printing to create customised

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Gambia’s Lamin Barrow Leads the African Development Bank Nigeria Office

Gambia News

The African Development Bank Group announces the appointment of Mr. Lamin BARROW as Director-General, Nigeria Country Office, effective 1st July 2021. Mr. Lamin Barrow, a Gambian national, joined the African Development Bank in 2000. Prior to his appointment, he was Acting Senior Director, Nigeria Country Office, in the Regional Development, Integration & Business Development Vice

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COVID-19 – World Bank Approves $10 million for Gambia

Gambia News, Press Releases

Washington, April 2, 2020 – The World Bank Board approved today a $10 million grant from the International Development Association (IDA)* for The Gambia to provide emergency assistance in the face of the global COVID-19 pandemic. The COVID-19 Response and Preparedness Project will enhance case detection, tracing, and reporting, as well as provide equipment to isolation

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IMF estimates Gambia’s Real GDP growth in 2019 at 6%

Gambia News

An International Monetary Fund (IMF) team, led by Jaroslaw Wieczorek, visited Banjul during February 3–11 to take stock of the 2019 SMP implementation and agree with The Gambian authorities on policies underpinning their request for a three-year program that could be supported by an ECF arrangement in the amount of SDR 35 million (or around

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Seedstars Summit invites Gambia’s Nadji.bi to compete at Globals

Gambia News

Seedstars World, the largest seed-stage startup competition for emerging markets and fast-growing startup scenes, has come to its peak during the latest edition Seedstars Summit Africa in South Africa, on December 3rd to 5th. Seedstars, the leading emerging market startup community and investor, selected 10 startups amongst the most promising startups from the continent. The

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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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