By Reuters Chinese and French companies are bidding to help Gambia build up its Atlantic port Banjul to be what industry sources say could be a rival to neighboring Senegal’s Dakar. It would be one of the first major structural changes in Gambia following the end of President Yahya Jammeh’s more than 20-year rule in […]
China, France eye Gambian port upgrade to rival Dakar – Reuters 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 »
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 »
Skye Bank Plc a Nigerian based commercial bank is planning to dispose of its majority stakes in the operations of Skye Bank Gambia, Guinea and Sierra Leone, according to Bloomberg reports. The Bloomberg reports also stated that the bank wants to drop its international banking licenses to ease pressure on capital buffers. Currently, international banking
Skye Bank Plc to Sell Offshore Subsidiaries, Including Gambia Read More »
Gambia GDP is expected to grow by 5.5%, as projected by Ecobank’s FICC guidebook 2016. Ecobank’s Middle Africa Fixed Income, Currency and Commodities (FICC) Guidebook serve as an essential reference tool for any institution or investor interested in monitoring recent developments in debt markets, exchange rates, macroeconomic performance, and commodities across the 36 African countries. Below we
Gambia GDP is projected to grow by 5.5% in 2016 Read More »
The Gambia Chamber of Commerce and Industry (GCCI) has once again concluded a successful Business Awards Dinner on 06 May 2016, held at the Ocean Bay Hotel. The event brought together investors, entrepreneurs, government officials and members of GCCI. Many businesses and entrepreneurs were also presented with awards at the events. Congratulation to management and staff of
Winners of GCCI 2016 Business Awards Read More »
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