SDF Reports D1.9M Income at AGM

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SDF Reports D1.9M Income at AGM
SDF Reports D1.9M Income at AGM

Africa-Press – Gambia. The Sanyang Development Fund (SDF) has reported an income of nearly two million dalasi for the past year, officials said at the association’s Annual General Meeting (AGM) over the weekend.

The AGM provided a platform to present financial reports, review community development projects, and elect or confirm executive members. The Fund, founded and supported by natives of the coastal village of Sanyang, aimed to promote local development.

Sedia Bojang, SDF Treasurer, presented the Income and Expenditure Statement for the period ending 30 November 2025. He said the Fund received a total income of GMD 1,934,866.70 from diaspora members, local community contributors, and supporters through GoFundMe and other initiatives.

“This level of contribution underscores the strong unity and commitment of the Sanyang community towards meaningful development,” Bojang said.

Total expenditure during the period amounted to GMD 1,419,734.34, covering Bunkilling Mortuary support, meetings, smartphone assistance, condolences, Ramadan Sugar 2025, medical fund interventions, SDF registration fees, deep-sea port-related operations, and legal fees. Bojang said all expenses were guided by accountability and transparency.

The fund recorded a closing balance of GMD 515,132.36 as of 30 November 2025, verified across bank accounts, cash holdings, and project-specific funds. Bojang said the surplus reflects sound financial management and positions the fund to support future initiatives.

Yankuba Ceesay, SDF President, said the continued trust of the community enabled the association to uphold high standards of transparency, accountability, and community-focused leadership.

He adds that his administration remains committed to strengthening governance, deepening community engagement, and implementing development programs aligned with the aspirations of Sanyang residents.

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