Economy

Economy

Mayor Bensouda Testifies on Lionworks Contract

Mayor Bensouda Testifies on Lionworks Contract

Africa-Press - Gambia. Mayor Talib Ahmed Bensouda of the Kanifing Municipal Council (KMC) has testified before the Local Government Commission of Inquiry regarding a...
CBG Governor Confirms Sanctions on Access Bank Ecobank

CBG Governor Confirms Sanctions on Access Bank Ecobank

Africa-Press - Gambia. The Governor of the Central Bank of The Gambia (CBG), Buah Saidy, has confirmed that Access Bank and Ecobank have been...
NAWEC MD Outlines Key Challenges Facing the Company

NAWEC MD Outlines Key Challenges Facing the Company

Africa-Press - Gambia. The Managing Director of the National Water and Electricity Company (NAWEC), Galloh Saidy, has outlined the major challenges confronting the company...
CBG Reports Stable Forex Market with $1.3 Billion Transactions

CBG Reports Stable Forex Market with $1.3 Billion Transactions

Africa-Press - Gambia. The Central Bank of The Gambia (CBG) has announced that the domestic foreign exchange market remains stable, with total transaction volumes...
IMF Raises Gambia’S Funding Allocation to $165 Million

IMF Raises Gambia’S Funding Allocation to $165 Million

Africa-Press - Gambia. The International Monetary Fund (IMF) has increased its financial support ceiling for The Gambia to more than $165 million, citing the...
Central Bank Holds Monetary Policy Rate at 17% after MPC Meeting

Central Bank Holds Monetary Policy Rate at 17% after MPC Meeting

Africa-Press - Gambia. The Monetary Policy Committee (MPC) of the Central Bank of The Gambia has decided to maintain the monetary policy rate (MPR)...
Russian Oil Scandal Chief of Staff Critiques Findings

Russian Oil Scandal Chief of Staff Critiques Findings

Africa-Press - Gambia. Chief of staff Mod K Ceesay has said the findings of the National Assembly investigation committee is weak in the case...
Gov’T Launches over D80M Rice Project

Gov’T Launches over D80M Rice Project

Africa-Press - Gambia. The Ministry of Agriculture has officially launched a $5.6 million (D80,245,000) K-Ricebelt Project, a collaborative initiative funded by South Korea to...
Ambassador Impressed by Turkish Company'S Cold Store Project

Ambassador Impressed by Turkish Company’S Cold Store Project

Africa-Press - Gambia. His Excellency F Türker Oba, the Turkish ambassador to The Gambia, yesterday visited the Pirang community’s new cold storage facility, a...
Senegalese Holiday Camp Delegation Visits Tourism Minister

Senegalese Holiday Camp Delegation Visits Tourism Minister

Africa-Press - Gambia. In a gesture aimed at strengthening cross-border relations, a delegation from the Colonies de Vacances (Holiday Camps) group paid a courtesy...