Economy

Economy

Strait of Hormuz Disrupts Africa'S Economy

Strait of Hormuz Disrupts Africa’S Economy

Africa-Press - Gambia. The repercussions of disruptions in global supply chains and the closure of vital maritime corridors, alongside rising security and...
China-Africa Trade Hits Record High

China-Africa Trade Hits Record High

Africa-Press - Gambia. China announced that its trade with Africa reached a record level in the first half of 2026, attributing this...
ECOWAS Plans Single Currency by 2027

ECOWAS Plans Single Currency by 2027

Africa-Press - Gambia. The Economic Community of West African States (ECOWAS) has reaffirmed its commitment to launching its unified currency "ECO" by...
Africa Owes IMF $38.6 Billion

Africa Owes IMF $38.6 Billion

Africa-Press - Gambia. The total debt of African countries to the International Monetary Fund amounts to $38.6 billion, representing 31.5% of total...
Gambia Launches National TVET Curriculum for Finance Sector

Gambia Launches National TVET Curriculum for Finance Sector

Africa-Press - Gambia. The Gambia on Friday unveiled a new national technical and vocational education curriculum aimed at professionalizing the country’s financial cooperatives and...
FPAC Urges Enforcement of Public Finance Act on Soes

FPAC Urges Enforcement of Public Finance Act on Soes

Africa-Press - Gambia. The National Assembly’s Finance and Public Accounts Committee (FPAC) has called on the Ministry of Finance and Economic Affairs (MoFEA) to...
FPAC Orders Recovery of D4.8 Million in Royalties

FPAC Orders Recovery of D4.8 Million in Royalties

Africa-Press - Gambia. The National Assembly’s Finance and Public Accounts Committee (FPAC) has directed the Department of Geology to take immediate steps to recover...
New EU Deal Deepens Africa Consumer Markets

New EU Deal Deepens Africa Consumer Markets

Africa-Press - Gambia. The European Union is nearing the conclusion of its first enhanced economic partnership agreement with four African countries: Comoros,...
Iran War Strains African Airlines

Iran War Strains African Airlines

Africa-Press - Gambia. The African Airlines Association has warned that the American-Israeli war on Iran has led to rising fuel prices and...
China Turns to African Oil after Iran Ban

China Turns to African Oil after Iran Ban

Africa-Press - Gambia. The petrochemical company Hengli, one of the largest independent refining companies in China, has begun shifting towards purchasing oil...