{"id":90957,"date":"2025-11-28T07:33:12","date_gmt":"2025-11-28T07:33:12","guid":{"rendered":"https:\/\/www.africa-press.net\/gambia\/uncategorized\/world-bank-approves-45-million-grant-for-gambia-development"},"modified":"2025-11-28T08:44:12","modified_gmt":"2025-11-28T08:44:12","slug":"world-bank-approves-45-million-grant-for-gambia-development","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/gambia\/all-news\/world-bank-approves-45-million-grant-for-gambia-development","title":{"rendered":"World Bank Approves $45 Million Grant for Gambia Development"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Gambia. <\/strong><\/span><b>The World Bank Group has approved a $45 million grant to help The Gambia accelerate key development initiatives, including domestic revenue mobilization, infrastructure development, and climate resilience.<\/b><\/p>\n<p>In a statement, Ephrem Niyongabo, a World Bank economist and the project\u2019s task team leader, said the country has made notable progress despite facing external economic shocks in recent years. Yet he cautioned that The Gambia\u2019s growth remains fragile, in part due to structural vulnerabilities and climate risks.<\/p>\n<p>\u201cThe Gambia is on a good growth trajectory despite the external shocks of recent years, but growth remains fragile due to a combination of structural weaknesses, including climate vulnerability,\u201d Niyongabo said. \u201cTo sustain its growth and improve the living standards of the population, it is essential for The Gambia to pursue and accelerate transformational reforms.\u201d<\/p>\n<p>The grant is part of the World Bank\u2019s first development policy support operation for The Gambia, designed to underpin reforms that promote inclusive and sustainable growth. The initiative focuses on three pillars: increasing government revenue, fostering private sector\u2013led growth, and enhancing climate resilience.<\/p>\n<p>Franklin Mutahakana, the World Bank\u2019s resident representative in The Gambia, expressed optimism that the funding would enable the government to implement critical reforms.<\/p>\n<p>\u201cThis financing will enable The Gambia to carry out reforms to build fiscal space, facilitate the development of key sectors, improve human capital and business environment to enhance participation of the private sector in the economy,\u201d Mutahakana said.<\/p>\n<p>He added that the program is expected to enhance access to essential services, create employment opportunities for women and youth, and support environmental sustainability. \u201cThe proposed operation provides a critical line to improve access to essential services, enhance women\u2019s and youth employment opportunities while enhancing environmental sustainability,\u201d he said.<\/p>\n<p>The grant, the release stated, aligns with priorities outlined in The Gambia Recovery-Focused National Development Plan (2023\u20132027) and underscores the country\u2019s commitment to a green, resilient, and inclusive development agenda.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Gambia<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Gambia. The World Bank Group has approved a $45 million grant to help The Gambia accelerate key development initiatives, including domestic revenue mobilization, infrastructure development, and climate resilience. In a statement, Ephrem Niyongabo, a World Bank economist and the project\u2019s task team leader, said the country has made notable progress despite facing external [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":90956,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[260],"class_list":["post-90957","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-gambia"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>World Bank Approves $45 Million Grant for Gambia Development - Gambia<\/title>\n<meta name=\"description\" content=\"The World Bank Group has approved a $45 million grant to help The Gambia accelerate key development initiatives, incl ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/gambia\/all-news\/world-bank-approves-45-million-grant-for-gambia-development\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"World Bank Approves $45 Million Grant for Gambia Development\" \/>\n<meta property=\"og:description\" content=\"The World Bank Group has approved a $45 million grant to help The Gambia accelerate key development initiatives, incl ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/gambia\/all-news\/world-bank-approves-45-million-grant-for-gambia-development\" \/>\n<meta property=\"og:site_name\" content=\"Gambia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2025-11-28T07:33:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-11-28T08:44:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2025\/11\/sm_1764306737.138893.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"864\" \/>\n\t<meta property=\"og:image:height\" content=\"486\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/world-bank-approves-45-million-grant-for-gambia-development#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/world-bank-approves-45-million-grant-for-gambia-development\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"World Bank Approves $45 Million Grant for Gambia Development\",\"datePublished\":\"2025-11-28T07:33:12+00:00\",\"dateModified\":\"2025-11-28T08:44:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/world-bank-approves-45-million-grant-for-gambia-development\"},\"wordCount\":338,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/world-bank-approves-45-million-grant-for-gambia-development#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2025\/11\/sm_1764306737.138893.jpg\",\"keywords\":[\"Gambia\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/gambia\/all-news\/world-bank-approves-45-million-grant-for-gambia-development#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/world-bank-approves-45-million-grant-for-gambia-development\",\"url\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/world-bank-approves-45-million-grant-for-gambia-development\",\"name\":\"World Bank Approves $45 Million Grant for Gambia Development - 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