While Sonko claimed to have overseen the Council’s administration, he acknowledged being sidelined on key financial decisions.
These bonds will serve as the swap securities for the transaction, providing long-term funding to support strategic road projects across the country.
The court annulled the most serious charge: “association de malfaiteurs en bande criminelle organisée” — criminal conspiracy within an organized gang.
During his testimony, Sanneh acknowledged that the council had taken out various loans and overdrafts primarily to cover staff salaries.
The report details over GMD 7.6 million in missing payment vouchers, unrecorded revenues, questionable staff appointments, and unresolved fraud allegations
Senegalese fintech giant Wave has secured $137 million in debt financing to fuel its rapid expansion of mobile financial services across Africa
Banjul Mayor Rohey Malick Lowe spent several hours these past days answering tough questions before the Local Government Commission of Inquiry
Senegal’s fiscal trajectory in the first quarter of 2025 reveals an increasingly precarious balance between debt servicing and developmental spending
Standard Chartered’s 130-year presence in The Gambia has officially come to an end following the acquisition of its operations by Nigeria’s Access Bank
The Gambia got a $3 million loan from the Islamic Development Bank (ISDB) to boost its groundnut processing infrastructure and project management systems
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