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Investments

Africell’s Landmark $300 Million Bond Boosts Digital Infrastructure and Economic Growth in The Gambia and Others

Louise Mendy November 11, 2024

Gambiaj.com – Africell is poised to drive significant progress in The Gambia’s digital infrastructure and economic growth following a successful $300 million bond issuance. Part of a broader expansion effort, the funds raised through this bond will strengthen Africell’s capabilities in The Gambia, Angola, the Democratic Republic of Congo (DRC), and Sierra Leone, enhancing mobile and data connectivity for businesses, communities, and the broader digital economy.

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Senegal Secures Improved Deal with Saudi Firm for $760 Million Desalination Project

Frederic Tendeng November 4, 2024

Gambiaj.com – (DAKAR, Senegal) – President Bassirou Diomaye Faye has announced significant progress for Senegal’s water management strategy following his recent visit to Saudi Arabia. The Senegalese leader revealed that the initial contract with ACWA Power, a major Saudi-based company, for the construction of a large-scale desalination plant has been renegotiated.

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Gambia Takes Bold Step Towards Trans-Gambia New Special Economic Zone

Mamudu Wann August 29, 2024

Gambiaj.com – (BANJUL, The Gambia) — The Ministry of Trade presented the inaugural report on the Trans-Gambia Corridor study on Tuesday. This landmark initiative aims to develop the nation’s first Special Economic Zone (SEZ), setting the stage for a transformative shift in trade infrastructure and industrialization.

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Gambian Vice President Meets with IFC Delegation to Boost Energy, Housing, and Tourism Sectors

Frederic Tendeng August 28, 2024

Gambiaj.com – (BANJUL, The Gambia) – The Vice President of The Gambia, H.E. Mohammed B.S. Jallow, held a pivotal meeting this afternoon with a delegation from the International Finance Corporation (IFC), the private sector arm of the World Bank Group. The delegation was accompanied by the Minister of Finance, reflecting the high level of importance the government places on the discussions.

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Senegal’s Government Targets Major Overhaul to Position Ports as Regional Hubs

Frederic Tendeng August 22, 2024

Gambiaj.com – (DAKAR, Senegal) – The Senegalese government has set ambitious plans to transform the country into a leading maritime hub in West Africa. In a special inter-ministerial council led by Prime Minister Ousmane Sonko on Tuesday, August 20, the national strategy for the development of maritime and port infrastructure was presented, aiming to attract 2,578 billion CFA francs in investments.

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Gambia Deepens Strategic Partnerships with India at 19th CII Conclave

Frederic Tendeng August 22, 2024

Gambiaj.com – (NEW DELHI, India) – At the 19th Confederation of Indian Industry (CII) Conclave in New Delhi, India, The Gambia’s Vice President, H.E. Mohammed B.S. Jallow, highlighted the country’s focus on creating a business-friendly environment that promotes investment, entrepreneurship, and sustainable growth.

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