Economy

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

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

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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Bundung Community Sees Hope for Improved Water Supply Amid NAWEC Delays

Gambiaj.com – (BUNDUNG, The Gambia) — In a bid to address the longstanding issue of inadequate water supply in Bundung, National Assembly Member (NAM) Sulayman Jammeh has taken decisive steps to ease the water crisis in his constituency. Hon. Jammeh has recently overseen the drilling of six boreholes as a temporary measure while urging the National Water and Electricity Company (NAWEC) to expedite the ongoing water supply project.

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Air Senegal Halts New York Route Amid Financial Audit: A Tale of Prestige Over Profit

Gambiaj.com – (DAKAR, Senegal) – As of September 19, 2024, Air Senegal will discontinue its transatlantic route between Dakar (DSS) and New York (JFK), ending a three-year operation that was marked by challenges and low profitability. The 3,830-mile route, which currently operates twice weekly, has struggled to gain traction in a competitive market, despite its symbolic importance to the airline.

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What to Know About Senegal’s Expert Commission to Review Strategic Contracts in Oil and Gas Sector

Gambiaj.com – (DAKAR, Senegal) – In a move aimed at re-balancing Senegal’s economic partnerships, Prime Minister Ousmane Sonko officially announced the formation of a high-level commission on August 19, 2024. The commission, composed of legal, tax, and energy sector experts, will review contracts signed with foreign companies in key sectors, with a primary focus on the oil and gas industry.

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AI Gam Network Advocates for AI-Driven Transportation Safety Solutions in The Gambia

Gambiaj.com – (BANJUL, The Gambia) – The Artificial Intelligence Gam Network (AI Gam Network) is calling for government support and collaboration to introduce artificial intelligence (AI) systems to enhance transportation safety in The Gambia. This appeal was made during the launch of the Deep Learning IndabaX Gambia 2024 (DLIXG24) at the Gambia Technical Training Institute (GTMI), which focused on “Applications of AI in Transportation Safety.”

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