Economy

Nawec Faces Backlash Over Load Shedding Plan for OIC Summit

Frederic Tendeng May 3, 2024

Gambiaj.com – (BANJUL) – The National Water and Electricity Company (Nawec) has sparked controversy with its announcement of a load shedding implementation roster ahead of the Organization of Islamic Cooperation (OIC) summit in The Gambia. The plan, designed to ensure adequate electricity supply for the summit venues and accommodations, has raised concerns among average customers who fear prolonged power cuts.

Sugar Deal Scam – Alleged Turkish Fraudster Rages Gambia, Ignites International Dispute

Frederic Tendeng May 3, 2024

Gambiaj.com – (BANJUL) – The Gambia National Food Security Processing and Marketing Corp. has accused Turkish national Emin Çakmak of fraud in a sugar importation deal valued at $4.5 million. They have sought Türkiye’s Ministry of Trade’s intervention to address the unpaid down payment and prevent damage to Türkiye’s international reputation.

Neo Themis Signs MOU with The Gambia for Solar Power Plants as First IPP

Frederic Tendeng May 2, 2024

Gambiaj.com – (BANJUL) – Neo Themis, an energy company, has signed a Memorandum of Understanding (MOU) with the Government of The Gambia (GoG) through the Minister of Petroleum and Energy for the development, financing, construction, and operation of several solar PV power plants. This agreement, signed on the 12th of April in Banjul, marks the first independent power producer (IPP) project in the country moving to revolutionize The Gambia’s energy landscape.

GNPC to Highlight Investment Opportunities at Invest in African Energy Forum

Frederic Tendeng May 1, 2024

Gambiaj.com – (BANJUL) – The Gambia National Petroleum Company (GNPC) is set to showcase investment opportunities in The Gambia’s oil and gas sector at the upcoming Invest in African Energy (IAE) forum in Paris. Baboucarr Njie, Managing Director of GNPC, will speak at the event on May 14-15, aiming to attract global capital to the country’s untapped energy prospects.

Government Confident OIC Road Project Will Be Finished Before Summit

Mustapha Jarju April 30, 2024

Gambiaj.com – (BANJUL) – The Minister of Works, Ebrima Sillah, expressed optimism that the ongoing road project from Airport Junction to Bijilo, where the Organization of Islamic Cooperation (OIC) summit is scheduled to take place in four days, will be completed before the due date.

Kanifing Municipal Council Signs D300 Million Contract for Road Network Project

Frederic Tendeng April 29, 2024

Gambiaj.com – (KANIFING) – The Kanifing Municipal Council (KMC) has taken a significant step forward in its commitment to infrastructural development by signing a monumental contract agreement for its Road Network Project with Longjian Roads and Bridges Company. This project, fully funded by local taxes, marks a milestone in KMC’s efforts to enhance transportation infrastructure within the municipality.

Gambia’s Poultry Industry Seeks Protection and Support for Local Producers

Frederic Tendeng April 29, 2024

Gambiaj.com – (BANJULINDING) – A recent report by Jason Toussaint, an ethical animal welfare advocate based in Banjulinding, has revealed that The Gambia’s poultry industry faces significant challenges despite its importance to the country’s economy. In 2022, Gambia imported $40.1k worth of poultry, ranking it as the 177th largest importer globally. The Netherlands and France were the primary sources of these imports.

Apollo Launches Direct Flights from Copenhagen to The Gambia, Africa’s Winter Paradise

Frederic Tendeng April 29, 2024

Gambiaj.com – (COPENHAGEN) – Apollo, a leading European tour company, is set to offer a unique winter experience for tourists seeking sandy beaches, unique nature encounters, and warm hospitality in The Gambia, Africa’s gentlest coast. The company’s direct flights from Copenhagen to The Gambia will commence on November 5, 2024, and continue until April 1, 2025, providing travelers with an exciting opportunity to explore this vibrant destination.

Independence Stadium Undergoes Second Major Renovations to Meet International Standards

Frederic Tendeng April 27, 2024

Gambiaj.com – (BAKAU) – The Gambia’s Independence Stadium has embarked on its second phase of remodeling and rehabilitation, aiming to bring significant changes to the national edifice. This phase, categorized as short-term works (Phase 2), forms part of the new additional scope of works identified by the Confederation of African Football (CAF).

Gambia Concludes Workshop on Business Environment Assessment Methodology

Frederic Tendeng April 26, 2024

Gambiaj.com – (BANJUL) – The Ministry of Trade, Industry, Regional Integration and Employment, in collaboration with the World Bank, has successfully wrapped up a 4-day national workshop focusing on the conceptual approach of the Business Ready (B-READY) methodology. This workshop equipe participants with the necessary tools for a successful pilot data collection in September 2024 and subsequent phases of evaluations.

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