Economy

The Gambia Inaugurates Cutting-Edge Energy Efficiency Testing Laboratories with ECOWAS Support

Frederic Tendeng June 5, 2024

Gambiaj.com – (BANJUL) – In a significant stride towards enhancing energy efficiency in The Gambia, the ECOWAS Centre for Renewable Energy and Energy Efficiency (ECREEE) has partnered with the Ministry of Petroleum and Energy (MOPE), the Gambia Standards Bureau (TGSB), and the United Nations Industrial Development Organization (UNIDO) to inaugurate two state-of-the-art energy efficiency light testing laboratories.

The Gambia Ranks Among Lowest for Internet Speed and Quality Globally

Louise Mendy June 5, 2024

Gambiaj.com – (BANJUL) – The Gambia has been ranked among the bottom ten countries worldwide in terms of internet speed and network quality for its citizens, according to a recent assessment by a team of software and technology experts at Increditools. The study, based on data from Speedtest.net, highlighted the challenges facing the country’s internet infrastructure.

GSCC and Jaama Youth Agro-preneurs Train Young Entrepreneurs in Agro Food Processing

Makutu Manneh June 3, 2024

(BANJUL, The Gambia) – The Gambia Start-up Chamber of Commerce (GSCC), in collaboration with Jaama Youth Agro-preneurs Network, recently concluded a 10-day training program aimed at equipping 31 young entrepreneurs with essential skills in agro-food processing, labeling, and packaging.

A Closer Look Into the Gambia’s Deal With Abu Dhabi’s AI Firm, Presight

Frederic Tendeng June 1, 2024

Gambiaj.com – (BANJUL, The Gambia) – Presight, Abu Dhabi-based and UAE’s leading AI and big data analytics company, has been selected as the strategic partner to enhance digital transformation efforts in the West African country of Gambia.

Disrupting Flights to Gambia and Senegal, Air Peace Grounds Aircraft in Abidjan Due

Frederic Tendeng May 30, 2024

Gambiaj.com – (ABIDJAN, Ivory Coast) – Air Peace, a Nigerian airline, announced that a low-pressure tyre on one of its aircraft in Abidjan led to the grounding of the plane and subsequent flight delays to The Gambia and Senegal.

Half-Die Ports Extension Residents Must Vacate by Tuesday, GPA Warns

Frederic Tendeng May 27, 2024

Gambiaj.com – (BANJUL) – The Gambia Ports Authority (GPA) has announced the commencement of work on the Half-Die port expansion in Banjul. In a recent public warning, the GPA urged residents of the affected areas to vacate by Tuesday, May 28, 2024.

World Bank – ‘The Gambia’s Economy Shows Resilience Amid Global Uncertainties’

Frederic Tendeng May 24, 2024

Gambiaj.com – (BANJUL) – The Gambia’s economy demonstrated remarkable resilience in 2023, with real GDP growing by 5.3% despite a challenging global environment, according to The Gambia’s Fourth Economic Update – Spring 2024 released by the World Bank. This growth signals a continued recovery from the COVID-19 pandemic and ongoing external pressures.

Interbank Dalasi Market Declines in Volumes and Interest Despite Robust Banking Performance

Frederic Tendeng May 24, 2024

Gambiaj.com – (BANJUL, The Gambia) – Trade activity volumes in The Gambia’s interbank dalasi market from January to April 2024 totaled D4.9 billion, a significant decrease compared to the D7.4 billion recorded in the same period in 2023. The weighted average interest rate in the market also declined, falling from 7.4 percent in April 2023 to 4.9 percent in April 2024, following trends in the three-month Treasury bills rate.

Mixed Economic Trends as Interest Rates Drop, Deficit Expand, Interbank Dalasi Trade Shrinks

Frederic Tendeng May 23, 2024

Gambiaj.com – (BANJUL) – Preliminary estimates for The Gambia’s balance of payments in the first quarter of 2024 show a mixed economic performance. The current account balance recorded a deficit of US$1.4 million (0.1% of GDP), compared to a surplus of US$4.9 million (0.2% of GDP) in the last quarter of 2023.

Central Bank Says There is Continued Momentum in Gambia’s Economic Growth

Frederic Tendeng May 23, 2024

Gambiaj.com – (BANJUL) – The Monetary Policy Committee (MPC) of the Central Bank of The Gambia (CBG) convened on May 22 and 23, 2024, to review current domestic and global economic conditions and trends. The Committee states that in The Gambia, the strong economic growth momentum persists as inflation pressures begin to ease.

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The Gambia Inaugurates Cutting-Edge Energy Efficiency Testing Laboratories with ECOWAS Support

The Gambia Ranks Among Lowest for Internet Speed and Quality Globally

GSCC and Jaama Youth Agro-preneurs Train Young Entrepreneurs in Agro Food Processing

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Disrupting Flights to Gambia and Senegal, Air Peace Grounds Aircraft in Abidjan Due

Half-Die Ports Extension Residents Must Vacate by Tuesday, GPA Warns

World Bank – ‘The Gambia’s Economy Shows Resilience Amid Global Uncertainties’

Interbank Dalasi Market Declines in Volumes and Interest Despite Robust Banking Performance

Mixed Economic Trends as Interest Rates Drop, Deficit Expand, Interbank Dalasi Trade Shrinks

Central Bank Says There is Continued Momentum in Gambia’s Economic Growth

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