Economy

The Gambia Cashes in on Senegambia Bridge: Finance Minister Updates Lawmakers on $15.5 Million Payout

Frederic Tendeng September 19, 2024

Gambiaj.com – (BANJUL, The Gambia) – The Gambian government has received a substantial financial boost from its partnership with Africa50, following the signing of a concessional agreement for the management of the Senegambia Bridge. During a recent Question and Oral Answer session in the National Assembly, the Minister of Finance and Economic Affairs informed lawmakers that the country had secured $15.5 million as the first tranche of compensation under the Asset Recycling Program.

Senegal Faces Economic Challenges Amid IMF Uncertainty as Snap Elections Loom

Mariama Cham September 18, 2024

Gambiaj.com – (DAKAR, Senegal) – As Senegal prepares for its snap parliamentary elections on November 17, economic concerns and delays in critical financial support threaten to dominate the political landscape. President Bassirou Diomaye Faye, barely five months into his presidency, set the stage for these elections after dissolving the opposition-led National Assembly last Thursday, citing gridlock over budget reforms.

Senegal Inaugurates Financial Judicial Body to Prosecute Corruption and Economic Crimes

Frederic Tendeng September 17, 2024

Gambiaj.com – (DAKAR, Senegal) – On Tuesday, in Dakar, Senegal’s Minister of Justice, Ousmane Diagne, officially inaugurated the Financial Judicial Pool (PJF), a newly established court designed to enhance the nation’s response to economic and financial crimes.

Senegal and Gambia Hold Key Coordination Meeting for Another Joint Border Patrol

Frederic Tendeng September 14, 2024

Gambiaj.com – (KOLDA, Senegal) – Military officials from Senegal and The Gambia have on Friday held a crucial coordination meeting to finalize preparations for joint patrols along unspecified areas of their shared border.

President Barrow’s Cabinet Discuss Key Economic and Financial Reforms

Awa Colley September 13, 2024

Gambiaj.com – (BANJUL, The Gambia) – President Adama Barrow chaired a crucial Cabinet meeting Thursday at the State House in Banjul, where key economic and financial reforms were discussed.

Gambia Ports Authority Hires Prodevelop and Lasting Solutions to Implement Advanced Port Management System

Frederic Tendeng September 12, 2024

Gambiaj.com – (BANJUL, The Gambia) – The Gambia Ports Authority (GPA) has contracted Prodevelop, a Spain-based ICT company, and Lasting Solutions to implement the Posidonia Management system.

Strengthening Partnership – Gambia Showcases Economic Potential in Morocco

Frederic Tendeng September 12, 2024

Gambiaj.com – (Rabat, Morocco) – The Gambia’s Economic Promotion Week in Morocco commenced this Monday in Rabat, marking a significant step in the efforts to enhance economic cooperation between the two nations.

USDA Report Predicts 20.6% Rise in Food Insecurity for The Gambia in 2024 Amid Surging Rice Prices

Frederic Tendeng September 6, 2024

Gambiaj.com – (BANJUL, The Gambia) – A recent International Food Security Assessment (IFSA) conducted by the United States Department of Agriculture (USDA) has projected a significant increase in food insecurity in The Gambia, with prevalence estimated to rise by 20.6% in 2024.

Government Cracks Down on Non-Compliance with Digital Tax Stamp System

Jarai Jallow September 5, 2024

Gambiaj;com – (BANJUL, The Gambia) – The Ministry of Finance and Economic Affairs, in collaboration with the Gambia Revenue Authority (GRA), has issued a stern warning to producers and manufacturers who are failing to comply with the newly introduced Digital Tax Stamp System.

Senegal’s Prime Minister Sonko Launches Accountability Inquest on Macky Sall’s Administration

Frederic Tendeng September 5, 2024

Gambiaj.com – (DAKAR, Senegal) – Senegal’s Prime Minister Ousmane Sonko has announced the initiation of a comprehensive accountability and transparency inquest targeting officials from the previous Macky Sall administration.

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