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.
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.
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.
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.
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.
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.
Gambiaj.com – (BANJUL) – The National Assembly Select Committee on Trade and Regional Integration embarked on a crucial trade facilitation visit to Senegal from May 13th to 16th, 2024. This visit underscores the Committee’s commitment to enhancing regional trade and addressing pertinent issues affecting transit goods between The Gambia and Senegal.
Gambiaj.com – (BANJUL) – This morning, passengers attempting to purchase tickets for ferry services between Banjul and Barra were met with an unwelcome surprise: ferry sales had been halted, and the vessels were out of service. With no further information provided by staff regarding the duration of the disruption or when services might resume, passengers were left stranded and confused at the ports.
Gambiaj.com – (BANJUL) – The Cement Importers and Traders Association, known as Anda Takhawu Sunu Reew, has voiced serious concerns over the recent directive by the Finance and Trade Ministries to raise import duties on cement transported via road networks to D180—a 500% increase.
Gambiaj.com – (LAGOS) – After losing its prized Lagos beachside real estate to a controversial government plan for a coastal highway, Nigeria’s Landmark Africa is setting its sights on new opportunities in Nigeria and The Gambia. The company is planning to build two new beach properties in West Africa, according to CEO Paul Onwuanibe.
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