Economy

Albayrak Group Begins Bold Transformative Upgrades at Port of Banjul

Gambiaj.com – (BANJUL, The Gambia) – Following a concession agreement signed in July, TĂĽrkiye’s Albayrak Group has accelerated efforts to revamp The Gambia’s port infrastructure, starting with the Port of Banjul and extending to inland terminals in Basse and Kaur. The ambitious project encompasses full financing, maintenance, and operational duties for the Port of Banjul and promises a major boost to Gambia’s trade potential with plans underway for a deep-sea port in Sanyang.

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New ECOWAS Regional Competition Authority Take Charge as Ghana’s Dr. Twumasi-Anokye Elected Chairperson

Gambiaj.com – (Banjul, The Gambia) – The ten newly appointed members of the Board of the ECOWAS Regional Competition Authority (ERCA) officially assumed their roles this week in Banjul, The Gambia. Following their swearing-in ceremony, the Board members participated in a comprehensive orientation session, introducing them to the ERCA’s mission, legal framework, and strategic objectives.

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 Editorial: Balancing Reform and the Financial Burden on Gambians

Editorial: Balancing Reform and the Financial Burden on GambiansAs businesses pass on the additional tax burden to consumers, prices for goods and services have risen sharply. With excise taxes imposed on essential commodities like petroleum, telecommunications, and tobacco, many Gambians now face higher costs for transportation, energy, and mobile services. The government’s push to tax rental properties, particularly those catering to the tourism sector, is also driving up housing costs, squeezing tenants… Full Text Here👇👇

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The Gambia Eyes 70% Electrification with African Development Bank Backing, as Energy Minister Prepares for African Energy Week

Gambiaj.com – (BANJUL, The Gambia) – In a bid to accelerate its energy transition, The Gambia is set to achieve a 70% electrification rate by the end of this year, thanks to substantial investments from the African Development Bank. This target includes electrifying 50% of rural areas, underscoring the country’s commitment to expanding access to electricity across all regions.

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Gambia Launches Consultative Process to Modernize Legal Metrology Standards

Gambiaj.com – (BANJUL, The Gambia) – The Ministry of Trade, Industry, Regional Integration, and Employment has initiated a consultative process aimed at modernizing The Gambia’s legal metrology framework. This effort began with a workshop that brought together key stakeholders, including policymakers, health experts, and industry representatives, to review the proposed Legal Metrology Bill 2024 for better accuracy and fairness.

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