Gambiaj.com – Since the military coup in July 2023, Niger has struggled to meet its financial obligations, leading to several payment defaults on the regional financial market, according to Umoa-titres, which manages operations in the Economic Union’s markets and the West African monetary union (UEMOA).
The Ghent Tortue Ahmeyim (GTA) project, a significant endeavor in the liquefied natural gas (LNG) sector, has achieved a major milestone with the arrival of the Floating Liquefied Natural Gas Unit (FLNG) at Senegalese-Mauritanian waters. This development was announced by the BP Company, one of the project’s key operators.
The Gambia Chamber of Commerce and Industry (GCCI) recently inaugurated its intellectual property project, aiming to bolster the competitiveness of small and medium enterprises (SMEs), particularly those led by women. The launch event, held on Tuesday, garnered significant interest from regulatory bodies and the business community.
The Minister of Transport, Works and Infrastructure (MOTWI), Ebrima Sillah, has voiced dissatisfaction with the slow progress of the Bundung Highway construction project. The highway, long plagued by decay, has been a source of frustration for commuters in the Kanifing Municipality, linking Serekunda and Latrikunda Sabiji.
President Adama Barrow has on Saturday unveiled plans to simplify, enhance stability, and reduce costs for business start-ups while also investing in infrastructure development to attract corporate investors. President Barrow pledged to eliminate barriers impeding the growth of the private sector in The Gambia.
President Adama Barrow has on Friday officially launched the Gambia’s second National Development Plan (NDP) for 2023–2027, replacing the now-expired NDP that laid the foundations for the country’s socio-economic and political resurgence. The new four-year plan, known as the Yiriwa recovery-focused plan, aims to address the recovery needs of the Gambia amidst the challenges posed by the COVID-19 pandemic and the Russia-Ukraine war, which have impacted economies worldwide.
The government of the Republic of The Gambia has announced that it will grant visa-free entry to nationals of the Kingdom of Saudi Arabia, effective immediately. This decision aims to strengthen the already strong bilateral relations between the two countries and to facilitate and encourage travel of Saudi nationals to The Gambia for investment, trade, and tourism, in line with the aspirations of their respective leaders.
According to Bloomberg, Senegal’s Eurobonds fell sharply after President Macky Sall postponed this month’s presidential elections and as lawmakers gathered to consider extending his mandate until a successor takes power.
The Chartered Institute of Taxation of Nigeria (CITN) has initiated a training program for personnel of the Gambian Revenue Authority (GRA) aimed at enhancing their skills in tax administration and management. The initiative, which is part of ongoing efforts to strengthen bilateral ties between Nigeria and The Gambia, seeks to equip participants with modern trends and best practices in tax management.
According to information obtained by The Point, the Gambia’s government has revoked the allowance increase that was scheduled to take effect this month, January 2024, for public servants.
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