Economy

Three Key Takeaways From MOFA’s Budget Estimates for 2024

Seedy Keita, Minister of Finance and Economic Affairs, recently presented the 2024 budget estimates to the National Assembly. He revealed that the government’s total expenditure and net lending are expected to rise by 6%, from D37.15 billion in 2023 to D39.38 billion in 2024. Here are three key points from the minister’s speech to National Assembly members.

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NAWEC Meets Pre-qualified Eligible Power Producers Three Years After Launching an RFQ

NAWEC, The Gambia’s national utility company, held a pre-bid meeting on Monday to build “a state of the art 30MW dual fuel (HFO/GAS) facility in Kotu.” According to NAWEC officials, Tuesday’s pre-bid meeting allowed NAWEC’s management and its external consultants to interact with the pre-bidding qualified firms as well as walk them through the required final bidding processes.

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