Gambiaj.com – (BANJUL, The Gambia) – The Local Government Commission of Inquiry has uncovered intricate financial dealings surrounding the Kanifing Municipal Council’s (KMC) procurement of waste collection trucks, revealing substantial profit margins for Espace Motors and questionable practices in the loan arrangement.
Gambiaj.com – (BANJUL, The Gambia) – The Commission of Inquiry into the financial mismanagement of the Kanifing Municipal Council (KMC) has revealed significant concerns about the “Mbalit” Project, including overestimated truck costs, a lack of transparency from Agib Bank, and bribery allegations linked to senior officials.
The Economic Community of West African States (ECOWAS) has underscored the need for accelerated economic reforms and infrastructure development to lay the foundation for the successful launch of the ECO single currency.
Gambiaj.com – (DAKAR, Senegal) – The West African Energy (WAE) power plant, a landmark collaboration between local investors and Senegal’s National Electricity Company (Senelec), was once seen as a beacon of national energy sovereignty. However, the dream of a 100% Senegalese-led energy success story has been shattered following revelations of financial mismanagement and the arrest of Samuel Sarr, the project’s key promoter.
Gambiaj.com – (BANJUL, The Gambia) – The Minister of Finance and Economic Affairs, Sidi Keita, delivered the 2025 Appropriation Bill to the National Assembly on Friday, outlining a bold strategy to boost domestic resource mobilization, address socioeconomic inequities, and tackle fiscal vulnerabilities.
The Gambia has ranked among the lowest-performing economies in the inaugural Business Ready 2024 (B-READY) report, a new World Bank initiative assessing global business climates.
The government of The Gambia has categorically refuted allegations circulating on social media regarding the Concession Agreement with Africa50 and its implications for future bridge construction.
Gambiaj.com – (Banjul, The Gambia) – The National Water and Electricity Company (NAWEC) has terminated its Treasury Manager and suspended its Director of Finance amid allegations of financial misconduct.
The World Bank’s International Debt Report, released on December 3, provides a negative outlook on The Gambia’s financial situation as of the end of 2023.
India’s DGFT has extended the export deadline for broken rice to Senegal and The Gambia by two months, allowing shipments through NCEL until January 31, 2025.
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