Economy

President Barrow Launches Gambia’s Second National Development Plan for 2023–2027

Frederic Tendeng February 10, 2024

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 Gambia Offers Visa-Free Entry to Saudi Nationals to Boost Investment, Trade, and Tourism

Frederic Tendeng February 7, 2024

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.

Senegal Bonds Sink After Presidential Vote Delayed Indefinitely

Frederic Tendeng February 5, 2024

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.

Nigeria-Gambia Strengthens Taxation Expertise: CITN Trains Gambian Tax Authority Personnel

Lamin Jarjue January 31, 2024

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.

Government Abandons Civil Servants Planned Allowance Increment.

Jarai Jallow January 31, 2024

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.

Minister Ebrima Sillah in Qatar to Discuss Business, Meets Qatari Counterpart

Frederic Tendeng January 24, 2024

The Gambia’s Minister of Transport, Works, and Infrastructure, Ebrima Sillah, is in Qatar to discuss Qatari-Gambian relations in the areas of transportation, harbors, and civil aviation and ways to further enhance them.

New Banjul Airport Terminal Project – Government Launch Bid

Frederic Tendeng January 17, 2024

The Gambia government plans to build a new airport terminal. All associated auxiliary facilities will be built alongside the new terminal through a public-private partnership.

Frequent Ferry Breakdowns – Operator Blames Random Nets on Banjul Barra Route

Mustapha Jarju January 16, 2024

In a news release earlier today, the Gambia Ferry Service Company Limited (GFSC) blamed random fishing activities for the breakdown of propellers and the length of time needed to fix the mechanical faults.

Sugar Prices Projected to Increase, Gambia Trade Minister Marns

Mariama Cham January 15, 2024

According to the Gambia’s Trade Minister Baboucarr O. Joof, global inflation will cause sugar prices to climb even further in 2024.

IMF Approves Gambia’s US $100 Million New Extended Credit Facility.

Louise Mendy January 14, 2024

The IMF approves $100 million for The Gambia’s extended credit facility arrangement, ending 2023 Article IV consultation, to strengthen economic recovery, tackle inflation, reduce debt vulnerabilities, and promote inclusive growth.

Never miss any important news. Subscribe to our newsletter.

Editor's Pick

Reviving the Magic of SeneGambian Christmas: A Call to Preserve and Celebrate Shared Heritage

December 25, 2024

Essa Faal and Dr. Ceesay Trade Blows as Political Temperature Mount Ahead of 2026

December 24, 2024

Senegal Presidential Advisor Sparks Outrage with Remarks on Tirailleurs

December 24, 2024

Justice and Healing in Focus: The Gambia’s $150 Million TRRC Implementation Faces Urgency and Challenges

December 24, 2024

President Barrow Launches Gambia’s Second National Development Plan for 2023–2027

The Gambia Offers Visa-Free Entry to Saudi Nationals to Boost Investment, Trade, and Tourism

Senegal Bonds Sink After Presidential Vote Delayed Indefinitely

Nigeria-Gambia Strengthens Taxation Expertise: CITN Trains Gambian Tax Authority Personnel

Government Abandons Civil Servants Planned Allowance Increment.

Minister Ebrima Sillah in Qatar to Discuss Business, Meets Qatari Counterpart

New Banjul Airport Terminal Project – Government Launch Bid

Frequent Ferry Breakdowns – Operator Blames Random Nets on Banjul Barra Route

Sugar Prices Projected to Increase, Gambia Trade Minister Marns

IMF Approves Gambia’s US $100 Million New Extended Credit Facility.

Recent News

Reviving the Magic of SeneGambian Christmas: A Call to Preserve and Celebrate Shared Heritage

Essa Faal and Dr. Ceesay Trade Blows as Political Temperature Mount Ahead of 2026

Senegal Presidential Advisor Sparks Outrage with Remarks on Tirailleurs

Justice and Healing in Focus: The Gambia’s $150 Million TRRC Implementation Faces Urgency and Challenges

Editorial – Failure to Anticipate Power Outage at Banjul Airport is Bad Publicity for Gambia’s Image

Sierra Leone Parliament Dismisses Auditor-General and Deputy Sparking Accountability Concerns

Editor's Pick

Follow us on our Social Networks

Information