Economy

The Gambia and EU Negotiate the 5th Fisheries Partnership Agreement

Gambiaj.com – The Fisheries Department of The Gambia and the European Union convened the 5th joint committee meeting on the Sustainable Fisheries Partnership Agreement on Tuesday, February 20, 2024. The two-day meeting aims to discuss various aspects of fisheries management, including economics and science.

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3 Oil Exploration Projects to Watch in The Gambia this Year

Gambiaj.com – Since 2014, The Gambia has drilled up to 11 successful wells, piqueing industry interest in the nation’s offshore prospects. Because of its proximity to the 230 million barrel Sangomar discovery made in neighboring Senegal, the country boasts enormous prospectivity.

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Niger Faces Financial Strain Amidst Regional Sanctions

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).

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GCCI Launches Intellectual Property Project to Boost SME Competitiveness

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.

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

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.

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

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.

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