Economy

Gambia National Petroleum Company MD to Address Invest in African Energy Forum

Frederic Tendeng February 26, 2024

Gambiaj/com – Baboucarr Njie, the Managing Director of the Gambia National Petroleum Company (GNPC), is set to speak at the Invest in African Energy (IAE) forum in Paris, scheduled for May 14-15. Njie’s presentation will focus on highlighting investment opportunities within The Gambia’s oil and gas sector, aiming to attract global financiers and technology providers to capitalize on the nation’s untapped energy prospects.

The Gambia and EU Negotiate the 5th Fisheries Partnership Agreement

Frederic Tendeng February 22, 2024

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.

3 Oil Exploration Projects to Watch in The Gambia this Year

Frederic Tendeng February 21, 2024

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.

Gambia’s Department of Fisheries Enhances Staff Skills with Five-Day Data Collection Training

Frederic Tendeng February 21, 2024

Gambiaj.com – The Department of Fisheries in The Gambia is conducting a five-day training session on data collection in fisheries management for its staff, running from 20th to 25th February 2024. The training program has brought together participants from various units of the department.

Niger Faces Financial Strain Amidst Regional Sanctions

Frederic Tendeng February 20, 2024

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).

Mauritania – Senegal: Major Progress in Ghent Tortue Ahmeyim Gas Project as FLNG Unit Arrives

Frederic Tendeng February 18, 2024

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.

GCCI Launches Intellectual Property Project to Boost SME Competitiveness

Frederic Tendeng February 14, 2024

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.

Bundung Highway – Minister Expresses Displeasure Over Delays, Demands Swift Action

Mariama Cham February 14, 2024

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 Unveils Plans to Boost Business Environment and Infrastructure Development

Frederic Tendeng February 10, 2024

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 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.

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