Gambiaj.com – President Adama Barrow inaugurated a 23 megawatt solar plant with 8 MWH of battery storage for the first time in The Gambia on Saturday. This new solar plant is a major step towards achieving sustainable and renewable energy sources in the country.
Gambiaj.com – Finance Minister Seedy Keita faced tough questioning from National Assembly Members (NAMs) yesterday regarding a $50 million loan facility, equivalent to D3.4 billion, granted exclusively to Jah Oil, a private company. The loan was part of an agreement approved last June by the National Assembly between the government and the Arab Bank for Economic Development in Africa (BADEA) to support Gambian businesses importing food and other essential commodities, aiming to alleviate market price pressures.
Gambiaj.com – The Brikama Area Council (BAC) has issued a strong condemnation against the actions of Governor Ousman Bojang of the West Coast Region, accusing him of unlawfully attempting to assume the powers of the council’s established market committee in allocating market stalls at the New Market complex of the Brikama Central Market.
Gambiaj.com – Staff at the finance department of the Edward Francis Small Teaching Hospital (EFSTH) have raised concerns over the impending takeover of revenue collection by Guaranty Trust Bank (GTB). The change, set to be implemented on Monday, follows an agreement signed between the bank and EFSTH management, but it has sparked fears among staff regarding transparency, corruption, and mismanagement of funds.
Gambiaj.com – The Kunta Kinteh Ferry will be out of service for six weeks starting on Thursday, March 6, 2024. During this time, limited service on the Banjul and Barra routes will be provided by the Kanilai Ferry.
The governor of the Central Bank of The Gambia, Buah Saidy, revealed in a press conference that the government’s overall budget deficit had expanded to D18.5 billion (12.9% of GDP) in 2023, up from D15.3 billion (12.5% of GDP) the previous year. This increase of D3 billion was driven by a rise in total revenue and grants, which reached D31.9 billion, a 39.4% increase from the previous year.
Gambiaj.com – The Minister of Transport, Ebrima Sillah, announced on Wednesday that the government, through the Gambia Ferry Service, has acquired two new green ferries to improve transportation services. Minister Sillah emphasized the government’s commitment to finding long-term solutions to ferry transportation challenges, leading to the procurement of these environmentally friendly vessels.
Gambiaj.com – Central Bank Governor Buah Saidy disclosed that the the government’s internal debt grew by 8.4% while the Gambian Dalasi underwent a minor decline compared to major international currencies in 2023 during the quarterly Monetary Policy Committee meeting update. In relation to the US dollar, the Dalasi lost 3.8 percent of its value; with the Euro, the loss is 10.8 percent; with the GBP, the loss is 12.7 percent; and with the CFA, the loss is 14.2 percent.
Gambia – The governor of the Central Bank of The Gambia, Buah Saidy, has announced plans to reduce the prices of essential food items such as rice and sugar, particularly important as the country approaches the Muslim fasting month of Ramadan.
Gambiaj.com – There are three brand-new ferry engines sitting inactive at the Banjul Sea Port, while the Kunta Kinteh and Kanilai Ferries continue to experience frequent breakdowns that endanger passenger lives and severely hinder commerce.
Never miss any important news. Subscribe to our newsletter.
Never miss any important news. Subscribe to our newsletter.
