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Economy

Gambia OIC Secretariat Distances Itself From Unbuilt Five-Star Radisson Hotel Project

Frederic Tendeng May 8, 2024

Gambiaj.com – (BANJUL) – Yankuba Dibba, the Chief Executive Officer of the Gambia OIC Secretariat, recently provided insights into the unbuilt OIC five-star hotel, originally intended to accommodate VVIP guests during the summit. Speaking at a post-OIC press conference with Gambian media, CEO Dibba addressed questions surrounding the hotel’s failure to materialize and discussed the future steps regarding this project.

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Gambian Civil Servants Angered by Flip-Flop on Allowance Increments

Frederic Tendeng May 7, 2024

Gambiaj.com – (BANJUL) – In a series of confusing events, Gambian civil servants have been left frustrated by the government’s indecision regarding their allowances. The saga began in November 2023 when the cabinet approved an increase in transport and residential allowances for civil servants, without any request from the recipients.

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Indonesia Invites Gambia to Second Indonesia-Africa Forum

Frederic Tendeng May 7, 2024

Gambiaj.com – (BANJUL) – The Minister of Foreign Affairs of Indonesia, Retno Marsudi, has extended an invitation to the Gambian government to attend the second Indonesia-Africa Forum, set to take place on September 3-4, 2024, in Bali. The invitation was made during a meeting on the sidelines of the 15th Organization of Islamic Cooperation (OIC) Summit held in Banjul, Gambia, on May 4-5, 2024.

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Nawec Faces Backlash Over Load Shedding Plan for OIC Summit

Frederic Tendeng May 3, 2024

Gambiaj.com – (BANJUL) – The National Water and Electricity Company (Nawec) has sparked controversy with its announcement of a load shedding implementation roster ahead of the Organization of Islamic Cooperation (OIC) summit in The Gambia. The plan, designed to ensure adequate electricity supply for the summit venues and accommodations, has raised concerns among average customers who fear prolonged power cuts.

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Neo Themis Signs MOU with The Gambia for Solar Power Plants as First IPP

Frederic Tendeng May 2, 2024

Gambiaj.com – (BANJUL) – Neo Themis, an energy company, has signed a Memorandum of Understanding (MOU) with the Government of The Gambia (GoG) through the Minister of Petroleum and Energy for the development, financing, construction, and operation of several solar PV power plants. This agreement, signed on the 12th of April in Banjul, marks the first independent power producer (IPP) project in the country moving to revolutionize The Gambia’s energy landscape.

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GNPC to Highlight Investment Opportunities at Invest in African Energy Forum

Frederic Tendeng May 1, 2024

Gambiaj.com – (BANJUL) – The Gambia National Petroleum Company (GNPC) is set to showcase investment opportunities in The Gambia’s oil and gas sector at the upcoming Invest in African Energy (IAE) forum in Paris. Baboucarr Njie, Managing Director of GNPC, will speak at the event on May 14-15, aiming to attract global capital to the country’s untapped energy prospects.

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