Economy

Gambian vice-president Fatoumata Tambajang during the inauguration ceremony for his presidency at the Independence Stadium in Bakau, west of the capital Banjul, on February 18, 2017.
Thousands of supporters gathered on February 18, 2017 to finally celebrate the inauguration of Gambian President Adama Barrow, a month after he was sworn in across the border in neighbouring Senegal during a tense power struggle. The festivities began in the morning at Independence Stadium in Bakau, west of the capital, and were to be attended by several African heads of state as well as high-ranking diplomats.
 / AFP / SEYLLOU        (Photo credit should read SEYLLOU/AFP/Getty Images)
Economy

Gambia gets US$210 million loan to stimulate economy

The International Islamic Trade Finance Corporation (ITFC) a member of the Islamic Development Bank (IsDB) Group, has signed a US$210 million Framework Agreement with Government of The Gambia for financing over a three-year period. The agreement is to support key economic sectors, including energy, through the importation of refined petroleum […]

Gambia’s Central Bank account deficit lowers
Economy

Gambia’s Central Bank account deficit lowers

The deficit at the Central Bank of The Gambia has taken a nosedive, declining by 22.8 percent in less than a year since the ouster of former president, Yahya Jammeh. The Bank’s chief executive, Governor Bakary Jammeh said the account deficit at the country’s reserve bank declined from $59.9 million […]

Gambia to remove ex-leader’s face on banknotes
Economy

Gambia to remove ex-leader’s face on banknotes

Gambia’s reserve bank announced it will be printing new bank notes that will see the country’s ex-authoritarian ruler’s face taken off the West African nation’s currency. Yahya Jammeh printed his face on the Gambian dalasis in 2015 after criticizing the country’s first post-colonial leader, Sir Dawda Jawara for printing his […]