Senegal’s economy will grow 5% in 2021 thanks in part to solid industrial output, the International Monetary Fund said on Wednesday, revising up a previous forecast of 3.5% growth for this year. The Fund said it had reached a staff-level agreement with the West African nation that could pave the[Read More…]
Economy
Gambia To Get US$6.97 Million Credit From IMF
The Executive Board of the International Monetary Fund (IMF) completed the third review of the arrangement under the Extended Credit Facility (ECF). The completion of the review enables the release of SDR 5.0 million (about US$6.97 million), bringing total disbursements under the arrangement to SDR 40.0 million (about US$55.75 million).[Read More…]
Gambia: Barrow To Commission OMVG Brikama, Jarra Soma Substations
President Adama Barrow of the Gambia will Friday commission the first OMVG hydro-electric power station connecting communities from Jarra Soma, Lower River Region to Brikama, West Coast Region. The project is a part of The Gambia’s Energy Roadmap and one of the cheapest and clean sources of energy. The ceremony[Read More…]
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