(JollofNews) – FAR Ltd, an Australian Securities Exchange listed oil and gas company has entered into a definitive farm-out agreement to acquire an 80 per cent interest and operatorship of Erin Energy Corporation’s offshore A2 and A5 blocks in the Gambia. As part of the deal announced on Monday, Erin[Read More…]
Economy
Exclusive: How Money Flowed To Gambia’s Ex-President
(JollofNews) – Funds from a dollar bank account in the name of the Jammeh Foundation for Peace, a charity founded by Gambia’s former president Yahya Jammeh, flowed to Jammeh himself, not to foundation projects, according to bank records and interviews with a former charity official and a former presidential staff[Read More…]
IMF Staff Concludes Visit To The Gambia
(JollofNews)- An International Monetary Fund (IMF) team, led by Mr. Ulrich Jacoby, visited The Gambia from February 16-22, 2017, to hold discussions with the new government, which came into office in early 2017. At the end of the visit, Mr. Jacoby issued the following statement: “Discussions centered around economic developments[Read More…]