(JollofNews) – The Executive Board of the International Monetary Fund (IMF) Monday approved emergency financial assistance under the Rapid Credit Facility (RCF) in the amount equivalent to SDR11,662,500 (about US$16.1 million) for the Gambia to enable the authorities to meet their urgent balance of payment needs. In addition, the Board[Read More…]
Economy
Senegal To Supply Gambia Electricity
(JollofNews) – The Government of the Gambia is negotiating a deal to source electricity supply from neighbouring Senegal, the country’s Interior minister has announced. Mai Ahmad Fatty said under the deal which is at an advanced stage, Senegal’s national electricity company, Senelec will power up Gambian communities that are currently[Read More…]
Royal Africa Holdings Deny Links With Gambia’s Ousted Ruler
(JollofNews) – We, the board of directors of Royal Africa Holdings, hereby strongly refute, reject and challenge the verity of decision couple with legitimacy of the process that led the Government of the Gambia to include our companies’ names on the list of close associates of former President Yahya Jammeh.[Read More…]
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