The Cement Importers and Agents Association of The Gambia has appealed to the Gambian leader Adama Barrow to reconsider his government’s 180% cement tariffs, indicating that its members have been struggling to recover from the devastating impact of the tariffs on their businesses. The association also clarified that importing cement[Read More…]
Economy
Gambians Get Only 4% Of Revenue Generated At Banjul Port – Reveals Lare
Gambians now directly benefit only 4% of the revenue generated at the Banjul Port thanks to the concession agreement that President Adama Barrow’s government entered into with Albayrak Group, a senior opposition figure Lare Sisay highlighted. Sisay, who served with the United Nations for two decades, also highlighted that Albayrak[Read More…]
Afreximbank Signs $75 Million Currency Swap Deal To Boost Gambia’s Road Infrastructure
The African Export-Import Bank (Afreximbank) has signed a five-year, $75 million cross-currency swap agreement with the Central Bank of The Gambia (CBG) to support critical infrastructure development across the country. The deal, signed during the 32nd Afreximbank Annual Meetings held in Abuja from June 25 to 28, is aimed at[Read More…]
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