The Gambia government has clarified the impacts of human activities on the Tanbi wedlands as Banjulians are raising concerns about the continued depletion of the mangroves cover in the capital city. The Gambia government spokesperson, Ebrima G. Sankareh, told reporters Thursday that the Jammeh regime allocated in 2006 part of[Read More…]
Economy
Phase 2 Of Senegal LNG Project Needs $5bln – President
By Bate Felix The second phase of Senegal’s Greater Tortue Ahmeyim (GTA) gas project will need investments worth around $5 billion and could start in 2024 or 2025, Senegal’s President Macky Sall said on Thursday. BP (BP.L) and U.S.-listed Kosmos Energy (KOS.N) are leading the development of GTA and Yakaar-Teranga, Senegal’s first natural gas projects.[Read More…]
CBG Backtracks On Decision That Caused Acute Foreign Currency Shortages
The Central Bank of The Gambia (CBG) has backpedalled the decision that led to acute foreign exchange scarcity in the country in recent months. The CBG announced on Wednesday that customers can now deposit and withdraw from their FCD accounts in the approved currencies. It would be recalled that the[Read More…]