A team of German investors led by Johannes Selleh, a German Member of Parliament, Tuesday paid a courtesy call on President Barrow of the Gambia at State House, Banjul. The delegation consists of business people in various sphere of development including agriculture, infrastructure, energy, development finance, sports business and expressed[Read More…]
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Gambia’s Utilities Company Unveils Major Power Deal Amid Recurrent Shortages
As Gambia urban areas continue to be confronted with recurrent power and water shortages, the state-owned National Water and Electricity Company (NAWEC) has announced major power deal with Turkish firm Karapowership, a member of the Istanbul-based Karadeniz Energy Group. The power deal is expected to boost the energy supply in[Read More…]
IMF Board Concludes Consultation With Gambia
The executive board of the International Monetary Fund (IMF) Thursday concluded the Article IV consultation with The Gambia. The Gambian economy has started to recover, following the sharp growth slowdown in 2016. For 2017, economic growth is estimated at 3.5 percent with a better agricultural season and a strong rebound[Read More…]
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