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…]
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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…]
Gambia: Nawec Boss Defends Electricity Deal With Senegal
The managing director of state-owned electricity and water utilities company, Nawec, has defended his decision to sign an energy deal with Senegal’s electricity company, SENELEC. Baba Fatajo said the deal is good for the Gambia and Gambians will benefit greatly from improved and more reliable energy supply. “The deal is good.[Read More…]
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