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…]
Tag: Central Bank of The Gambia
Concerns Mount Over Fate Of Withdrawn Dalasi Banknotes
Concerns over the fate of withdrawn Gambian banknotes continue to grow in several quarters. It’s the best operational practice in central banks across the world to withdraw mutilated and worn-out currency banknotes from circulation. The quality of the dalasi notes has rendered them susceptible to mutilation and wear and tear.[Read More…]
VP Muhammad Jallow: “Capital Markets Serve As An Essential Organized System”
Gambia’s Vice-President Muhammad Jallow has Friday reiterated the importance of capital markets, described them as “organized systems” that would allow the “free flow of capital, raised through debt or equity.” The country’s second-in-command made this remark today during the launching of the Gambia capital markets which was held at the[Read More…]
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