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Economy and Finance
YCELL Acquires 80% Stake in GAMCEL in Landmark GMD 6.1 Billion Investment
By Staff Writer
The Gambia Telecommunications Company Limited (GAMTEL) and YCELL Co. Ltd., a subsidiary of the Yonna Group of Companies, have signed a share investment and network modernization agreement that officials say will…
African Finance Ministers Press for Debt Relief and Industrial Shift at Banjul Caucus
Seedy Keita, Minister of Finance and Economic Affairs
By Seedy Jobe
Africa's finance ministers and central bank governors concluded a three-day summit in the Gambia on Wednesday with a unified call for sweeping changes to the global…
Dangote Tells African Policymakers: Industrialization Is the Only Route Out of Poverty
Alhaji Aliko Dangote, CEO of Dangote Industries Limited
By Seedy Jobe
Aliko Dangote, Africa's wealthiest industrialist, told a gathering of finance ministers, trade officials, and diplomats on Tuesday that the continent has no…
Gambia Hosts African Caucus, With Barrow Pressing for Investment and Debt Relief
By Seedy Jobe
President Adama Barrow opened the 2026 African Caucus on Monday, urging international financial institutions and development partners to do more to close Africa's vast infrastructure and financing gaps, as the…
Gambia Hosts African Finance Summit Amid Calls to Close the Continent’s Investment Gap
By Seedy Jobe
Finance ministers, central bank governors, and senior officials from across Africa gathered in the Gambia on Monday for the 2026 African Caucus, a three-day summit focused on unlocking investment, spurring innovation,…
Finance Minister Says Government Meets Statutory Deadline for Audited Public Accounts for First Time…
Seedy Keita, Minister of Finance & Economic Affairs
By Fatou Sillah
The Minister of Finance and Economic Affairs, Seedy Keita, on Tuesday presented the Auditor General’s Report on the Government of The Gambia’s Financial…
Finance Minister Says Government Revenue Reached D33.1 Billion in 2025 as Audit Opinion Improves
Seedy Keita, Minister of Finance & Economic Affairs
By Fatou Sillah
The Minister of Finance and Economic Affairs, Seedy Keita, on Tuesday informed the National Assembly that government revenue reached D33.1 billion in 2025, while…
Barrow Says Electricity Supply Has Stabilized, Announces Fuel Price Cut From July 1
By Makutu Manneh
President Adama Barrow on Saturday announced that electricity supply across The Gambia has stabilized and said fuel prices will be reduced beginning July 1, as he addressed the commissioning of the National…
Trade Minister Rules Out Price Controls, Defends Gambia’s Free-Market Stance
Mod K. Ceesay, Minister of Trade, Regional Integration and Employment
By Fatou Sillah
The government of The Gambia has no intention of imposing controls on food prices and will continue to let market forces set the cost of essential…
The Gambia Secures $250 Million Trade Financing Framework With ITFC
By Makutu Manneh
The Gambia has signed a new $250 million strategic financing framework agreement with the International Islamic Trade Finance Corporation (ITFC), aimed at boosting trade and accelerating economic growth over the…