The Minister of Finance and Economic Affairs, Hon. Seedy K.M Keita has signed two financing agreements with the Islamic Development Bank (IsDB) during the 2025 IsDB Group Annual Meetings in Algiers, Algeria. The agreements are Loan financing of US$3 million and Grant financing of US$150,000.00 for the Supplementary Financing for Enhancing Value Addition in the…
Africa Finance Corporation (AFC) (www.AfricAFC.org), the continent’s leading infrastructure solutions provider, is convening the 5th edition of its Country & Stakeholder Symposium (CSS) tomorrow, April 8, 2025, from 12:30 to 14:00 WAT. This year’s theme, “Making Africa’s Institutional Savings Work Better for the Continent,” will spotlight the urgent need to bridge the financing gap in…
The ECOWAS Commission, through its Directorate of Customs Union and Taxation, has organised a four-day workshop to enhance the capacity of Member States in implementing regional tax expenditure reforms. The workshop, held from 24 to 27 March 2025, in collaboration with the World Bank, brought together representatives from the Ministries of Finance and Tax Administrations…
A number of revenue collectors from the Banjul City Council (BCC) were recently engaged by the Local Government Commission of Inquiry in an attempt to address alleged financial irregularities at the city council. This followed the emergence of a number of alleged irregularities before the Commission’s desk, which include financial mismanagement, cash suppression and mal-handling…
The Local Government Commission of Inquiry, which is probing the administrative and financial operations of local government authorities across The Gambia, has unmasked a scheme involving fraudulent contracts, manipulated documents, and misappropriated funds in a borehole drilling project in the North Bank Region. At the centre of the scandal is Nyakasi Kassama, the regional officer…
Gambia Revenue Authority’s Commissioner General Yankuba Darboe has underscored the graveness of the illegal flow of finances across borders and shores of Africa to other nations around the world. The national revenue generation kingpin hammered home the fact that illicit financial flows remain a grave threat, draining billions of money annually from Africa through tax…
International Monetary Fund Managing Director Kristalina Georgieva delivered the following remarks at the first meeting of the G20 Finance Ministers and Central Bank Governors in Cape Town, South Africa: “I would like to thank the Government of South Africa for hosting this week’s G20 meeting, and Minister Godongwana and Governor Kganyago for their leadership in…
On the sidelines of the 38th Ordinary Session of the Assembly of the African Union Summit in Addis Ababa, Ethiopia, African Heads of State, Government and Business Leaders convened for a Presidential Breakfast Dialogue to address the continent’s financing and investment gaps. The event was held under the theme “Africa at the Forefront: Mobilizing African…
The Gambia Immigration Department has set its revenue target for 2025 at two hundred million dalasis or more, according to the commissioner of finance Karalang Jarju. The GID finance commissioner disclosed that the GID is aiming to come up with a number of strategic initiatives to that effect. Commissioner Jarju was speaking at a press…
The Public Relations and Press Officer of the Gambia Police Force (GPF) has received a donation of studio equipment valued at over 1.6 million dalasis from the GIZ Police Programme. The programme is financed by the German Federal Office and co-financed by the EU. The donation, presented on Wednesday, January 29, 2025, is expected to…
