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Africa Business News

Gambia Tender and Business News

Gambian Supreme Court Issues Rulings on Press Freedoms

The Gambian Supreme Court issued a decision on May 10 to declare the crime of criminal defamation unconstitutional. The Committee to Protect Journalists (CPJ) applauds that, but raised concerns about other segments of the country's criminal code on sedition and false news being upheld.

Malawi Becomes Member of the African Finance Corporation

The African Finance Corporation, a Nigeria-based multilateral institution focusing on African infrastructure investments, just announced that the Republic of Malawi has joined AFC as only the second Southern African member country.

IATA Launches Single African Air Transport Market Push

As a part of the African Union (AU) initiative, the International Air Transport Association (IATA) has announced the launching of the Single African Air Transport Market (SAATM) with the goal of opening up Africa's skies and improving intra-African air connectivity.

IMF Releases US $16.1M for The Gambia to Meet Balance of Payments Needs

The Gambia has just been granted emergency financial assistance under the Rapid Credit Facility (RCF) of the Washington, D.C.-based International Monetary Fund (IMF) in a total amount of SDR 11,662,500, or about US $16.1 million. The financing will be used to address urgent balance of payments needs in the country.

ICD Provides Arab Gambian Islamic Bank with $5M Line of Finance Facility

The Arab-Gambian Islamic Bank, Agib Bank Ltd. (AGIB.gm), and the Islamic Corporation for the Development of the Private Sector (ICD-PS.org), headquartered in Saudi Arabia, just announced they will be funding private sector companies in The Gambia, thanks to a new Joint Strategic Collaboration agreement between the parties.

Zambia Urged to Stay With The International Criminal Court

A group of African organizations and international NGOs with a presence in Africa are urging Zambia to reaffirm its membership in the International Criminal Court. They do so saying it is the best way to advance justice for victims of atrocities.

Dire Warnings But Also Hope as IUCN Environmental Congress Opens

A congress billed as the world’s largest ever to focus on the environment has opened to warnings that our planet is at a “tipping point” but also with expressions of hope that governments, civil society and big business are learning to work together.

SMEs in African Forestry Companies Receive Specialized Timber Business Training

Mr. Erasmus Philip Ahorlu, an entrepreneur from Ghana, provided targeted training recently on the Timber Legality Assurance System (TLAS) and Voluntary Partnership Agreement (VPA) and their environmental benefits. Master craftsmen and organizational leaders of Small to Medium Forest Enterprises from Gambia, Mali, and Senegal were in attendance.

Balancing the Needs of Agriculture and Forestry for Food Security

Effective food security planning cannot just allow agricultural expansion to run rampant across the world's forests and continue to drive massive deforestation on a global scale. A balance must be struck between the needs of the forest and its industries and the needs of agro-business as it works to feed a growing world.

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