Business

The International Monetary Fund on Thursday forecast that Africa's economic rebound from pandemic-induced shrinkage would be weaker than in the rest of the world in 2021 and 2022. Low rates of vaccination against COVID-19 across the continent top the list of reasons for the slower recovery, the Washington-based institution said in a biannual…

The Government of The Gambia has given more time to Oslo-listed oil and gas company PetroNor to enable the company to progress its ongoing discussions over its A4 offshore license with potential partners. The Gambian government has granted PetroNor a one-year extension to the Longstop date of the A4 offshore license until October 18, 2022. The…

Australian Operator FAR says the targeted spud date to drill the Bambo-1 exploration well offshore The Gambia is Nov. 13. Exceed’s a wells management team in Aberdeen is supporting planning and execution of the well, with Schlumberger providing various services, and the shore base for the project, in Dakar, Senegal, is ready to support the…

Damel Carayol is a visual artist engaged in portraiture through the media of oil and acrylic paint. Damel was born in the Gambia but his family moved to the UK when he was nine. He seeks to deliver a better understanding of who we are as a 'oneness, encapsulated in historical account and religious doctrine - to extract Black contributions, Black…

Facebook is appealing a Gambian request for internal records linked to a Myanmar genocide case, filings show. On Wednesday, the company challenged part of a judge's order in favor of the Republic of The Gambia that would require the tech giant to release internal documents and private user content connected to the genocide of 24,000 Rohingya…

Gambia's President Adama Barrow has hailed China-Gambia bilateral ties saying cooperation between the two countries has helped facilitate key development projects. The president was speaking over the weekend when he presided over the inauguration ceremony of $81 million worth of roads and bridges in the country's Upper River Region supported by…

Uber is facing court action over claims its software racially discriminates against non-white drivers – and campaigners want answers from Transport for London too. The private hire firm introduced facial recognition software in 2020 after TfL threatened not to renew its license over safety fears. One of the men suing Uber, Pa Edrissa Manjang, has…

The name of the UK company investing in troubled Gambian operator Comium and, importantly, promising to rid it of its outstanding debts has been revealed. It is Monty Mobile. Founded in 1998, Monty Mobile positions itself as a leading VAS and telecom solutions provider and an international SMS wholesale intermediary hub, working closely with…

The Management of Comium GSM company has indicated that their partner investors are willing to settle the arrears the company is owing to the Public Utility Regulatory Authority (PURA). Comium came under suspension after the company failed to settle a 65 million dalasi arrears to PURA. The company was given an ultimatum to settle the fees as of…

A Spanish seafood company, Congelados Maravilla SA has announced that it has secured a contract to establish a subsidiary company in The Gambia to directly access the raw materials it transforms and sells in the European Union market. In a statement published Tuesday, the company says "we are creating our own subsidiary of Congelados Maravilla SA…