Business

The Executive Director of the National Youth Council (NYC), Lamin Darboe has advised young Gambian entrepreneurs to make the best use of their connections, stressing that networks have become net worth. He was speaking at the Gambia Youth Chamber of Commerce ahead of the second edition of the Youth Trade Fair on agribusiness and tourism…

The Gambia, through TAF Africa Global, has invited dozens of investors fondly called the Big Boys from Nigeria to explore potential investment opportunities in the country. This is part of the Public-Private Partnership agreement which gave TAF Africa Global 160 hectares at the Yundum International Airport for development purpose. The two-day…

Gambians Sunday experienced digital blackout after internet connections across the country went down for up to eight hours for many consumers. Internet lines from the service providers went off at around 6pm, interrupting businesses and communication. A message from Africell to its customers last night said: “Dear subscriber a fault on the ACE…

Their activities are underreported and their services are hardly celebrated. But women gardeners at Banjulinding Women’s Horticultural Garden have more than two decades been pushing Gambia’s household food and nutrition security. It started in 1989 as a small community farming association with one hectare piece of land. According to agricultural…

LumoXchange, a financial technology (FinTech) money transfer company, announces the nationwide expansion of its innovative money transfer service based in the U.S. The company launched its service in 4 states last summer and has now expanded it service to all 50 states. Based in Little Rock, Arkansas, LumoXchange is the first company in the…

The Gambia Women Chamber of Commerce (GWCC) has been launched to formalize women’s informal businesses and to help them grow. To kick off the program, a D50 million loan package has been set up to support women’s organizations to empower their members. According to Beatrice A. Mboge, the Chief Executive Officer of GWCC, women businesses need…

In Memeh village in the North Bank Region, Saidou Cham, a 63-year-old fisherman arranges his fish on the floor under a mango tree waiting for buyers. For him, fishing is a family legacy he inherited from his father. “I started fishing when I was very young,” he says. My grandparents were fishermen. My father was a fisherman, and it was natural…

You may have noticed in recent days that whenever you walk into a bank or use an ATM to withdraw cash, you are bombarded with dirty, smelly and mutilated bank notes. In fact some of the notes are so mutilated that you need tape or other adhesive material to fix them for use. Several customers of the various commercial banks have been complaining…

Across the border in Senegal, BBC on Monday exposed how British oil giant British Petroleum or BP allegedly promised up to $10 billion to Frank Timis, a Romanian-Australian mining tycoon whose business dealings gained international notoriety for alleged corruption, in exchange for a stake in gas licences off the coast of Senegal. In a country…

When Gambian businessman Fady Hocheimy received a cocoa plant as a present from his Ghanaian employee a decade ago, he didn’t think much of it. To him, it was just any other present. He planted the tree in his backyard. For many years it would bear fruit all year round, and for many years the fruits would ripe and drop off the tree and go to waste.…