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Gambia-cement-market-stabilization

MoTIE Asserts that the Cement Market is Stable Despite Supply Concerns, While Importers are Urging for Open Competition

The Gambia’s cement market stabilizes post-supply chain issues with new shipments, but the Cement Importers Association highlights high prices due to import reliance and oligopolistic practices, advocating for competition and Senegal-sourced cement.

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Gambia-remittances-2025

The USA is the Largest Source of Remittances to Gambia

In early 2025, the U.S. accounted for 26.3% of Gambia’s remittances, boosting private inflows to US$207.9 million, stabilizing the dalasi, and reducing the current account deficit, though a high trade deficit persists due to fuel and food imports.

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Iran-Israel-missile-strikes

Iran responds to the Israeli attack with additional missile strikes

Iran’s missile strikes on Israel, killing two, followed an Israeli attack on Tehran’s nuclear program, escalating tensions as Israel intercepts drones and U.S.-Iran nuclear talks face uncertainty.

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China-Africa-Economic-Partnership

China to Eliminate Tariffs on Goods From all African Countries

China announced duty-free market access for all African countries at FOCAC 2025, expanding trade ties after surpassing the US as Africa’s top trading partner with $300 billion in 2024.

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West-Africa-Economic-Summit

Nigeria Sends a Special Envoy to President Barrow Ahead of the West Africa Economic Summit in Abuja

President Adama Barrow of The Gambia received an invitation from Nigeria’s Ambassador Ojukwu for the West Africa Economic Summit in Abuja, June 20-21, 2025, to enhance trade, integration, and peace, strengthening Gambia-Nigeria ties.

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