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AGP Executive Report

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Oil & Gas Deal: Eni has entered The Gambia with an offshore Block A1 offshore petroleum exploration development and production license, covering about 1,300 sq km in deep Atlantic waters, expanding its West Africa portfolio. IMF Support: The IMF says it will step up funding for Ethiopia, The Gambia and Burkina Faso, with The Gambia seeking a 20% augmentation of its existing program plus a six-month extension and rephasing; it also plans a new disbursement of about $8.5m for Gambia under its ECF arrangement. Fuel Prices: Government cut gasoil by D5 per litre via a D150m subsidy, aiming to ease costs for households, transport operators, farmers and manufacturers while petrol (PMS) stays at D112. Power Sector Watch: NAWEC says the latest power crisis is driven by maintenance and equipment rehabilitation, not debt, while GALA warns of a June 19 accountability deadline; separate reporting puts Nawec’s regional electricity liabilities at about US$58m, lower than earlier claims. Halal Trade Push: SMIIC is running awareness and training in Banjul to strengthen The Gambia’s halal quality infrastructure and certification systems, positioning the country as a regional halal hub. Telecom Taxes: Africell wins Gambia’s largest taxpayer award for the 7th time, citing over a billion dalasi in annual taxes. Regional Energy Integration: The World Bank reports West Africa power upgrades have expanded access to over 3 million people and built 4,000+ km of transmission lines across 15 countries. Labour & Education: Gambia’s University of Education staff begin a sit-down strike from 1 June over unresolved demands, while GAMTUB urges the Justice for All Movement to avoid a nationwide protest and instead use dialogue.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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May 19, 2026

Prenatal food supplements linked to better birth outcomes in global study

EIN Presswire


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Eni Enters Gambia with Offshore Oil and Gas Exploration License

Eni Enters Gambia with Offshore Oil and Gas Exploration License


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Jun. 2, 2026

US Strike Stops Vessel Heading Toward Iran

MENAFN

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May 31, 2026

US Says It Disables Vessel in Gulf of Oman Bound for Iran

MENAFN

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Feb. 4, 2026

Trade Policy Review: The Gambia

World Trade Organization

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Jan. 6, 2026

Death Toll from Gambia Boat Overturn Tops Thirty

MENAFN

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May 27, 2026

Micron Biomedical Expands Leadership to Mobilize for Pivotal Studies and Commercialization of First Needle-Free Dissolvable Vaccines and Therapeutics

GlobeNewswire, Inc.

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Dec. 1, 2025

Russia denounces Ukrainian ‘terrorist attacks’ on energy sites

MENAFN

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