IN RESPOND TO DOU SANNO
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African Solidarity Fund vows to support Gambia's economic transformation
Author: Pa Modou Cham Following the Gambia's accession to the African Solidarity Fund (ASF) in June 2023, the mission is currently in the country for a seven-day visit to interact with different stakeholders in the private and government sectors on how to provide various financial guarantee products to enable access to finance. The African Solidarity Fund (ASF) is a multilateral, financial guarantee institution and its purpose is to contribute to the economic and social development of its regional member states by facilitating access to credit for states and public and private enterprises in its area of operation, to finance productive investment projects, and to mobilize local and external savings, in particular by providing loan guarantees on the financial markets. In a briefing held at the Ministry of Finance at Banjul, Abdoulie Jallow, Permanent Secretary at the Ministry of Finance told journalists that ASF visits to support both sovereign and nonsovereign operations while addi...
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