Business Africa
The Gambian government has said it had signed a contract with BP to explore oil and gas off its coast. The government of President Adama Barrow is trying to build up Gambia’s oil and gas sector as a way of reviving an economy gutted by more than two decades of autocratic rule under former President Yahya Jammeh. In a brief statement, Barrow’s office said he had met BP representatives at the presidential palace. But they gave no further details.
We speak to Momodou Sabally, an economist and a former Minister under Yahya Jammehs’ regime who’s based in Banjul to know the essence of this new deal to the tiny West African nation.
01:53
Turkey, Somalia to start first offshore drilling project at Somalian coast
01:11
Dangote refinery exports surge amid disruptions linked to the Iran war
Go to video
Oil price steadies for now but cost of petrol soars around the world
00:48
Kenya fuel retailers running short of supplies amid Middle East war
01:49
Oil: Nigeria's Dangote says will prioritise domestic fuel market
01:10
Oil prices surge, Asian stocks fall over Iran conflict