News
27 February 2020

Gambia seals Saudi financing for Banjul airport project

In:
Social infrastructure
Region:
Middle East & Africa

Gambia is set to receive $12 million from the Saudi Fund for Development (SFD) to upgrade and modernize the Banjul International Airport to meet the required standard in the aviation industry.

President of Gambia Adama Barrow presided over the signing of the funding agreement between the head of the Saudi delegation, Yousef Albassam as Advisor to the Managing Director of the SFD, who doubles as Chairman of the Arab Bank for Economic Development in Africa.

You might also like


Perspective
20 June 2025

CAF pushes the MDB hybrid envelope – but will others follow?

Latin American's CAF made headlines with its $500 million perpetual non-call 5.5-year hybrid this month. The entry of hybrid capital is the latest in a line of innovations...

Perspective
24 June 2025

Riding the gusts: Poland progresses offshore wind ambitions

Equinor and Polenergia have closed a landmark project financing for Baltyk 2&3 amid a flurry of activity in the offshore wind sector. Poland has big ambitions to establish a...