The Gambia Chamber of Commerce and Industry is advising foreign nationals interested in conducting business in The Gambia to seek their guidance to avoid fraudulent dealings. The Gambia's media outlets are urged to report on instances of fraud, specifically those involving the swift money transfer service, Wave, as part of a nationwide campaign to protect small businesses from financial collapse due to deceitful practices.

An audit has revealed that the managing director of The Gambia's Social Security and Housing Finance Corporation (SSHFC) approved a 9.8 million euro loan for the government to purchase buses without board approval. The Public Enterprises Committee of the National Assembly discovered this irregularity during a review of the corporation's 2022 activity report and audited financial statements. The SSHFC has been asked to rectify its internal procedures before the report can be accepted.

The Gambia's Ministry of Finance and Economic Affairs (MoFEA) has concluded an eight-day Debt Sustainability Analysis (DSA) training to enhance the country's debt management capabilities. The training, conducted in partnership with the West Africa Institute for Financial and Economic Management (WAIFEM) and funded by the Africa Legal Support Facility (ALSF), involved officials from various Gambian financial institutions. The initiative aims to address institutional capacity challenges and foster inter-agency coordination for effective and sustainable debt management.

The Gambia's Federation of Cooperatives has been disbursing funds for groundnut purchases through the AGIB bank account into the Qmoney account of the CPMS, with over 500 million dalasi already disbursed this season. However, some farmers have experienced challenges receiving their payments without deductions or delays. The system operators have conducted an assessment and disbursed more money to improve the process.

The Social Security and Housing Finance Corporation (SSHFC) has implemented a new Management Information System (MIS) to promote transparency, accountability, and efficiency. The system allows institutions and customers to access services and lodge complaints digitally, facilitating better collaboration and service delivery.