Gambia: AfDB gives US$5m for fisheries project

The Gambian parliament has ratified a Supplementary Loan Agreement amounting to about US$ 5 million from the African Development Bank (AfDB) for the financing of Artisanal Fisheries Development Project, according to official sources. The repayment period of the loan has been spread over 20 years after a seven-year grace period starting from the date the agreement was signed.