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Republic of The Gambia

No Open Banking

The smallest country within mainland Africa, the Gambia, is in West Africa.

The Gambia’s internet penetration rate stood at 51 % in 2022. Mobile connections in the Gambia were equivalent to 167% of the total population in January 2022.

The Gambia Financial Inclusion Survey is looking to assess the inclusion process by 2025. The Gambia’s National Financial Inclusion Strategy 2021-2025 stated a desire to “reduce the percentage of adult financially excluded Gambians from 69% in 2019 to 30% by 2025. The number of Gambians included in the formal sector will increase from 19% in 2019 to 70% by 2025.”