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Foday Joof

Risk Management Officer
Central Bank of The Gambia
Member since
31 May 2023
Location
Banjul
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1
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10
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Followed by John Sims, Martha Boyle and 5 others you follow

Bio

Foday Joof is a sustainable finance specialist and resource economist. He is a Ph.D. scholar in Finance from Eastern Mediterranean University, specializing in Financial Market Spillovers, Financial Econometrics, and ESG Considerations. Currently, a Ph.D. fellow in environmental sustainability at the University of Ottawa, Canada, focusing on resource economics. Foday is ranked 15th among the top 100 scientists in The Gambia and 2st in social sciences by the AD Scientific Index. He currently serve as an Economist at the Modeling and Forecasting Unit, Economic Research Department of the Central Bank of The Gambia.

Experience

Risk Management Officer
Central Bank of The Gambia
To Present
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Latest opinions

Foday Joof

Remittance at Risk: What a U.S Levy Means for The Gambia

The Context According to the United Nations Network on migration, an estimated 10 percent of The Gambia’s total population were living abroad in 2023 in search of better opportunities[1]. Over the past decade, private remittance inflows to the country have more than doubled. Data from the Central Bank of The Gambia (CBG) show that official remi

27 May 2025

Foday Joof

Survival not Growth: How Gambia’s Financial Ecosystem Entrenches Poverty

Context In most modern economies, access to credit is a catalyst — a tool that enables people to build, grow, and invest in their future. But in The Gambia, our financial system tells a different story: one where consumption replaces investment, and survival trumps prosperity. We remain a predominantly cash-based economy, where financial services ...

18 April 2025

Foday Joof

An Update on The Gambia’s Exchange Rate Market Pressure Index

Introduction The exchange rate market pressure (EMPI) was introduced by Joof (2024)[1] to serve as an early warning signal to detect potential currency crises in The Gambia. This blog intends to provide an updated analysis on the country’s currency volatility, focusing on the developments up to the first half of March 2025; and assessing whether t...

28 March 2025

See all 10 opinions by Foday

Foday writes about

  • sustainable
  • markets

Foday's opinion archive

  • 2025 (5)
  • 2024 (4)
  • 2023 (1)

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