The United Nations has condemned Madagascar’s latest military coup, calling for a swift return to constitutional order following the swearing-in of Colonel Michael Randrianirina as interim president. The move comes after weeks of youth-led protests over power and water shortages that killed at least 22 people and injured over 100. UN Secretary-General António Guterres, through […]
A press release from the International Monetary Fund (IMF) has announced that Tunisia’s Stand-By Arrangement (SBA) for a loan around $1.75 billion has been extended to the end of year in order to give time to the authorities of the North African country to “implement the policy measures needed to deliver on forward-looking commitments—notably on […]
The Bankers Association for Finance and Trade (Baft) has launched earlier this June a regional Africa council, bringing together senior banking leaders from institutions across the continent to provide guidance for the association’s members locally. The council will look to address common challenges faced by banks in Africa, including capital treatment for trade finance, transition […]
