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Baft launches Africa council
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 […]
Ceasefire or capitulation? Iran retreats after strikes on its nuclear sites
On June 23, 2025, U.S. President Donald Trump announced a ceasefire between Iran and Israel, ending a 12-day conflict that had pushed the Middle East to the edge of a regional war. But while the announcement was framed as a diplomatic breakthrough, the facts on the ground suggest a different reality: Iran was forced into […]
Nigeria’s Crisis Rings Alarm Bell in Algeria
Nigeria’s President Muhammadu Buhari comment saying that his country has suddenly became a poor country, resounded in Algiers as an alarm bell on the repercussions of the plummeting oil prices. Like Algeria, Nigeria depends on oil whose prices crashed to 37 dollars a barrel, and in the best cases oscillate between 40 dollars and 45 […]



