Investing.com -- S&P Global Ratings has confirmed its ’B-’ long-term and ’B’ short-term sovereign credit ratings on Angola on February 14, 2025. The outlook on the long-term rating is stable, with the ...

NEW DELHI: Brazil’s Petrobras is looking to buy stakes in African oil assets, mainly in Namibia, South Africa and Angola, to ...

The returns on equity at Angolan banks — at between 20 per cent and 30 per cent — exceed those of many African peers, Lopes says. This rests on heavy investment in government securities. Angolan banks ...

Egypt holds the highest outstanding credit from the IMF, followed by Kenya and Angola, according to the latest data. The ...

The Absa Africa Financial Markets Index reported significant market developments in 2024. In Africa, South Africa tops the ...

The Virtus Stone Harbor Emerging Markets Income Fund offers a high 14.31% yield, attracting income-focused investors. Click here to read why EDF is a Hold.

The court also convicted three people — a former high-level Trafigura employee, a former official with Angolan state oil company Sonangol, and an ex-Trafigura employee who had acted as an ...

Prosecutors alleged that Trafigura and others paid bribes of over $5 million via a network of intermediaries to the Angolan official to win oil deals from 2009 to 2011. Trafigura lawyer Jean ...

Chevron Corporation (NYSE: CVX) reported earnings of $3.2 billion ($1.84 per share - diluted) for fourth quarter 2024, compared with $2.3 billion ($1.22 per share - diluted) in fourth quarter 2023.

Switzerland's highest court has convicted the commodities trading giant Trafigura and one of its senior executives of bribery over payments made by the firm to gain access to Angola's lucrative ...

Kraken has introduced the @Kraktag, an identifier that allows users to send and receive payments in crypto or fiat currency. Credit: Ira Lichi/ Shutterstock. US-based cryptocurrency exchange Kraken ...

But they’re far from the most valuable out there right now. Hint: It usually helps if a country’s currency is backed by valuable oil reserves and a strict monetary policy. The Euro is the second-most ...