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Angola raised 208.5 billion kwanzas ($224 million) from the sale of a 34% stake Standard Bank Group Ltd.'s local unit, with investor demand almost double the shares offered and Africa's biggest lender boosting its controlling interest in the lender....
Angola plans to raise as much as 208.5 billion kwanzas ($228 million) from the sale of a 34% stake in Standard Bank de Angola SA previously held by a jailed former insurance tycoon....
Angola agreed with JPMorgan Chase & Co. to rollover a $1 billion loan and secured an extra $500 million in financing from the US lender, according to the finance ministry....
Angola has agreed with JPMorgan Chase & Co. to rollover a $1 billion loan that was due at the end of this year, according to the country's finance ministry....
JPMorgan Chase & Co. will provide dollar clearing services in Angola, becoming the first US bank to return to the country's financial system after years of compliance restrictions....