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Finance & Markets

Angola Raises $224 Million From Standard Bank Unit Stake Sale

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.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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Brazil Inflation Expectations for 2026 Rise to 4.99%, Above Target Range

Economists polled by Brazil's central bank expect 4.99% inflation in 2026, above the 4.5% limit, though actual 12-month inflation is 4.22%.

  • Brazil's inflation expectations for 2026 rise to 4.99%, exceeding the 4.5% tolerance limit.
  • Actual inflation rate over the past year is 4.22%, still below the limit.
  • Policymakers monitor expectations closely as they influence prices and inflation control.

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