The proposed investment was disclosed during a meeting between President Bola Tinubu and APM Terminals’ Africa-Europe Regional President, Igor van den Essen, on the sidelines of the Africa CEO...
The world’s largest sovereign wealth fund manager, Norges Bank Investment Management, is exploring potential investment partnerships with Africa’s leading industrial conglomerate, Dangote Group, following high-level talks between both parties....
HSBC Holdings Plc has not yet deployed its nearly $4 billion in dry powder from its asset managers’ private credit funds. Last year, the bank announced that it would be...
The Zacks Foreign Banks Industry is likely to operate in a mixed and increasingly divergent environment in 2026. A fragmented global interest rate backdrop will create uneven net interest income (NII)...
Before Russia’s 2022 invasion of Ukraine turned it into the new pariah of the West, Iran was the most sanctioned country on Earth: more than 3,600 economic sanctions imposed...
The US Treasury Department on Monday announced it has reached a $275 million settlement with India’s Adani Enterprises over apparent violations of sanctions against Iran. The announcement is the latest...
Asia Pacific banks may have to raise their loan loss provisions further in the near term as the Iran conflict darkens economic prospects in the region heavily reliant on...
The US-Israeli war with Iran has already cost companies around the world at least US$25 billion (RM99.4 billion) — and the bill is climbing, according to analysis. A review...
Indian oil refiners are structurally equipped to handle potential disruptions after the United States allowed its key sanctions waiver on Russian seaborne crude purchases to expire. Petroleum Minister Hardeep...
British HSBC set up an investment vehicle worth $4 billion to fund energy transition technology from China, including wind and solar power, electric vehicles, data centers, and artificial intelligence....