Goodyear Tire & Rubber Co. has agreed to pay more than $16 million to settle Securities and Exchange Commission charges that the company’s units in Kenya and Angola bribed government entities and private companies to land tire sales.

The SEC said Goodyear failed to prevent more than $3.2 million in bribes, generally paid in cash to employees of the organizations, during a four-year period due to inadequate compliance controls at units in sub-Saharan Africa.

...