Angola: The BODIVA to proceed to its first IPO by end 2019
Friday, 03 May 2019 17:53
The recently created Angolan stock exchange Bolsa de Dívida e Valores de Angola (Bodiva) will proceed to its first IPO by end 2019, its director Patricio Vilar (photo), announced on May 2, 2019.
The director also indicated that five private firms showed “concrete interests” for listings on the BODIVA.
He did not reveal the name of the firms that will join the exchange but it is to be reminded that previously, the government announced that 74 public firms would be privatized to attract foreign investors. The stated goal was to boost an economy that has been ailing with the decrease of oil prices since 2014.
The Bodiva launched its first operations in December 2014 with sovereign bonds’ trading.
Live News
-
Standard Chartered Books $10 Million Loss on Divestment in Cameroon and Gambia
15:31
-
Zambia Expands Solar Power to Shore Up Its Hydropower-Reliant Energy System
15:23
-
Tanzania’s Mwanza–Isaka Rail Link Nears Completion at 68%
15:07
-
As Sugar Imports Climb, Tanzania Courts Investors to Revive Output
14:57
-
Cameroon Seeks AfDB and ATIDI Guarantees for CFA585bn Market Borrowing
14:02
-
Atlantic Group Steps Up Investment in Cameroon’s Growing Cement Market
13:49
-
MTN Transfers CFA400 Million in Subscriber Deposits to Cameroon’s State Depository
13:43
-
Cemac Financial Forum Puts Infrastructure Financing in Focus
13:29
-
Togo Claims Africa and Indian Ocean Gold at Cocoa of Excellence 2026
12:36
-
MedSen Drives School Health Digitization Across Senegal
12:32
ECOWAS central bank governors reaffirm a 2027 target for launching the Eco. Nigeria signals...
West African Development Bank (BOAD) launched preparation of its 2026–2030 strategic plan wit...
Investigation targets alleged breaches of Nigeria’s 2023 data protection law Platform processes p...
BOAD appointed Adji Sokhna M’Baye as Chief Executive Officer of BOAD Market Solutions, its new str...
Algeria plans to launch construction of the $13 billion Trans-Saharan Gas Pipeline (TSGP) a...
Zambia signs deal for 118 MWp solar plant in Southern Province. Project aims to diversify power mix and reduce hydropower risks. Solar...
Mwanza–Isaka SGR segment reaches 68% completion. Project is final lot of phase one linking Dar es Salaam to Mwanza. Rail upgrade aims to cut...
Government aims to attract local and foreign investment into sugar industry. Annual demand stands at 700,000 tons, well above local...
AfDB and UNDP aim to mobilize up to $10 billion for AI development by 2035. Funds will target data infrastructure, computing capacity,...
Located about 500 kilometers southwest of Cairo, between the oases of Bahariya and Farafra, the White Desert stands out as one of Egypt’s most distinctive...
The University of Lomé on Wednesday opened a fossil and rock exhibition hall showcasing specimens from the country’s coastal sedimentary basin. Led by the...