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
-
Spacecoin secures licenses to roll out satellite connectivity in Kenya and Nigeria
08:26
-
BEAC rules out CFA franc devaluation despite growing rumors
08:10
-
Gulf states show growing interest in African graphite
07:51
-
WAEMU’s new platform for secondary bond trading nears launch
06:42
-
Camtel seeks CFA52bn from local banks for nationwide network expansion
03:10
-
Togo Projects 2026 Mining Royalties At 10.38 Billion CFA Francs
17:45
-
Togo Consolidates African Union Peace Efforts in DRC With U.S. Support
17:37
-
Burkina Faso Courts Egyptian Tech Investors for Public Sector Digitization
17:14
-
Nigeria Turns to Space Technology to Fight Illegal Mining
17:10
-
Tuzzo Converts Social Media Traffic Into Sales Growth in Ivory Coast
17:06
Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...
Nigerian fintech Paystack launches Paystack Microfinance Bank Bank created after acquiring ...
Microfinance deposits in Togo increased by CFA11.9 billion, a 2.7% rise in the second quarter of 2...
Nigeria granted Amazon Kuiper a seven-year license starting February 2026 The move opens comp...
Tether partnered with the United Nations Office on Drugs and Crime to strengthen digital asset cyb...
The US firm will pilot satellite internet projects in Kenya and Nigeria Licenses target underserved rural and peri-urban areas The model...
UAE and Saudi Arabia plan graphite processing plants fed by African mines Projects rely on supply from Madagascar and Namibia The push tests...
Copper output fell 8% in 2025 to 370,000 tons Production is expected to recover gradually, reaching up to 480,000 tons by 2028 Growth is...
Montage Gold brings forward first gold pour at Koné to Q4 2026 About $545 million, or 63% of planned investment, has already been...
Bamako hosted the first International Festival of African Documentary (FIDAB) from January 16 to 18, 2026, screening 12 African films. UNESCO...
Located at the mouth of the Senegal River, about twenty kilometers from the Atlantic Ocean, Saint-Louis Island holds a distinctive place in the country’s...