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Find all the economic and financial information on our Orishas Direct application to download on Play StoreOn Friday, September 5, 2025, the Angolan bank Banco
de Fomento Angola (BFA) has started its process of entering the stock market
local, as part of the national privatization program (ProPriv)
2023-2026.
The listing of Banco de Fomento Angola on the stock exchange is
as part of a comprehensive program to privatize state-owned enterprises.
The transaction aims to open up strategic sectors to competition for
stimulate growth and reduce the heavy dependence of the Angolan economy
with oil.
In reality, the Angolan state has a
51.9% indirect stake in BFA through
the telecommunications operator Unitel, while the Portuguese bank Bank Português de Investimento (BPI)
owns 48.1% of the capital.
BFA will be the third Angolan bank listed on the stock exchange after Banco Angolano de Investimento (BAI) and Caixa Angola. It achieved a net profit of 205.8 billion kwanzas in 2024, with a return on equity of 33.7%, according to data presented to investors on Thursday September 4.
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09/09/2025 - Secteurs
09/09/2025 - Secteurs
09/09/2025 - Secteurs
09/09/2025 - Secteurs
09/09/2025 - Secteurs
08/09/2025 - Secteurs
08/09/2025 - Secteurs
09/09/2025 - Secteurs
09/09/2025 - Secteurs
