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Bloomberg

Angola Seeks to Raise About $320 Million in Nation’s Biggest IPO

Tuesday, July 7, 2026


Angola plans to sell shares in Unitel SA, the country's largest telecommunications operator, to raise approximately $320 million. The proceeds will support the government's budget and expand Angola's capital markets. Unitel is a major telecom company in the oil-producing nation.

Original reporting: https://www.bloomberg.com/news/articles/2026-07-07/angola-seeks-to-raise-about-320-million-in-nation-s-biggest-ipo

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