Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › Angola Raises $321 Million Through Nation’s Biggest IPO
Business & Finance

Angola Raises $321 Million Through Nation’s Biggest IPO

Bloomberg Technology Monday 27 July 2026, 18:55 UTC By Candido Mendes 1 min read
Key Points

Angola has raised 300.3 billion kwanzas ($321 million) through the sale of 15% stake in state-owned wireless operator Unitel SA, marking the southwest African nation’s biggest initial public offering.

Angola has raised 300.3 billion kwanzas ($321 million) through the sale of 15% stake in state-owned wireless operator Unitel SA, marking the southwest African nation’s biggest initial public offering.
Angola (LOCATION) Biggest IPO Angola (ORG) Unitel SA (ORG) African (ORG)
Originally published by Bloomberg Technology Read original →

Related Stories

Nvidia's potential $250B backstop for OpenAI is another strike against the AI trade

Nvidia may lend financial support to OpenAI to help the ChatGPT creator secure access to an enormous data center project being built in Ohio. The chipmaker's potential assistance shows exactly why our stock-picking approach has broadened out at this stage of the AI boom. Late Sunday, the Wall Street Journal reported that Nvidia is in discussions to offer a roughly $250 billion backstop for OpenAI as the Sam Altman-led startup looks to lease a proposed 10-gigawatt data center in southern Ohio.

CNBC 40m ago

Trump administration asks Supreme Court to intervene to allow mail-in voting restrictions

A voter drops their ballot at an official ballot drop box inside City Hall during a primary election in San Francisco, California, US, on Tuesday, June 2, 2026. David Paul Morris | Bloomberg | Getty Images The Trump administration on Monday asked the Supreme Court on to intervene in a legal fight over President Donald Trump's executive order restricting mail-in voting, escalating the dispute 99 days before the November midterm elections. The emergency request came after a federal appeals...

CNBC 40m ago

As Communities Unite Against Europe’s Wildfires, Politicians Trade Blows

Wildfires in Europe have fueled political spats.

NYT World 50m ago

XP Founder Urges Brazil to Fix Deficit as Election Debate Looms

Guilherme Benchimol, the founder and chairman of brokerage firm XP Inc., has a warning: A meaningful fiscal overhaul is essential if the country is to bring interest rates down and create a better environment for investing.

Bloomberg Markets 57m ago