UNITEL Launches IPO, Opens 15% Stake to Public Investors

Angolan telecommunications operator UNITEL has announced the launch of its Initial Public Offering (IPO), giving investors the opportunity to acquire shares in the company as part of the country’s ongoing privatisation programme. According to the company, the IPO involves the sale of shares representing 15% of UNITEL’s share capital. The offering is being conducted by the Institute for the Management of State Assets and Participations (IGAPE) under Angola’s Privatisation Programme (PROPRIV), whi