Story thread · 2 reports / 2 sources

Angola just raised $321m selling shares in a telco it seized from Africa’s richest woman

thenextweb.com · 15dShare

Angola raised roughly $321 million on Monday by selling a 15% stake in Unitel, the country’s dominant mobile operator, in what Bloomberg reported as the largest initial public offering the nation has ever run. The proceeds go towards financing the state budget and, officials hope, towards making Angola’s thin capital market look like a functioning […] This story continues at The Next Web

First report: Angola Raises $321 Million Through Nation’s Biggest IPO — bloomberg.com, 15d