CNBC Africa·1 min read·medium
Angola's Unitel launches IPO roadshow for 15% stake sale
R
Reuters
✦AI Summary
Angola's telecommunications giant, Unitel, has launched an IPO roadshow to sell a 15% stake as part of the government's broader privatization strategy. This move is intended to open the local stock exchange to more investment.
LUANDA, July 6 (Reuters) – Angola’s biggest telecommunications operator Unitel launched an initial public offering of its shares on Monday, in which the government is selling a 15% stake on the local stock exchange as part of a privatisation drive.
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