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Home Energy Success with 5x oversubscription on Angola’s $241m IPO share offer

Success with 5x oversubscription on Angola’s $241m IPO share offer

October 9, 2025

Angola’s stock exchange, the Bolsa de Dívida e Valores de Angola (Bodiva), scored a huge success with the successful outcome of its biggest initial public offering (IPO). The share sale of Banco de Fomento Angola (BFA) raised 220.9bn kwanzas ($241m) after its shareholders, Unitel and Banco BPI, sold 4,462,500 shares in an offer from 5…

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