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Home Africa

Angola to accelerate capital market

Staff by Staff
January 30, 2020
in Africa, Angola, Capital Market, Capital Markets, Economy, Finance
Reading Time: 1 min read
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Angola reduces by 50 percent price of land plot
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Angolan Finance minister, Vera Daves de Sousa, has expressed the need to accelerate the deepening of the capital market instruments for the financing of the country’s economy, reads a note from the incumbent Ministry that reached Angop on Tuesday.

The Cabinet minister expressed so early last week in London, United Kingdom, after the signing of a training agreement between the London Stock Exchange Group (LSEG) and Angola Stock Exchange (Bodiva).

The terms of the agreement establishes an institutional and professional capacity building programme called “Readiness to Capital Markets”, in order to make more robust the country’s Privatisation Programme (Propriv).

Three training sessions, to kick off in May this year, will be addressed to managers of the firms integrating Propriv project, staff of the Bodiva, IGAPE, CMC, and private companies interested in joining the stock market.

The training will be in areas related to the preparation of stock market capitalization processes, namely strategy, governance, risk approach and corporate social responsibility.

The signing ceremony was attended by the Angolan Ambassador to the United Kingdom, General Geraldo Sachipengo, Baroness Lindsay Northover, Bodiva Administrator, Mário Caetano João, and senior staff of the LSEG.

Source: Angop

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Tags: AngolaAngola Stock ExchangeBodivaCMCGeraldo SachipengoIGAPELindsay NorthoverLondonLondon Stock Exchange GroupLSEGMário Caetano JoãoPrivatisation ProgrammePROPRIVReadiness to Capital MarketsUKUnited KingdomVera Daves de Sousaанголаأنغولاアンゴラ安哥拉
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