Capital Market under discussion in Luanda, Angola

22 November 2017

The Angolan Capital Markets Commission (CMC) on Thursday in Luanda will hold the Capital Market Forum 2017, an initiative intended to stimulate this activity in Angola, with a focus on the equity market and collective investment, the CMC said in a statement.

The CMC recalls in its statement that the mid-term plan of the government has set one of its objectives for the financial system to “promote the stock market by means of privatisation of benchmark companies on the exchange.”

The Angolan Debt and Stock Market , BFA-Gestão de Activos, Odell Global Investors, Banco de Poupança e Crédito e Media Rumo are the entities partnering with the CMC on this event which will be attended by representatives of the Angolan financial system and guests from various sectors of society.

The Portuguese Securities Market Commission (CMVM) will be represented at the event by its vice-president, Filomena Oliveira.

The President of the CMC, Mário Andradas, said that the initiative is part of the strategy  to promote the Angolan capital market and aims to encourage national companies to issue securities, which will expand the available range of financial instruments in which investors can apply their savings. (macauhub)