Angola approves laws to open stock exchange, debt markets

“Angola has approved laws to regulate stock and debt markets that it plans to open, the head of the Capital Markets Commission said on Thursday, signalling that the country is moving to finally launch the markets after years of delays.  A Luanda bourse, a potential entry point for foreigners, has been in the pipeline for more than a decade, but delays – most due to a lack of transparency – have frustrated investors looking to tap into one of Africa’s fastest-growing, but most impenetrable economies.  The commission plans to open a secondary debt market next year to help pave the way for a stock market in 2016 for which Angola has already identified several eligible private companies.”

http://www.reuters.com/article/2013/10/17/angola-markets-idUSL6N0I742020131017

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin