Angola Says Sonangol IPO May Only Take Place From End-2022

Posted October 11, 2021

The sale of shares in Angolan state-owned oil company Sonangol may only take place after the end of 2022, news agency Lusa reports, citing comments from Petroleum and Minerals Minister Diamantino Azevedo.

The initial public offering won’t take place during the current government’s mandate, which ends in 2022, Azevedo says

Source: Bloomberg

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