Angola raises $228 million from Standard Bank unit share sale
Published on: Tuesday 29 September 2026
LUANDA, Sept 29 (Reuters) – Angola’s government raised 208.5 billion kwanzas ($228.4 million) through the sale of a 34% stake in the local unit of South Africa’s Standard Bank Group, with demand nearly twice the shares on offer. ($1 = 913.0000 kwanzas)
News source: https://www.cnbcafrica.com/2026/angola-raises-228-million-from-standard-bank-unit-share-sale