Angola - For Portuguese translation click here.
Imara offers clients experience in raising capital and executing corporate finance mandates across Africa. Imara focus on courting Angolan corporate which has been done with a view to providing a full suite of corporate advisory services and to act as a conduit through which local companies can access international capital flows. We intend to continue focusing growth potential in this area, in step with the momentum of gradual economic recovery in the post-2009 recessionary period.
Imara in Angola
Imara opened an office in Luanda in 2009, and have since extended market research coverage to provide comprehensive macro-economic as well as bottom-up research on specific corporates in the economy. A wealth of information has been built extensively covering the banking, telecommunications, breweries and insurance sectors. When the country’s bourse, Bolsa de Valores e Derivativos de Angola (BVDA) commences operations, Imara is well positioned to become one of the first independent stockbrokers.
Plans to launch a stock exchange in Angola were announced several years ago, with a view of deepening the country’s capital markets. In 2008 Imara applied for a stockbroking licence with the intention of being one of the pioneers in this area.
With established Afro-centric investment funds, Imara has an extensive portfolio of international investors with risk appetite for Africa’s frontier markets. The asset management division of our business will come into being on receipt of our dual purpose stockbroking licence. At that stage we intend to launch an Angola-specific investment fund that will act as a conduit for international portfolio investment into Angola’s capital markets. We will complement this with domestic products to cater to the nascent pension fund, institutional and high net worth client segment, which at the moment has relatively few local investment options.
Contact Imara in Angola
Managing Director | Imara Securites Angola SCVM
Tel +244 222 372 029
Angola offers exciting investment opportunities in oil and diamonds as well as other mineral resources. It has the climate, soil and topography that is appropriate for modern and large scale agricultural production of a wide range of crops. In addition, the country has excellent potential for hydropower, forest and fisheries. The country is characterised by political stability, improving corporate governance, increasing sophistication and global acceptance.
Oil is the backbone of Angola’s economy and is the single most important driving force behind the country’s rapid industrialisation. Angola’s mining resources include diamonds, which are their second biggest export, iron ore, gold and other minerals such as phosphate, marble, granite, and quartz reserves.
Although Angola’s economy is dominated by oil and diamonds, there is an abundance of investment opportunities in other sectors including financial services, construction and agriculture.
Total area: 1,236,700 sq km
Population: 19,618,432 (2011, source: World Bank)
Currency: Angolan Kwanza (Kz)