07 February 2025
The Angolan government plans to sell its shares in the troubled state-owned operator Unitel as part of broader efforts to privatise the country’s economy.
According to Minister of State for Economic Coordination, José de Lima Massano, the country is privatising Unitel in the coming months, with part of the sale set to be conducted through the stock exchange, reported Bloomberg.
Unitel is one of the 200 largest state-owned companies and assets identified for privatisation. More than half of these companies have already been sold to the private sector since the programme began in 2019.