The information was transmitted this Thursday by the Minister of Finance, Vera Daves de Sousa, stating that the program called Investor Readness Program stems from an agreement signed, last January, with London Stock and Change.
The Privatization Program (ProPriv) enrolls 195 companies and / or assets to be privatized by 2022.
The program aims to "prepare companies to align them with the requirements criteria of investors that operate in the international market and to help companies and encourage companies to follow this path".
"We strongly encourage companies that intend to finance themselves via the capital market to join the program and benefit from it," said Vera Daves de Sousa, at the launching ceremony of the Annual Report of the Bodiva 2019 Markets.
For the governor, ProPriv "will be decisive" for the activation of the stock market, because of the more than 190 companies to be privatized 17 are considered to be "relevant and sufficiently prepared to be privatized via stock exchange".
"They are attractive companies and from different sectors, so that, certainly, there will be an appetite on the part of anyone who wants to invest", noted Vera Daves.
According to the Minister of Finance, the activation of the stock market should be "the impetus to project, beyond the service to the State, the service that Bodiva can and should provide to the Angolan economy".
Among the companies in which the State plans to dispose of its assets are the oil company Sonangol, the TAAG area carrier, Correios de Angola, Angola Telecom, the National Insurance Company of Angola, the National Diamond Company of Angola (Endiama), stakes in operator Unitel, Banco de Comércio Indústria, Banco Económico, cement company Nova Cimangola, among others.
For the privatization process, the Government hired the World Bank as a "strategic consultant".
