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Wealth Intelligence: Angola — Selling What It Seized

Angola raised $321 million floating 15% of Unitel — the mobile operator it took from Isabel dos Santos four years ago. The largest IPO in the nation's history is really a test of a much bigger question.

Wealth Intelligence: Angola — Selling What It Seized

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African Wealth Briefing — Sat., Aug. 1, 2026

African Wealth Briefing — Sat., Aug. 1, 2026

Angola turned an asset it seized from Isabel dos Santos into the largest IPO in its history. And Patrice Motsepe's near-billion-dollar platinum bet drew a rare vote of doubt, as the market marked his miner down 21% while its rivals rose.

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