Nigeria’s infrastructure company (Infra-Co), which is expected to grow to N15trn ($37bn) in assets and capital in the next few years, will ... go a long way in helping to raise capital from private investors and transforming the power sector, says Kola Adesina, group managing director at Sahara Power Group, an energy and infrastructure company.
This is what is called a life-size test. Angola’s largest bank, BAI (Banco Angolano de Investimento), announced on 21 April that it would be launching the procedure to list part of its capital on the stock exchange.
This operation, the first one to take place in the country since the financial centre was inaugurated in 2014, is expected to mark a turning point in the economy’s modernisation efforts as well as demonstrate the success of the reforms undertaken by President João Lourenço. José Eduardo dos Santos’ successor, who is running for a second term in August, has prioritised developing the private sector and improving governance.