Angola’s Debt and Stock Exchange handles $543 million in Q2

Two thousand denomination kwanza currency banknotes in an office in Luanda, Angola, on Friday, Nov. 8, 2013. Angola, the largest crude oil producer in Africa after Nigeria, appointed Deloitte LLP as the independent auditor of its $5 billion sovereign wealth fund to ensure transparency. Photographer: Simon Dawson/Bloomberg via Getty Images

Angola’s Debt and Stock Exchange (BODIVA) handled a total of 345 billion kwanzas ($543 million) in the second quarter of 2021, according to a statement issued by BODIVA on Saturday.

FILE PHOTO: A picture showing kwanza currency banknotes in an office in Luanda, Angola. /Getty Images

The amount was the result of 1,525 business transactions in the regular markets under BODIVA’s management, an increase of 9.95 percent year-on-year, the statement said.

The referred turnover also represents an increase of 1.78 percent compared to the same period of 2020, the statement added.

Founded in 2014, BODIVA is a management entity, whose responsibilities are to ensure the transparency, efficiency and security of transactions in the regulated securities markets, with the aim of encouraging the participation of small investors and competition among all operators.