Unitel, Angola's leading telecommunications operator, will open its initial public offering on July 6.
The deal involves the sale of a 15% stake in the company, providing investors with their first opportunity to acquire equity in the market leader through a public listing.
The offering represents a notable development for Angola's capital markets, which have seen limited activity in large-scale equity issuances in recent years.
Unitel's move to list a minority stake is expected to attract interest from both local and international investors seeking exposure to the country's digital infrastructure growth.
According to reports from Brecorder and CNBC, the subscription process is set to commence on the specified date.
The IPO follows a broader trend of state-linked or dominant private firms in emerging markets seeking to raise capital and improve corporate governance through public listings.