Angolan Capital Markets: Trading on the BODIVA in 1H26

The Angolan capital market recorded strong and broad-based growth in the first half of 2026 (1H26), building on the momentum established in 2025 and the landmark BFA privatization-led IPO. Total trading on the BODIVA amounted to AKZ 4,639,455 million, representing an increase of 97.5% YoY, equivalent to USD 5,084 million. Trading activity remained heavily concentrated in government instruments, particularly treasury notes and repurchase agreements (repos), across both the exchange and OTC markets, while equity turnover also stayed well above pre-IPO levels. Annualized turnover corresponded to approximately 6.7% of the IMF's projected 2026 nominal GDP, up from 4.8% for full-year 2025, underscoring the continued but accelerating development of Angola’s financial markets.