Angola raises about $321 million (300.3 billion kwanzas) through its biggest initial public offering, selling a 15% stake in state-owned wireless operator Unitel SA, according to Bloomberg and other coverage. The sale involves Unitsel, described as Angola’s dominant mobile operator, and the offering is presented as the largest IPO the country has conducted to date. The proceeds are intended for Angola’s state budget financing needs. Both sources frame the transaction as a major effort to mobilize capital through the local market and to support broader budgetary priorities. While one outlet also references the context of Unitel’s ownership history, the core details across reporting remain focused on the size of the stake being sold, the amount raised, and the reported purpose of funding the state budget. The deal underscores Angola’s continuing attempts to develop its capital market and raise funds through public listings, with Unitel remaining central to the country’s telecom sector.