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Lwei Mansamusa becomes a securities distributor in Angola

By , based on Expansão

Map: Angola

Angolan financial company Lwei Mansamusa has formalised its change from a brokerage firm to a distributor, expanding its activities on financial markets. Its share capital rose from 15 million to 115 million kwanzas before the transformation, announced this week by Expansão.

Lwei Mansamusa, an Angolan financial company, has obtained distributor status, expanding the operations it can conduct on the capital market. The formalisation of the change in status was made public this week, after the file was reviewed by the Comissão do Mercado de Capitais (CMC), Angola’s financial markets regulator, in September 2026, Expansão reports.

With this licence, Lwei Mansamusa can notably receive, transmit and execute orders on financial instruments, trade on its own account, hold and deposit financial assets, assist companies during public offerings and provide financial and business advisory services. It can also carry out securities placement operations, underwriting, grant credit related to transactions involving financial instruments and offer foreign exchange services associated with authorised activities, according to Expansão.

The transformation was preceded by an increase in Lwei Mansamusa’s share capital, from 15 million to 115 million kwanzas, in accordance with regulatory requirements. Distributor status gives it a broader scope of activity than that of a brokerage firm, particularly for own-account transactions, public offerings and underwriting operations.

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