Luxembourg Stock Exchange Welcomes Angola's €56m Sustainability Bond Listing

On Friday 13 November 2026, the Luxembourg Stock Exchange (LuxSE) hosted an official Ring the Bell ceremony to mark the admission of Banco Angolano de Investimentos' (BAI) AOA 57.5 billion (approximately €56 million) inaugural sustainability bond to LuxSE and its display on the Luxembourg Green Exchange (LGX).

The ceremony brought together representatives of BAI, Angola's Debt and Securities Exchange (Bolsa de Dívida e Valores de Angola - BODIVA), the country's Capital Markets Commission (Comissão do Mercado de Capitais - CMC) and LuxSE.

According to LuxSE, the transaction marked the first sustainability bond issued by an Angolan entity and represented an important step in the development of the country's sustainable finance market. It also highlighted the growing role of capital markets in mobilising funding for projects supporting economic diversification and sustainable development objectives.

Arnaud Delestienne, Chief Commercial Officer and Member of the Executive Committee at LuxSE, said: "We are delighted to welcome BAI to the Luxembourg Stock Exchange with the admission of this pioneering sustainability bond and to enhance its visibility to the global investor community via our LGX platform." He added: "As the first transaction of its kind, it marks an important milestone for Angola's capital markets and demonstrates how sustainable finance can mobilise investment towards projects that deliver both economic value and tangible social and environmental impact."

Initially listed and admitted to trading on BODIVA on 22 September 2026, the bond was also registered on LuxSE's Securities Official List (LuxSE SOL). An amount equivalent to its net proceeds was earmarked for financing and refinancing eligible loans supporting key sectors of the Angolan economy, including agriculture, manufacturing, logistics, healthcare and pharmaceuticals, in accordance with BAI's Sustainability Bond Framework.

The bond was aligned with six United Nations Sustainable Development Goals (SDGs): Zero Hunger (SDG 2), Good Health and Well-being (SDG 3), Decent Work and Economic Growth (SDG 8), Industry, Innovation and Infrastructure (SDG 9), Responsible Consumption and Production (SDG 12) and Climate Action (SDG 13).

Luís Lélis, CEO of BAI, said: "The dual listing of the BAI Sustainability Bond on the Luxembourg Stock Exchange marks an important milestone for BAI and Angola’s capital markets. What began as a bond issued in Angola, denominated in local currency and locally listed, was structured in alignment with internationally recognised ICMA principles and attracted international investor participation."

The United Nations Development Programme (UNDP) provided technical assistance to BAI and relevant national institutions in developing the Sustainability Bond Framework, as part of broader efforts to strengthen Angola's sustainable finance ecosystem and mobilise private capital for sustainable development.

Thomas Beloe, Director of the UNDP Sustainable Finance Hub, said: "Sustainable finance can accelerate investment when domestic capital markets offer accessible opportunities to invest. Angola’s first sustainability bond combined institutional demand with a low minimum subscription, giving individual investors a route to participate while allocating finance towards several multilateral environmental agreements and eligible social priorities."

According to LuxSE, the transaction also reflected its ongoing commitment to connecting African issuers with international investors and facilitating access to capital for projects with positive environmental and social impact.