Understanding Banco de Desenvolvimento de Angola and Its Role

Banco de Desenvolvimento de Angola is the country's development bank, established in 1976 to promote economic growth and development in Angola. Its main objective is to provide financing for projects that contribute to the country's development.

The bank's role is to support the government's development plans and strategies, focusing on key sectors such as agriculture, energy, and infrastructure. It also provides financing for small and medium-sized enterprises, helping to stimulate economic growth and create jobs.

Banco de Desenvolvimento de Angola operates in line with the country's development priorities, working closely with other financial institutions and international organizations to achieve its goals. Its efforts have contributed significantly to Angola's economic progress over the years.

The Banco de Desenvolvimento de Angola (BDA) was created by decree on June 7, 2006, by then-President José Eduardo dos Santos.

This marked a significant shift from the Fundo de Desenvolvimento Económico e Social (FDES), which was established on August 27, 1999, and took effect on March 1, 2000.

The BDA's initial goal was to provide technical and financial assistance to develop the production of maize, cotton, and building materials.

Over the years, the BDA expanded its scope to support sectors such as livestock, poultry, hotel services, cereal production, timber extraction, and beekeeping.

Teodoro da Paixão Franco Júnior was the BDA's first president.

The Banco de Desenvolvimento de Angola-E.P. (BDA) underwent a significant transformation in 2024. The institution was transformed into a society anónima, in accordance with the laws mentioned in the diploma.

This transformation was necessary to conform to the Regime Jurídico das Instituições Financeiras, approved by the Lei n.º 14/21, de 19 de Maio. The BDA had to adapt to this new regime to function effectively.

The diploma was decreed by the President of the Republic, João Manuel Gonçalves Lourenço, on June 21, 2024. The decree was published in Luanda, the capital city of Angola.

To achieve this transformation, the BDA had to comply with the requirements of the Lei n.º 11/13, de 3 de Setembro, specifically articles 56.º and 57.º. The institution also had to meet the conditions outlined in the Lei n.º 14/21, de 19 de Maio, particularly articles 48.º and 49.º.

The transformation of the BDA's nature from a public institution to a society anónima was a significant step towards modernizing the institution and making it more competitive in the market.

The government of Angola plays a significant role in the Banco de Desenvolvimento de Angola (BDA). The state's rights as an investor are exercised through the Instituto de Gestão de Activos e Participações do Estado - IGAPE.

The President of the Council of Administration of IGAPE has the delegated power to sign the transformation of BDA into a public limited company and to adopt the respective social pact. This highlights the level of involvement the government has in the bank's operations.

The government maintains its existing relationships with financial institutions and other entities that have contracts with BDA, until the contracts are terminated. This ensures continuity and stability in the bank's dealings with external parties.

The government of Angola has been actively involved in transforming the Banco de Desenvolvimento de Angola-E.P. into a new entity.

The transformation involves changing the bank's form to a commercial public company, governed by the Law of Commercial Societies.

This new entity will be called Banco de Desenvolvimento de Angola, S.A., or BDA, S.A. for short.

The existing legislation that contradicts this new setup is being revoked, including several presidential decrees from 2014 and 2020.

The approval process for government involvement in a company is a crucial step.

The Banco de Desenvolvimento de Angola-E.P. has been approved to transform into a new form of company. This new form is a society commercial anónima de capitais exclusivamente públicos, which translates to a commercial anonymous society of exclusively public capital.

The company's new name is Banco de Desenvolvimento de Angola, S.A. and it will be abbreviated as BDA, S.A. or BDA.

The approval of the company's new statute and any changes to it will be carried out in accordance with commercial legislation.

Here are the key points about the approval process:

The government's involvement in the Banco de Desenvolvimento de Angola (BDA) is quite interesting. The state's rights as an investor are exercised through the Instituto de Gestão de Activos e Participações do Estado - IGAPE.

The President of the Council of Administration of IGAPE is delegated the power to subscribe the deed of transformation of the BDA into a joint-stock company. This is a significant responsibility, as it involves making key decisions about the bank's future.

The state's guarantees and support for the BDA are maintained until the end of the contracts with financial institutions and other entities. This means that the government's commitment to the bank remains strong.

Here are the key points about the state's rights and guarantees:

The Fundo Nacional plays a significant role in the country's development.

The Banco de Desenvolvimento de Angola (BDA) is responsible for managing the Fundo Nacional de Desenvolvimento.

The BDA's role includes promoting and applying the resources linked to the Fundo Nacional, in line with the established rules and priorities.

This indicates a clear focus on development and growth, with specific guidelines to ensure effective use of resources.

The Banco de Desenvolvimento de Angola (BDA) has a diverse range of financial resources at its disposal.

The BDA's financial resources include dotações de capital, which are essentially initial funding allocations.

These resources also include receitas provenientes da gestão de fundos, or income generated from managing funds, as well as receitas operacionais e patrimoniais, or operational and patrimonial revenues.

The BDA can also tap into doações de qualquer espécie, or donations of any kind, to supplement its financial resources.

Recursos Financeiros are a vital aspect of any organization's financial information. They encompass various sources of income and capital that help sustain operations.

The BDA's financial resources can be attributed to several key areas. These include dotações de capital, which are essentially initial investments or funding provided to the organization.

Receitas provenientes da gestão de fundos, or income generated from managing funds, is another significant source of revenue. This can include interest earned on investments or fees collected for services rendered.

The BDA also generates receitas operacionais e patrimoniais, which are operational and patrimonial revenues. These can come from various sources such as sales, services, or the sale of assets.

In addition to these sources, the BDA receives receitas que lhe sejam atribuídas para a execução de programas do Executivo, or revenues allocated for the execution of executive programs. These can include government grants or subsidies.

Other financial resources include doações de qualquer espécie, or donations of any kind. These can be in the form of cash, goods, or services.

The BDA can also tap into capitais captados no mercado nacional ou internacional, or capital raised from the national or international market. This can be through issuing bonds, stocks, or other securities.

The organization can also generate rendimentos brutos da aplicação de recursos, or gross revenues from the application of resources. This can include interest, dividends, or other income generated from investments.

The BDA can also convert bens e direitos, or assets and rights, into capital. This can be done through the sale of assets or the exercise of rights.

Other financial resources include resultantes de prestação de serviços, or revenues generated from the provision of services. This can include fees collected for consulting services, training, or other professional services.

Here's a summary of the BDA's financial resources:

The annual revenue of a company is a crucial piece of financial information that can give us an idea of its overall health and stability. The BDA - Banco de Desenvolvimento de Angola had an annual revenue of $4 million in 2025.

Calisto Ebo, the Chief Financial Officer (CFO) of BDA - Banco de Desenvolvimento de Angola, would likely be the person responsible for overseeing the company's financials and ensuring that it stays within budget.

Banco de Desenvolvimento de Angola employs a relatively small workforce, with 88 people on staff.

The bank's small size allows for agile decision-making and a focus on its core mission.

BDA is a public financial institution created in 2006, with the goal of supporting Angola's economic growth.

This mission is reflected in the bank's company size, which is categorized as having 51-200 employees.

The Banco de Desenvolvimento de Angola (BDA) is a public financial institution created by the government to support the country's economic growth. It was established by the Decreto 37/06 of July 2006.

The BDA is focused on increasing national wealth, improving the well-being of the population, and building and consolidating the country's economy. This is in line with the government's Programa de Desenvolvimento Economico e Social and Estrategia Nacional de Desenvolvimento.

One of the key benefits of the BDA's transformation into a commercial society is that it doesn't require a new liquidation process or additional licenses. This means that the BDA can continue to operate with its existing assets, rights, and obligations.

Here are some key facts about the BDA's transformation:

The Diploma is considered a sufficient title for proving the established facts, including for notarial acts, commercial registry, and other purposes. The necessary acts to complete the transformation and regularization process must be carried out by the competent services within 90 days.

As employees of the BDA, you'll be happy to know that you maintain all your rights, obligations, and social benefits that you had at the time of the transformation.

Your rights as workers are protected and remain unchanged, ensuring a smooth transition for you.

BDA - Banco de Desenvolvimento de Angola has a relatively small workforce, with 88 people employed.

The company size of Bda - banco de desenvolvimento de angola is classified as small to medium-sized, with 51-200 employees.

88 people are employed at BDA - Banco de Desenvolvimento de Angola.

Bda - banco de desenvolvimento de angola has a small team, which suggests a more personal and agile work environment.

Having a small workforce can also allow for more flexibility and adaptability in the company's operations.

When we're considering employment and operations, it's essential to know the physical locations of these entities.

BDA - Banco de Desenvolvimento de Angola is based in Luanda, Luanda.

This gives us a clear understanding of where they operate from.

Luanda, Luanda is a significant location for this bank's operations.

Understanding the organizational structure of a company can be a valuable insight for job seekers and business partners alike.

The Org Chart of BDA - Banco de Desenvolvimento de Angola provides a clear view of the company's hierarchy.

The Head of Legal Department of BDA is a key figure in the company's operations.

Jobs at BDA - Banco de Desenvolvimento de Angola are quite structured, with specific roles such as Subdirector do Gabinete de Fiscalizao de Projectos and Director do Gabinete de Compliance do BDA.

The bank is based in Luanda, Luanda, which is likely a hub for professional growth and development.

88 people are employed at BDA - Banco de Desenvolvimento de Angola, a relatively small team that likely fosters close relationships among colleagues.

Banco de Desenvolvimento de Angola operates in the Investment banking industry.

The company's focus is on developing the economy of Angola, which suggests a strong commitment to the country's growth and prosperity.

Bda - banco de desenvolvimento de angola is the name of the company, and it's clear that "Bda" is an abbreviation for Banco de Desenvolvimento de Angola.

The company's industry classification is Investment banking, which implies a focus on facilitating investments and financial transactions.