BFA Investor's Day

BFA Asset Management Hosts Inaugural Investor’s Day: Spotlight on Opportunities in Angola & Central Africa

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Luanda, Angola – June 25, 2024 — The private capital community marked a milestone as BFA Gestão de Activos (BFA Asset Management) hosted its first Annual Investor’s Day Conference. The event gathered more than 150 delegates, including institutional investors, general partners, limited partners, asset managers, regulators, and corporate leaders from Angola and the broader Central African region.

BFA Asset Management is a leading player in Angola’s capital markets, managing one of the country’s most established mutual fund platforms. With a strong focus on transparency, governance, and professional standards, BFA’s mutual funds provide both local and international investors with access to diversified portfolios across fixed income, equities, and multi-asset strategies. By anchoring institutional best practices within a rapidly developing market, BFA is helping to build confidence in Angola’s financial ecosystem and positioning mutual funds as a key conduit for channeling domestic savings into productive investment.

A Glance to BFA Kimbo Fund: Promoting Inclusive Growth through Private Debt

Launched in 2024, BFA Asset Management’s Kimbo Fund is Angola’s first dedicated private debt vehicle, structured as a closed-ended collective investment scheme with a 10-year tenor and an initial target size of US $20 million.

Anchored by a US $5 million equity commitment from the Angola Sovereign Wealth Fund (FSDEA) in August 2024, the Fund is designed to catalyze funding for high-growth small to mid-market enterprises, particularly those led by youth and women. Kimbo focuses on key sectors aligned with Angola’s economic diversification goals—such as downstream agribusiness and logistics—and emphasizes income-generating investments, delivering periodic income while preserving capital on a risk-adjusted basis. Typical initial ticket sizes range from US $250,000 to US $500,000, with potential follow-on investments of up to US $1 million to support scale

Key Highlights

  • Portfolio Transparency & Market Outlook
    BFA presented an in-depth review of its investment strategies, fund performance, and evolving portfolio, underscoring Angola’s potential as a key market within Central Africa.

  • Global Voices in Local Markets
    International asset managers, including Ninety One and TLG Capital, joined discussions on private capital flows into Africa, bringing global perspectives to local investment opportunities.

  • Investor Dialogue & Ecosystem Growth
    A roundtable of African and international GPs/LPs explored the drivers of sustainable growth, the importance of domestic markets, and the role of private equity in bridging global capital with regional opportunity.

  • Pipeline Access & Networking
    The event offered investors direct visibility on deal flow and created a structured platform for relationship-building across the private equity and asset management value chain.

Why It Matters

BFA Investors Day provided on Angola financial markets’ macro and micro financial economics from Banco Fomento Angola’s institutional perspectives. The launch of BFA Asset Management’s Investor’s Day is emblematic of a broader shift: private equity as well as mutual funds capital markets in Angola are entering a more institutional and globally connected phase. For GPs, it signals rising investor appetite and enhanced visibility for regional funds. For LPs, it demonstrates a deepening commitment to transparency, governance, and professional engagement in emerging markets.

As the regional association CAMPEA supports BFA’s initiatives that expand investor confidence, strengthen GP/LP dialogue, and showcase Central Africa’s role in the global private equity landscape. CAMPEA is proud of BFA pioneering commitment as one of our privileged members that relentlessly paves the way in building transparency, trust, and leadership in cross-border collaboration, helping position Central Africa within the private markets’ dialogue.

 

Targeted outcomes

  • Market Outlook & Portfolio Review – BFA GA provided a detailed update on its fund strategies, historical performance, and forward-looking market analysis, positioning Angola and Central Africa as attractive destinations for private capital.
  • Dialogue with Global Managers – A dedicated roundtable featured participation from leading firms such as Ninety One and TLG Capital, underscoring the increasing integration of Angolan markets into global investment flows.
  • Ecosystem Significance – The Investor’s Day highlighted the growing role of domestic capital markets in anchoring international investment, and the importance of partnerships between local and global GPs/LPs in scaling opportunities
  • Institutional Macro-economics Perspectives – The forum offered foreign investors and fund managers a unique opportunity to share perspectives and address pitfalls and hinderances to  local and regional deal making, domestic currency market and symmetrical financial structuring,

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