Fundo de Investimento Privado-Angol

  • Region: Africa
  • Country: Angola
  • Sector: Investment funds
  • Year: 2009
  • Domicile: Luxembourg
  • Instrument: Fund
  • Commitment (MNOK) as of 31.3.2017: 63.8
  • Original Commitment (MNOK): 65.5

Fundo de Investimento Privado (FIPA) is an equity capital fund that targets small- and medium-sized enterprises in Angola. The fund has a total capital of USD 39 milion, and Norfund has invested USD 15million. The other investors are IFU, EIB, Banco Africano de Investimento (BAI) and Banco Privado Atlantico (BPA). Angola is rich in natural resources and has a considerable potential in a number of industries. FIPA wishes to contribute capital and also to professionalize the enterprises it invests in which it invests. This will serve to increase employment in the formal economy and make new goods and services available in the country. Norfund has acted as a key initiator of the fund and also holds an ownership share of the management company

Fundo de Investimento Privado (FIPA) is an equity capital fund that targets small- and medium-sized enterprises found outside the dominant petroleum and diamond industries in the country. Norfund was instrumental in establishing the fund and is also a shareholder of the General Partner.

FIPA seeks to contribute capital to Angolan SMEs as well as professionalise the companies where it invests. This will serve to increase employment in the formal economy and make new goods and services available in the country. Norfund has acted as a key initiator of the fund and also holds an ownership share of the management company.


The other investors are IFU, EIB, Banco Africano de Investimento (BAI) and Banco Privado Atlantico (BPA). Angola is rich in natural resources and there is considerable potential in a number of industries.

Indirect investments

Investee Sector Country
Angola Environmantal Services - AES Other services Angola
Betablocos Other industrial partnerships Angola
Big Media Lda Communication Angola
Fazenda Girassol Food and agribusiness Angola
Lunam Ltd & AST Food and agribusiness Angola
Special Edition S.A Communication Angola

Norfund - The Norwegian Investment Fund for Developing Countries

Fridtjof Nansens Plass 4
N-0160 Oslo