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Luanda Bay

Bays of AngolaBays of the Atlantic Ocean
Luanda 13.23266E 8.80761S
Luanda 13.23266E 8.80761S

Luanda Bay is a body of water, located in front of the city of Luanda, capital of Angola. In front of the bay are located several monuments of great historical value, such as the Banco de Angola Building and the Church of Nossa Senhora da Nazaré. The bay, whose waters are protected by the island of Luanda, was the place of foundation of the city of Luanda by Paulo Dias de Novais in 1575/1576. On the banks of the bay, the so-called Cidade Baixa de Luanda grew, where most of the city's population settled, while Cidade Alta de Luanda was formed as an administrative and military center. Luanda Bay was an immense bay that extended from cape of the Lagostas (Cacuaco Cove) to Corimba cape, close to the Vala do Samba River, isolated in the Atlantic Ocean by another major geographical accident, the island of Luanda. This geographical configuration lasted until the first half of the 20th century, when the natural channel that formed the great bay of Luanda was earthworks for the construction of a passage on Avenida 4 de Fevereiro (in English: February 4th avenue). Thus, an avenue separated the northern portion from the southern portion of the Luanda bay, forming a new geographical accident, which received the name of Samba bay, but with characteristics similar to an estuary. The southern part of the island of Luanda became the Chicala cape, a new peninsula.

Excerpt from the Wikipedia article Luanda Bay (License: CC BY-SA 3.0, Authors, Images).

Geographical coordinates (GPS)

Latitude Longitude
N -8.7825 ° E 13.261111111111 °
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Address

Largo dos Pescadores


Luanda (Salga)
Luanda Province, Angola
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Luanda 13.23266E 8.80761S
Luanda 13.23266E 8.80761S
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Angola Debt and Stock Exchange

The Angola Debt and Stock Exchange (Bodiva; in portuguese: Bolsa de Dívida e Valores de Angola) is a stock exchange in Angola, which is based in Luanda. First announced in 2006, the Stock Exchange was hoping to open during the first quarter of the 2008 fiscal year, though in August 2008 Aguinaldo Jaime said that the launch would be "a task for the next government... maybe late 2008 or the beginning of 2009". Due in part to the effects of the credit crunch, the earlier intention for the Angola Stock Exchange to open in early 2009 has been further delayed, with current indications that it was scheduled to open in 2010, with the intention to list 10 companies. However in July 2013, Archer Mangueira, chairman of the Capital Markets Commission of Angola, said that Angola plans to start the Angola Stock Exchange trading on 2016. On December 19, 2014, the Capital Market in Angola started. BODIVA (Angola Securities and Debt Stock Exchange, in English) received the secondary public debt market, and it is expected to start the corporate debt market by 2015, but the stock market should only be a reality in 2016. Walter Pacheco resigned as Chairman of the executive committee of BODIVA in February 2025 after almost four years in office. He was replaced on a temporary basis by Cristina Lourenço who was the longest serving member of the executive committee. Unfortunately this was controversial as Cristina was the daughter of the Angolan President, João Lourenço. Lourenço was then appointed CEO of BODIVA for a four-year term that ends in 2028.