One of Angola’s leading investment brokers and the third institution authorised to intermediate the trading of assets on the country’s stock exchange, Inovadora Capital, wholly owned by Banco Sol, reported a positive net profit for the second consecutive year. The growth trajectory observed since the company began operations in September 2023 was also reflected across its key financial indicators, according to the annual report of the institution led by Ana Kainda da Silva Cazumbula.
According to the 2025 Annual Report and Accounts, Inovadora Capital recorded net profit of AOA 179.98 million (US$197,280), representing a 26.61% increase compared with the AOA 142.16 million (US$155,870) reported in 2024.

Ana da Silva Cazumbula, Chairperson of the Board of Directors (CEO) of Inovadora Capital SDVM © DR
The report states that this performance was driven by the company’s financial intermediation activities, particularly an 18.24% increase in the “Interest on Securities and Financial Instruments” line item, which reached AOA 100.68 million (US$110,360), compared with the previous year. Earnings were also supported by the “Other Income and Commissions” category, which generated revenues of AOA 693.06 million (US$759,690), up 27.51% from AOA 543.53 million (US$595,980) recorded in 2024.
In line with this performance, total assets rose to AOA 1.17 billion (US$1.28 million), representing growth of 39.37% compared with AOA 838.13 million (US$919,000) recorded in 2024. This increase was mainly driven by securities and financial instruments holdings, which expanded by 22.55%, rising from AOA 560.35 million (US$614,420) in 2024 to AOA 686.69 million (US$752,720), accounting for 58.79% of total assets.
Another key contributor to asset growth was the “Other Receivables” category, which maintained a strong upward trend. This indicator surged by 264.65%, increasing from AOA 77.93 million (US$85,450) in 2024 to AOA 284.19 million (US$311,510) in 2025, representing 24.33% of the company’s total assets.
Liabilities also increased, rising by 52.11% to AOA 386.45 million (US$423,600), compared with AOA 254.05 million (US$278,560) in the previous financial year. The “Other Obligations to Third Parties” category was the main driver of this increase, accounting for 98.32% of total liabilities, equivalent to AOA 379.96 million (US$416,490).
During the period under review, Banco Sol, the sole shareholder of Inovadora Capital-SDVM, strengthened the company’s equity base by 36.16%, increasing shareholders’ funds to AOA 601.71 million (US$659,560), up from AOA 441.92 million (US$484,570) in 2024.
Source: O Telegrama
