Based in the capital city Luanda, the full-service practice has until now operated as a branch of Russell Bedford’s member firm in Lisbon.

The newly restructured practice in Luanda, led by tax specialist Carlos Florêncio, focuses on accounting, audit, tax consulting and business advisory services. The firm also supports inward foreign investors attracted by the projected return to growth of the Angolan economy.

Speaking of the appointment, Russell Bedford CEO Stephen Hamlet said, “This is yet another fantastic development for Russell Bedford’s position in Africa; an area where we have achieved consistent expansion in recent years. RBA has demonstrated great determination and diligence in developing into the firm they are today, in only a short few years, and I congratulate them on their full member status.”

Carlos Florêncio, managing partner at RBA added, “We are extremely pleased to gain this recognition from the Russell Bedford network. We look forward to continuing to nurture the close relationships we have developed with our international partners in support of our shared business goals.”