The Republic of Angola covers 1,247,000 km² in the western region of Southern Africa. It is the second largest country south of the Sahara after the Democratic Republic of Congo. The countrycontains six major geomorphologic areas: Coastal area, marginal mountain chains, the old tableland, Zaire basin and the basins of the Zambezi and Cubango. Angola has two seasons, the rainy and dry (cacimbo) seasons, with an average annual rainfall of 400 mm and lowest and highest average temperatures at 18˚C and 35 ˚C respectively.
Head of Authority: Dr Elmer Serrão
Sectors being Supervised: Insurance, Reinsurance,Retirement Funds and Intermediaries
The Committee of Insurance, Securities and Non-Banking Financial Authorities (CISNA) was established in 1998, pursuant to Annexure 10 of the SADC Protocol on Finance and Investment as a committee of authorities responsible for the supervision of insurance, securities, and non-banking financial institutions (NBFI) in SADC Member States. CISNA is part of the Directorate of Finance, Investment and Customs of the SADC Secretariat and reports to the SADC Committee of Ministers of Finance and Investment through the Committee of Senior Treasury Officials.