BFA - Angola Weekly

Dear subscriber [name],

Please find attached Angola´s weekly highlights:

• In December, oil production stood at around 31.9 million barrels, corresponding to a daily average of 1.03 million barrels per day (mbd); 

• International reserves closed the month of January at USD 16.1 billion (b), an increase of USD 458 million compared to December; 

• The total trading volume on BODIVA in January amounted to AOA 779.5b, a slight increase compared to December, when the volume stood at AOA 771.1b; 

• The approval was granted for the signing of a financing agreement between Angola and Standard Chartered Bank in the total amount of EUR 314 million, aimed at implementing a project for the supply of 600 buses, as well as the training of local bus drivers and mechanics; 

• In addition, authorization was given for the signing of an addendum to the financing agreement between Angola and Banco de Fomento Angola, SA, in the total amount of AOA 84.3 b, for the implementation of the rehabilitation project of secondary and tertiary roads in Luanda.



Best regards,
BFA


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