BFA - Angola Weekly

Dear subscriber [name],

Please find attached Angola´s weekly highlights:

• Credit granted to the private sector totaled AOA 8.0 trillion (t) in May, corresponding to a nominal growth of 14.5% year-on-year;

• Azule Energy, equally owned by Eni and BP, announced the Final Investment Decision for the Greater PAJ project, one of the most significant offshore oil developments in Angola in recent years;

• Oil prices opened the week with a slight increase compared to last week’s close, following new clashes between the US and Iran.



Best regards,
BFA


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