Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

• The central bank adjusted various monetary policy instruments, during its Monetary Policy Committee last week, in order to consolidate monetary tightening while boosting the use of its liquidity-providing window;

• According to Angolan statistics office (INE), the unemployment rate dropped to 30.6% in Q4 2020, 3.4 pp below the one recorded in the previous quarter and 1.2 pp lower than in the same quarter last year;

• Last week, the State held the first public debt auctions in 2021, with BTs placed at 91, 182 and 364 days, OTs in foreign and local currency placed with maturities of 1.5 to 4 years;

• The Port of Luanda's multipurpose terminal concession was signed for a period of 20 years with DP World, from Dubai, which made an initial payment of USD 150 million.

Best regards,
BFA

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