Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

• In January, oil exports grew 2.15% yoy, averaging 1.21 million barrels per day (mbd), following almost 5 quarters of year-on-year decline.
• Data independently collected by OPEC points to lower production at 1.16mbd, down 0.52% from January 2021.
• Last Friday, the Italian oil company Eni announced the start of production from the development of the Ndungu project EP, in Block 15/06.
• In 2021, banks purchased foreign exchange totaling USD 7.9bn from the oil, diamond, Treasury and BNA sectors.
• The public funds restructuring program (PRFP) came into force last Tuesday.
• Last Friday, a public tender was opened for the sale of 6 industrial units in the Luanda-Bengo Special Economic Zone (ZEE).

Best regards,
BFA

If you wish to cancel your subscription, please click here.

Company Headquarters
Rua Amílcar Cabral, 58, Maianga – Luanda
Telephone: 222 638 900 • Fax: 222 638 911
www.bfa.ao

Speak to us

Available 24 hours a day. If you have questions,
suggestions or complaints, talk to us.

Social Networks

This message (including any attachments) is intended only for the use of the individual or entity to which it is addressed and may contain information that is non-public, proprietary, privileged, confidential, and exempt from disclosure under applicable law or may constitute as attorney work product. If you are not the intended recipient, you are hereby notified that any use, dissemination, distribution, or copying of this communication is strictly prohibited. If you have received this communication in error (i) destroy this message if a hard copy or (ii) delete this message and any attachments if this is an electronic communication. This message and any attachments are the exclusive responsibility of the sender, and BFA cannot be held liable for any eventual consequences that may arise from it.