Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.


  • Oil export from January through July 2020 fell by 3.7% yoy - on average, 1.34 million barrels per day were exported;

  • In the diamond sector, 3.6 million carats were exported between January and July, a reduction of 25.0% yoy;

  • In the economy as a whole, confidence declining sharply: the Economic Sentiment Indicator for Q2 2020 posted its lowest reading since Q2 2017, at -21 points;

  • Fitch agency lowered Angola's sovereign rating by two notches, to CCC, just one level above default;

  • Net International Reserves stood at USD 9.6Bn at the end of August, around USD 2.1Bn below December 2019.

Best regards,

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

Speak to us

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

Social Networks