Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

  • The central bank announced, last week, new rules and procedures for foreign exchange transactions by individuals;

  •  According to BNA data, in April, over USD 425 million in foreign currency were made available to retail banks (-49.2% yoy);

  •  Maria Baptista was announced, last week, as the new chairman of the board for Comissão de Mercado de Capitais;

  •  In 2019, the Industrial Production Index (IPI) fell by 2.2% compared to 2018;

  •  The President decreed the extension of the State of Public Calamity to 8 September.



Best regards,
BFA


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