Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.


  • The Angolan economy shrunk 5.8% yoy in the third quarter of 2020, having decreased 5.0% in the first 9 months of the year as a whole, compared to 2019;

  • Last Monday, the IMF approved the 4th Review of the Angolan EFF, having disbursed approximately USD 487.5 million in this tranche;

  • In 2020, the average annual inflation was 22.18%, 5.08pp above the 2019 average;

  • The Government expects to contract AOA 6.18 trillion (Tn) in debt this year - AOA 4.00Tn in external debt and AOA 2.19Tn in internal debt, according to the Annual Debt Plan.


Best regards,

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