Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

Annual inflation rose to 22.6% in June, the 8th consecutive monthly increase;
According to INE, Angolan GDP dropped 1.8% yoy in Q1 2020;
According to data from the Ministry of Finance, in the first half of this year, crude exports decreased by 2.4% compared to the same period last year, averaging 1.36 million barrels per day;
Also in the first half of 2020, Angola exported 3.51 million carats in diamonds, a 14.9% yoy decrease;
According to BNA data, USD 2.68 billion in foreign currency were sold to retail banks in the first half of the year, a drop of 37.7% yoy.

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.