Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

Inflation ended 2021 on a high: prices rose 27.03% in the space of a year, nationwide, accelerating for the 9th consecutive month and the highest value since July 2017.
The World Bank predicts that the Angolan economy will grow 3.1% this year and that it will slow down slightly to 2.8% in 2023.
Last Monday, IGAPE announced the conclusion of the privatization process of four agro-industrial enterprises.
The Industrial Production Index (IPI) for the 3rd Quarter 2021 recorded year-on-year growth of 1.1%, largely due to the 2.7% drop in oil production, which represents 85% of the index

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BFA

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