Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.


  • In the second quarter of 2023, the Angolan economy stagnated when compared to the same period in 2022;

  • Gross credit to the private sector stood at close to AOA 5.2 trillion, having registered a nominal increase of 20% yoy, corresponding to around AOA 865.9 billion (Bn);

  • Diamond exports in August fell by 80% when compared to the same period last year – in total, around 157 thousand carats were exported;

  • International reserves ended the month of September close to USD 13.8 Bn, registering a growth of 1.6% year-on-year, but remaining around USD 249.7 million below the previous month's values.

Best regards,

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