BFA - Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.


  • The Current Account recorded a surplus of around USD 102 million in Q2 2023, the lowest result obtained since Q2 2020, USD 553.1 million.

  • The Ministry of Finance made AOA 153.0 Bn available for financial support for the production of food and animal protein.

  • Following the entry into force of Directive No. 07/2023, of June 26th, last Thursday, August 31st, the BNA sold around USD 100 million to Commercial Banks, purchased from participants on the Bloomberg FXGO platform.

  •  Oil barrel prices ended the week trading higher in line with expectations that the main OPEP+ members will extend production restrictions until October.


Best regards,

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