BFA - Angola Weekly

Dear subscriber [name],

Please find attached this week’s Angola Weekly.

Highlights: 

  • The Annual Debt Plan presented last week foresees the raising of AOA 14.6 Trillion (T) in debt, 52% in domestic debt and 48% in external debt; 

  • According to data from ANPG, Angola produced around 1.0 million barrels per day (mbd) of crude oil in December and around 2.7 million cubic feet (mpc) of associated gas;

  • Oil exports in Q4 2024 stood at 1.08 mbd, down around 0.3% YoY, much lower than that recorded in terms of production;

  • International Reserves closed the month of January at USD 15.8B, a slight increase compared to the previous month.



Best regards,
BFA


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