Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.


  • In the last 3 months of 2021, the Angolan economy recorded year-on-year growth of 2.2%, the strongest since the last quarter of 2018;

  • On the non-oil economy side, our calculations point to a growth of 4.1% in the last quarter of 2021, expansion for the 4th consecutive quarter;

  • The oil economy considerably slowed down its decline, having registered a year-on-year drop of 2.8% (vs. the 11.1% drop recorded in the previous quarter);

  • At the Monetary Policy Committee meeting held last Thursday, the BNA decided to keep the various monetary policy instruments unchanged, given the still prevailing uncertainties and economic risks;

  • Last Thursday, OPEC+ members decided to maintain the plan to gradually increase oil production by 432,000 barrels a day for the month of May.

Best regards,

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