BFA - Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

British consultancy Oxford Economics predicts growth in the Angolan economy of around 2.2%, supported by increased crude oil production, higher oil revenues, better conditions for investments in oil refining and mining exploration and renewable energy infrastructures.
This Monday, the Angolan central bank made USD 200 million available to commercial banks through the Bloomberg platform, an amount that should help eliminate part of the outstanding foreign exchange needs at this point.
Bodiva markets traded a total of 353 Billion (B) in April, 128 B more compared to the previous month.
International reserves ended the month of April valued at USD 14.5 B, 186 million more compared to the previous month.

Best regards,
BFA

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