BFA - Angola Weekly

Dear subscriber [name],

Please find attached Angola´s weekly highlights:

• The price of diesel increased by 33.3%, reaching AOA 400 per liter last Friday, as part of the government's strategy for the gradual removal of fuel subsidies;

• Authorization was granted for the signing of an export credit agreement between Angola and Deutsche Bank, totaling EUR 251.04 million, intended for the construction of a maximum-security facility;

• Sodiam raised USD 15.5 million from the sale of 865.19 carats of diamonds;

• International oil prices dropped over the past week, driven by easing tensions in the Middle East.

Best regards,
BFA

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