Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

In 2022, the State issued AOA 1.80 trillion in domestic debt securities to banks.
Total credit to the economy increased by 7.6% between November 2021 and November 2022 – removing the impact of inflation, credit decreased by 7.7% in real terms.
The price of a barrel of Brent crude oil, which serves as a benchmark for Angolan exports, traded mixed last week, closing down at USD 78.6 (up from $85.9 the previous week).

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BFA

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