Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.


  • The Trade balance in Goods likely closed Q1 2022 with a positive balance of USD 8.6 billion (Bn), representing a year-on-year growth of USD 4.0bn.

  • Gross International Reserves (RIB) closed April at USD 15.3 bn, growing USD 2.1bn compared to the beginning of the year.

  • Last Thursday, OPEC+ members decided to stick to the plan to gradually increase oil production by 432,000 barrels per day in June.

  • Last week, Sonangol agreed to sell stakes in three oil blocks to the consortium between Somoil and British company Sirius Petroleum.

Best regards,

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