BFA - Angola Weekly

Dear subscriber [name],

Please find attached this week’s Angola Weekly.

Highlights:

In 2024, the current account surplus registered an increase compared to the previous year, rising from USD 4.2 Billion (B) to USD 6.3B;
Last week, the Ministry of Finance approved a sovereign guarantee worth AOA 7.5B, with the aim of covering 75% of the credit risk of the financing lines to operationalize the Rural Credit Program for the 2024-2025 harvest;
In February, the Angolan Debt and Securities Exchange traded around AOA 314.7B, a drop of more than 100% compared to the previous month;
The price of oil has fallen substantially – last week it fell by USD 1.2.

Best regards,
BFA

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