Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

ANPG announced it would launch a tender for 12 oil blocks on September 30, in the Onshore Basin of Baixo Congo and in the Onshore Basin of Kwanza.
The Privatization Program will be extended until 2026, including 73 assets for sale - the list includes the most relevant assets, whose sale has been postponed, such as Sonangol, Endiama, TAAG, and new assets such as Unitel and BFA.
The Angolan State will take on 3 loans amounting to EUR 305 million with Portuguese entities.
Banks Keve and BNI were included in the list of systemic banks in Angola by the BNA, thus having to deposit a further 1% of their assets as mandatory reserves.

Best regards,
BFA

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