BFA - Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

  • In the third quarter of 2024, the Ministry of Finance strengthened its presence in the foreign exchange market, placing around USD 1.1 billion (B);

  • BODIVA markets traded a total of AOA 709.6 B in October, an increase of 47% MoM that makes up AOA 227 B;

  • Diamond exports totalled around 3.3 million carats in the third quarter of the year, representing a year-on-year increase of 241%;

  • The price of a barrel of Brent oil, a benchmark for Angolan exports, closed the last week trading at USD 76, a slight reduction compared to the previous weekend (-USD 1).



Best regards,
BFA


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