Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

Last week, the Angolan central bank updated the rules for carrying out foreign exchange operations by individuals,
Interest rates on the Interbank Money Market continue to fall, with the overnight Luibor falling 122 basis points (bp) since the beginning of the year, having reached the minimum of April 2021 last week;
The price of a barrel of oil continues to trade mixed, with several factors pulling it up and down;
The National Petroleum, Gas and Biofuels Agency (ANPG), Chevron and partners from the Block 0 contractor group announced the start of oil production in the Lifua field, through the Lifua-A facility.

Best regards,
BFA

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