BFA - Angola Weekly

Dear subscriber [name],

Please find attached this week´s Angola Weekly:

Highlights:

Year-on-year inflation stood at 23.9%, representing a reduction of 1.4 percentage points (pp) compared to February, this being the lowest value in the last 12 months;
In the fourth quarter of 2024, the unemployment rate fell by 0.4pp compared to the previous quarter, standing at 30.4%;
According to data from the Ministry of Finance, about 1.5 million carats of diamonds were exported in February;
The ANPG, Angola’s Oil & Gas regulator, signed Production Sharing Agreements with the companies Walcot, Sonangol and Afentra, relating to Blocks CON 3 and KON 15, auctioned in 2023.

Best regards,
BFA

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