BFA - Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

Year-on-year inflation in April stood at 28.2%, an increase of 2.1 percentage points (p.p.) from the previous month.
After registering highs in the first three months of the year, because of the outbreak of tensions between Israel and Iran, the oil market is softer, and a downward trend is expected in the short term.
Angola has agreed a financing package worth USD 1.3 billion (B) for infrastructure in the Lobito corridor, with the support of EXIM Bank of the United States.

Best regards,
BFA

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