Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.


  •  Last week, Sonangol announced the launch of its first corporate bond issue, which will take place between 28th of August and the 12th of September.

  • Angola agreed a loan amounting to EUR 99 million with Deutsche Bank, money that will be allocated to electrification in Samba Lucala and neighboring areas.

  • The Ministry of Economy and Planning (MEP) has lowered its expectations for Gross Domestic Product growth for the 2023 financial year to 1.1% against the 3.6% forecast at the beginning of the year.

  • According to OPEC data, oil production in July stood at 1.17 million barrels day (mbd), showing growth of 9.7% compared to the same month of 2022.


Best regards,

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