Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.


  • In Q1 2022, there was a year-on-year growth of 1.0% in oil exports, with an average value of 1.15 million barrels per day (mbd).

  • Data independently collected by OPEC point to a year-on-year increase of 1.5% in crude oil production in Q1 2022, an average of 1.16 mbd.

  • From January to March 2022, Angola exported a total of 1.84 million carats of diamonds, a drop of 19.7% compared to the same period last year;

  • In March, the national year-on-year inflation was 27.0%, a slight reduction of 0.3 percentage points (p.p) compared to February, representing the second month of decline since March 2021.

  • In the foreign exchange market, the week was marked by an appreciation of 4.12% of the Kwanza against the Dollar and of 5.29% against the Euro, having closed the week at USD/AOA 421.38 and EUR/AOA 454.35.

Best regards,

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