BFA - Angola Weekly

Dear subscriber [name],

Please find attached last week’s Angola Weekly.

Highlights:

According to the Angola’s state-owned diamond company (ENDIAMA), in 2024 14 million carats of diamonds were produced, representing an all-time high;
Regarding the management of the money supply, in December, the monetary base (M0) in local currency, the main operational variable of monetary policy, stood at AOA 2.5 trillion (T), an increase of 14.5% year-on-year, below inflation;
Private sector deposits grew in December by 7.9% year-on-year.

Best regards,
BFA

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