Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

In May, annual inflation was 24.42%, down 1.37 percentage points (p.p.) from April – the fourth consecutive month of decline.
Oil exports were close to 1.13 million barrels per day (mbd) in May, -3.7% compared to the same period of 2021.
Data independently collected by OPEC point to a year-on-year increase of 8.5% in crude oil production in May, averaging 1.18 mbd.
The Trade Balance closed Q1 2022 with a surplus of USD 10.2 billion (bn), representing a year-on-year growth of 57.4% (USD +3.7 bn).
IGAPE started last week the second phase of the privatization process of 9 stores of the Nosso Super chain.

Best regards,
BFA

If you wish to cancel your subscription, please click here.

Company Headquarters
Rua Amílcar Cabral, 58, Maianga – Luanda
Telephone: 222 638 900 • Fax: 222 638 911
www.bfa.ao

Speak to us

Available 24 hours a day. If you have questions,
suggestions or complaints, talk to us.

Social Networks

This message (including any attachments) is intended only for the use of the individual or entity to which it is addressed and may contain information that is non-public, proprietary, privileged, confidential, and exempt from disclosure under applicable law or may constitute as attorney work product. If you are not the intended recipient, you are hereby notified that any use, dissemination, distribution, or copying of this communication is strictly prohibited. If you have received this communication in error (i) destroy this message if a hard copy or (ii) delete this message and any attachments if this is an electronic communication. This message and any attachments are the exclusive responsibility of the sender, and BFA cannot be held liable for any eventual consequences that may arise from it.