Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.


  • In February, the national year-on-year inflation was 27.3%, a slight reduction of 0.4 basis points (bp) compared to January, the first fall in inflation since March 2021.

  • This month, the state began public debt auctions for 2022, issuing at significantly lower rates on first issues.

  • The Industrial Production Index (IPI) for the 4th Quarter of 2021 recorded an increase of 5.2% compared to the same period last year.

  • The Trade Balance ended the 4th Quarter of 2021 with a positive balance of around AOA 4.11 Trillion (Tn), doubling compared to AOA 2.09 Tn in 4Q 2020.

  • Data independently collected by OPEC point to an increase in oil production of 5.3% yoy in the month of February, totaling 1.18 million barrels per day (mbd).

Best regards,

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