Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.


  • The unemployment rate improved slightly in the second quarter of 2022, down 0.6 percentage points (pp) from Q12022 (30.2%, vs. 30.8%).

  • BNA bought USD 100 Million for the second time for the purpose of accumulating international reserves from participants of the Bloomberg FXGO Platform.

  • In the foreign exchange market, the week was marked by an appreciation of 0.1% of Kwanza against the Dollar and 2.4% against the Euro, having closed the week at USD/AOA 428.8 and EUR/AOA 430.9.

  • BNA suspended Finibanco Angola from the foreign exchange market for 45 days for several regulatory defaults.

  • The World Bank has a new Representative and Director for Angola.

  • Angola is counting down for the general elections.

Best regards,

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