Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.


  •  In the 1st half of 2022, Angola had a surplus in public accounts of AOA 1.1 billion, between 3-4% of GDP, according to our estimate.

  • Moody's last week improved the outlook for the evolution of Angola's rating from Stable to Positive.

  • The consultancy Fitch Solutions has improved its growth estimate for Angola in 2022 from 3.5% to 4%.

  • In the foreign exchange market, the Kwanza devalued this week by 2.3% against the Dollar and 2.7% against the Euro, closing at USD/AOA 452.7 and EUR/AOA 443.1.

Best regards,

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