Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

  • In the 3rd Quarter of 2021, Angolan GDP expanded by 0.8% year-on-year – growth after 9 consecutive quarters of year-on-year decline;

  •  Fitch Ratings upgraded Angola's rating by two notches to B-, due to “significant improvements in fiscal and external metrics, supported by a return to economic growth, prudent fiscal policy and higher oil prices”;

  •  Angola agreed 4 financing deals in the global amount of around USD 428 million, according to several decrees published last Wednesday.



Best regards,
BFA


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