BFA - Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

The credit rose 3.2% in February compared to the previous month and 29.1% compared to the same month of 2023, according to BNA data.
The monetary base (M0) in Kwanzas rose 2.7% in February compared to the previous month; and compared to the same period of the previous year, the increase was 44.3%.
The Public Offer process for the sale of shares of Angolan oil company ACREP was concluded, which sold 24.0% of the shares reserved for this purpose, a total of 72,121 shares, raising about AOA 5.4 billion.

Best regards,
BFA

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