Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

In the 1st quarter of 2023, oil exports were around 1.07 million barrels per day, a drop of 6.6% compared to the same period of 2022, partly due to the stoppage of production at the Dália field, in Block 17, in March.
Diamond exports rose 47.4% in Q1 2023, when compared to the same period in 2022 - in total, 2.7 million carats were exported.
Angola will obtain a EUR 103 million loan from Crédit Agricole Corporate and Investment Bank.
Data on private sector transactions from EMIS point to a continuation of the year-on-year growth in private consumption in Q1 2023.

Best regards,
BFA

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