Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

  •  In the second quarter of 2022, Angola exported a total of 2.45 million carats in diamonds, representing an increase of 16.6% compared to the same period in 2021.

  • Financial rating agency Fitch Ratings last week revised the outlook for Angola's rating to evolve from Stable to Positive, anticipating a rise in ratings, possibly in early 2023.

  • Last week, the Angolan Government attributed the management of the Lobito corridor to the consortium between Mota-Engil, Trafigura and Vecturis

  • The winning consortiums for the Lower Congo and Kwanza basin’s tender, launched in 2020, received final approval.



Best regards,
BFA


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