Dear subscriber [name],
Here is this last week’s Angola Weekly.
Highlights:
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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.
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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.
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Last week, the Angolan Government attributed the management of the Lobito corridor to the consortium between Mota-Engil, Trafigura and Vecturis
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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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