Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

The IMF released the report of the 1st post-financing evaluation for Angola.
Since 2000, the Chinese Government has lent Angola around USD 45 Billion (Bn), more than ¼ of the total amount for Africa.
In August, the Monetary Base (M0) in National Currency grew for the second consecutive month, when compared to the same months in 2022, after having shown year-on-year declines since October 2022.
Luibor rates are now falling, with emphasis on Luibor Overnight which fell by around 118 basis points compared to the highs recorded in July.

Best regards,
BFA

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