Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

The Angolan economy is timidly gaining some vitality, with industrial production posting an improvement in Q2 2021 of around 3.0% yoy;
Financing granted to the Real Sector of the Economy stood at AOA 553.32Bn;
Despite the forecast of a 0.66% contraction of the Angolan economy in 2021, the IMF is confident in Angola's reforms;
The World Bank forecasts a 0.4% growth for the Angolan economy in 2021;
Finance minister Vera Daves de Sousa predicts that the Angolan economy will grow by 0.2% in 2021, rising to 2.4% in 2022;
The Instituto Gestão de Ativos e Participações do Estado (IGAPE) extended by 2 weeks the deadline for submitting candidacies for the privatization of four agro-industrial units.

Best regards,
BFA

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